James Gerrish

James is a Portfolio Manager within Shaw and Partners heading up a team that manages direct equity and option portfolios. He is also the Primary Contributor to Market Matters, a daily investment report that offers real market insight.

Expertise

Buy Banks & Sell Resources - has this call got legs?

James Gerrish

These markets are becoming extremely interesting as we start to see the “risk on theme” gather momentum at the expense of the more recent “safe haven” favourites e.g. last week we saw A2 Milk (A2M) +5.6% & Telstra (TLS) +5.8% while CSL Ltd (CSL) -2.5% & Cochlear (COH) -4.8%. Fridays... Show More

ASX:BHP ASX:COH ASX:CSL ASX:TLS ASX:WEB ASX:EVN

What Mattered Today; We’ve developed a very special bond…says Trump!

James Gerrish

The central focus today was the much anticipated – talked about – on / off meeting between Mr Trump and the North Korean Dictator Kim Jong-un. The meeting started this morning and went over lunch culminating with the signing of some agreement – the details of which remain scarce, although... Show More

ASX:CTX ASX:NCM ASX:RHC

What Mattered Today; Fortescue makes play on Atlas Iron, Prospa – anything but

James Gerrish

This morning we suggested that our market is currently lacking coordinated strength with different sectors taking it in turns to drag the market kicking and screaming higher e.g. yesterday the resources were strong but the banks fell -0.8% stifling any chance of an explosive advance. That changed slightly today with... Show More

ASX:AGO ASX:FMG ASX:MIN ASX:PGL

What Mattered Today; Kogan under fire on insider sales (sort of!)

James Gerrish

Despite the Nasdaq reaching new highs on a close basis overnight + most indices rallying, local futures were pointing lower today and that’s where the market headed, quickly erasing yesterday’s relief before rebounding somewhat and settling around the 6000 level. The market dipped back below this level at the end... Show More

ASX:MOC ASX: KGN

WHAT MATTERED TODAY: Metcash whacked – Reliance Worldwide flies!

James Gerrish

Local futures were pricing a drop of 30 points on open this morning with weakness in the commodity / energy complex the main driver, however news that the much talked about meeting between Mr Trump and Senor’ Un was back on sparked a recovery in US Futures (Dow Jones +84pts... Show More

What Mattered Today; Stocks rebound from early lows – short term bullish!

James Gerrish

A better day for the market overall however some decent volatility throughout the session particularly at 11.30am where a big portfolio unwind happened – looked like a computer hitting stocks hard and causing the market to drop around -20pts in the few minutes. We sighted an overseas seller putting pressure... Show More

ASX:ALL ASX:MTS ASX:NCM ASX:ORE asx:gma

5 potential short-squeezes going into the end of financial year

James Gerrish

Coming into the end of the financial year, it's time to look for stocks heavily shorted by traders and hedge funds. Hedge funds often like to lock in profits before the EOFY creates “pops” in the respective companies, and / or simply “clean up” their positions. Show More

ASX:DMP ASX:JBH ASX:SYR ASX:APO ASX:VOC

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What Mattered Today; Santos - whats it worth now?

James Gerrish

The index was choppy early, edging higher in the first hour before heading lower from at around 11am onwards which coincided with Santos resuming trade after snubbing the harbour bid. It was the real estate names that supported the market once again today with 7 of the top 8 performers... Show More

ASX:STO

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Market drifts lower - yield stocks weigh (TWE)

James Gerrish

The market rolled over early this morning on some big volume through the futures market before ebbing and flowing throughout the session. A whimper up into the close but nothing to write home about, the market simply feels a little hot now and needs to some time to cool –... Show More

ASX:ANZ ASX:NAB ASX:SYD ASX:TWE

3 overvalued yield stocks (WOW, TCL, BWP)

James Gerrish

Global interest rates are rising after a multi decade decline in US Bond Yields and recently we saw interest rates / bond yields rally above those on offer by stocks, a fairly new phenomenon to many players in today’s market although it’s definitely not yet occurring in Australia. The US... Show More

ASX:TCL ASX:WOW asx:bwx

What Mattered Today; Clydesdale eyes off Virgin Money, the market awaits the Budget

James Gerrish

All eyes appear to be on tonight’s Federal Budget with low volumes and a lack of direction seen across the board today. For the fourth day in a row the market poked its head above 6100 but failed to close ahead of the milestone. As suggested in the AM report... Show More

ASX:WBC ASX:CYB

Highest conviction mining calls

James Gerrish

Yesterday I sat down with Peter O’Connor, our Resource Analyst at Shaw and Partners. According to Bloomberg rankings, Peter is the No 1 rated analyst for BHP, RIO, Alumina (AWC) and Independence (IGO) – so his views clearly hold weight. Show More

ASX:AWC ASX:BHP ASX:FMG ASX:IGO ASX:RIO

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What Mattered Today; ANZ sparks bank rally

James Gerrish

Another solid performance from local stocks today bucking the negative overseas lead – the Dow Jones down -146pts / 0.61% overnight yet we rallied +0.54% today continuing our recent period of outperformance. The banks the main driver which would have come as a surprise to some (not MM) with the... Show More

ASX:ANZ ASX:IGO ASX:MQG

5 resource sector takeover targets

James Gerrish

This time last year we wrote a piece on Livewire calling a short-term top for resources, targeting a correction of around 10% before we became buyers once again, which you can see here. As it turned out, resources did retreat by a little over 10% affording us an attractive buying... Show More

ASX:AWC ASX:IGO ASX:ORE ASX:OZL ASX:SYR this time last year

ASX 200 puts on 3.88% in April - best month in the last 7

James Gerrish

The local market continued on its bullish tilt today to end the month with the ASX 200 trading just 9pts below the psychological 6000 mark – up +29pts on the session or +0.49% to close at 5982. Banks seeing some further respite with the big 4 accounting for +10 index... Show More

ASX:AMP ASX:NST ASX:PPT ASX:WSA ASX:WBC

Why we see another 3-4% upside & where to invest now

James Gerrish

Last week was a fascinating one in equity land with MM again becoming bullish the local ASX200 targeting the 6200-6250 area, now only around 3% higher. It was refreshing to see local stocks, even in the face of the Hayne royal commission, sit in the winners cycle of global indices... Show More

ASX:CSL ASX:MQG ASX:TLS ASX:HSO ASX:USD ASX: DMP

What Mattered Today; UBS reignite the bank sell off

James Gerrish

After yesterday’s day off the market was choppy through the morning before selling kicked in - particularly in the banks today. Westpac in particular was sold off hard as UBS heavily reduced their target price and outlook for the bank – more on this later. Healthcare got a boost with... Show More

ASX:WBC ASX:HSO

What Mattered Today; Banks find a bid

James Gerrish

The bourse performed well on a slow news day today, as banks and miners lead the index higher. Banks, in particular the regionals in Bendigo and Bank of QLD, were shown a bit of respite from investors with the big four also finishing higher. ANZ announced a range of impacts... Show More

ASX:BEN ASX:NCM asx:isu

What Mattered Today; BHP's quarterly production numbers - just okay

James Gerrish

The resource stocks were very strong today after big moves in underlying commodity prices overnight put the fire in the belly of buyers, particularly targeting Nickel stocks Western Areas (WSA) and Independence Group (IGO) which both added more than 7%, while the large caps in BHP and RIO roared around... Show More

ASX:BHP ASX:FXJ ASX:ILU ASX:SWM

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What Mattered Today; BOQ hit with higher funding costs

James Gerrish

A very weak session for local stocks even though the index finished flat with early optimism sold into fairly aggressively, particularly on the close despite US Futures trading higher / S&P pointing to a rise of 0.5% in the US tonight. The domestic trading desks we deal with are all... Show More

ASX:BOQ ASX:OZL ASX:VRL

Hi Graeme - Better to look at points in our view - in rough terms wave 1 = 400pts, wave 3 which should be biggest = 700pts and wave 5 should be similar to wave 1 (give or take) - assume 400pts from about 1100 = 1500. We don't get too hung up on exacts - more areas / zones.

On Why is a correction looming? -