There’s a lot to like about Transurban (TCL), but not the way that has traded in the last few days. This begs the question that, despite all the pundits loving it, do we buy it at $12, or can we get it closer to $10? Imagine that, grabbing TCL when... Show More
Retail stock prices have made some large moves during the last few months. We traded the recent bounce in JB Hi-Fi but have since moved on. Harvey Norman (HVN) is the other large retailer that attracts plenty of interest amongst investors. At the end of August, HVN announced their full... Show More
It can be tough to invest in an airline. Australian airlines have to fight competition from overseas airlines (which are often owned by governments with deep pockets), fluctuating fuel prices and currencies, workers unions, and changing consumer demand. However, recent cost cutting and more attractive fuel prices, amongst other things,... Show More
After peaking in early May on the day of their results, Macquarie Group (MQG) was then heavily sold down (circled on the weekly chart). This suggests that the all the upside was factored in and that the stock was too expensive. Since then, it has been struggling and we can... Show More
IAG reported today and the share price tumbled. At one stage it was down 10%. In our weekly research that we send to clients, we warned a week earlier that there was something wrong with the IAG chart. The chart was giving us clues that the market did not like... Show More
A result on Thursday that is absent of any nasty surprises could see Telstra rally towards our next target of $5. The Telstra chart has been an easy one to read in the last couple of years. Show More
We had a story here a month ago in Livewire about Suncorp. The article was titled “Is Suncorp about to be a great shorting opportunity?”. At time of writing, the stock is down over 8% since then and today’s sell-off suggests that there is further to fall. We have recently... Show More
The last several weeks has seen Fortescue (FMG) bounce strongly from nearly $4.50 to over $5.80. Some analysts are getting nervous with the iron ore price up here, but is there even more upside for FMG? Show More
After falling significantly in the last two months, we take a technical and fundamental look at Nufarm (NUF) and determine whether we now have an opportunity to buy the stock. Show More
The shares have had a great run over the last few years but we can see some danger signs up here. Firstly, since peaking in June, Fisher and Paykel Healthcare (FPH) has been sold down fairly quickly (circled). The volume has also been fairly large on the way down. This... Show More
We bought the banks a few weeks ago and believe that they can head higher. But that view doesn’t extend to Suncorp (SUN). It is currently trading near $15, and the rally in June has been explosive. However that could be as good as it gets. Based on the way... Show More
We have another great trading idea for Livewire readers. Looking back at the last 10 stocks that we have covered here, 9 have done what we predicted, with only one stock doing the opposite*. Hot on the heels of this, we present another trading idea. This time we are trading... Show More
Back in August last year we published an article in the Australian Financial Review with our views on the chart for Woodside (WPL) and how it was shaping up as a trade. We noted at the time that WPL was looking positive again and that it should head up towards... Show More
There has been talk of a housing bubble for many years now. With households highly leveraged, a significant increase in interest rates or high unemployment may have dire consequences on borrowers’ ability to repay their mortgage. But if there was a housing crash, how would this affect our stock market? Show More
With the end of financial year around the corner, it is worthwhile reviewing how your gains or losses are treated if you decide to sell your shares before 30 June. Show More
We looked at JB Hi-Fi (JBH) last year here in Livewire we and didn’t like the way the chart looked. We expected the shares to fall towards support near $22 and advised investors to stay away. Since our note, Amazon has been in the papers nearly every day and investors... Show More
We have been bearish on Healthscope (HSO) for a while. Having fallen quite a bit in the last year, especially compared to other healthcare stocks, is it now time to jump in? Here we analyse the stock's fundamentals and also how it is looking on the chart. Show More
Property has been a major source of wealth building over the last couple of decades. And has been the vehicle of choice for “Mum and Dad” investors. Show More
In a recent research report to clients, we took a fundamental and technical look at Westfield Corporation (WFD). With the stock having fallen from $11 to the low $8’s in less than a year, could this be an opportunity to buy a top 20 stock in a market where valuations... Show More
After a great run, we take a fundamental and technical look at Webjet (WEB). While the stock, trading on a 1-year forward P/E multiple of 23x, is not cheap, we consider that the market does not appear to be factoring in the potential earnings uplift in FY19 from the Thomas... Show More
Yes, some clients of ours are shorting NCM through options or CFD's. Others are keen on playing the long side so are waiting on the sidelines for now.
Its a good price and we've been happy to sell DJS here to lock in a nice profit.
James, in terms of expectations we'll have to get back to you with specifics, but definitely we want to see the trend more towards upgrades than downgrades, especially at this phase of the cycle. Almost more a game of avoiding the disasters than picking the winners.