What Mattered Today; Banks under the pump

James Gerrish

Financial stocks were the cause of pretty much all of the pain on the ASX today with the banking enquiry focussing on CBA – some extraordinary headlines making their way into the press which was also the case yesterday when NAB was in the hot seat – the BIG 4... Show More


What Mattered Today; Newcrest Mining battered

James Gerrish

The start of the trading week promised so much with a very strong overseas lead and continued support throughout Asia + buying in US Futures (+0.36%) during our session, however the ASX failed to live up to expectations with what looked to be Futures led selling throughout the day ahead... Show More


What Mattered Today: Swings & roundabouts with FMG production

James Gerrish

Local stocks hit the skids today courtesy of a weak lead from the US mkt overnight however we saw more selling in US Futures throughout our session today – at our close S&P Futures are trading down another -0.57% pricing a drop of ~170pts on the Dow when trading kicks... Show More


WHAT MATTERED TODAY: The Aussie battler fares better than most

James Gerrish

The local market followed overnight leads lower today, however buying kicked in and we fared better than most international markets. Banks were weak, and materials were strong however volumes were light as market players take a 4 day weekend. Show More


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What Mattered Today; Seasonality for Gold

James Gerrish

Another day that saw the best of it in early morning trade before sellers started to dominate from around 10.30am onwards. Iron Ore was sold in Asia with Futures trading around 2% lower which prompted a ‘sell the strength’ trade for the commodity stocks – Fortescue gave back early gains... Show More


Cash-rich gold miners turn to explorers, developers for growth

Barry FitzGerald

Northern Star’s purchase of a 16% stake in nearby explorer Echo Resources highlights what could be a trend for cashed-up, growth-hungry gold majors in 2018. And Genesis Minerals could be one of those on the bigger boys’ radar, with recent drilling demonstrating its development potential. Show More


Strandline poised to rebound on rising mineral sands prices

Barry FitzGerald

After years in the doldrums, mineral sands prices are bouncing back, thanks mainly to a lack of new mines. This means highly-leveraged juniors such as Strandline, which has a pipeline of projects, are starting to feel a tailwind. Plus, Encounter dangles the carrot with results imminent from drilling near Telfer. Show More

gold zircon mineral sands ASX:NCM ASX:RIO asx:sta ASX:ENR

Buy Hold Sell: Wilson vs Aitken – Mining & Energy

Buy Hold Sell

In this episode of Buy Hold Sell Matthew Kidman from Centennial Asset Management asks Geoff Wilson from Wilson Asset Management and Charlie Aitken from Aitken Investment Management for their views on some of the big names in Mining & Energy. Show More

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Where to find opportunities in large companies

Clime Asset Management

There is so much confusion about the stocks in the ASX’s large-caps index, the ASX 50. Some investors see them as ‘blue-chips’ by virtue of their size and longevity, and thus see them as long-term portfolio holds. Others think the ASX 50 is largely useless: a motley, concentrated index of... Show More

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Stavely set to drill elephant gold-copper porphyry target in Victoria

Barry FitzGerald

Stavely Minerals is preparing for a potentially game-changing drilling program in Victoria, where it will test what it thinks could be a high-grade gold-copper porphyry. And these things can be big, as shown by Newcrest’s Cadia deposit. Plus, Alkane’s gold and rare earths combination proves a magnetic attraction for investors. Show More


Global Miners - Where to from here?

James Gerrish

Global miners enjoyed a cracking start to the year delivering ~18% performance by 16 February 2017 underscored by the best financial reporting season in over five years. We’ve now seen another reporting season, a period of consolidation and a more challenging period as the macro tail – PMI’s, US dollar,... Show More


Newcrest Mining Full Year Result: NCM underlying profit misses expectations


Australia’s largest listed gold producer, Newcrest Mining Limited (NCM) posted a slightly weaker than expected full year underlying profit result. Net profit fell 7% to US$308 million. Underlying profit did increase by 22% boosted by an average lift in US$ per ounce of gold. The lift in price was offset... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170725

Mathan Somasundaram

Local market bounced back from yesterday’s underperformance on the back of strong commodities and AUDUSD. Banks were up on currency/yield trade while Resources were up on commodity bounce. Aussie CPI data tomorrow…high AUDUSD means outlook is for weaker inflation…unlikely to back any RBA rate hike scare story in 2017. The... Show More

Just 2 ASX stocks pass the Benjamin Graham filter

Nathan Bell

With valuations for high quality businesses currently near or at an extreme, we thought we’d run a screen based on Graham’s Stock Selection Criteria to see if it produced any overlooked, inexpensive stocks. Ben Graham is regarded as the father of value investing, having authored Security Analysis and its friendlier... Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170628

Mathan Somasundaram

Local market started positive and maintained the pace with better commodities and higher rates outlook. US market remains the overhang and NASDAQ falls to the 50 day MA for the third time since US elections…last time NASDAQ broke 100 day MA, we had the high PE growth sell off…local investors... Show More

Technicals - Gold - US$1290 is the key level to watch

Angela Mangan

SPOT GOLD PRICE (US$1278) - a New York close above US$1290 if it occurs would target a rally to US$1340. The spot gold price originally generated a technical sell signal at US$1321 on 25/8/16. The gold price subsequently generated a re-entry technical buy signal at US$1216 on 2/2/17. The minimum... Show More

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8 reasons market vulnerable to nasty selloff

Richard Coppleson

The US looks suddenly' very vulnerable" to a nasty selloff once everyone considers these 8 points, and I'm a BUYER of gold stocks for the first time in a long time... Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170427

Mathan Somasundaram

Local market made an unconvincing positive day after US market lost steam on the tax reform agenda release. US tax reform agenda was a yawn as expected. It looked like a high school project but with less detail. It was a one pager that stated pre-election slogans with not much... Show More

Technicals - gold price technical buy signal target @ US$1288 reached

Angela Mangan

The spot gold price originally generated a technical sell signal at US$1321 on 25/8/16. It subsequently generated a re-entry technical buy signal at US$1216 on 2/2/17. The nominated upside technical price target located at US$1262 was reached on 27/2/17. Show More

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Technicals - spot gold price - technical BUY signal target located at US$1288

Angela Mangan

The spot gold price originally generated a technical sell signal at US$1321 on 25/8/16. The gold price subsequently generated a re-entry technical buy signal at US$1216 on 2/2/17. The nominated upside technical price target located at US$1262 was reached on 27/2/17 as detailed in my previous Wire. The more recent... Show More

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