The market was bid up strongly early on today however weakness crept in throughout Asia and we saw the local index tickle up against key resistance just above 6000 for the ASX 200. It simply feels like the current momentum in the mkt simply isn’t strong enough to see it... Show More
When Merlon was established in 2010 and we first formally reviewed Telstra, the stock was trading at $2.64. The top down (and perhaps consensus) view at that time was that the company faced enormous structural challenges stemming from the ongoing decline in fixed line voice services, intense competition in mobile... Show More
Aussie market started negative before substantial buying support for the banks came out of the left field and drove the market higher even before RBA came out with a rate cut. It was almost like some big investors knew there was a rate cut coming or were willing to take... Show More
Aussie market started flat and finished flat with banks covering the fall in miners and staples. The market was aimless and lacked any sentiment as everyone was waiting for FOMC meeting to let out the dogs of war. In all possibilities, US Fed will either hike rates or have to... Show More
Aussie market started negative on weaker commodities and the market went on with the negativity as US Fed decision is only a few days away. BOJ left rates on hold as they wait to see where the negative rates take them before making any more changes. The main game is... Show More
Aussie market started positive and finished positive despite wobbling around with weak China data and RBA keeping rates on hold. The Bank sector dividend yield to bond yield gap only reached these levels in 2008 and 2011 and both times the market bounced hard on yield trade. In an environment... Show More
Aussie market pulled back with usual Friday profit taking as investors were not willing to carry risk into the weekend. The bounce with Oil took a breather as Saudi Arabia confirmed they were talking about freezing and not cutting supply. Non OPEC and OPEC countries will have to come up... Show More
Aussie market started positive and then went on a rampant short covering run to deliver a strong positive finish after a weaker than expected unemployment data . The bounce was mainly driven by Oil recovery. Non OPEC players showing signs of working towards a deal with OPEC to first freeze... Show More
Telstra (TLS) posted a modest 0.4% rise in its profit to $2,093 million for the six months ending 31 December 2015 For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Despite the short term negative sentiment in yield stocks on the back of global investors selling, investors will start to chase high yielding stocks in an environment of low interest rates and lower growth. Global growth will remain low for longer while central banks provide support to avoid any recession... Show More
