Back in 2006 when we first bought Microsoft, the market was concerned about the future of the company’s consumer division – even though it represented only five percent of total sales. We saw great long-term potential for Microsoft to transition its enterprise software business to a subscription-based model, which would... Show More
On the topic of valuation, Professor Aswath Damodaran is one of the greatest communicators of our time. Recently, he sat down with another famous NYU professor, Scott Galloway, to discuss the valuations of some of the world’s leading technology companies. Professor Galloway is known for his engaging TED-style talks where... Show More
When President Trump ordered the launching of 59 Tomahawk cruise missiles against a Syrian airbase on Friday, it sent the share prices of defence contractors higher. The Tomahawk cruise missiles, for example, are manufactured by Raytheon and sell for about US$1 million each. Show More
I am going to sell both Dow futures (hopefully around 20,080) and S&P500 futures (at around 2,293). This new trade to be instigated at or near open on Monday 30 January and is based on my view and is not investment advice in any way. Please contact your financial advisor... Show More
The ETF over the Dow Jones Transportation Average (IYT) has made a clear break out of an inverse head-and-shoulders formation and the technical set up suggests there are further gains to be made, say Sydney-based Saxo traders. According to the traders, the profit targets are broken down by the respective... Show More
Over the past few weeks, Clime has presented its rationale for local investors to maintain portfolio exposure in major international companies. Show More
The US economy is improving steadily with GDP growth at approximately 2.5%, wages growing at 2%+ and the unemployment rate close to 5%, which I would deem close to full employment. The strong US Dollar is dampening inflation and weighing down export growth and tourism which is affecting retail sales... Show More
Much has been said about the risks China presents to the world economy, but Kerr Neilson, Portfolio Manager at Platinum Asset Management, sees things differently. “The US is, we argue, the most over-owned, and we have therefore been shorting it as additional protection. This is now returning to us some... Show More
This fear poll published on the vix and more blogspot attempts to get some insight into which issues have been responsible for bring fear back into the investing equation and in so triggering the highest VIX spike (53.29) outside of the 2008-09 financial crisis and the #5 and #6 one-day... Show More
Good morning, Show More
Matt Sherwood, Perpetual’s Head of Investment Strategy, Multi Asset, says be concerned about the US sharemarket - not US Fed policy. Show More
"U.S. stocks climbed on Monday, giving the S&P 500 its biggest gain since May as indexes bounced back sharply from last week's losses, buoyed by gains in commodity-related shares and optimism over Warren Buffett's latest deal. Show More