Buy the dip or sell the rallies?

Amit Lodha
Amit Lodha Fidelity International

While in Taiwan this week, meeting with executives of the technology/smartphone value chain, my hotel room shook with earthquake tremors. It struck me that nature has a unique way of sending us mortality messages every so often. In a similar vein, hidden in all the volatility last week, ‘Mr Market’... Show More

The Collins Class Rule

Marcus Padley
Marcus Padley Marcus Today

Some long-term Marcus Today followers will remember the story about a Member who used to work in a Collins Class submarine on weapons systems (computer whizz). When they surfaced he would download stock-market data. When they submerged he would spend many hours of idle time back testing numbers looking for... Show More

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This is not a drill – It's time for Australian investors to focus on defence

Charlie Jamieson
Charlie Jamieson Jamieson Coote Bonds - JCB

So far in 2018, markets have grappled with rising bond yields, full employment, US Federal Reserve tightening, a weak USD currency and rising fiscal deficits, spurred by tax reform. We have seen these exact issues before. The year was 1987. Show More

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A new generation learns about nickels and steamrollers

Steve Johnson
Steve Johnson Forager Funds

You are probably wondering what the hell happened this week. Friday’s relatively minor retreat in global stock markets – apparently due to increasing concerns about inflation and rising interest rates – suddenly became violent. Show More

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The market is hundreds of points too cheap

Michael Knox
Michael Knox Morgans

When we go into periods of big volatility like this, it is the amount of liquidity in the US wholesale system that decides how long that period of volatility will last. I think this period will last weeks rather than days. I think by the time we get to the... Show More

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Ten quotes on volatility from the masters of the market

Fidelity International
Fidelity International Fund Manager

In light of the notable market volatility this week, it is timely to review what the masters of the market have said on the subject. These quotes from some of the most successful investors illustrate how investing in stock markets can be a challenging yet rewarding venture, requiring strong research... Show More

Why even small panics matter

Gareth Brown
Gareth Brown Forager Funds

Sitting in a pub with property man Pete Wargent a few months ago, we were discussing the property market of Sydney in the 2008-10 ‘downturn’. I use inverted commas because barely a blip registered on any city-wide measurement of house prices. Show More

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Sometimes the safest thing to do is nothing

Jack Lowenstein
Jack Lowenstein Morphic Asset Management

As most of you will have noticed, global share markets have been very turbulent, and sharply down this month. Our view is that this does NOT mark the end of the bull market we have seen since we launched the Morphic Global Opportunities Fund in 2012. In consequence, we remain... Show More

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My thoughts on the recent Wall Street correction

Anton Tagliaferro
Anton Tagliaferro Investors Mutual Limited

Last week Wall Street fell over 1,000 points, reversing the sharp rises of earlier in the month. Many are now asking if this is the start of a new trend on markets and what it all means for the Australian sharemarket. Show More

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5 Essential Investing Tips for Millennials: How to Start Building Wealth Early

Kent Kwan
Kent Kwan AtlasTrend

Isn’t it time we changed the dialogue around millennials and money? Moved away from berating them for their supposed avocado-eating, latte-sipping, globe-trotting habits and offered some pragmatic strategies for building a sustainable financial future? We certainly think so. It’s why we’ve broken down 5 investing tips for millennials looking for... Show More

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Livewire Summer School: Using derivatives to your benefit

James Gerrish
James Gerrish Market Matters / Shaw and Partners

We use derivatives across the majority of our portfolios to improve performance and / or to reduce portfolio volatility. They help us consistently beat the market over time and improve the overall flexibility within our portfolios. We are almost entirely ‘sellers’ of options, and the bulk of our transactions are... Show More

Outlook 2018: Volatility coming as central bank support winds back

Colonial First State Global AM

After a favorable “risk on” year that brought numerous new highs to many stock market indices worldwide without significant drawdowns, investors have perhaps become lulled into a state of complacency and security around their investment portfolio allocations. Show More

The top 10 Charts for 2018

Callum Thomas
Callum Thomas Topdown Charts

I spent a lot of time in the 2017 End of Year Special Edition looking back across the year, covering some of my best charts and calls (and some of the worst!). But this article provides a look at the most important part of that report. Show More

Livewire Summer School: November rain, and insurance claims

Livewire Exclusive

Guns N’ Roses released their first debut album titled “Appetite for Destruction” in July 1987. Three months later one of the most violent and unexpected equity market corrections in US history occurred. The Dow lost 22.6% of its value on Black Monday, and the causes behind the dramatic fall are... Show More

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What does low volatility mean for investors?

Investors Mutual
Investors Mutual Quality and Value Investing

Over the past 12 months, a common headline in the financial pages has pointed to record low levels of volatility, as measured by the frequently quoted VIX volatility index. Yet for Australian equity investors, increasingly volatile share price movements in many stocks belies what the VIX is actually indicating -... Show More

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What’s more important, process or outcomes?

Stuart Pearce
Stuart Pearce Alluvium Asset Management

Sometimes friends like to discuss general market conditions. A while back one of my mates commented that things must be great given the prevailing booming market. I concurred, agreeing performance was great, but I also mentioned I’m not terribly excited by it all, because we tend to focus on process... Show More

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Small Caps Flying

Marcus Padley
Marcus Padley Marcus Today

Last week we saw BWX, BKL, A2M, WTC, NCK, NAN and BIN all up 7% or more. BAL is up 85% in three months, A2M is up 83%, WTC is up 55%, BWX is up 28%, BLA is up 46%. The mid-cap sector is having a dream rally. A lot... Show More

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6 catalysts for volatility, and how to play it

Fred Woollard
Fred Woollard Samuel Terry Asset Management

Implied volatility is now trading at record lows across a variety of asset classes, especially in US equities. This means that option markets are priced in the belief that the economic and political outlook in America and the world is as stable as it has been for more than 25... Show More

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Ray Dalio: Risks are rising. Allocate 5-10% of your portfolio to gold

Livewire News
Livewire News Livewire

Ray Dalio, Chairman and CIO of Bridgewater Associates has released a new memo this morning where he notes that risks are rising and prudent investors should be preparing wisely. The key points of the memo are: Show More

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Political populism and the markets

Paul Hennessy
Paul Hennessy Capital Group

Populism hit the headlines a year ago when the UK voted to leave the European Union (EU), and it has cast a shadow over many political events since then. My colleague, political economist Talha Khan, discusses what could be in store for Europe, considers the effects on the US with... Show More