Daily Report
The market ebbed and flowed around 6220 handle on the ASX 200 today – the positive influence from the material stocks offset by some selling amongst the banks – CBA the weakest link after cutting rates on their fixed mortgages, the stock down -0.59% at $70.25 although it traded back... Show More
Daily Report
US Futures + Asian markets were all lower on the session today, however Australian stocks rallied – the ASX 200 up by 40pts – closing on its highs - thanks largely to strength in the Iron Ore price - Iron Ore Futures up strongly on the session which propelled Fortescue... Show More
The market took its bullish que from the US overnight with stocks having a belated response to the Feds dovish commentary on Thursday – the Dow put on +216 points feeding into a bullish open in Australia and the market went on with – up until lunchtime at least. On... Show More
The market rallied today, following on from yesterday’s 20 point grind higher to add another ~40 points today. Buying was seen across the board with banks, resources, tech & even the retail names getting in on the act. Franking credit talk helped those with large balances, commodity prices pushed higher... Show More
Some selling crept into the market today from early morning highs, particularly in the stocks that have led the recent advance from the December lows. Afterpay (ASX:APT) for instance rallied hard early before sellers locked in gains – the stock hitting a $16.97 high before closing at $15.25, a big... Show More
Phil King thinks Zip is the best way to buy now, pay later; Telstra faces industrial action as it won't (can't?) give payrises that match inflation; growing concerns over China's "great wall of debt"; and the Royal Commission into aged care operators gets underway. Here's what's happening in markets today.... Show More
It is not unusual for us to invest in companies that go on to significantly underperform the broader sharemarket. In fact, this happens to us 40% of the time. It is the other 60% of the time and what we do on the back of a significant fall in the... Show More
In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including Medibank Private, Brambles, The Star Entertainment Group, MYOB Group, SIMS Metal Management with links through to more detailed reports. Show More
Collections
Expectations are critical in investing, and at no time is their importance higher than during reporting season. Even a strong result can see a stock price tumble if it fails to meet the market’s expectations. Likewise, an outwardly poor result can result in a rally if it exceeds expectations. With... Show More
After years of incredibly easy monetary policy globally we are finally amid a synchronised global economic recovery the likes of which we have not seen in over a decade. Show More