AUS heading for its 12th straight gains
AUS heading for its 12th straight gains? Just look at the divergence between the ASX200 (XJO) vs. Dow Jones (US)... Go Australia! So far, FXL, REA & JBH have reported strong earnings and have met FY15 guidance.. a great start to the AUS reporting season. TAH has announced a special dividend of 30 cents per share and said its underlying net profit rose 21.8% to $90.9 million in the six months ended December 31, 2014, which was ahead of the $87.3 million analysts' expectations What we are also looking at is CEO's outlook statements and whether they upgrade/downgrade FY16 guidance... In the US, reporting season has also been very strong with 91% of tech companies beating analysts expectations... wow. Last night, Pfizer announced a $17bn deal, boosting valuations in the Healthcare sector, while LinkedIn has just announced its result... EPS of $0.61 vs. $0.53... wow Commodities were generally weaker last night, with Crude Oil up 1.90% to $50.76/barrel, Gold down $3.33/oz. to $1,266/oz. and Copper up 0.43%, trading at $2.59/lb. The SPI is pointing to a 30 point gain on open. http:// (VIEW LINK)
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
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