Is the 'safety' of market darlings an illusion?
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At the start of 2016, if someone had said that Woolworths would've outperformed both Blackmores, and APN Outdoor by the end of August, they'd likely have been assigned to the loony bin. But as often happens in financial markets, the seemingly least likely outcome has occurred. The chart below shows the relative share price performance of the stocks mentioned above for the year-to-date. The big moves in Blackmores, and APN post-reporting demonstrates how violently the market can react if expectations are high - even when reporting reasonable results. Charles Leyland from Leyland Asset Management has discussed this issue further, you can read the post and watch the video here: (VIEW LINK)
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Patrick is the Managing Editor (Editorial) at Livewire Markets, returning to the team after a four year hiatus. His focus is on editorial strategy, development, and of course, he still loves to write, host, and present when the opportunity arises.
Patrick was a Market Analyst, Editor, Senior Editor, and Managing Editor at Livewire Markets between 2015 and 2022. He was the Content Director and a member of the Investment Strategy & Research Group at Betashares between 2022 and 2024. He's also a Contributing Writer to Mining.com.au and Director of PLP Finance Media. He is an expert on listed products, commodities, and investment strategy, with a particular interest in gold and uranium.
2 stocks mentioned
Patrick is the Managing Editor (Editorial) at Livewire Markets, returning to the team after a four year hiatus. His focus is on editorial strategy, development, and of course, he still loves to write, host, and present when the opportunity arises....
Expertise
Patrick is the Managing Editor (Editorial) at Livewire Markets, returning to the team after a four year hiatus. His focus is on editorial strategy, development, and of course, he still loves to write, host, and present when the opportunity arises....
Expertise
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