Mathan Somasundaram

Sunset Strip | Aussie market had a solid positive day on the back of US positive lead and BHP demerger news. Yield thematic is still the main game with low growth macro while selling out of banks and TLS are not the risk weighted move now. Regular readers would know that we suggested trimming banks to market weight and adding BHP, RIO, WOW, WES and TLS at the end of June. Market pundits are pushing to sell Banks and TLS to buy BHP today (now trading just below $40...top of the last 2 year trading band)...but the same pundits were calling for selling BHP at $30 with imminent China crash. We continue to suggest investors to have a balanced view and stick to an equally weighted 3 pillar portfolio (i.e. Financials, Resources and Industrials). Trading idea of the day: Carsales.com (CRZ). Friday's High Risk Pick: Bionomics (BNO). (VIEW LINK) (VIEW LINK)


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Mathan Somasundaram

Bunnies still run with only one GI. If GI gets injured, they are history. Hard to look past Roosters and Manly in the big games. Storm and Cowboys are the momentum players. Not saying Souths are not a top 4 team, but for their roster...not showing the class of Roosters or Manly consistently.

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James Marlay

Mathan, time to update the calls on your Sporting Bets. Bunnies looking powerful after defeating Manly and then putting Broncos to the sword last night. Surely they have momentum going into finals?

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