PME reported yesterday OK results but the market smashed it, finishing the session down 13%. It along with DTL are two of the more risky stocks we hold in the Growth Portfolio. Great potential, both stocks were up almost 50% since the end October “dovish pivot” until results. With more upside potential comes more volatility…
Back on track.DTL added.
Results the focus. IAG and QBE this morning.
A look at TLS and TWE
GQG numbers good Buy.
ASX 200 finished up 53 points to 7658 (0.7%) off early highs but still a very solid day. Up 10 points for the week. Most cylinders firing today, Banks firm as usual with the Big Bank Basket up to $202.34 (1.4%). CBA bounced 1.9% the best of the four. MQG rose 0.3% after big run yesterday, insurers…
Buy the Dip?
Results yesterday were a little negative. Banks will bounce a little today.
TLS lifts dividend.
A look at SVW, JHX and DOW.
ASX 200 made up yesterday’s losses closing up 58 points to 7601 (+0.8%). First ‘Super Thursday’ of results. BHP lost 1.7% on a huge write-down on nickel assets (more like liabilities) and Samarco issues. RIO dropped 0.7% with FMG 1.4% to the good. S32 results were greeted by a thud, down 4.6% and lithium stocks…
Wall Street finished higher overnight, driven by notable rallies in ride-hailing giants Lyft and Uber, while Nvidia's rise displaced Alphabet as the third most valuable US stock. The S&P 500 closed up 0.96% boosted by gains in Meta +2.9% and Tesla 2.5%. NASDAQ climbed 1.30% and the Dow gained 152 points. Meanwhile, the 10Y Treasury…
CBA POST RESULTS (HELD IN GROWTH AND INCOME PORTFOLIOS) Lots of commentary on the CBA after yesterday’s result. The number was pretty much in line with expectations, described as “solid and clean” by Macquarie but margins were down 6bp with “further margin headwinds”. The bias is towards downgrades rather than upgrades and the result this…
As always a delight to have Adam on with some very interesting stock picks.
Some high conviction sectors and specifics.
Sit back and enjoy.
ASX 200 closed up 58 points to 7601 (0.8%). First ‘Super Thursday’ of results.
BHP lost 1.7% on a huge write-down on nickel assets
