END OF DAY PODCAST – FRIDAY
Henry runs through the market at the End of the Day highlighting anything interesting and relevant
MARCUS TAKE
Predictable Powell. Needle doesn’t move.
EV demand becoming a reality.
Short sellers betting against the US market.
All a bit Ho Hum.
HENRY’S TAKE
Good luck to all the parents out there with Taylor Swift coming. Phil Lowe not happy.
An update on the Battery Packs and a new one created.
PRE-MARKET REPORT – THURSDAY
US equities fell overnight as Fed chair Powell reinforced the banks objective to rein in inflation, pointing to more rate hikes.
Santos – Solid not Exciting
Had a request for Santos and here it is. Couldn't get excited I'm afraid – you'll see why. Brokers seem to like it, and I'm sure a lot of SA investors hold it, but regional loyalty aside, it's a bit of a yawn. Quality, but little in the way of growth or income. Unless there's…
MMS – Frothy income stock
Mcmillan Shakespeare recently popped when Eagers Automotive (APE) revealed a 5.7% stake. Nothing else. No negotiations, notbid, just a substantial shareholders notice. Brokers think there is some logic in the two companies moving forward together commercially, but there's nothing beyond their investment so far. The other interest in MMS and other novated leasing companies at…
Don’t Worry About Beating the Market
Individual investors can march to the beat of their own drum, giving them a significant advantage over professionals. It is a simple question and goes to the heart of any investor’s journey. My answer is, do you want to beat the market? The benchmark indices were set up so you can measure your performance against…
END OF DAY REPORT
Winners: CTT, MFG, RF1, GRR, 360, LLL, CCP
Losers: LKE, RED, NVX, MYR, PMV, AX1, ALX
Positive sectors: Banks. REITs. Oil&gas. Iron ore. Consumer.
END OF DAY REPORT
The ASX 200 started the week on a positive note, rising for its sixth consecutive session and reaching its highest levels in six weeks.
S32 – INCOME STOCK – BUY
S32 is one of the most requested STOCK TAKES this week. Here it is. It hasn’t been performing well, in line with the Aluminium price, its major commodity correlation. Unlikely to dazzle you with growth, but a solid stock to leave in an income portfolio and not a bad time to buy it. Recent guidance…