Bank Sector Ressurection

The Banks have over-provided for an Armageddon economic outcome that was based on over-cautious medical advice – The Australian bank sector has risen 14.13% in three days as it wakes up to the realisation that the economic recovery is coming faster than expected meaning GDP forecasts are too low (brokers are upgrading GDP forecasts), bank sector earnings…

The Importance of a Trading Plan

The topic of Trading Plans is not a small one. There is a lot to consider. This article will be about the broad reasons why developing a plan is so important, and an outline of the major things to consider when developing a plan. Subsequent articles will go into far more depth about exactly what…

A simple life

As the weeks roll by we have become used to a very different way of life.  We take long walks instead of long drives or long sails.  We have enjoyed some great walks along the beach and have become very familiar with every rock and grain of sand.  Even the birds seem to recognize us…

Into the Relapse Zone

AN INTERESTING THOUGHT Into the Relapse Zone – We are coming into the “Relapse Zone”, the period after restrictions are lifted – in particular, the market is interested in the experience in the US and UK. The world is watching to see if they have lifted lockdowns too quickly (as looks likely). You can track…

The lucky country

A WIN FOR AUSTRALIA You may have read that the AOFM (Australian Office of Financial Management) just pulled off the biggest bond issue in Australian corporate history. They just sold $19bn of November 2024 Government Bonds. The initial issue size was $13bn and they saw $53.5bn worth of bids at a coupon of 1.02%. There…

Are we back in a bubble?

The ASX 200 recovered a 101 point fall to close up 19 yesterday. An Australian win on a Government bond issue (see below) helped the turnaround. But we will be tested today. That's two days of the US market falling 2% a day. Corrections start fast. Momentum fading. This is the ASX 200 chart –…

50 Trades of (mostly) Green

It has been a very exciting week for the Trading Ideas section, on a couple of fronts. First and foremost, we closed four winning positions in Elders (ASX: ELD), Nextdc (ASX: NXT), Accent Group (ASX: AX1) and Appen (ASX: APX) – the latter being a juicy winner with a gain of almost 12%. It was rewarding to see the work…

ASX: BUY HOLD SELL – APT

After APT traded as low as 801c in March and now trades back towards 4000c, the question on everyone’s lips is, ‘is it too late for me to buy APT?’ Tied up in the answer is how macro headwinds and COVID-19 will influence the BNPL sector. Commentary surrounding the BNPL sector and the influence of…