3.00 pm Update LRS has kicked to 32c. It is my biggest holding by a country mile and I am going to take some profits at 32c. It has run hard and tomorrow is Friday so we may see some profit-taking. I will sell 1.5% down taking the position down slightly. Not all as I…
SUMMARY On The Call today at Noon. A look at a defensive large cap that everyone loves. Why ignore mining stocks? Missing the best bit. A look at the Ausbiz High Conviction Portfolio performance since March 2022. WBT – Falls 18% then suspended as not enough directors now. LATE 3.30PM Update – Adding a 2%…
SUMMARY More on the Magellan Punt. A podcast recommendation on mining. Death taxes and insurance. The certainties in life. A look at QBE and IAG On the Couch guest this week, taking your questions. Ausbiz The Call tomorrow. A Motley Crew. 3.00 pm Update LLL – I have been looking for an opportunity to build…
Macquarie has their usual Monday EV and Lithium market update this morning. Pretty much a full house of Outperform recommendations. The only stock in its rare earth and lithium universe that has a neutral is Hastings Technology (HAS). Everything else is an outperform. Interesting if they are all an outperform, is that against the ASX 200 or is that against the lithium sector? The stocks they cover ARE the lithium sector. The definition is that the expected return is greater than 10%.
Friday 23rd June 2.30pm Update Another day another nasty fall. Once again, we are suffering far more than other markets. It could be some year-end rebalancing, or maybe we are just ahead of the curve on repricing risk. Banks bearing the brunt of the sell-off. Good to see some of my lithium picks doing very…
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.
The whole industry is geared up to buying stuff. Buy the dip. Buy low. Buy value. Buy growth. Buy yield stocks. Buying is really easy. Anyone can do that. Plenty of advice on how to do it. The harder thing is when do you sell? There are three main reasons to sell. Cut losses and…
Back in 1976, Sir Laurence Olivier was torturing Dustin Hoffman with some dental work in the film, Marathon Man. ‘Is it safe?’ he asked. ‘Yes, it’s safe, it’s very safe, it’s so safe you wouldn’t believe it’ was Hoffman’s response. Is it safe was the question again? ‘No. It’s not safe, it’s… very dangerous, be…
Bottom picking in fashion again First published in the Marcus Today Newsletter Tuesday, 17 May 2022 – CTT was at 50c when recommended like I have long struggled with this one, Cettire (ASX: CTT). It sells designer clothes online; quite like the stripy pants, I must admit. I have long railed against people buying $1000…
