SUMMARY CBA in focus. Looks ok. NIM under pressure and cautious outlook. JHX soars on result beat. Where to from here? CSL home on the range. PLS – still the one but has run hard. Time to take some profits perhaps? RESULTS FOCUS – CBA At first glance, look ok. The business bank was the…
SUMMARY Last updated 10.04am US markets kick higher on earnings. Results here in Focus. JHX looks ok at first glance. Better than OK. The stock up 13%. Not sure I would be chasing it! CBA preview and healthcare sector preview The art of selling. Quick takes with Retailers the focus. Risk On Risk Off. A…
SUMMARY Last update 11.00am – CBA preview below. No positions as results season begins in earnest. US jobs data remains confusing. Diggers and Dealers starts this week. Everyone who is anyone there. Results week 1. CBA in focus this week. STRATEGY Whilst it is refreshingly liberating to not hold any positions in the STRATEGY ETF…
US markets closed out the week in the red. Dow Jones down 150 points while the S&P 500 and the NASDAQ fell 0.53% and 0.36%.
Last update 10.10am RMD Commentary. No guidance given either. Markets not happy Jan. SUMMARY Houston we do have a problem! Fitch may be showing bad timing but it is an inconvenient truth. Why you should avoid CFDS. Fence sitting with no positions. In Marcus’s absence I have started writing the Strategy piece a little earlier.…
SUMMARY Selling GEAR and IHVV What the Fitch move means for the US. Is America the greatest country in the world? Is this a moment.? Maybe but it is Summer silly season too. TOUGH OUT THERE! Few things disrupting the force. I am going to be Mr. Floppy and sell the S&P500 ETF and the…
SUMMARY RBA done? Lowe has one more meeting to go. CCP shows no signs of stress here. ASX still undecided on path. Reporting Season Preview. Volatility can be opportunity. Who wants a T-Shirt? No change to Portfolio. S&P 500 still showing overbought. August can be one of the disappointing months. ASX 200 struggling for sustained…
SUMMARY Apathy on the ASX. Still no stimulus really. Where will the rally come from as we head into reporting season? Is that a bear or a US analyst dressed up? Yesterday looked more like Apathy on the ASX. A day of disappointment after a promising start. A fizzer and possibly significant, given the big…
SUMMARY Friday was overdone. Shake it off. Adding GEAR to the Strategy Portfolio at open. Caution required with China and RBA in focus. FMG is a buy. Quick Takes: Saudi and Qatar expanding investment into miners. Feeling slightly naked after the US rally on Friday. That can be remedied though. The ASX 200 will be…
