Trending Articles
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…
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…
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…
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 –…
It was a very exciting week for the Trading Ideas section when we finished our first 50 stocks. 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 and trade…
Afterpay (ASX: 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…
We have been working away behind they scenes on an exciting new education offering. This is one of the sections that will be in there that "Tells it as it is" about Exchange Traded Funds. All will be revealed in due course but if you would like to be the first to know then email…
A RANT Got caught on the ABC Radio Adelaide this morning. They were talking about the boom in online broking accounts that CommSec are reporting and ASIC is warning about (being conservative is their job). Of course there’s been a boom, everyone’s looking for something to do in isolation plus we are in the middle…
“Australia back in business by July” is the message from the cabinet meeting yesterday. The government clearly don’t want to be seen to be slow getting the economy going again and have developed a few catch phrases like “A sustainable COVID-19 Safe Economy” which means continuing with social distancing and safe hygiene. They expect the…
SPI down 7 but Dow Futures down another 300. A few strategy points to make this morning. TECHNICALLY One bad day…or a new trend – Friday’s 5% drop at first sight risks being the start of a bigger correction (corrections start fast) although all Friday did was negate the previous two days and whilst one…
