Sam Green is the Portfolio Manager at Emerald Financial, whilst also being an Equities and Derivatives expert for his clients at TradersCircle.
The XJO is expected to open higher this morning despite a pullback in the U.S last night. Our market is being remarkably resilient. The past couple of sessions have seen our index retake intraday lows to finish flat or slightly in the red. This morning, we are set to bounce higher, with an expected open
Read More
The XJO is expected to jump strongly higher this morning following a strong positive session from US markets on Friday. Though US shares closed a fair bit off from their highs on Friday, their futures have pushed strongly higher this morning. Given all of this, our market is expected to open around the 8,000 point
Read More
The XJO is expected to tumble on open this morning following a strong pullback in the U.S overnight. Their market broke both the uptrend line and key support to move back under their previous all-time high resistance. Our market is expected to do the same on open. U.S futures have moved a decent measure into
Read More
The XJO is expected to jump around 40 points on open this morning, back to the rough resistance level at 7,780, though this level could be possibly be drawn anywhere from 7,770 – 7,800. The gains come after most US sectors closed in the green overnight, with only US technology stocks seeing notable selling. Iron
Read More
The XJO is expected to open around 15 points lower this morning, at roughly 7,780 index points. This comes after US markets saw slight selling on Friday, though movements were small. The Australian market continues to be pulled higher by strong US markets, with the fresh all-time highs in the US helping to spur buying
Read More
The XJO is expected to open modestly higher this morning, with futures pointing to an open around the potential resistance at 7,775. That 7,775 level has been a sticking point for the past week, so if we push through that level is could indicate further upwards movement. There might be an additional level of resistance
Read More
The XJO is expected to open moderately lower this morning, with futures pointing to an open around 7,750. Yesterday our market again held resistance around 7,775 – 7,800, which would have to break for further gains to look likely. To the downside, 7,700 is the key support to watch. Our market seems to be in
Read More
The XJO is expected to open flat this morning following a slightly higher finish for the U.S overnight. Their futures are also flat. Yesterday we opened testing key resistance at 7,750 but managed to break through and hold our highs into the close. 7,775 – 7,800 seems to be another level of resistance which we
Read More
The XJO is expected to edge lower on open this morning following another indecisive night of trading in the US which saw their market finish slightly in the red. Over the past month or so, our market has also been making slightly lower peaks, and slightly higher troughs as we slowly form a broad pennant.
Read More
The XJO is expected to open lower this morning following a big selloff in the U.S overnight. Their futures are flat. We should wipe off yesterday’s relief rally and continue the decent we started on Wednesday. 7,750 support will be tested on open this morning, and will likely fail. 7,700 is the next key level
Read More
The XJO is expected to open flat this morning following an uneventful night of trading in the U.S. Their futures are flat this morning. With little to go off last night, our market is likely in no mood to make any real decisions today. Key Asian markets are in the red this morning, so with
Read More
Our XJO is expected to rise around 20 points this morning to roughly 7,515 index points. This is despite a fourth night of selling in US markets, which has occurred with bond yields bouncing back up, and with investors reducing bets on the pace and number of rate cuts expected this year. The XJO futures
Read More
Futures are pointing to a fall of around 1 percent this morning (77 points) to roughly 7,550 index points. This comes after reasonable selling in US markets overnight, though most of the selling was confined to the technology stocks after a rebound in bond yields. Markets have jumped strongly higher recently on the back of
Read More
Our XJO is expected to open around 22 points lower this morning, at roughly 7,560 index points. This follows moderate falls from the US on Friday. Overall optimism remains around the potential for interest rate cuts this year. However, potential negative factors are also starting to build-up. These include recent natural disasters, including a massive
Read More
The XJO is expected to edge lower on open this morning following a flat night of trading in the US. Their futures are also flat. Our expected pullback this morning is likely chalked up to a handful of factors. Firstly, like the US, we are holding the key resistance that represents our all-time highs (which
Read More
Our XJO is expected to open around 30 points higher this morning, just below the key 7,600 level. This level is a fraction off the all-time high for our market, and it looks like we could record a new high in the coming days. As economic data, traders, and market volumes return in the new
Read More
The XJO is expected to open modestly higher this morning, with US markets trading higher again on light volumes overnight. Our market has drifted lower for the past two sessions, though movements have been small. With US markets drifting higher in that time, it is possible we see a little buying today. There isn’t much
Read More
The XJO is expected to rise this morning following continued strength in US markets on Friday. Our futures are pointing to a rise of around 20 points, to roughly 7,070 index points. Our XJO traded a bit nervously towards the end of last week as if we were almost expecting a US pullback, but should
Read More
Australian shares are expected to open higher this morning, following buying in US markets overnight. Overall, US economic data was seen as somewhat disinflationary overnight, which is what the stock market wants to see. The Australian market does remain in a downtrend however, which may cap any movement to the upside. Expect to see strength
Read More
The XJO is expected to open flat this morning. This follows another indecisive night of trading in the U.S on Friday which saw them give up most of their intraday gains to finish marginally higher. Furthermore, their futures sit flat this morning. It’s a lazy Monday open. We finished last week managing to hold support
Read More
The XJO is expected to open flat this morning following a marginal pullback in the U.S overnight which saw their market retake most of the early session losses into the close. Their futures sit flat. Yesterday was stronger selling that expected, on the back of what feels like little news. We broke below key support
Read More
The XJO is expected to edge higher on open following a small rally in the U.S overnight and their positive futures this morning. Yesterday we held our gains, and our open this morning indicates we should move back towards 7,200 and test it. It seems unlikely at this stage that we will push through today,
Read More
The XJO is expected to edge higher on open this morning following another tumultuous session in the U.S on Friday which saw their market pull back from their intraday highs to finish slightly in the red. Their futures are mildly green. We finished last week particularly gloomy. Both Thursday and Friday were big days of
Read More
The XJO is expected to open lower this morning following a tumultuous night of selling in the U.S which saw them rebound from resistance lower, but retake almost half their intraday losses by close. Their futures have edged into the green this morning, which at least means at this stage that their selling isn’t being
Read MoreThe XJO is expected to move lower on open this morning following both a meek move lower in the U.S last night and their soft futures this morning. Our market likely sees the U.S unwilling to break their key resistance and make new highs as good enough reason to extend yesterday’s profit taking. In doing
Read More
The XJO is expected to edge lower on open this morning with little to no leads from the U.S due to their public holiday and flat futures. Yesterday the RBA decided to hold rates. Essentially, they want to wait and see. They recognise that discretionary consumption is falling, but unemployment remains at 50-year lows. The
Read More
The XJO is expected to open flat this morning following a small gain in the U.S. overnight which showed their willingness to hold resistance going into their holiday. Their futures however have edged into the red, which may cause our market to follow suit in our morning session. Yesterday our market rallied stronger than expected
Read More
The XJO is expected to edge higher on open this morning following both a strong move higher in the U.S on Friday and their flat to positive futures this morning. This U.S had strong gains on Friday, but our market is only meekly translating this to roughly a thirty point gain this morning. This tests
Read More
The XJO is expected to open flat this morning despite a small rally in the U.S overnight and their flat futures this morning. It seems our market is reluctant to make any further gains at this stage, even with the U.S edging higher and holding strength. Indeed, yesterday we gave up all our intraday gains
Read More
The XJO is expected to edge lower on open this morning following a similar move from the U.S last night. Their futures have moved into the green, which should help our market hold the strong gains from yesterday. CPI came in much lower than expected yesterday, and there was a collective sigh of relief from
Read More
The XJO is expected to edge higher on open following a decent recovery from the U.S last night and their flat futures this morning. Yesterday we managed to hold gains as we rebounded from the bottom of the range at roughly 7,100. For a moment there it looked like we were going to break lower,
Read More
The XJO is expected to edge higher on open this morning despite a small pullback in the U.S last night. Our market has certainly overshot to the downside in comparison to moves in the U.S lately, and also didn’t get to experience the broader rally they enjoyed over the past few months. This highlights the
Read More
The XJO is expected to open flat this morning following another pullback in the U.S on Friday and their positive futures this morning. We finished last week with our market wiping out over a week’s worth of gains in two big days of selling. This is likely why the small pullback in the U.S (coupled
Read More
The XJO is expected to open flat this morning despite a small recovery in the U.S last night and their meekly positive futures this morning. Yesterday we had a stronger sell off than both what our futures yesterday morning were indicating, and what one would typically expect from a slow previous night in the U.S.
Read MoreThe XJO is expected to open flat this morning despite another small pullback in the U.S last night and their flat futures this morning. Our market is likely not to do much today unless we see strong movement in overseas markets and/or U.S futures during our session. Yesterday we had a mild pullback to sit
Read MoreThe XJO is expected to edge lower on open this morning following a small pullback in the U.S last night. Their futures have also edged into the red. Our open this morning indicates that our market is likely to have a breather today – which should come as no surprise considering the seven days of
Read MoreThe XJO is expected to open flat this morning. The U.S was closed last night, however their futures closed in the red which our market is surprisingly not pricing in at this stage. If their futures remain flat to red during our session today, we will likely follow suit. Indeed, yesterday’s rally was also surprising
Read More
The XJO is expected to open flat following a small pullback in the U.S on Friday and their flat futures this morning. The XJO’s strong rally on Friday gives us some confidence that our market can play some catch up with the U.S which has significantly outpaced us over roughly the past month. Our move
Read More
Our XJO is expected to open around 25 points higher this morning to roughly 7,200 index points. Our market is continuing higher after the recent extreme strength in US markets, though local investors remain fairly negative given our current economic predicament. Should US markets cease rallying, its likely that our attention will return to our
Read More
Our XJO is expected to record another moderately positive open this morning, with a gain of around 20 points expected on open, to roughly 7,180 index points. Our market has been reluctantly dragged higher for the past couple of sessions, with overseas markets remaining strong, helping to drown out some of the local negativity. For
Read More
The XJO will play a bit of catch-up today after grinding lower for much of the past week, while overseas markets and particularly the US, have rocketed higher. To be fair, US CPI is falling, while our CPI remains elevated and our other economic measurables are fairly poor. Still, with commodities bouncing and continued strength
Read More
Despite strength in US markets (with the S&P500 index breaking strongly above the key 4,300 resistance level), our market is expected to record a fairly lacklustre open today, with a slight gain of maybe five points on Friday’s close expected. Our market remains in a negative slant after a series of RBA rate rises, and
Read More
Our XJO is expected to open moderately higher this morning, following buying in US markets overnight, as well as with a push up in key commodities such as iron ore, copper, and gold. Our market has been grinding lower for most of this week following the RBA rate rise on Tuesday, as well as the
Read More
The XJO is expected to edge lower on open this morning following a small pullback in the U.S last night and their flat futures this morning. Yesterday, we could not keep any positivity in our market as we gave up all our intraday gains to finish slightly lower. This was despite GDP numbers coming in
Read More
The XJO is expected to edge higher on open this morning following both a small rebound in the U.S last night, and their marginally higher futures this morning. The XJO was rattled yesterday by another 25-basis point rate increase from the RBA. It shouldn’t have come too much as a surprise considering the strong inflationary
Read More
Australian Markets The XJO is expected to edge lower on open this morning following both a small pullback in the U.S. last night and their marginally lower futures this morning. Their pullback looks like a small breather at this stage, though it could be forming an evening star reversal pattern. If this plays out and
Read More
Australian Markets The XJO is expected to edge lower this morning following a similar night in the U.S. Coupled with their green futures, we are getting early indications that the bleeding has been stemmed for now – providing a much-needed breath of relief from the past few sessions of pain. Yesterday we tried our best
Read More
Australian Markets The XJO is expected to rally on open this morning following a strong recovery in the U.S last night. Their futures have also edged into the green which at least indicates that their strong buying isn’t being immediately met with profit taking. However, they stalled at key resistance last night, so we need
Read More
Australian Markets The XJO is expected to edge lower on open this morning. The SP500 last night tried to break through their recent highs. Had they held their ground, they would be close to highs they hadn’t see since August last year. However, they sold off intraday to finish fairly flat. Coupled with their flat
Read MoreAustralian Markets The XJO is expected to edge lower on open this morning. The S&P500 last night tried to break through their recent highs. Had they held their ground, they would be close to highs they hadn’t see since August last year. However, they sold off intraday to finish fairly flat. Coupled with their flat
Read More
Australian Markets The XJO is expected to edge lower on open this morning. U.S futures closed mildly in the green and they are flat this morning. Yesterday our market had a strong rally, but faltered. We tried to move back into the consolidation range and trade back near 7,250, however after the morning session we
Read MoreThe XJO is expected to open flat this morning despite a push higher in the U.S overnight. Most sectors were flat to negative, but tech jumped 4.45% pushing their indexes higher. Our market in comparison is light on tech and with their other sectors flat to negative we aren’t set to price in similar gains
Read More
The XJO is expected to continue falling today following another night of selling in the U.S. Their futures have stabilised however, which at least indicates that the selling isn’t being immediately met with more. As per usual, the U.S looks like it will run the clock in the debt ceiling issue. Commentators are confident it
Read MoreThe XJO is expected to open lower this morning following a pullback in the U.S overnight which saw them pull back into their consolidation range. Coupled with their green futures this morning, our market should hold our own consolidation range and halt just above 7,200. There isn’t much to say except that markets continue to
Read MoreThe XJO is expected to open flat this morning following an indecisive night of trading in the U.S which saw their market finish flat. Their futures are also flat this morning. Markets continue to track sideward. Yesterday we pulled back from the top of the recent consolidation range which comes in around 7,300 to once
Read More
The XJO is expected to edge lower on open this morning following a pullback in the U.S on Friday. With the U.S not committing to a break of their recent highs, our market seems likely to continue hanging around the consolidation range we tried, but failed, to break out of last week. 7,150 to 7,200
Read More
The XJO is expected to open higher again this morning following another rally in the U.S overnight. US markets are rallying on the hope of a debt ceiling deal, and they have closed right on the key 4,200 level on the SP500. Our market is translating this to an open just above 7,250, which is
Read More
The XJO is expected to open higher this morning following a strong rally in the U.S overnight. They managed to break their tight consolidation range, but are trading near resistance and their futures have edged into the red. Our market is translating this to an open near 7,250 which will wipe out all of yesterday’s
Read More
The XJO is expected to open lower this morning following a pullback in the U.S last night. The past four sessions in the U.S before last night, their intraday selling had been met by buying to finish relatively flat. Last night however, the losses stuck and out market will translate this to an open near
Read More
The XJO is expected to open flat once again this morning. The U.S is tracking sideward with the last four sessions looking very similar – intraday losses have been bought up by the bulls to finish flat. This has given our market very little indication as to which move may be next. Yesterday marked the
Read MoreThe XJO is expected to open flat this morning following another tumultuous night of trading in the U.S on Friday which saw their market finish slightly lower by close. Their futures have moved into the red however, and if they remain so during our session today, it will be hard for our market to remain
Read More
The XJO is expected to open flat once again this morning following another night of indecisive trading from the U.S last night that saw their market finish slightly lower. Their futures have edged into the green this morning. Our market has followed suit, albeit without the intraday volatility. Very little movement has happened this week,
Read More
The XJO is expected to open flat following a tumultuous night of trading in the U.S which saw their market finish in the green. We have found in recent history that key CPI and Monetary Policy meetings have taken a few sessions to digest. Our market likely feels unsure how to interpret the move last
Read MoreThe XJO is expected to edge lower on open this morning following a similar move from the U.S last night and their flat futures this morning. Markets are simply quiet heading into the CPI reading tonight in the U.S. Locally, we had the federal budget released last night. We don’t see this affecting our market
Read MoreThe XJO is expected to edge lower on open this morning following mixed and subdued trading from the U.S overnight which saw their market finish flat. Markets are likely quiet as we head into a key CPI reading from the U.S on Wednesday night. CPI and monetary policy remain as the largest mover of markets,
Read More
The XJO is expected to jump strongly on open this morning after a huge jump in US shares on Friday, our XJO futures are pointing to a rise of around 70 points, to roughly 7,290 index points. Technically, there is some resistance around 7,290-7,300, which would have to break for further gains to look likely.
Read More
The XJO is expected to open lower again this morning following another night of selling in the U.S which saw their market return to recent lows but hold support. Their futures are flat at this stage. Yesterday our market showed resilience in the face of recent selling by clawing back most intraday losses to finish
Read More
The XJO is expected to open lower this morning following another strong pullback in the U.S overnight. They fell back to the lows from their previous session, and our market’s open should be roughly the same. Their futures however have moved strongly into the red as they continue to digest Powell’s comments which continued to
Read More
The XJO is expected to open lower this morning following a strong pullback from the U.S last night. Their futures are flat this morning, which at least shows that their strong sell down last night isn’t being immediately met with further selling. Our market yesterday was not expecting the RBA to raise rates. Lowe has
Read More
The XJO is expected to edge lower on open this morning following a late sell off in the U.S last night that saw them shed all their intraday gains to finish slightly in the red. Their futures have also edged into the red. Our market yesterday pulled back from resistance, almost as if anticipating that
Read More
The XJO is expected to open higher this morning following a strong rally in the U.S on Friday. Their futures have edged into the red however, and the SP500 stalled at key resistance. This will likely translate to our market holding our own consolidation range and key resistance at about 7,350 to 7,375. Our market
Read More
The XJO is expected to open higher this morning following a strong rally in the U.S overnight. Their GDP was worse than expected, likely giving their market hope that rate rises will soon end. Our expected rally this morning will be relatively muted compared to what we saw from the U.S. This is largely because
Read MoreThe XJO is expected to open lower this morning following another strong night of selling in the U.S. Their futures have edged into the green, which may be part of the reason as to why our market isn’t selling off as heavily as you would typically expect following such a strong sell down in the
Read More
The XJO is expected to open lower this morning following a strong pullback in the U.S overnight. Their futures have moved into the green, however, and if they remain so during our session today, will help stem the bleeding. Furthermore, our market will not fall from as higher base, meaning we likely have less of
Read More
The XJO is expected to open flat this morning following another flat US session. Our futures are pointing to an open around 7,330. Expect to see selling in the major miners after a large drop in iron ore prices. Iron ore has been falling strongly for some time, and there looks to be room to
Read More
The XJO is expected to open lower this morning following both a pull back in the U.S overnight and their negative futures this morning. The U.S market managed to retake some of their intraday lows to finish roughly where they opened, but with their market beginning to show cracks, we will retreat and revaluate today.
Read More
The XJO is expected to edge lower on open following a flat session in the U.S overnight and their negative futures this morning. Markets continue to consolidate at the top of the trading range. We have likely broken the ascending triangle with sideward movement as we grind along key resistance/support near 7,350. The XVI and
Read MoreThe XJO is expected to open flat this morning following both a similar move from the U.S last night and their flat futures this morning. As the U.S trades in the point of their ascending triangle, our market seems unwilling to break our own in any convincing manner. A couple of days ago we tried
Read More
The XJO is expected to edge lower on open this morning despite a small rally in the U.S overnight. Our meek opening may be chalked up to our rally yesterday predicting last night’s gains (and thus preemptively pricing it in) and flat to negative U.S futures this morning. Furthermore, we are consolidating near the top
Read MoreThe XJO is expected to edge higher on open this morning despite a small pullback in the U.S on Friday. Our positive open may be due to positive U.S futures coupled with the fact the U.S had a strong bounce from their intraday lows to finished only marginally lower. The U.S also held the uptrend
Read MoreThe XJO is expected to open higher this morning following a strong rebound from the U.S overnight. Their futures have edged into the red however, and this indecisiveness is likely to keep our market suppressed today. Yesterday we held the short-term uptrend line that has been in play since rallying from our lows. We also
Read More
The XJO is expected to open lower this morning following a pullback in the U.S overnight. U.S futures have also edged into the red. Yesterday we clearly bounced off key resistance at 7,350, giving up about half of our intraday gains by close. If losses are sustained today and we close lower, it will be
Read MoreThe XJO is expected to edge higher on open this morning despite another night of indecisive trading in the U.S which saw their market give up all their intraday gains to finish flat. Their futures are also flat. We should test key resistance at 7,350 today, but to push through we will need U.S futures
Read MoreThe XJO is expected to open flat this morning following a mixed night of trading in the U.S which saw their market finish flat after regaining most of their intraday losses. Their futures are also flat also. It seems markets are looking to take a break and enjoy their Easter too. The past few days
Read More
The XJO is expected to open flat this morning following a small pullback from the U.S overnight. Yesterday, we had only a meek rise compared to the U.S on Friday, and U.S futures have edged into the green, likely giving our market reason to stay relatively flat despite last night’s selling. 7,200 is now the
Read More
The XJO is expected to open flat to higher this morning despite a continued rally in the U.S overnight. Their futures have edged into the red, which may be the reason behind our muted opening. Our market could also simply be cautious that the rally may soon meet some healthy profit taking. Yesterday we managed
Read MoreThe XJO is expected to open higher this morning following a strong rally in the U.S on Friday. With pricing data easing in the U.S and in Europe, hope was reinstated that we are closer to peak rate hikes. We should open near 7,200 this morning which is where a tentative downtrend line comes in,
Read MoreThe XJO is expected to open higher this morning following another strong move higher from the U.S overnight. Their futures however, have edged into the red, which may dampen any expected gains today. Our open this morning should open near some interim resistance at 7,150. The next key level however is likely closer to 7,200
Read More
Before this decade is out, more than half of new vehicle sales will either be hybrid or fully electric vehicles (EVs). By 2035, more than half will be entirely electric. If you’ve seen what the oil market has done across the past 100 years, you are likely aware that this shift it going to be
Read More
Forensic data company Nuix debuted on the ASX on the 4th of December, with an IPO price of $5.31. Macquarie, the largest shareholder, used the IPO as an opportunity to sell-down its 66 percent stake to 30 percent; a windfall for Macquarie of over $600 million. Nuix jumped out of the gate, with the share price
Read More
In their quarterly trading update today, Afterpay (ASX: APT) touted their successes in North America. They had achieved 211 percent underlying sales growth in the US for the quarter, with the US now the largest contributor to underlying sales. North America now accounts for 9.2 million of Afterpay’s 14.6 million global active customers and the
Read More
Several large Chinese operations have listed on the ASX across the past five years, usually with impressive financials and promises of strong, consistent, future growth. These companies have always been attractively priced and always seemed to report extremely well. What was the problem? Well, put simply, some of these companies may not exist at all,
Read More
Recently Iluka Resources spun-off their Deterra Royalties business. Deterra earns a royalty on iron ore mining in Mining Area C, located in the Pilbara of Western Australia, as well as some other royalties. To the surprise of few, Iluka Resources and Deterra Royalties now have a combined value far higher than when the two businesses
Read More
Back in January I wrote that rising longer-term bond yields could eventually become a threat to share prices. This prediction was accurate but also inevitable, with expectations of an economic recovery, it was likely that bond yields would rise, and with rising yields, the stocks trading at the highest levels would be threatened. So, is
Read More
Copper demand is expected to skyrocket in the coming years, with supply scrambling to catch up. “Beyond 2020, we forecast that consumption will outstrip production over the period to 2024, resulting in a growing refined market deficit and increasing copper prices.” According to S&P Global Market Intelligence commodity analyst Thomas Rutland. Global copper production will
Read More
For years so called value stocks have under-performed high flying growth stocks. Part of this is historical, the best performing stocks since the GFC have been high-growth, high-cost tech stocks; this has instilled a preference for these shares in the minds of investors. However, many high-growth stocks are trading at valuations that are at illogical
Read More
Traditionally, the world of investing can be broken down into value and growth stocks. Growth stocks tend to enjoy strong growth in at least revenues, but sometimes profits and other metrics as well. Value stocks are considered as such, because they tend to be cheaper; that doesn’t necessarily mean that each share is trading at
Read More
For many years we have heard that global giants were poised to decimate the Australian retail landscape, that Amazon’s introduction to the country would spell doom for those Australian businesses still foolish enough to sell consumer goods. And yet today, after the greatest underlying hit to the Australian economy of the past decade, many Australian
Read More
Predicting a crash can be very difficult. Many of the professional investors who called the last major crashes also predicted other crashes that never eventuated. What we do know for sure, is that there are times when share prices are cheap, and times when they are expensive. US Share prices have never been more expensive
Read More
The year just past was a crazy one. We saw the biggest viral pandemic of the past 100 years and we saw one of the fastest sell-downs in equity market history. Despite this, in the second half of 2020, we saw possibly the greatest equity rally in history. Globally stocks are at all-time highs and
Read More
Earlier this month the Australian Office of Financial Management, who manages the government’s debt issues, offered $1.5 billion of March treasury notes. The offering was heavily oversubscribed and the average bid accepted implied a yield on the notes of 0.01%, a pretty low yield under any circumstances. However, one of the bids accepted was for
Read More
Much has been made of the sell-off in gold across the past month, with analysts pointing to more certain economic conditions. They suggest that gold has fallen due to several promising COVID-19 vaccines and a resolution to the US election. However, gold has shown greater correlation to policy settings rather than economic uncertainty and the
Read More
The advisers at Emerald Financial Group have hand picked 10 gold stocks they believe present both growth and value opportunities. Find out more and download the fact sheet for this new portfolio by clicking here. The first question many people when it comes to this kind of Portfolio is – why not just invest in
Read More
There is little to write about gold that has not already been said. It is extremely rare, extremely valuable, and unlike national currencies, you do not have central banks constantly trying to devalue it. Gold is also starting to be consumed in large quantities for the first time, through its use in electronics. Gold is
Read More
Its currently that strange reporting period where we see several of the major banks and few other companies report. This gives investors time to look through the banking reporting to learn about the strength of the Australian financial system. This season is particularly important, as it covers the coronavirus period, where we saw spikes in
Read More
We take a look at the Federal Budget and the massive new spending measures Last Tuesday night, Josh Frydenberg announced the Australian Federal Budget for 2020-21. Spending is expected to increase by a massive $128 billion or 23 percent, with around $111bn of this new spending commitments. Despite this, receipts are expected to drop by
Read More
The past couple of months have seen the market reawaken to some of our battery related stocks. Major lithium miners who had stagnated for periods are again starting to see some price action, and small stocks with very uncertain futures are being pumped heavily in online forums. It seems that the whole space of companies
Read More
In the 17th Century Netherlands there was a market mania for tulip bulbs. Some rare and unique tulip bulbs were said to have traded for the value of a house or plot of land. And while scholars dispute the extent of the market mania, it is clear that for a period, tulips were trading at an
Read More
Paypal has today announced the launch of the ‘Pay in 4’ product, a short-term interest free buy-now-pay-later service for merchants in the US. Initially it will cover purchases of between $30 and $600 USD, with re-payments made over a six week period. Paypal is planning to launch their product early in Q4 2020. With more
Read More
The Australian company reporting season for August is coming to a close and it has been one of the most important for years. We are getting the first real look at the impact of COVID-19 on company profitability and for some companies, the impact has been significant. For others however, the impact was non-existent or
Read More
With gold prices trading at all-time highs, many gold stocks have been pushing higher. In fact, many of them have been rising so hard, and for so long, that they are exceedingly expensive relative to their earnings. However, there exists an Australian base, producing gold miner that is still trading at a reasonable valuation, and
Read More
If you have been listening to some analysts, Australian specialty retail is dead in the water; Customers are apparently all shopping online with large overseas mega-retailers. However, some specialty retailers are apparently bucking the supposed trend. Enter Adairs (ASX: ADH), who with yesterday’s earnings report, reminded Australian investors that there are still gems to be
Read More
Its not too late to buy precious metals With gold hitting all-time highs across the past week, many investors are asking: ‘have I missed the move?’ While it might seem like buying in now is buying in at the absolute peak, there are many reasons to believe that gold will keep rising. Indeed, the positive
Read More
The Consumer Price Index (CPI) fell 1.9% in the June 2020 quarter according to the Australian Bureau of Statistics (ABS), with an annual deflation rate of 0.3%. Since 1949, this was only the third time annual inflation has been negative. The previous times were in 1962 and 1997-98. The June quarter fall was mainly the
Read More
It can’t be this easy, can it? There is a large community of traders who focus purely on trading precious metals, with the weapons of choice being gold and silver. These precious metals are named as such because they are rare, beautiful, and have been desired by humans for the entirety of recorded history. In
Read More
“The place to be”? Not for many ASX listed stocks who are copping a hit from a second wave of COVID-19 infections across Victoria. US shares have returned to their highest levels since the COVID-19 selling began, but our shares are still a way off that level, with recent underperformance corresponding to the spike in
Read More
With a US company earnings season for the second quarter kicking off this week, US shares are in a difficult position. Earnings are expected to decline by around 44 percent for the quarter, which would lead to the largest year-over-year decline in the S&P 500 earnings since Q4 2008. This is somewhat understandable given the
Read More
“The Directors of Bougainville Copper Limited report that there has been no production since 15 May 1989” It is not the kind of statement that you expect from a company worth $100m and it’s not the kind of statement you expect to send that value eight percent higher. And yet on its release
Read More
Recent economic and stock market disruption brought about by COVID-19 has led many listed companies to tap their shareholders for additional funds. This process usually occurs in the form of an institutional placement, followed by a retail share purchase plan. The institutional placement usually occurs over the course of one or two days, allowing financial
Read More
CSR Limited CSR Limited (ASX: CSR) this morning has reported a 10 percent drop in statutory NPAT from continuing operations and a 5 percent drop in revenue. CSR stated that this reflected a slow-down in residential construction. Statutory NPAT was up strongly, which reflected a loss from discontinued operations in the previous period. The business
Read More
Major central banks around the world have thrown the kitchen sink at markets during coronavirus related selling. Never before have we seen such extraordinary measures, with policy makers signalling that they will do what ever it takes to stop bond and equity prices from selling down. Seemingly the most important of monetary policy tools at
Read More
Where to look for dividends in the current market downturn With our stock market losing plenty of value, the historical dividends are suggesting that many stocks are trading at a very attractive dividend yield. However, this may be a value trap on many stocks, who are unlikely to maintain the same dividends that they paid
Read More
I don’t want to downplay the seriousness of the coronavirus know as COVID-19, nor suggest that the economic impact won’t be severe. However, there is plenty of negative and sensational media you can consume around the virus and instead, I choose to write about some of the positives. They say that conflict breeds innovation, that
Read More
With news that the COVID-19 virus has shut down more than 20,000 events worldwide, locked many people indoors, and caused a sell down in most commodity markets – it’s a near certainty that we will see recessionary economic growth levels for Q1 and Q2 2020. This is causing share prices to fall at a rate
Read More
Global corporations have enjoyed a strong decade of gains and earnings increases, in large part due to a huge accumulation of debt. In 2010, the debt of large US corporations sat at just over $6 trillion USD; now that number has risen above $10 trillion USD and when you add in the debt of small,
Read More
Last week the US stock markets enjoyed their strongest week since June 2019. That such a move could occur at the top of the range, at an all-time high, is quite remarkable. However, that such a move happened while a viral epidemic is having a demonstrable and negative effect on global economic activity is almost
Read More
Today the Chinese Government announced that the number of Wuhan coronavirus infections had passed 20,000 people. So far, the virus has killed 425 of these individuals, with this number now greater than the number of fatalities from the SARS virus in China. Despite this, markets are rallying higher today, following a rebound in US markets
Read More
The effects of the current bushfire season have been terrible and widely felt. It comes as no surprise that some ASX listed companies have been hurt by this season’s particularly bad fires. Fashion retailer Mosaic brands (MOZ.ASX) released a trading update which stated that “sales through the second half of November and throughout December, a
Read More
Each year ASX listed companies will host an annual general meeting (or AGM) to keep shareholders informed of corporate activities and to allow shareholders to vote on certain aspects of the company. It is also an opportunity for investors to ask questions of the board and management team, and for the board and management to
Read More
Small miners, like most small-cap stocks, trade based on the announcement of milestones; Discovery of promising exploration sites, proving of reserves, and completing feasibility studies. However, usually the biggest jump in a small miner’s share price is when they announce the start of resource production. This is a milestone that many small miners don’t reach,
Read More
The XJO has been toying with potential resistance at the 6,750 – 6,775 level, after breaking the level on Friday. If the XJO can break this resistance convincingly, we should eventually see the XJO continue higher towards the all-time high level at 6,875, which should be the next resistance. If we fall through 6,750, the
Read More
With a trading outlook focused on the short-term price movements of an asset, technical analysis is undoubtedly the greatest tool in a trader’s arsenal. However, there are certain prices from time to time that do not sufficiently reflect the financial position of a company, despite what technical factors may be displaying. We sometimes look to
Read More
There are very little major shares on the ASX/S&P 200 (XJO) that still meet a dictionary definition of good value. Most shares are mathematically overpriced compared to historical averages by significant margins. Whilst there is plenty of cash flowing in the investing world, and investors are looking for somewhere to put cash, there is still
Read More
Plenty of market excitement has been spent around the likes of Afterpay Touch, and Zip Money over the past 24 months. The digital installment purchase and payment services are enjoying some serious momentum after seeing some explosive growth in users, both in retail partners, and end-use customers. While both of these stocks could enjoy a
Read More
Australians are inherently familiar with shade cloth: the technical fabric covers our playgrounds, carparks, and other public spaces; increasingly it is also covering our balconies, patios, and private residential spaces as well. Shade cloth also enjoys popularity in parts of the Middle East, where the intensity of the sun makes direct exposure unpleasant. Despite the
Read More
Sometimes a great small stock goes a bit unnoticed from the investment community. It might be because they don’t have the analyst coverage, or perhaps because the nature of the business is relatively boring. Whatever the reason, it doesn’t mean that the business is a bad investment. Quite the contrary, the lack of interest can
Read More
There was a bit of a storm kicked up in the investment community recently when Michael Burry, an investor profiled in the Michael Lewis book (and subsequent film) The Big Short. Mr. Burry was famous for his bets on the American sub-prime mortgage market in anticipation of the Global Financial crisis. This time he made another
Read More
The ongoing economic dispute between the US and China, referred to by the media as the ‘Trade War’ appears to be continuing as it has done for 2019, with no true end in sight. The cyclical movements in markets and also the news media regarding the Trade War is now practically predictable. This predictability has
Read More
Over the three months between the 7th of May and the 7th of August 2019, the S&P//ASX200 Australian gold miners index (XGD.ASX) has risen more than 55 percent. During that same time, physical gold has risen 16.57 percent, and Australian dollar physical gold has risen around 36 percent. What has caused strong rise in gold and Aussie
Read More
Last November Westpac and ASIC agreed to settle a legal dispute that would see the bank pay a $35 million dollar fine for breaching responsible lending laws. However, the Federal Court refused to approve the settlement, stating that the settlement failed to illustrate how Westpac breached lending laws; the case went to trial. Today, in
Read More