Portfolio Positioning: Stock & Sector rotation determining portfolio performance

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Morning report 14/10/2026 09:27

Portfolio Positioning: Stock & Sector rotation determining portfolio performance

The ASX fought valiantly on Tuesday to reverse early losses ending the session basically flat. However, it was far from a quiet session on the stock and sector front with AI facing tech stocks whacked, with Megaport (-9.9%) and NEXTDC (-6.6%) enduring sessions to forget.

Afternoon report 13/10/2026 16:54

The Match Out: ASX treads water as global chip rout hits growth stocks

A mixed session on the ASX today, with the index recovering from intraday losses to finish almost unchanged. Defensive sectors, energy and banks provided some support, but a sharp global semiconductor sell-off weighed heavily on Technology, while Materials and lithium stocks also came under pressure.

Morning report 13/10/2026 10:12

What Matters Today: How should we value AI Infrastructure stocks after the Firmus debacle?

The ASX 200 big guns started firing on Monday in a rare session of solidarity between the banks and heavyweight miners, the financials and materials combined to add 79-points to the ASX 200, which only closed up 66-points on the day! For a 0.8% gain it was unusual to see almost 50% of the main board close lower, such was the dominance of the likes of BHP (+2.5%) and Westpac (+2.7%).

Afternoon report 12/10/2026 17:06

The Match Out: ASX extends rebound, Banks and Miners lead the way

A strong session on the ASX today, extending gains from the end of last week and bringing the index close to a one-month high. Miners, banks and Technology led the recovery, while Healthcare reached an eight-month high.

Morning report 12/10/2026 09:51

Macro Monday: Reasons to be bullish – part 3

Shawn reckons the current market reminds him of an old 1980’s song – Reasons to be Cheerful – part 3 (here), hence the title of today’s note – certainly showing his age! Despite the ongoing unsettling news across the newswires, we remain positive on equities here, and today we’ll outline some of the reasons that underpin that view.

Weekend report 10/10/2026 09:06

Weekend Q&A: Sector rotation is telling us bond yields may have reached their nadir

The ASX 200 finished a choppy week up +0.4% with the rate sensitive utilities (+3.6%), real estate (3.6%), healthcare (+3.5%) and consumer discretionary (2.4%) sectors leading the markets gains. Action on the index level was relatively quiet, however, it was anything but on the stock front with 10 stocks falling by more than 10%, for an average decline of mare than 16% while only two stocks rewarded investors with double digit gains - it felt like fund managers were actively tweaking their portfolios as we enter the December quarter.

Afternoon report 09/10/2026 16:39

The Match Out: ASX finishes the week off strong, Firmus pulls ASX IPO

The ASX finished the week on a firmer note, extending its recovery after a volatile few sessions. Market breadth improved, with 9 of 11 sectors higher and ~70% of ASX200 stocks finishing in the green.

Morning report 09/10/2026 09:59

Fund Friday: Private Credit – Metrics et al.

The ASX 200 fell away on Thursday afternoon to close down -0.8%, with weakness in the influential banks and heavyweight miners again driving the index lower while further bargain hunting was evident in the rate-sensitive end of town, although not with any great gusto as would be expected when the index is tumbling toward a fresh 4-month low.

Afternoon report 08/10/2026 16:49

The Match Out: Rising bond yields drag ASX lower, Maas Group (MGH) whacked on weak Firmus IPO demand

The ASX was hit by another bout of selling on Thursday as surging global bond yields and weakness across the resources sector weighed on the market.

Morning report 08/10/2026 09:48

What Matters Today: Reviewing the 5 new entrants to the ASX 200

The ASX 200 failed to hold onto its early gains on Wednesday ultimately ending the session down -0.1%, smack in the middle of the day’s trading range, with the influential banks and miners dragging the index lower despite over 60% of the main board closing higher. The rate-sensitive stocks again caught our eye bucking the trend with all major retailers and real estate stocks outperforming the broader index.