Author: Harry Watt
Stock Cimic Group (CIM) $37.71 as at 18/07/2019 Event Cimic shares have tumbled to 2 year lows today following on from a soft first half result which the company presented after market yesterday. The profit line was marginally better than 1st half 2018 at $367m with the company needing a large second half skew to […]
Stock BHP Group (BHP) $41.71 as at 17/07/2019 Event Following on from Rio Tinto’s quarterly from yesterday, BHP has posted their 4th quarter production report to the delight of shareholders. BHP is well outpacing the two other big iron ore names in today’s market, adding 1.4% as of early in the afternoon. BHP has met […]
**This is an extract from the Market Matters Weekend Report from 14 July. Click here to get access to the full report and more Chart of the week. We preach at almost nauseam that subscribers should remain open-minded with markets and US equities are currently illustrating this point perfectly, simply consider the following 3 points: […]
Stock Rio Tinto (RIO) $103.88 as at 16/07/2019 Event Rio is trading slightly lower today, but it is significantly lagging the other iron ore stocks in the index on the back of a soft quarterly production report from the miner. Production was hindered over the quarter on weather issues which forced Rio to downgrade production […]
Stock AMP (AMP) $1.89 as at 11/07/2019 Event Embattled financial services company AMP is in hot water again today, the stock has traded to new all-time lows early in the session following news that the RBNZ expects to block the sale of their Life business, a $3.3b deal with Resolution that was announced in October […]
Stock Whitehaven Coal (WHC) $3.85 as at 11/07/2019 Event Whitehaven Coal has kicked of the quarterly reporting period for the miners today releasing their June quarter production report. The stock has rallied currently on its best run since April. The production report provides a positive read through for their full year results due out next […]
**This is an extract from the Market Matters Weekend Report from 7 July. Click here to get access to the full report and more Chart of the week. Commonwealth Bank has rallied over 30%, if we include dividends, from its Royal Commission induced panic low in late 2018. The technical picture has been fairly good […]
Stock AfterPay (APT) $25.70 as at 9/07/2019 Event Buy Now Pay Later (BNPL) market leader AfterPay has seen a little shine taken off the share price today with the stock taking a 4.5% hit on the back of a broker downgrade – Goldman Sachs increased their price target marginally to $27.15, however they struggled to […]
**This is an extract from the Market Matters Morning Report from 5 July. Click here to get access to the full report and more Infrastructure spending helps improve growth and jobs in the short term as the projects unfold plus also lifting productivity over the medium to longer term. With the RBA cash rate at […]
This week James Gerrish sat down with James Marlay from Livewire Markets to discuss the important aspects of implementing an income focused diversified portfolio. Click here to see the webinar Below is a typical asset class mix for an income focused portfolio. The neutral stance is the base case, when all asset classes are around […]
