Skip to Content

Author: james Carter

Morning Report Monday 18 January 2016

by james Carter

Good morning everyone and what an eventful time the markets have had since Friday!

Afternoon Report Friday 15 January 2016

by james Carter

  • A frustrating day was experienced today, across the board in the ASX 200. The glimmer of hope returned this morning, with the broader market teasing and trading as high as 4,997, only go downhill from there and close off its lows of 4,870, down 16 points (-0.3%) at 4,892 with a range of 127 points today.
  • The Financials underperformed for the second day running, with CBA down 0.7% to $78.88.
  • The materials however had a pleasant day, BHP rallied 1.3% to $15.07, after trading as high as $15.75 earlier today.
  • Please watch out for the Weekend Report.

Best Sector – Materials
Worst Sector – Consumer Discretionary

Morning Report Friday 15 January 2016

by james Carter

A number of subscribers have asked us to clarify our view and strategy going forward after being confused by our purchase of RIO and Fortescue (FMG) earlier in the week.

Afternoon Report Thursday 14 January 2016

by james Carter

  • Volatility remains, where the ASX 200 experienced a 122 point range with ending the day 78 points lower to 4,909.
  • The BHP outperformed the broader market, rallying 3% from its day lows to close 11c higher (+0.7%) at $14.88
  • The Big 4 banks all led the market lower, with National Australia Bank (NAB) being the weakest link, closing $0.57 lower, (-2.1%) at $27.11.
  • Safety concerns remain across the globe, reports of an explosion and gun shots heard in Indonesia’s capital, Jakarta.
  • RIO lost ground today, down 1.8%to $38.85 despite management announcing a pay freeze this year as an avenue to help reduce cost during this tough time in Commodities.

Best Sector – Materials
Worst Sector – Energy

Morning Report Thursday 14 January 2016

by james Carter

Another scary night on Wall Street with the Dow down close to 400 points at around 6am AEST.

Afternoon Report Wednesday 13 January 2016

by james Carter

  • A positive session on the ASX today – the first of 2016 with the ASX finishing up +62pts (+1.26%) to 4987.
  • Oversold banks the main driver with WBC the main catalyst finishing up 2.2% to $31.49 and CBA up 2% to $81.00 while resources finished some way up from their intra session lows – RIO the main driver finishing up 1% to $39.55.
  • Market Matters put out two intra session alerts today, on two contrarian stocks that we think offer good risk/reward
  • Stay tuned for further alerts over the coming days as we look take advantage of depressed levels


Morning Report Wednesday 13 January 2016

by james Carter

The financial headlines over the first few days of 2016 have been enough to send all but the most committed stock market investor running for the hills – one major bank / broker has basically recommended dumping all shares!

Afternoon Report Tuesday 12 January 2016

by james Carter

• A disappointing day in the ASX 200 today, where a glimmer of hope was witnessed in the morning, only to fade and fade hard by China open.
• The ASX200 closed 7 points lower (-0.1%) at 4,925, after trading as high as 4,983.
• The banks closed mixed, with CBA being the alpha of the pack, ending its session 1% higher to $79.39.
• The Energy sector continued its slide, Santos (STO) was the weakest link, down 8.1% to $2.95.
• We see this current pattern as consolidation and expect plenty of volatility to remain.

Morning Report Tuesday 12 January 2016

by james Carter

Over recent months the financial press has been full of stories covering the collapse of commodities and associated resource stocks e.g. Iron Ore is down 75% since mid 2012 to $US41.3/t – see chart 1.

Afternoon Report Monday 11 January 2016

by james Carter

  • A volatile session was witnessed today in the ASX 200 as expected, as the sea of red continues to spread and land mines being hit.
  • The ASX 200 closed 59 points lower (-1.2%) at 4,932, after hitting a low of 4,880. Iron Ore and Oil remaining to be negative in Asia trade. Iron Ore is currently down 2.1%, while Oil is off 2.1%.
  • A landmine was hit yet again, this time with ISelect (ISU) down 39.1% to $0.67 after warning its investors with an updated and disappointing earnings guidance.
  • With Iron Ore down, BHP slumped by 4.9% to close at $15.55, while the Big 4 also contributed in today’s weakness. Westpac (WBC) was a the weaker link, losing 1.4% to $30.56.

Best Sector – IT
Worst Sector – Materials

Back to top