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Author: james Carter

The REITS march on as Banks tread water, the trade for 2014?

The ASX 200 had a strong open this morning, reaching 6-year highs of 5561 ahead of July index options expiry, only to close up 4 points to 5522.

Last night Janet Yellen, the U.S. Federal Reserve Chair, clearly challenged the levels of areas in the equity market with a speech that included the below phrase:

The ASX 200 was sold off early in the session, recovering earlier losses to close up 8 points.

Time to review the “yield play” stocks as markets remain firm

The ASX 200 had a solid start, up 25 early in the session, only to sell off steadily and close unchanged.

The Australian healthcare space has been a market darling over recent years as the sector soared due to Australia’s ageing population. People aged over 65 is the fastest growing age group, up from 2.1 million people in 1993 to 3.3 million people in 2013. The largest problem, from an investment perspective, has been trying to identify value. P/E’s (Price to earnings ratio) skyrocketed ahead of the market as the sector became the place to have funds. However two situations have coincided to return some value to the sector:

The ASX 200 had a quiet session today, closing up only 25 points on volumes roughly 30% below daily averages.

Is the “Big Switch” Unfolding before our eyes?

The ASX 200 closed firmly, up 22 points despite the weakness seen in the European region overnight.

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