Market Matters Weekend Report Sunday 1st September 2019
Last week the ASX200 bounced pretty much as MM has been expecting, we finally leave August and its unpredictable reporting season behind us in the rear view mirror. After the recent enormous macro driven volatility local stocks finally closed down 3% for the month, compared to the US which only finished 2% lower, a pretty poor Australian reporting season was probably the difference in performance between both markets. Under the hood the volatility was huge with 14% of the ASX200 closing down by 15% or more, whereas only 4% managed to close up to the same degree. When we consider the degree of damage inflicted on some local stocks following their disappointing reports the index declining only 3% feels ok.
Market Matters Weekend Report Sunday 11th December 2016
Last week the ASX200 continued with its strong advance since the Trump election victory, gaining another 2.2% led by the banks, resources and insurance stocks. The local market has now gained over 500-points since Donald Trump won Florida on the 9th of November and as we enter the seasonally strongest few weeks for stocks a break to fresh highs for 2016, over 5611, feels inevitable over the coming few days. The current rally is what we have been forecasting for global equities all year and it's now a question of keeping our finger on the pulse to identify the optimum time to lock in some profits.
The Hickman Report – Saturday 26th July 2014
The ASX200 closed up 52 points (0.9%) last week, following the Hang Seng up 762 points (3.2%) and Canadian S&P/TSX Composite Index up 189 points (1.2%)
