Australian Investment Blog

The market throws us another hand-grenade Yesterday we saw Flight Centre's (FLT) shares slammed almost 9% after a significant downgrade to its previously forecast profit guidance. Some of the market clearly "had a sniff" of the problems at FLT, with the stock already weak. It's now being down 14.8% for the month and 27.3% over the past year. This is a classic example of why Market Matters is a firm believer in the combination of both fundamental and technical analysis. People that are "in the know", vote with their feet / money creating technical signals, which can be very useful in both entry and exiting of investment positions - often the fundamental news follows well after the stock move. We believe this individual stock volatility is likely to be an ongoing phenomenon in 2016, hence providing some exciting opportunities. The ASX200 is up 0.4% before dividends in 2016, yet we have already witnessed plenty of individual share swings of well over 10%.
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