While stocks have endured a tough few weeks, albeit it only a 5.1% pullback to-date, the embattled FMG has roared back to life rallying over 30% from its October lows, a classic case of the elastic band snapping back towards value – MM has gone long so let’s hope we’re correct believing there’s more fuel in the tank! Through 2021 we have witnessed a number of situations when stocks / sectors look their worst the “brave” buying has been rewarded with FMG on track to be another.
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Weekly Video Update: James & Harry cover portfolio performance for July, and Income stocks to buy here & now.
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Markets @ Midday – Monday 15th August – Bendigo (BEN), Beach Energy (BPT) & JB Hi Fi (JBH)
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Ausbiz: James covers the CBA FY22 result this morning on Ausbiz
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What Matters Today in Markets – Monday 15th August
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MM is bullish FMG initially targeting the $19-20 area
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Weekly Video Update: James & Harry cover portfolio performance for July, and Income stocks to buy here & now.
Recorded August 10th August 2022
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Markets @ Midday – Monday 15th August – Bendigo (BEN), Beach Energy (BPT) & JB Hi Fi (JBH)
Daily Podcast Direct from the Desk
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