Trade Alerts - Flagship Growth & Income Portfolio

A tough day on the ASX today, with geopolitical risk firmly back in the driver's seat. Fresh US-Iran clashes in the Strait of Hormuz sent oil prices higher and unwound the peace trade that had supported market over the last few days.

Morning report 08/05/2026 09:32

ETF Friday: Four ASX ETFs that could attract the next wave of buying as investors look for value

The ASX200 delivered a second consecutive strong day, extending the weeks recovery from Tuesdays low to more than 3%. The gains were again spearheaded by the miners, on the back of stronger metal prices, with BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) on their own contributing 50% of the index’s move. The advance was more broad based than on Wednesday with over 70% of the main board closing higher.

Afternoon report 07/05/2026 17:20

The Match Out: ASX rallies in back-to-back sessions as Miners push toward all-time highs

The ASX pushed higher today, building on strength from yesterday’s rally as sentiment around a potential US-Iran improved materially overnight. The prospect of the Strait of Hormuz reopening saw oil prices fall sharply, easing inflation concerns and spurring on risk appetite.

Morning report 07/05/2026 09:25

What Matters Today: Mining Services Stocks Hit New Highs — Will the Miners Follow?

The ASX 200 rallied on Wednesday, following the strong lead from Wall Street and improving sentiment around the Middle East, with the US pushing hard for a lasting resolution.

Afternoon report 06/05/2026 17:11

The Match Out: Banks lead the bounce as ASX jumps on de-escalation in the Middle East

The ASX bounced strongly today, shaking off recent weakness, leaning into improving sentiment around the Middle East, with the Whitehouse now clearly seeking an off-ramp from the Iran conflict.

Alerts 06/05/2026 09:49

Trade Alert – Active Income Portfolio

We are making two changes to the Active Income Portfolio this morning.

Morning report 06/05/2026 09:20

Portfolio Positioning: The RBA hikes, the Macquarie Conference kicks into gear before the Budget next week

The ASX 200 retreated just 0.2% on Tuesday, not a bad day considering the RBA hiked another 0.25%, with the index encouragingly closing on its intra-day high. The local bourse has retreated 4.4% since Westpac (ASX:WBC) warned of rising bad debts and weaker trading revenues 3-weeks ago.

Afternoon report 05/05/2026 17:10

The Match Out: RBA hikes again but the ASX takes it on the chin

The ASX slipped again today, though the move felt relatively contained given the significance of the RBA decision. The central bank delivered a third straight hike, taking the cash rate to 4.35%, but the market largely took it in stride, rising ~35pts after the decision into the close.

Morning report 05/05/2026 09:26

What Matters Today: A Fresh Takeover Wave Hits the ASX — Who’s Next?

The ASX 200 retreated 0.4% ahead of this afternoons RBA rate decision, extending what has become one of the most sustained losing streaks of the year, nine declines in ten sessions, with the banks again at the centre of the weakness. National Australia Bank Limited (ASX: NAB) was the standout drag; its soft quarterly result sent the stock down 1.6% and took approximately six points from the index.

Afternoon report 04/05/2026 16:59

The Match Out: Cautious ASX slips ahead of tomorrow’s RBA call

The ASX gave back some of Friday’s bounce today, drifting lower as softer local updates outweighed ongoing strength in US equities. Breadth was soft through the session with Staples and Financials leading the declines as the index whipsawed early in the session before cruising lower into the close.