The S&P/ASX200 closed up Wednesday, gaining 11.8 points or 0.16% to 7313, closing out the financial year on a positive note. The top performers: Iluka Resources (11.9%) and then thin air for some time until Chalice Mining and Telstra turn up with 4.9% and 4.6% gains respectively. Adam Dawes talks Telstra's quasi-renaissance here . Nuix (12.5%), Kogan (9.7%) and AGL (9.6%) took significant whacks to end FY21. Bring on the new fiscal year! Our top VODs are: The Good, the Bad and the Scutty; Ad...
Jun 30, 2021•14 min•Season 2Ep. 119
A resilient S&P/ASX200 closed just six points lower on Tuesday to finish at 7301.2, after shedding almost one per cent earlier in the day. It's the second late recovery in a row as Covid-lockdowns, school holidays and end of year blues hit volumes. Collins Foods (- 5.6)% delivered on its full-year, but fell away late. Metcash (5.7%) found some form, leading the gainers ahead of Nuix - up some 4.8% - police hitting the former CFO's brother with a travel ban (on top of that other travel ban). ...
Jun 29, 2021•10 min•Season 2Ep. 116
The S&P/ASX200 closed -0.7 points on Monday to 7307.3, as the country grappled with the new lockdown reality. Tech stocks and travel were hit hardest. Afterpay lost 7.5% while stock of the day Gold Road shrank 7.4%. Our top VODs are: Three stocks to gobble up Meet the newest gold explorer to list on the ASX Luke loves a lockdown buy hold and sell Hosted on Acast. See acast.com/privacy for more information....
Jun 28, 2021•11 min•Season 2Ep. 117
The S&P/ASX200 closed up Friday, gaining 32.7 points or 0.45% to 7308. The smell of US infrastructure spend offsetting the lockdown shadow over Greater Sydney. Boral jumped (6.5%) to a more than three-year high after Seven Group sweetened its takeover bid. Nuix led the losses (-3.9%), Zip Co followed (-3.1%) and stock of the day CSL (-0.4%) also ended lower. A safe weekend to all. Our top three VODs are: Healthy stocks for your portfolio The reflation trade isn't dead - here are the stocks t...
Jun 25, 2021•11 min•Season 2Ep. 116
The S&P/ASX200 closed lower Thursday, sliding 0.3% to 7275.3. Woolworths had its biggest intraday fall (-10.7%) on what otherwise looked like a successful spin-off for Endeavour. The iron ore majors romped it in, the big banks did not. Afterpay climbed 6% on US growth, while CSL (-3.1%) fell as options were exercised and brokers downgraded. Our top three VODs: From medtech to energy: Steve Everett's best market opportunities Why demerger is win win for Woolworths investors Canadian battery m...
Jun 24, 2021•11 min•Season 2Ep. 115
Did you miss Small Caps. Big Ideas live? It's not too late to find out which companies ten of Australia's top fund managers nominated as their pick of the bunch. Click the link to catch-up with the conversation, and get small cap investing tips from the experts. It's free and you can watch on your own time. Enjoy! Our top three VODs are: Gerrish's takeover plays Keeping your options open when the market's volatile Three stocks with a momentum that screams buy! Hosted on Acast. See acast.com/priv...
Jun 23, 2021•13 min•Season 2Ep. 114
The S&P/ASX200 closed up Tuesday, gaining 1.5% to 7342.20. A tough few days on the bourse has been closed out with the market's best session in about four months. Cyclicals led the charge, as they did overnight on Wall Street, while healthcare and some of the tech names missing the party. The top-performing stocks on Tuesday - Pilbara Minerals and Chalice Mining, up 7.4% and 7% respectively. Nuix (down 0.8%), among the laggards, having hit a fresh low today both statistically and emotionally...
Jun 22, 2021•12 min•Season 2Ep. 113
It's a big day at ausbiz tomorrow, we're hosting our first full day investor event called Small Caps, Big Ideas . Ten of Australia's top fund managers will each present one high-conviction small-cap company, explain why they like it and answer your questions. But that's not all! Alongside them will be the CEO of their chosen small cap, so you'll get insights on the investment case AND the business strategy. It's completely free and we hope you'll find it valuable and entertaining (we promise - n...
Jun 21, 2021•13 min•Season 2Ep. 112
Australian stocks drifted 0.13% higher to end the week, helped by a reversal in bond yields overnight. Most of the previous session’s losses were recovered thanks to big gains in information technology, consumer discretionary and telecommunications. Financials and materials both closed lower, the latter impacted by acute weakness in base and precious metal prices overnight. Energy was the big laggard on the day, tumbling nearly 2% as a stronger greenback prompted profit taking in crude futures. ...
Jun 18, 2021•11 min•Season 2Ep. 111
The local market pulled back from record highs today, dragged lower by weakness in commodities, gold, REITs, consumer staples and telcos. Banks were one of the few shining lights, helped in part by a steeper yield curve following the Fed meeting overnight and a bumper local jobs report. Tech put in a resilient performance with the BNPL names enjoying strong gains. Felicity Emmett of ANZ and Phil O'Donaghoe of Deutsche Bank shared their expert analysis of today's jobs data with Annette and Scutty...
Jun 17, 2021•13 min•Season 2Ep. 110
The S&P/ASX200 closed about 0.1% higher on Wednesday after breaking through to the other side of 7400 for the first time. Commonwealth Bank rose 1.3% for a record high of its own. Pro Medicus led the gainers, Oz Minerals led the not gainers. But while investors have spent the day bracing for tonight's epic US Fed meet, the pandemic caught Sydney napping - a single case confirmed in Bondi just before the close of trade. Our top three VODs are: The contrarian take on buying the energy rally Th...
Jun 16, 2021•13 min•Season 2Ep. 109
The big names pushed the local bourse to another record high today with the ASX 200 flirting with 7,400. It eventually closed up 0.92% at 7,379.50. Tech followed Wall Street's strong overnight lead while healthcare consumer, discretionary, financials (CBA closed at a record high of $103.50) and consumer staples also had a big day. Gold miners and the energy sector weighed. Our top three VODs today are: Jun Bei Liu's three Tuesday targets The Aussie gold miners set to win from inflation Ivers' tw...
Jun 15, 2021•7 min•Season 2Ep. 108
Another record close for the ASX 200 of 7,312.3 - up 0.13%. Thin volumes ahead of the long weekend. Yield sensitive sectors dropped following a drop in underlying bond yields on the view that US inflation is transitory in nature. The miners led the charge thanks to a 1.3% lift for BHP off the back of rising iron ore prices. Tech was also strong as investors rotate back to growth. Our top three VODs today are: This market's tricky - so here are three names to buy Chris' buy hold and sell, includi...
Jun 11, 2021•10 min•Season 2Ep. 107
A milestone for the ASX 200 - closing above 7,300 for the first time. REITs and tech were the day's winners with utilities also performing strongly. Energy and miners took a dip. All eyes are on tonight's US inflation read with a lift to 4.7% from April's 4.2%, the consensus view. Out-of-session US futures are currently trading flat. Our top three VODs today are: CBA vs WBC; Fraser on who you can take to the bank Andrew has all the oil you need with two stocks and an ETF play Roger has energy fo...
Jun 10, 2021•13 min•Season 2Ep. 106
The S&P/ASX200 closed lower Wednesday, shedding 0.3% to finish at 7270.20 after the index casually hit fresh record highs in morning trade. Tech stocks were troubling, with Altium Ltd (ALU) and Wistech Global (WTC) the most troubled - down 7.5% and 4% respectively. Not all glum tidings. Brickworks jumped 11.3% on the expectation of record-high earnings and booming industrial property prices. And keep an eye on the surging coal markets that led Whitehaven 5.2% higher today. With the peak summ...
Jun 09, 2021•10 min•Season 1Ep. 105
Yet another all-time high for the ASX 200 today. The major index hit 7,315.6 before retreating to close at 7,292.6 - a rise of 0.15%. The ASX did manage to outperform regional markets, helped by strength in tech and healthcare. While it may not have driven the increase, a very strong NAB Monthly Business Survey, headlined by record high profitability, trading, employment and capital investment, underlined that corporate Australia is looking very healthy. Our top three VODs today are: Sell, sell,...
Jun 08, 2021•11 min•Season 2Ep. 104
An early session slide kept the ASX 200 in the red for most of the day with the index closing down 0.2%. Tech rebounded strongly, thanks to Altium's rejection of a $5 billion takeover offer from US tech juggernaut, Autodesk. Altium's share price closed up 39% as a result. Meanwhile, AUSTRAC's announcement that it would be taking a closer look at NAB and casino operators' for money laundering breaches obviously wasn't received favourably - NAB down 3.2%, Crown Resorts down 1.5% and Star Entertain...
Jun 07, 2021•11 min•Season 2Ep. 103
A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight. It was the third consecutive weekly gain for the local market. Banks were, once again, in the thick of it with all majors closing up more than 1% and energy stocks were up on renewed optimism around the oil price. CSL also has a good day perhaps by helped by a sharp fall in the AUD overnight. Materials, particularly gold miners were hardest hit as a higher US dollar weighed on ...
Jun 04, 2021•6 min•Season 2Ep. 102
A record high for the ASX 200 today, closing up 0.6% at 7,260.1. Energy, tech, utilities and banks the big winners, helping the local bourse to outperform its regional counterparts. Consumer discretionary and gold were the only areas of the market not to feel the love. Wesfarmers played a part in the performance of the former, dipping 2.1% after its investor day at which it flagged that volatility in retail sales would be lingering for a while yet. On the plus side, the company's pivot to lithiu...
Jun 03, 2021•11 min•Season 2Ep. 101
An all-time high for the S&P/ASX200 - the index gaining a healthy 1.05% with miners and energy coming to the party. The Most Valuable Players were Inghams (ING) and Santos (STO), both 6.5% higher. Clamouring for cut-through analysis of the GDP read? Our top three VODs are: Staying fully invested and spotting opportunities The market impact of lockdowns are best seen in these two stocks Postgrads the secret to Keypath success Hosted on Acast. See acast.com/privacy for more information....
Jun 02, 2021•16 min•Season 2Ep. 100
No lead in from Wall St this morning due to the Memorial Day holiday. Investors took this as an opportunity for some profit taking early in the session before something of an afternoon recovery. The ASX 200 still closed down 0.27%. Higher iron ore prices helped the big miners to a strong day - FMG up 1.74%, RIO up 0.7% and BHP up 0.13%. Energy stocks also performed well. Financials and healthcare were the laggards. Meanwhile, the RBA kept rates on hold. No surprise there, but it seems tapering i...
Jun 01, 2021•15 min•Season 2Ep. 99
An eighth day of gains in a row for the ASX with an intra-day record high to boot, but the market nevertheless found its way down to 7,161.60 - a dip of 0.25%. REITs were the only real gainers while it was a rough day for energy and tech. We're not expecting much from the RBA board meeting tomorrow, but the minutes could be interesting, given the increasingly hawkish tones coming from other central banks. Our top three VODs today are: Why Michael is backing BHP Death is not dead; why Morningstar...
May 31, 2021•10 min•Season 2Ep. 98
A stellar day for the local bourse, with the ASX200 making record highs before closing up 1.2% at 7,179.5. Miners, energy and industrials were the big winners with tech the only sector to finish in the red. Betmakers was hosed after the market clearly thought it had bitten off more than it could chew with its $4 billion offer for Tabcorp - the stock closing down more than 16%. Check out today's edition of the last call, with our guests Ricardo Goncalves (SBS), Eliza Owen (Core Logic), Luke Winch...
May 28, 2021•10 min•Season 2Ep. 97
Markets continued to tread water today, waiting for the release of quarterly inflation figures from the US tomorrow evening. The ASX200 index closed up 0.03%. After a strong run, the banks succumbed to profit taking. A rebound in Chinese iron ore futures helped to bolster the materials sector after weakness in the previous session. Tech stocks also had a decent day, helped by a further decline in longer-date bond yields and continued gains on the NASDAQ last night.. Our top three VODs today are:...
May 27, 2021•11 min•Season 2Ep. 96
Another choppy day on the ASX, which saw the ASX 200 soar to 7,136 late morning before drifting back down to close at 7,092.5 - 0.3% down. The tech names were the big winners (re-rotation anyone?) while the miners (except for gold), healthcare and REITs were the laggards. Comm Bank cracked the $100 barrier before closing at $99.58 - banks as a whole closed flat. Across the ditch, the RBNZ declared it would begin raising rates next year with a target of 2% by 2024. Only six months ago the RBNZ wa...
May 26, 2021•14 min•Season 2Ep. 95
On Tuesday the S&P/ASX200 climbed 69.30 points or 1% to 7115.20, crossing above its 20-day moving average, but making a lot of people motion sick along the way. While Kogan did well - adding 6.6% of muscle after shedding weight last week - Hub24's 8.9% spike was "a bit of a head-scratcher," in the words of Martin Crabb, CIO at Shaw and Partners.Goldies the only sector to really lose blood. And then there's Nuix, just bleeding out some 5.5% as the sharks begin to circle. China's CSI 300 index...
May 25, 2021•14 min•Season 2Ep. 94
A choppy day on the local bourse as volatility made its presence felt, with investors bracing for higher inflation. The ASX 200 gained 0.22% to finish at 7,045.90. Kogan bounced back 15% today after dropping 13% on Friday on a trading update that revised down earnings for FY21. Comm Bank was the big gainer from the rotation into value - up 0.7% today to $98.76 after earlier hitting a record high of $99. The iron ore miners were the biggest losers after spot prices pulled back over the weekend. F...
May 24, 2021•12 min•Season 2Ep. 93
The S&P/ASX200 is up almost 11 points today or 0.15%. Boffins should call that a win, even though the index crossed 7050 at a trot in the morning before sliding into the red it seems so fond of after lunchtime. EML Payments (EML) is recovering from its mid-week shellacking, up 15.5%, while A2 Milk (A2M) rose some 6.2%. The big story was Kogan's (KGN) profit warning and how quickly the online retailer shed over 13% to hit a 12-month low. Our top three VODs are: Chris is making hay while the s...
May 21, 2021•12 min•Season 2Ep. 92
The S&P/ASX200 closed higher on Thursday, gaining 87.9 points or +1.27% to 7019.60. Tech was back. Afterpay (APT) up 7.7% and Redbubble (RBL) killed it dead, up 6.5%. Materials weighed, the iron ore miners following the Dalian spot price lower. Most thwacked on Thursday? Nuix (NXL): down 6.8%. The ex-CEO wants his $200 million and seems pretty mad about it.A day that sounds good in any language. Our Top three VODs are: Volatile crypto means stand clear for now Quality over quantity in this p...
May 20, 2021•14 min•Season 2Ep. 92
The S&P/ASX200 hit its first real obstacle since early February, the benchmark index dropping 1.9 per cent, or 134 points, retracing an April ascent to be back under the revered 7,000 mark. Nothing could staunch the selling. EML bled out some 46 per cent to a near 10 year low - the Central Bank of Ireland flagging anti-money laundering and counter-terrorism financing compliance concerns at the Irish- subsidiary EML acquired late in 2019. A restructuring Appen was the standout performer, up 1...
May 19, 2021•10 min•Season 2Ep. 91
