The S&P/ASX200 closed up Wednesday, gaining 68 points or 0.9% to 7,393, crossing above its 125-day moving average. It was a generous comeback, only the technology sector unable to share in the gains. The top performers among Australia's largest 200 companies were AMP Ltd (AMP) and Orocobre,(ORE) up 9.3% and 6.3% respectively. Tyro Payments (TYR) not providing guidance at today's AGM, down 15% at the close. Our top 3 VODs: Australia has put a crypto jetpack on its back over the last few weeks...
Nov 03, 2021•13 min•Season 2Ep. 196
The S&P/ASX200 is lower today, dropping 45 points or 0.6% to 7,326 and crossing below its 125-day moving average. The bottom-performing stocks in this index are Whitehaven Coal and IGO Limited, both scuttled by 9.1%. The Top 200 company index has now lost 1.6% over the last five days and sits 4% below its 12 month high. Three top VODS: Jun Bei's off to the races with these three buys The RBA's "astonishing" rates back down Turn your portfolio green in more ways than one with these three stoc...
Nov 02, 2021•12 min•Season 2Ep. 195
The S&P/ASX200 closed up Monday, gaining 47 points or 0.6% to 7,371. Now. How many times have you heard CSL described as the best company Australia has ever produced (and how many times have you wished you were in the IPO at 76 cents a share?) We can't promise we've found the next CSL, but our next event will give you the insights you need to invest in the biotech sector. We've lined up some true experts in the field to share how they value biotech companies and their expectations for how an...
Nov 01, 2021•11 min•Season 2Ep. 194
The S&P/ASX200 closed lower Friday, dropping 107 points or 1.4% to 7,324 dragged lower by a late afternoon surge in bond yields, the index crossing below its 50-day moving average. The big banks capitulated and the rest of the market followed, the Top 200 stocks have no shed 1.2% over the last five days, and now sits more than 4% below its 12 month high. The bottom performing stocks on Friday, Unibail-Rodamco-Westfield (URW) and Pointsbet Holdings (PBH) down 6% and 5.2% respectively. Top Thr...
Oct 29, 2021•11 min•Season 2Ep. 193
The S&P/ASX200 closed lower Thursday, dropping 18 points or 0.25% to 7,430, falling away in late trade after setting a new 20-day high. The chill wind of higher interest rates and falling commodities driving losses across the local market. Today's ultra-laggard was Pointsbet Holdings (PBH) might be making money, but not fast enough - quarterly negative cash flows almost topping $40 million. Despite impressive growth across several metrics, PointsBet continues to burn through cash shedding 17...
Oct 28, 2021•11 min•Season 2Ep. 192
The S&P/ASX200 closed five points higher on a choppy Wednesday to 7,449, recovering to be 0.1% following a surprisingly sharp CPI read. Taking their lumps today, Codan Limited (CDN), crashing some 18%, despite a rather upbeat AGM, and a chunky, new multi-year defense contract for its subsidiary, DTC Communications. Go figure. There was no mystery to the 12% slide over at A2 Milk (A2M), a sour investor day dominated by more bad news out of China. Topping the charts, Reliance Worldwide (RWC) u...
Oct 27, 2021•13 min•Season 2Ep. 191
The S&P/ASX200 closed up just two points on Tuesday to 7,443, flat as a pan for the session, having yielded up an early rally, with IT stocks outperforming, following the NASDAQ’s run overnight. Crown Resorts (CWN) stole the headlines with its let-you-off-this-time from the Victorian Royal Commission. Shares closed 7.8% higher after earlier hitting an eight-month high. Mineral Resources (MIN) slid over 7%, while Regis Resources (RRL) shed 6.1%, both diggers delivering uninspired quarterlies....
Oct 26, 2021•14 min•Season 2Ep. 190
The S&P/ASX200 closed 26 points, or 0.3% ahead on Monday, after the index shook of a morning stutter to jump 0.7% to a 6 week high at lunch, with the materials and energy stocks leading the way. Lower trading volumes perhaps reflecting a more cautious stance ahead of a massive week of economic and corporate revelations. Mineral Resources (MIN) led the gains, up 9%, while at the other end of matters, Perpetual Limited (PPL) lost 5.5% and growth darling Kogan.com (KOG) shrank over 4.4%. Ahead ...
Oct 25, 2021•14 min•Season 2Ep. 189
Hallelujah! Evergrande has avoided the dreaded default on its dollar-denominated bonds and everyone's happy. Back home and the S&P/ASX 200 closed the week up just 0.10 points Today's biggest gainer was Healius (HLS) for a second straight day off the back of its Q1 earnings result. In total contrast, Lynas reported a decline in revenues (blame COVID-19) and Aurizon adding more heat to the M&A frenzy inking a $2 billion dollar deal to quire One Rail. Neither result was loved by investors. ...
Oct 22, 2021•11 min•Season 2Ep. 188
It was a flat Thursday on the share market. Sentiment was 'meh' - with energy a drag, despite the positive lead from Wall Street, where quarterly earnings continue to impress. Thermal coal futures in China have fallen 20% in two days on the threat of government intervention. The financials made headlines, with fund manager Perpetual surging close to 8% as its FUM passed the $100 billion mark. And investors saw value in the perpetually beaten down AMP. Flight Centre plummeted close to 6 per cent ...
Oct 21, 2021•13 min•Season 2Ep. 187
The S&P/ASX200 closing up this Wednesday session, hitting the month's high water mark. AGM season dominating today... from Fletcher Building to iSelect , we went to the c-suite.Every sector bar energy posted convincing gains. Spare a thought for Star Entertainment and Whitehaven Coal. In contrast, the online retailers Kogan and Redbubble did well. Oil prices are lower, iron ore is higher and the Australian dollar is a hair away from the 75c mark against the US dollar. Two inflation reads ton...
Oct 20, 2021•15 min•Season 2Ep. 186
Markets were looking rosy this morning with big bumps across the board, but as the day wore on, so did market sentiment. The S&P/ASX 200 closed practically flat after all was said and done. Today's big winners reflect the most speculated and most exposed to a decline in long bond yields. Names like A2 Milk, Zip Co and Appen outperformed. In contrast, industrials like Bluescope Steel and the miners didn't do so well. The local bourse seemingly underperforming its regional peers. Oil climbed a...
Oct 19, 2021•12 min•Season 2Ep. 186
Markets ended in the green despite, China's Q3 GDP figure which came in worse than analysts' expectations, while Kiwi Q2 CPI overshot. Energy and metal-centric stocks rallied. It may have helped that Sydney eased more COVID-19 restrictions just a week after lifting its lockdown. Travel names REX and Qantas also got some buying action due to the NSW reopening while online trader Kogan and gold miner Evolution dealt with most of the selling. Our top three VODs: Three stocks primed for an upgrade C...
Oct 18, 2021•14 min•Season 2Ep. 185
If you had your bags packed, ready for quarantine-free travel in New South Wales, then I'm afraid you may need to unpack them again. PM Scott Morrison clarifying this rule will only apply for Australian citizens and permanent residents.... to be continued. In other news - the S&P/ASX 200 finished the day up 0.69%. Every sector was joining the party bar the utilities. Among the day's best performers, ARB Corporation and HUB24. In contrast, Pendal Group recorded a boost in FUM yet investors we...
Oct 15, 2021•14 min•Season 2Ep. 185
Clearly all of Australia's investing world woke up on the right side of the bed today. The S&P/ASX200 finished up 0.54% in today's trade. Bar financials and energy names, it was an up day for just about everyone. Special shout out to the tech sector which was up 3%+ today. Shares in Netwealth soared up around 16% after funds under management climbed 10% to over $52b. It also raised guidance for full year net inflows. The news was so good that it took rival HUB24's share along for the ride. I...
Oct 14, 2021•12 min•Season 2Ep. 184
The market hovered between small gains and small losses today. Newsflow was dominated by the Bank of Queensland's full year result, small cap earnings results and a new hydrogen plan which has rekindled the ESG conversation for the nth time. Bubs Australia going ga ga up around 40% post earnings, taking A2 Milk with it. In contrast, BOQ and the materials space fared the worst by far. In other news, the IMF downgraded the global economic outlook blaming it on the supply chain crisis and vaccinati...
Oct 13, 2021•14 min•Season 2Ep. 183
The S&P/ASX200 closed lower this Tuesday dropping 19 points. Bar technology and healthcare which saw steep selling and buying respectively, most sector moves were unconvincing. Ironically, the Australian market is actually outperforming most Asian region peers today. As of writing, the Hang Seng is down more than 1%, not helped by more whispers of a tech-financial services clampdown by Beijing. Some of our tier two commodity plays like Alumina and Sims were among the best performers while An...
Oct 12, 2021•14 min
New South Wales residents were finally allowed out of their homes but the markets were not as cheery. The ASX finishing down 0.28% in today's trade. Every sector falling on the day, bar energy which continues to pop as the global power crisis rolls on. Fan favourites Whitehaven Coal and Fortescue Metals (FMG) finished the day as the best performers, up 6% and 5.5% respectively. In contrast, the clear loser was Star Entertainment Group down 22% as it fends off allegations of money laundering and ...
Oct 11, 2021•11 min•Season 2Ep. 181
After five straight weeks of losses, the X2C finished this glorious Friday up 0.8%. It's green across the screen with every single sector recording at least a solid flat. Things are looking sweet across the region as well, as of writing. For no obvious reason, Magellan was the best performer finishing up 5.6%. In total contrast, EML Payments finished down 14.19% because of more woes with its Irish subsidiary. The company says there may be a more material impact on its balance sheet than expected...
Oct 08, 2021•11 min
The S&P/ASX200 closed up this Thursday, climbing 50.20 points following a strong lead from Wall Street. All of the major Asian markets are also higher as of writing. Super Retail Group was up 8% after UBS upgraded the company to buy from neutral - saying its poised to benefit from the post lockdown recovery. That reasoning should warrant a friendly reminder for everyone that only NSW is out of lockdown on Monday. Collins Foods also got the buying treatment, finishing the day up 6.5%. This af...
Oct 07, 2021•12 min
The S&P/ASX200 closed lower Wednesday, dropping 42 points or 0.6% to 7,207. The major banks fell on 'macropru' and heavy travel losses offset gains across the oil and coal complex, Yancoal (YAL) closing 9% the better, Whitehaven (WHC) up by 4%. The laggards were A2 Milk (A2M) facing a class action and Flight Centre (FLT), down 7.5% and 6.8%, respectively. Our top three VODs: Wedbush's tech bull thesis remains intact Is it too late to cash in on the infrastructure megatrend? Three stocks to b...
Oct 06, 2021•14 min•Season 2Ep. 179
The S&P/ASX200 closed lower Tuesday, dropping 30 points or 0.4% to 7,248 after weak overnight leads with the NASDAQ shedding more than 2%. Sealink Travel Group (SLK) missed out for second day, down 5.9%. Not so for Redbubble (RBL) just killing it on Tuesday, jumping 8.4%. For comprehensive coverage of the RBA's October rates decision , you can't go past our live show with Carlos Cacho at Jarden and Steven Dooley at Western Union Business Solutions. Our top three VODs: The Golden Buys; Ord Mi...
Oct 05, 2021•14 min•Season 2Ep. 179
The S&P/ASX200 closed up Monday, gaining 93 points or 1.3% to 7,279, boosted by travel, banks and energy. Today's outstanding performers were Flight Centre (FLT) and IDP Education (IEL), up 9.5% and 9.2% respectively. On the flipside Sealink Travel Group (SLK) down 5.2% and Redbubble (RBL) shedding 4.2%. Our top three VODs: Three 'reopening' stocks that still have legs Three mining stocks to dig Why Gary is calling a 50% correction in big tech | the trade Hosted on Acast. See acast.com/priva...
Oct 04, 2021•11 min•Season 2Ep. 178
The S&P/ASX200 closed sharply lower Friday, dropping 147 points or 2% to 7,186, crossing below its 125-day moving average. Asian markets sank after another jumpy Wall Street sell-off, investors tepid over the idea of higher borrowing costs, US debt defaults and a cooling global recovery. At home, NSW lost it's Premier and the Prime Minister decided, "it's time to give Australians their lives back". Virgin Money UK (VUK) and Mineral Resources (MIN), took it worst, down 7.3% and 6.7%, respecti...
Oct 01, 2021•12 min•Season 2Ep. 177
The S&P/ASX200 closed up sharply Thursday, gaining 136 points or 1.9% to 7,332. It was the market's best intraday performance in around six months, a day after setting a new 50-day low and despite mixed lead-ins and lingering global uncertainty. Iron ore futures popped in Singapore - up 11% at one stage - with all the majors following - BHP Group (BHP) and Rio Tinto (RIO) both around 3% higher. Fortescue Minerals took some late buying to finish 0.1% higher, after a fatality at it's Solomon p...
Sep 30, 2021•9 min•Season 2Ep. 176
The S&P/ASX200 closed down on Wednesday, dropping 79 points or 1.1% and setting a new 50-day low. The bottom performing stocks were Pinnacle Investment (PNI), shedding 9%, while Tyro Payments (TYR) and Chalice Mining (CHN), gave away 6% each. Heavy falls across the IT, health care and energy sectors followed in the wake of Wall Street losses as rising bond yields and another US debt ceiling impasse exacerbated the selling in tech stocks on the NASDAQ. Subsequently it was a gold miners day at...
Sep 29, 2021•13 min
The S&P/ASX200 closed lower Tuesday, dropping 109 points or 1.5% to 7,276, mixed leads became broad based selling. Virtually all sectors floundered, but for the energy names and a utility or two as global energy pressures spiked. Enter the coal miners - Whitehaven (WHC) up 6.8%, New Hope (NHC) up 5.1% and Yancoal (YAL) up 4%. And welcome back, oil and gas - Beach Energy (BPT) up 11.7%, Woodside Petroleum (WPL) up 6%, Oil Search (OSH) up 7.5% and Oil Search's friend Santos (STO) also up 6%. E...
Sep 28, 2021•9 min•Season 2Ep. 173
The S&P/ASX200 closed higher on Monday, gaining 42 points or 0.6% to 7,384. The gains follow mixed leads, rising oil prices, persistent fears over China's Evergrande debacle and a little optimism over local reopening plans. So the travel names released their inner kraken - Flight Centre (FLT) spiking 7.3% Helloworld up 4.1% and Webjet climbing 5.4%. The energy sector up 11% this month already, climbed a little bit more with Woodside Petroleum (WPL) and Beach Energy (BPT) up 3.2% and 4.2% res...
Sep 27, 2021•14 min•Season 2Ep. 173
The S&P/ASX200 closed lower Friday, dropping 28 points or 0.4% to 7,343, with shares in China's Evergrande down some 11% in Hong Kong, adding further pressure on a subdued local market. The real estate sector bled out in late trade, despite Domain (DHG) touching an intraday record high. Materials and gold miners also lower, the price of gold disgracing itself over night. The genuine laggards on Friday were the newly listed Centuria Industrial REIT (CIP) and Ramelius Resources (RMS), down 5.5...
Sep 24, 2021•13 min•Season 2Ep. 172
The S&P/ASX200 closed up Thursday, gaining 73 points or one per cent to 7,370, the US Federal Reserve offered a measured description of the taper to come. Wall Street rallied as did China's slow-motion trainwreck, Evergrande. In Hong Kong, shares in the property developer jumped over 20%. That doesn't erase the US$300 billion of debt, it won't cover the 80% shed since January and the company's fate remains the best cautionary tale for China's official narrators. On the local index energy, te...
Sep 23, 2021•10 min•Season 2Ep. 171
