Working at Home Tailwind for Tech Stocks
The second quarter of 2020 drew to a close with both the ASX 200 and the US Dow Jones Industrial Average (DJIA) posting impressive gains, with the Dow’s 17.8% rise bested by the ASX 200 increase of close to 20%. For the ASX that move has not been seen here for more than two decades,…
Junior Gold Explorers to Watch
On occasion market experts have anointed wild swings in market volatility as a market with a “split personality.” It would be hard to argue that market movements since the potential scope of the COVID-19 Pandemic began to become obvious in mid to late February of 2020 has been anything but volatile. On 19 February markets…
Targeting the 52 Week High Lists
Investors worldwide appear to be questioning the probability of a quick v-shaped economic recovery from the COVID-19 pandemic. Contributing to the dashing of those hopes, at least for this week, is the rising number of COVID-19 cases in parts of the US and now in China and in our own state of Victoria. Towards the…
Biotechs Working on COVID 19
On 11 June Aussie investors got a wake-up call from the chairman of the US Federal Reserve, Jerome Powell, sending the ASX 200 plunging 3%, its worst close in six weeks. US markets followed suit, dropping 4.25% by midday on the 11th and closing down 6.9%, dropping 1,861 points. However, although the ASX closed the…
Is Construction and Infrastructure Spending Coming?
Early in the first trading week of June the ASX 200 rallied yet again to hit its highest close since the 6th of March, with the 3 June closing at 5,941.6, up 1.83% from the previous day. The following day our market hit a new 13 week high. Investors appear eager to accept the positive,…
Diversified Financials in a Post-Pandemic World
“Investors Should Brace for another Market Sell-off, Analysts Warn” That was the title of an 11 May article appearing in thenewdaily.com.au. Given the bullish tone of late in the ASX in particular and global markets in general, this appears a minority sentiment and an outright contrarian view. Within the article lies a kernel of common…
Agriculture Niche Players to Watch
In a simpler world, “reality” would present a single face. It is arguable whether the world has ever been “simple,” but few could debate the complexities of the times in which we live. Today reality can present multiple faces, further distorted by perceptual filters. On the morning of 21 May in the US, where trends…
A Contrarian View of the Buy Now Pay Later Sector
Bullish investors gleefully ploughing money into global stock markets were given a wakeup call on the morning of 13 May when a leading US-based hedge fund manager called the current stock market the most overvalued since 1999 right before the dot.com bubble popped. This was the second contrarian warning from a key US player this…
Renewable Energy in the Post COVID-19 Era
All over the world countries are already or soon will be dipping their toes into the process of lifting “stay at home” efforts. It seems the global consensus, which may be in error, is that COVID-19 is slowly winding down, opening the door to efforts to begin reviving economies crushed by the lockdowns. The financial…
Survival of the Fittest – Iron ore versus Oil
One month ago, the ASX closed its worst trading month in history. One month later, the ASX has closed its best trading month ever. In the US, the Dow Jones Industrial Average (DJIA) recorded its best month in 33 years. Volatility persists, as market sentiment bounces back and forth between enthusiasm over any news on…
