CommSec Daily Report Wednesday
Latest newsAussie shares are losing ground for a second day, with the ASX 200 index slipping by close to 0.3 per cent at lunch on Wednesday. US stocks provided a softer lead with the Dow Jones down 1.5 per cent (after a long weekend) as investors reacted to the IMF’s cut to global growth forecasts….
The US Financial System Is In Danger Of Collapsing, Researcher Warns
By Ron Hera, Hera Research, LLC Famed Austrian economist Ludwig von Mises wrote in his seminal work, Human Action (originally published by the Yale University Press in 1949), that “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come…
Green hypocrites? Behaviour change in a consumerist society
By Peter Newton, Swinburne University of Technology Many Australians are happy to declare their interest in sustainability, to reducing their environmental impact. But how many of them are prepared to reduce the amount they actually consume? We recently explored whether Australian households have an “attitude-action gap” on environment and consumption. We surveyed 1200 Melbourne households,…
Cashing in on Cloud Computing
Cloud computing was declared the ‘next big thing’ almost a decade ago – and the following revenue chart from IT market research firm the Yankee Group suggests the pundits were on the money. A “cloud” relies on an outside source to undertake computing tasks. A good example is Google Maps and Google Earth; these software…
Avoid Getting It Wrong This Reporting Season
Market reaction to full year or interim earnings releases is hardly predictable as is evident this reporting season. Stocks with fairly solid earnings have been aggressively sold off, while the market has rewarded other companies revealing eye-opening losses. Indeed, irrational price movements surrounding earnings season call into question the theory that share prices reflect company…
Will Junior Gold Miners Rally or Bust?
Contrarian investors everywhere often look to 52 Week Rolling Low Lists for buying opportunities. This is a strategy fraught with considerable risk, as even if the market sentiment is wrong about a particular stock or sector, buying into a company on a downward trajectory can lead to an investment that keeps falling and falling. Early…
Aussie property slowdown has just begun
These days it’s cheaper to buy a home in the playground of New York’s rich and famous, The Hamptons, than it is to buy in most Australian capital cities. Home prices in New York’s beachside retreat fell 13% last year, and are expected to tank again this year. Today, the median sale price in The…
Opportunities galore in Aussie shale gas boom
Australia has ambitious plans to unseat Qatar as the world’s leading supplier of Liquefied Natural Gas (LNG) but internationally renowned oil and gas consulting firm Wood Mackenzie warns we Aussies should be looking in the rear view mirror. The Yanks are coming. At the dawn of the 21st Century natural gas prices in the US…
6 Stocks On Takeover Alert
One way to generate capital growth in this market is to own shares in listed takeover targets. Suitors generally pay a handsome share price premium for an acquisition. If the premium is big enough, the target’s board may recommend the deal. Companies with good assets, earnings, prospects and manageable debt appeal as potential takeover targets….
Stocks to watch at noon on Monday
Stocks to watch on the Australian stock exchange at noon on Monday: ADD – ARDENT LEISURE GROUP – down one cent, at $1.035 Queensland’s embattled tourism industry can ill afford a transport strike, says Premier Anna Bligh. BOW – BOW ENERGY LTD – up 1.5 cents, or 1.03 per cent, at $1.475 BOW says it…
