Dear %%first_name%%,
As we all gear up to wind down tomorrow afternoon for the race that stops a nation, market exuberance is causing us all to worry. Today I put forward my argument for why this time it really is different and why I don’t think we’re heading for a big market correction at all.
My view is backed up by our new chartist, Gary Stone, who thinks we might be in for some small corrections, but the overall direction will be up. You can read Gary’s view on the All Ords index, below.
Also in the Switzer Super Report today we have our monthly portfolio review. Paul Rickard explains how the Switzer portfolios have beaten the index by 3.4% and 5.1%…again!
In Buy, Sell, Hold – what the brokers say, Rudi Filapek-Vandyck finds that Woolworths was upgraded as NAB got a downgrade, and auction activity takes a breather in Melbourne for Derby Day.
Speaking of racing, James Dunn is tipping Fiorente, Voleuse De Coeurs, Green Moon and Mount Athos as a box trifecta for Melbourne Cup and Tabcorp and Tatts for your portfolio.
Happy racing!
Sincerely,
Peter Switzer
It’s Melbourne cup tomorrow! Well, of course you knew that, but if you want to know who the bookies are backing following Tom Waterhouse when he appeared on my show