Dear %%first_name%%,
All the talk in market circles today is of NAB’s announcement that chief executive Cameron Clyne will be leaving later this year. Many are saying it could be a game changer for NAB but it didn’t seem to bother stocks too much. Financials were down slightly in morning trading but the rest of the market was up, following a good night on Wall Street.
CEOs are very important, but so are business models. Today, Charlie Aitken explains why you should always buy the tracks – i.e. Telstra – over the train, particularly when the trains are looking a little expensive.
Also in the Switzer Super Report, we have Gary Stone’s technical analysis of Suncorp – which could be set to go higher, Roger Montgomery’s view on upcoming IPO Japara Healthcare and in Buy, Sell, Hold – what the brokers say, Tatts and Independence Group get upgrades.
Tony Negline looks at what happens when all members of an SMSF are deceased under an individual trustee structure and in Short ‘n’ Sweet we examine how well our internet calls have done over the past weeks.
I caught up with Paul Rickard on Super TV during the week to talk about short selling and whether or not you should be bothered if a company has a large short position and in Questions of the Week, Charlie Aitken responds to a query about Seven Group.
Sincerely,
Peter Switzer
What does it mean if a company is on the short selling list? Should you give it a wide berth? I sat down with Paul Rickard during the week to discuss that very dilemma. Watch the video here.