Dear %%first_name%%,
Trump fans who like to make money from their investments have to feel conflicted right now, with the US President single-handedly putting the global economy on track for recession, driven by his weaponization of tariffs. For the Report today, I look at Donald’s damn dramatic trade war and how shareholders should play it!
Also in the Report, Paul Rickard looks at how our income and growth portfolios performed in May. Our model portfolios tracked the market higher, recording gains for the 5th consecutive month.
There’s a startling performance gap between the top and bottom halves in the S&P/ASX 100. The group of companies ranked 51 to 100 in terms of market cap has its own index, the S&P/ASX MidCap 50. Investors wanting to back the MidCap 50, to redress its performance lag to the large caps, might also be looking to compound that strategy by looking for the best-value opportunities in the MidCap 50. In his article today, James Dunn gives you 5 candidates for such a strategy.
And in Buy, Sell, Hold, – What the Brokers Say, for the week ending Friday 31 May 2019, FNArena registered 17 downgrades in recommendations for individual ASX-listed stocks against only 8 upgrades. Adding to the somewhat lopsided picture, only 3 upgrades moved to Buy. These all came from stockbroker Morgans and went to Costa Group, Genex Power and OZ Minerals.
In our Hot Stock today, CMC Markets’ Chief Market Strategist, Michael McCarthy explains why he likes Costa Group (CGC) and doesn’t like Eclipx Group (ECX).
And finally, click here to register for this month’s webinar where Paul and I will be joined by Charlie Aitken to discuss what stocks to buy and sell for the end of the financial year.
Enjoy the read and your week!
Sincerely,
Peter Switzer