Friday Close Change Change % Change Week % Dow Jones 52,573.29 509.19 0.98% -0.73% S&P 500 7,656.98 65.28 0.86% -0.63% NASDAQ 26,333.04 251.13 0.96% -0.56% […]
Zip Co and Tyro have been left for dead by the market this year, while Afterpay and Xero have gone the other way. Is this a case of the market getting it right, or has it thrown out a couple of babies with the bathwater? Let’s take a closer look…
Week one of the scariest month for stocks and fear was contained but concerns about debt levels and rising bond yields have markets on edge. This is all understandable with sticky inflation readings, kinked to possibly stronger-than-expected economies, and central banks both in the US and Australia tossing up about an official rate rise or two!
Just weeks ago I liked ETFs built for a rate-cutting world. Now the RBA looks like it might hike again, and that changes everything I’d back. Here’s my updated playbook, sector by sector.
Friday Close Change Change % Change Week % Dow Jones 53,559.99 -9.45 -0.02% 0.41% S&P 500 7,711.76 -19.23 -0.25% 0.78% NASDAQ 26,402.42 -138.93 -0.52% 1.41% […]
A wild share price swing and a run of bullish broker notes have subscribers asking about Audinate again. Peter Switzer looks at why AD8 has roared back to life, and whether it is worth a spot in your portfolio.
Just when you think it makes sense to be cautious with equities, you can count on the Yanks on Wall Street to find a silver lining inside a dark cloud. And this sounds like a fair call, with all US stock market indexes heading for a 'green on the screen' Friday finish, though for the week it was an 'in-the-red' story.
Over the next two weeks we will get the earnings show and tell from a number of companies that have had shockers over the past year or so but recently they have been ‘forgiven’ or at least trusted to perform better than expected. Given the fact that many such as Xero, WiseTech, CSL and others have picked up a get-out-of jail card of late, these companies will need to deliver something positive, or at least not give any new bad news.
US stocks overall are heading for the third winning week in a row, and you can thank the spectacular earnings reports of most companies that have been on 'show-and-tell' over the past three weeks. Given the prevailing concerns about the future because of Iran's impact on oil prices, inflation and interest rates, the fact that FactSet reports that more than 90% of S&P 500 companies have posted second-quarter results, and earnings growth from the year-earlier period is tracking around 50%.
While flying home from London, I looked back at last week’s Switzer Report to see how our experts’ calls performed. The short answer: very well […]
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