As the banks ‘melt up’, which bank?
Here’s a review of what we learnt about the banks, and I give you my position in relation to the question about how to play the banks going forward.
Paul Rickard has more than 30 years’ experience in financial services and banking, including 20 years with the Commonwealth Bank Group in senior leadership roles. Paul was the founding Managing Director and CEO of CommSec, and was named Australian ‘Stockbroker of the Year’ in 2005. In 2011, Paul teamed up with Peter Switzer and Maureen Jordan to launch the Switzer Report, a newsletter and website for share market investors. A regular commentator in the media, investment advisor and company director, he is also a Non-Executive Director of Tyro Payments Ltd and PEXA Group Limited.
Here’s a review of what we learnt about the banks, and I give you my position in relation to the question about how to play the banks going forward.
After their big sell-off, are the rare earth miners now in the “buy zone”? When is the Annual Return for an SMSF due for lodgement to the ATO? Are the major brokers bullish on Cochlear? Is there still time to get out of the Westpac Dividend Re-Investment Plan?
Our model portfolios finished higher in the month. Year-to-date, our income portfolio continues to perform strongly. Let’s look at how they’ve performed so far this year.
After CSL’s horror trading update, have the brokers cut their target price and if so, by how much? With capital gains tax, what are the rules if I only sell part of my share. Do I have to use FIFO? What do the brokers think of CAR Group? Is there a code I can use to see how the top 20 companies are performing?
Woolworths and Coles are so close and many fund managers don’t see the need to invest in both companies. Let’s have a look at their recent earnings and sales reports and what the brokers say to see whether Woolworths is now “cheap enough”.
Are Treasury Wines and Woolworths “cheap” and a buy for capital gain over the next 1-2 years? What do the brokers think of rare earths miner Arafura? What is a “first” strike?
Last week, BOQ announced its full year results. Let’s take a closer look at that result to see if it's a buy again!
What are the changes to ANZ’s dividend? Treasury Wine Estates has been smashed again – do the major brokers see upside? Why is ASIC’s short sales data so far behind the actual selling action? What time in Australia in the morning does the US share market (Wall Street) close for the day?
Each Saturday, we publish a list of the 20 most shorted stocks. Short sellers are bearish on uranium and remain concerned about lithium. Let’s take a look at these two plays, along with medtech/pharma and data centres.
Should I take up my rights in Eagers Automotive? Given the reports on ASX Limited, do the brokers see upside? With super, should I wait until the accounts are finalised before making a personal contribution? Who are the major copper miners in Australia?
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