Alpha Portfolio Recommendation: Take Profit – Paladin Energy Ltd (PDN)
A recent rally in the underlying Uranium price. The we have hit the recent highs for Paladin and recommend taking half our position off for a quick scalp.
September 2023
Alpha Portfolio Recommendation: Sell- Stanmore Resources (SMR)
A recent rally in the underlying coal price and broker upgrades for Stanmore have seen consensus price targets shift to around $4, we hit our target exit price and took profit on the trade.
Pre-Market Pulse 29th September – Tech Investors “buy the dip” ahead of inflation data
Equites bounced overnight as investors bought the dip after recent weakness in tech stocks just as the rally in Treasury yields paused ahead of key inflation data tonight .
Closing Bell 29th September: ASX Faces Downward Pressure Amid Retail Slowdown and Global Oil Rally
Amid a global oil rally and bond market sell-off, the Australian Dollar tumbles, retail sales growth slows, and the ASX faces downward pressure in consumer stocks.
Pre-Market Pulse 28th September – Wall St ends mixed as long-term yields hit fresh 15-year highs
Equites ended mixed as the DOW was weighed down by new highs in long term treasuries, while the growth focused Nasdaq defied the elephant in the room, yet again, to finish slightly higher.
Closing Bell 27th September: Inflationary Pressures Test New Reserve Bank Governor
Michele Bullock faces a stern test as inflation hits 5.2%, exceeding the central bank’s target. The rise, driven by robust wages and energy costs, signals persistent pressures.
Pre-Market Pulse 27th September – US govt shutdown and higher bond yields weigh on equites
Equites closed at their lowest level since June (March for the Dow), as weaker consumer confidence data fueled worry about the economy just as consumers face higher for longer interest rates and inflation that could rein in spending.
Closing Bell 26th September: Surge in Treasury Yields Signals Extended High Interest Era
Explore the surge in Treasury yields signalling an extended high-interest era, the impact on global markets, and the steadiness in oil prices.
Balanced Portfolio Recommendation: Trim – Yancoal Australia Ltd (YAL)
A recent rally in the underlying coal price and broker upgrades for Stanmore have seen consensus price targets shift to around $4, We are generally bullish the energy sector and see SMR as a short term buy with a 10% trailing stop
Alpha Portfolio Recommendation: Buy – Paladin Energy Ltd (PDN)
A recent rally in the underlying Uranium price. We are generally bullish the energy sector and see PDN as a short term buy with a ~10% trailing stop
Pre-Market Pulse 26th September – Rising bond yields keep lid on equities
Equites edged slightly higher as Amazon fueled a rise in tech and a jump in energy stocks helped stocks wriggle away from the squeeze delivered by surging Treasury yields.
Closing Bell 25th September: Navigating Through Surging Oil Prices and Falling Iron Ore Futures
Surging oil prices and falling iron ore futures are creating a challenging landscape for investors, necessitating strategic navigation through this fluctuating financial terrain.