Alpha Portfolio Recommendation: Buy – Judo Capital Holdings (JDO)
A bounce in the Lithium spot price after a dramatic year long fall should see Liontown bounce back towards it $3 takeover bid price
December 2023
Balanced Portfolio Recommendation: Buy Pilbara Minerals Ltd (PLS)
Investing 1% of our portfolio allocation in PLS presents a compelling opportunity. PLS stands as the most shorted stock on the ASX, with a substantial 20.45% short interest. This indicates potential for a short squeeze, which could lead to a rapid price increase.
Pre-Market Pulse 14th December – “party in the USA” as Dow reaches record high on Fed cuts next year
The Dow closed at record high Wednesday after the Federal Reserve’s decision to keep rates unchanged, but forecast deeper rate cuts for next year, pushed growth stocks including tech sharply as Treasury yields slumped.
Closing Bell 13th December: Argentina’s Bold Move Peso Devalued by 50% in Economic Overhaul
Argentina takes drastic action, devaluing the peso by 50% amid severe economic challenges. President Milei’s tough measures aim to stabilize the crisis-hit economy.
Balanced Portfolio Recommendation: Buy Uranium URNM ETF
URNM provides exposure to leading global companies involved in the mining, exploration, development and production of uranium, modern nuclear energy, or that hold physical uranium or uranium royalties
Pre-Market Pulse 13th December – Inflation continues to cool as Investors wait for Fed meeting
Stocks finished higher overnight led by tech as an ongoing slowdown in inflation kept hopes for an early rate cut next year alive just as the Federal Reserve readies its monetary policy decision slated for Wednesday.
Closing Bell 12th December: Chemist Warehouse to list on ASX
Chemist Warehouse with an $8.8 Billion reverse takeover of Sigma Healthcare
Pre-Market Pulse 12th December – Investors remain upbeat despite looming inflation data & Fed meeting
Stocks finished higher overnight as investors continued their bullish bets on risk assets, a day ahead of fresh inflation data and the Federal Reserve’s final two-day policy meeting this year.
Closing Bell 11th December: Bitcoin Plunges 7% Crypto Market Shaken as Major Token Nears $40,000
Bitcoin’s notorious volatility strikes again, plummeting towards $US40,000 in a major sell-off, sparking concerns in the broader crypto market.
Conservative Portfolio Recommendation: Switch – Sell Elders (ELD) buy Graincorp (GNC)
Value switch in the agricultural sector
Pre-Market Pulse 11th December – Santa rally continues as Payrolls figures shows US economy remains firm
Equities continued their dream run with the major indices locking in 7 weeks in a row of gains, a feat not accomplished since 2019