Alpha Recommendation: Buy – Elevate Uranium Ltd (EL8)
The recent legislative changes in the U.S., banning the import of Russian enriched uranium, have precipitated a notable shift in the uranium market dynamics.
Balanced Portfolio Recommendation: Buy 3% Macquarie Group Ltd (MQG)
We recommend buying shares of Macquarie Group Limited (MQG) based on its appealing technical indicators, relative undervaluation within the banking sector, and attractive dividend yield.
Bulls vs. Bears: Investors Interpret Fed Through Rose Coloured Glasses
The U.S. earnings season continues to unfold with notable performances and surprises. This week, several key companies reported significant shifts in their business dynamics, reflecting broader economic pressures and opportunities. Stagflation concerns persist as U.S. growth decelerates while inflation pressures mount, challenging central banks and impacting global market sentiments.
Alpha & Balanced Portfolio Recommendation: Add 1.5% Liontown Resources Ltd (LTR)
Liontown Resources’ March 2024 Quarterly Activities Report highlights substantial progress at the Kathleen Valley Lithium Project, currently 90% complete in process plant construction and over 85% overall project completion.
Balanced Portfolio Recommendation: Energy Rebalance Switch 2% Woodside Energy Group (WDS) to Karoon Energy Ltd (KAR)
By selling Woodside Energy Group and buying Karoon Energy, we strategically increase our portfolio’s exposure to crude oil.
Closing Bell 23rd April: Copper Nears $10,000 Milestone
Copper prices inch towards the $10,000 mark as global demand surges and supply disruptions persist, signaling a robust recovery in the industrial metals sector.
Closing Bell 22nd April: Geopolitical Ease Fuels Market Recovery
The S&P/ASX 200 Index rose by 0.9%, driven by reduced geopolitical tensions and positive economic signals from China, showcasing a rebound in investor confidence.
Balanced Portfolio Recommendation: Add 3% Newmont Corp (NEM)
Recent rumors suggest that Israel has launched a military strike in Iran. This development can potentially escalate tensions in the Middle East, leading to increased geopolitical uncertainty.
Closing Bell 18th April: ASX Iron Ore Giants Climb as Demand Dynamics Shift
ASX-listed iron ore heavyweights see gains as global demand wavers, influencing a notable uptick in the S&P/ASX 200 amidst evolving economic conditions.
Alpha Recommendation: Sell Take Profit – Droneshield (DRO)
Our initial buy recommendation was at $0.72. Since then, DRO has experienced a decent upside move, largely due to the escalating situation in the Middle East, which has amplified the need for DroneShield’s offerings. With the share price now touching $0.95, our designated exit point, we have achieved a profit of 31.95%.
Bulls vs. Bears: Major Banks Set to Reveal Q1 Earnings Amid Rising Costs and Challenges
Silver shines with an 8% gain in March, signaling potential outperformance over gold, bolstered by demand in tech and green energy sectors.
Closing Bell 10th April: ASX Climbs on Mining and Health Sector Strengths Amid Optimistic Iron Consumption Forecasts
The Australian share market experienced a notable uplift, primarily driven by a surge in mining stocks amidst optimistic forecasts for iron ore consumption.