Today on TV (BizTech Asia TV), I spoke about second half equity sentiment being on a bullish runaway for three reasons, from baking in a potential Trump win, to Fed rate cuts to financial conditions easing. We saw that shaping up overnight with S&P 500 setting another new record, closing above 5,500 for the first time wit...
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The biggest US banks including Goldman $Goldman Sachs(GS.US$, BofA $Bank of America(BAC.US$, Citi $Citigroup(C.US$ and Wells Fargo $Wells Fargo & Co(WFC.US$ boosted their dividend payouts after passing the Fed's annual stress test.But the US banking sector's average forward dividend yield of 4.00% (as per consensus for the year ahead), still lags under Australian counterparts.
American Banks ...
American Banks ...
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Columns More money to flow into US stocks amid overnight trading boom, US elections and 1H fuelled momentum
The boom in overnight stock trading, on one hand, is stoking angst on Wall Street about potential trouble and increasing volatility after dark. Some industry veterans think oversized moves and rising short-term speculation could also put added pressure on markets outside of the US. Given financial conditions are easing from July (with the Fed allowing its balance sheet to run off), we could continu...
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Firstly consider- Trading and investing in US stocks is unprecedented. This has been supported by the advent of fractional shares and 24-hour trading. But backing it up, more Aussies chasing momentum and strong forward earnings growth in the US.
I see this pivot increasing this year given the RBA and Fed are two Ying and Yang trajectories. Note that the RBA is more likely to hikegiven CPI is picking up (present active tense - Yes, inflation is picking up ...
I see this pivot increasing this year given the RBA and Fed are two Ying and Yang trajectories. Note that the RBA is more likely to hikegiven CPI is picking up (present active tense - Yes, inflation is picking up ...
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The second half of the year usually kicks off with a bang as investment managers deploy capital from profits taken off the table in late June. This is what makes July traditionally one of the best months for equity returns for US and Aussie shares.
In fact, over the last 20 years, the best performance is seen in July, with the S&P 500 gaining 2.6% on average, while the ASX 200 has generated the best return in July as well, with an averag...
In fact, over the last 20 years, the best performance is seen in July, with the S&P 500 gaining 2.6% on average, while the ASX 200 has generated the best return in July as well, with an averag...
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It's hard to believe that almost two years ago, just 16% of Aussies held direct international shares (according to the ASX Investor Study), but now Aussies are investing and trading in US stocks like never before. See Instagram post for more or read on
With the 2024 financial year just closed off June 30 2024, we had a game changing year as investors chased momentum and returns, backed by strong earnings ...
With the 2024 financial year just closed off June 30 2024, we had a game changing year as investors chased momentum and returns, backed by strong earnings ...
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Over the last three weeks investment managers have been BIG net buyers of $PDN, with many taking advantage of its 31% pull back from May. Still, PDN is up 82% over the last 12 months.
Today's ASX $PDN announcement was pleasing. Its production ramp-up and product inventory build-up are underway, ahead of the first customer shipment which is expecte...
Today's ASX $PDN announcement was pleasing. Its production ramp-up and product inventory build-up are underway, ahead of the first customer shipment which is expecte...
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Look at my chart. Rate hikes aren't slowing the biggest contributors to CPI. Rate hikes are just hurting 50% of the population (who live week to week). 1- Look at the correlation with CPI (orange), the oil price (in white), the Au ga spump price (blue), residential property prices (purple). But remember the RBA has...
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You don't get these moves on the ASX often, right?
So what's the Rivian story?
1- Rivian $Rivian Automotive(RIVN.US$ partnered with Volkswagen, who plans to invest an $5 billion in the company
2- In exchange VW will access Rivian's technology to develop “next-generation” battery-powered vehicles, while will also access its software.
3- Still, the EV industry is still struggling with margin compression....
So what's the Rivian story?
1- Rivian $Rivian Automotive(RIVN.US$ partnered with Volkswagen, who plans to invest an $5 billion in the company
2- In exchange VW will access Rivian's technology to develop “next-generation” battery-powered vehicles, while will also access its software.
3- Still, the EV industry is still struggling with margin compression....
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Nvidia $NVIDIA(NVDA.US$ shares have pulled back 16% and I think it could maybe pull back further if you look at the next level of support and the Fibo retracement levels. This doesn't mean Nvidia has changed, it's fundamentals are still sound and strong. Nvidia is rated a buy by 89% of sell-side analysts with its revenue expected to grow 98% next year.
But i...
But i...
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