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As Australia gears-up to loosen restrictions, end lockdowns and reopen for business, the question many are asking is whether now is a good time to enter the market? Roger Montgomery, founder and CIO of Montgomery Investment Management, answers this in a short article titled, “Three reasons why I am still bullish on this market.” Despite…

The travel sector was the star performer of the ASX today. Shares in travel retailer Flight Centre Travel Group Limited (ASX: FLT) led the charge, finishing nearly 10% higher by the end of the day. Modest gains were also seen by Webjet Limited (ASX: WEB), up 2.9% and Corporate Travel Management Limited (ASX: CTD), up 3.3%. Is now the time to…

RBA halts sell off, record trade surplus, gold rallies The S&P/ASX200 (ASX: XJO) staged a mid-session recovery finishing down just 0.4% after being as far as 1% lower. The selloff was broad-based in terms of sectors with eight of the 11 sectors finishing in the red, but by and large it was focused on the tech sector which fell…

ASX rallies on COVID treatment, travel takes off, real estate boom The S&P/ASX200 (ASX: XJO) followed a strong global lead to finish 1.3% higher as investors digest Merck’s potential COVID-19 treatment. Positive news in the vaccine rollout following Prime Minister Morrison’s border opening last week meant the consumer discretionary sector was among the top performers, up 1.7%. Within the sector it was all…

Volatility returns, market drops 2.1%, banks lead sell off The S&P/ASX200 (ASX: XJO) finished Friday and the week down 2.1%, after recovering most of the week’s losses on Thursday. The selling pressure in the US flowed into the Australian session as investors remain fixated on the emerging threat to energy supplies along with the reduction in policy stimulus. In Australia…

Having witnessed the strong growth in ETF issuers that joined the ASX during the first half of 2021, the team at Loomis Sayles has launched an active exchange-traded fund (ETF) version of its global equity fund for Australian investors, under the name of the Loomis Sayles Global Equity (ASX:LSGE). Using the three alpha drivers of…

The Afterpay-backed Touch Ventures (ASX:TVL) formally joined the ASX last week, raising $100 million at 40 cents a share. The new listing is backed by the Buy Now Pay Later platform, which has 24.3 per cent stake, originally 44 per cent. Shares listed at 40c and rose by 40 per cent to 74 cents before…

There are always some good quality ASX shares that could be worth looking at. October 2021 could be the month to jump on those ideas. When you can find quality businesses at a nice price, then it gives investors a better chance of producing attractive returns over time. Looking at the current opportunities, I think…

The FAANGs are ubiquitous in the 2020s, and the 2010s for that matter, with those unwilling to invest in these world-changing businesses ultimately being left behind. Whether you were a traditional ‘value’ investor or someone seeking fully franked dividends in Australia, if you didn’t own Google at some point in the last decade, you have…

ASX delivers best day in six months, buying the dip, iron ore rallies The S&P/ASX200 (ASX: XJO) finished what has been a difficult month on an extremely strong note, finishing 1.9% higher. This was the largest single day gain since November 2020, right after the vaccine was approved. A number of factors likely coincided today, with 30 September…

Sell off continues, bond yields spike, Smartgroup under offer The S&P/ASX200 (ASX: XJO) recovered during the session finishing 1.1% lower after falling as much as 1.5%. The weakness came from a negative global lead with long-term bond yields spurring investors to act on comparatively high equity market valuations. In Australia, the 10-year bond yield has jumped from close to 1.0%…

1. AGL Energy Limited (ASX: AGL) Australia’s oldest energy business, AGL, has had a turbulent four years falling 79% from its highs in 2017. Its balance sheet looks to be carrying too much debt and its legacy coal assets are no longer as profitable. It’s not all management’s fault though. Outside factors including falling wholesale energy…