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Seventh heaven, China bans coal, Telstra (ASX:TLS) dividend boost, US markets fall The S&P/ASX 200 (ASX:XJO) reached its highest point in seven months, passing 6,200 points after improving 1.0% on Tuesday. This takes the rally to seven straight days with all sectors except materials finishing higher. The financial sector continues to outperform as economic conditions…

Six days in a row, Link (ASX:LNK) under offer, banking rally, US rally continues The market managed to eke out a six-straight day of gains, finishing 0.5% higher to start the week. The banking sector experienced a late rally adding 1.2% with ANZ Banking Group Ltd (ASX:ANZ) the leader. But it was the technology sector…

Markets have strongest week in months, ASX up 5.4%, S&P 500 up 3.9%, stimulus on again asx 200, asx shares, asx today, share prices, stockmarket, australian stockmarket, trump corona, nasdaq today, nasdaq share prices, sp500, s&p500 today, 2020 budget, federal budget, australian share prices, us share prices The theme of the week was stimulus, with the…

Longest winning streak since July, go slow at Transurban (ASX:TCL), Zip (ASX:Z1P) up 9%, US markets continue to creep higher The ASX 200 (ASX:XJO) has delivered its longest winning streak since July, finishing 1.1% higher as the budget stimulus continues to reverberate through markets. The announcements have been well received by the corporate sector, despite several shortcomings….

ASX budget bounce, a long list of winners, IPOs closing in, US markets hit one month high The ASX 200 (ASX:XJO) overcame a weak lead form the US to deliver its strongest budget bounce since 2002, jumping 1.3%. It will likely take several weeks to digest the true implications of this budget, particularly those sectors that…

While the active versus passive debate rolls on and on across the investment world, some active managers have gone to the ‘dark side’, at least partially, by adding more quantitative inputs for new strategies, such as thematic investing. The concept of ‘thematic’ investing, which describes the strategy of identifying sectors of the economy expected to…

Here’s the fourth instalment of our series on the fascinating ASX cohort of medical device developers. ImpediMed (IPD, 8.1 cents)Market capitalisation: $83.8 millionThree-year total return: -52.7% a yearAnalysts’ consensus target price: 14 cents (Thomson Reuters) You would not know it from the share price performance over the last few years, but Brisbane-based ImpediMed has put…

ASX struggles higher, rates on hold, giant gold merger, US stocks fall The ASX 200 (ASX:XJO) struggled to a 0.3% gain on Tuesday, the energy, +2.3%, and materials sector, +1.1%, the key contributors. The biggest news was the ‘merger of equals’ between Australian gold miners Saracen Minerals (ASX:SAR) and Northern Star Mining (ASX:NST). The merger…

Rollercoaster continues, ASX finishes 2.6% higher, Budget night ahead, US rallies 1.6% The ASX 200 (ASX:XJO) delivered its strongest day in four months, adding 2.6% despite the public holiday in NSW and much lower volume as a result. The positive news was threefold; the Government announced that tax cuts would be brought forward and back dated…

Trump’s positive COVID-19 test sparks volatility, ASX falls 1.4% Volatility is on the rise, the ASX 200 (ASX:XJO) falling 1.2% at the open before gradually recovering. The index then capitulated on the news of President Trump’s positive COVID-19 test as investors quickly shifted to a risk off mood. The ASX 200 finished the day 1.4% lower…

October starts on the front foot, fiscal stimulus in focus, property improving October started better than September finished, the ASX 200 (ASX:XJO) finishing 1.0% higher as Prime Minister Scott Morrison began announcing his fiscal stimulus package and US Congress appeared to be nearing a deal on one of their own. The Federal Government is turning to…

ASX 200 falls 2.3%, oil price tanking on second wave concerns, utilities profits hit, US posts a positive finish The ASX 200 (ASX:XJO) finished Wednesday 2.3% lower taking the loss to 4.0% for the month; the first negative result since March and down -1.4% for the quarter. The energy sector led the losses, down 4.2%, as a combination…