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ASX holds onto gains, retail pain on show at Myer (ASX:MYR), another sell off to end the week The ASX 200 (ASX:XJO) managed to stave off weakness in the afternoon, finishing 0.5%, despite a much stronger lead from the US markets. The telecommunications and materials sectors including the likes of Telstra (ASX:TLS) and BHP (ASX:BHP)…

9 in 10 stocks fall, energy under pressure, but ASX to open higher after US relief As the saying goes, sharemarkets take the stairs up and the elevator down. The ASX 200 (ASX:XJO) followed the global lead finishing 2.2% lower, with all but 13 stocks in the index finishing lower. Energy companies including Woodside Petroleum…

Superhero, has launched its platform offering at $5 flat trades for ASX stocks in a bid to capture Australia’s millennial market.

In this piece, we compare two funds in the wholesale infrastructure space: the AMP Capital Core Infrastructure Fund and Magellan’s Infrastructure Fund, both pioneers in the space with a great track record. Infrastructure funds provide investors opportunity to invest in vital assets, such as bridges, airports, toll roads, ports, electricity, gas and water utilities, energy…

What’s going on? Obviously COVID-19 is affecting international and domestic travel. There are hardly any passengers passing through Sydney Airport. In July 2020 there were international passengers (down 97.2% from a year ago) and 276,000 domestic passengers (down 88.5%). Total passengers were down 91.8%. July actually represented a brief recovery in domestic traffic when there…

US markets continue to fall, ASX to open lower, rent collections improve, payroll data

Victorian lockdowns extended, markets remain calm, Labor Day holiday in the US, ASX to open higher

Worst day since May 1, US stems losses, ANZ suggests the worst is yet to come The ASX 200 (ASX:XJO) delivered its worst day since May 1, falling 3.1% on Friday, following the lead of global markets. With the US markets heading lower on concerns of technology sector valuations, the local sector fell 5.6% on…

It’s back: US markets down over 4%, dividends the story of the day, a deal with the devil The ASX 200 (ASX:XJO) finished another 0.8% higher, with everything but the IT, materials and utilities sectors adding to the rally. As reporting season comes to an end, dividend payments are driving daily movements with BHP Group…

Turnaround: markets look past recession to the future, AMP in hot demand, another positive lead ahead The ASX 200 (ASX:XJO) staged a remarkable recovery, adding 1.8% even as we received confirmation that the economy had contracted by 7% in the June quarter. The rally was broad-based with industrials and materials improving on the back of…

TikTok can be described as a social networking app, primarily used by millennials, to share and view amateur video content. The app is Chinese owned. Known as Douyin, owned by ByteDance. As of August 2020, TikTok, had surpassed 1 billion users worldwide in less than four years. How does it work? Users film videos of…

Precious little pricing: why valuation uncertainty takes shine off gold Gold remains a problematic asset class for investors despite a glittering performance in recent times, according to a new paper by Auckland consultancy firm, Makao Investments. The Makao analysis says gold has increasingly popped up in investment strategy discussions of late following a “stellar run”…