Week Ahead, Tesla | A2 Milk Update

Week Ahead, Tesla | A2 Milk Update

In terms of the week ahead, investors will be looking for guidance from the world’s Central Bankers as they meet (virtually) at the Jackson Hole symposium.  The topic this year is “Navigating the Decade Ahead: Implications for Monetary Policy”.

Earnings Results in Focus | Telstra Update, Plexure

Earnings Results in Focus | Telstra Update, Plexure

Closer to home, NZ lockdown extension measures were announced that were largely "as expected", and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor

Technology Stocks Retrace |  Z Energy Update

Technology Stocks Retrace | Z Energy Update

Technology stocks led market declines after an unexpected rise in jobless claims , with tech partially reversing recent gains even as Microsoft and Tesla released solid quarterly earnings figures.

Jobs Numbers Surprise | Kathmandu Jumps

Jobs Numbers Surprise | Kathmandu Jumps

Global markets were higher overnight with the Nasdaq technology index hitting an all-time high as the run of positive economic data continues, offsetting concerns of a second wave of covid-19.

Australasian Outperformance | Ryman

Australasian Outperformance | Ryman

While global markets snapped back sharply last week on profit-taking, NZ and Australasian markets did not sell-off as hard. We continue to believe Australasia provides a relative safe-haven, primarily given how well both countries have controlled covid-19

Stocks Snap Win-Streak | CSL

Stocks Snap Win-Streak | CSL

Markets were lower Thursday as concern the recent rally had gone too far overshadowed new stimulus measures and encouraging economic data. CSL shares have held up extremely well early in the covid-19 sell-off, but have underperformed over the last month.

Blockbuster NZ Budget | Xero

Blockbuster NZ Budget | Xero

The big news yesterday was the New Zealand government revealing a budget with a $50 billion covid-19 recovery fund to soften, but not prevent, the coming recession.   Construction ($5bn on housing) and infrastructure (another $3bn for projects) are the se

Week Ahead | Aussie Banks Under Pressure

Week Ahead | Aussie Banks Under Pressure

​In an extremely unusual move, National Australia Bank has reported its results to the ASX almost a fortnight early as it seeks an extra $3.5 billion of investment from shareholders. The bank reported a -51​% slump in half-year profit to $1.3b​n yesterday

Top 10 Stock Picks in a Covid-19 Recovery

Top 10 Stock Picks in a Covid-19 Recovery

We think it is time to start “averaging into” stocks, as it appears the market is starting to now differentiate between the stocks and sectors which will face major problems for an extended period and those which are relatively immune.

Markets Capitulate | Auckland Airport Highlights Travel Woes

Markets Capitulate | Auckland Airport Highlights Travel Woes

Global markets went into free-fall overnight with the US market down -9.5%, the worst one day performance since Wall Street’s “Black Monday” crash of 1987.