Commodities the key theme for stock markets this week
Despite the possibility of a soft opening this morning, the stock market starts a new week looking to consolidate last week's gains.
Buyers are back
Major share market indices sliced through key resistance levels in strong trading overnight, breaking the bear spell and suggesting the weakness of August and September is over. The bullish outlook is confirmed by rallies in key industrial commodities.
The Virtuous Circle
Calming markets and higher share prices are soothing fears, leading to higher investor confidence levels, which in turn sparks share buying, further calming markets and pushing share prices higher, lifting confidence further.
Afternoon Rally Reclaims Midday Sell Off
Aussie stocks were fierce out of the gates at the morning's open. Traders were eager to capture the momentum of Morgan Stanley overnight. In a note released by the bank, major miners BHP and RIO were both upgraded and enjoyed handsome gains following the release.
Why diamonds could be an investor's best friend
As the global share market gyrates, some investors are toying with the idea of allocating part of their portfolio to precious metals.
My top three takeover targets
Weak share prices, cheap debt and stagnant earnings combine to make an ideal takeover environment.
Six pre-retirement steps
If you're in the last decade before retirement, these are the key actions to take.
Commodities bounce to extend gains
Strong rallies in commodity indices, led by energy markets, should see local investors shrug off tepid US stock market leads to power shares higher today.
The power to right investment wrongs
"Robo advice" may sound like a buzz phrase, but the concept is very simple: a computer is told to find the mix of investments that will deliver an adequate return with minimum risk. The reason a computer is good at the job is because it involves many thousands of computations. That's the type of work humans were happy to hand over to computer programs decades ago. The process isn't totally clinical, however. A user needs to start with a realistic investment target.
Game Changer
Australian investors are set for further gains after weaker US jobs numbers deferred expectations of interest rate rises. The game changing non-farm payrolls read spurred positive moves in international shares and higher commodity prices.
Model portfolio updates and what's on at Eureka Report
Don't miss LIC investor relations expert Boyd Peters of Investment Company Services, while executive chair of peer-to-peer lender DirectMoney Stephen Porges takes your questions. Plus, an overview of our model portfolios.
Growth First model portfolio update
The largely small cap portfolio has added 9 per cent in its first quarter despite a falling market.
Income First model portfolio update
Despite launching in volatile trading conditions, our Income First Model Portfolio is slowly becoming invested and is outperforming so far. Dick Smith has proved a laggard, while Wellcom and Virtus have performed well.