Michael Gable of Fairmont Equities suggests selling in Seek has further to run.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. After the UK Conservatives failed to win a majority in the election, Commonwealth Bank strategists suggest further declines in the GBP are likely.
Mineral Resources is shaping up to be a significant supplier of lithium. Deutsche Bank has upgraded the stock to Buy, judging it will be a number one producer globally after its two key projects ramp up.
Craig Parker of Moat Capital suggests the 200-day moving average could prove support for the ASX200, or a break-down level.
A glance through the latest expert views and predictions about commodities. Iron ore; steel; aluminium; and oil.
Kathleen Brooks of City Index weighs up the possible outcomes and subsequent market responses to the result of tonight’s UK election.
Brokers suspect that growth is becoming harder to obtain for retail conglomerate Wesfarmers in the face of a weak consumer outlook, slowing housing and increased competition.
The Chartist suggests this is not the time to be overexposed to US market upside.
Dairy co-operative MG Unit Trust will undertake a comprehensive strategic review, acknowledging its recent performance has been unacceptable. This adds another layer of uncertainty to the outlook, brokers suggest.
IOOF has confirmed a strategy based on advice. Brokers are encouraged by the presentation although some uncertainties remain.
