Daily FNArena News - FYI

Sell in the morning and buy in the afternoon. Making money from Telstra shares has never been easier.

The amount of neutral recommendations in FN Arena’s universe has fallen below 51% of the total again, and share prices are in retreat. Coincidence?

We’re completely relying on the homework done by the experts at Barclays Capital on this one.

Things may not be looking as bad for the Kiwi dollar after all.

FN Arena’s good friend, astute commentator Dennis Gartman of the globally respected Gartman Letter, suggests the US dollar is under “real and universal pressure”.

The latest estimate data show the growth of advertising spending slowing even further than predicted – at least in its quantifiable form.

Suddenly proprietary trading by investment banks is under attack from ASIC and the media. While ASIC is possibly naive in its understanding of the potential fallout, some observers should take more time to realise how the market works.

Weekly musings from your editor.

Origin’s offer for Contact Energy is seen as a good deal, for Origin shareholders, not so for the NZ side of the deal. Experts believe this is why Origin will have to come up with something better.