Daily FNArena News

The Chartist reports the technicals for copper are looking positive but there’s work to be done yet.

A glance through the latest expert views and predictions about commodities. Base, precious metals; aluminium; and thermal coal.

Confidence in Sims Metal has taken a hit, brokers suggest, after the company downgraded guidance for first quarter earnings less than a month after reiterating it at investor briefings.

Michael Gable of Fairmont Equities suggests any dip in the share price of Seven Group Holdings is a buying opportunity.

Peter Switzer of the Switzer Super Report explains why he disagrees with Warren Buffett’s assertion that diversification is for wimps.

Having balanced the oil market since deciding to withhold barrels in January 2017, OPEC and cohorts are now faced with an opposing dilemma, increasing output enough to cover expected shortages over the next few months.

Market fundamentals remain strong for Brickworks but tighter credit has emerged to dent the housing outlook, particularly in NSW and Queensland.

Craig Parker of Moat Capital sees upside for the ASX200, as long as Wall Street doesn’t give way in the meantime.

Smiggle continues to lead the brand portfolio of Premier Investments and the company has renewed its focus on online and new markets.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.