FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. JP Morgan argues Santos’ significant free cash flow growth makes the stock a stand-out amongst the big cap energy companies.
Wall Street did little last night but the Aussie suddenly decided to plummet a cent. Dow down 25. (Accessible only for subscribers before 10:15 AEST)
Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea in BHP Billiton.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The ECB has instigated QE, after a fashion, but again Wall Street fizzled out towards the close. Dow down 8. (Accessible only for subscribers before 10:15 AEST)
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Forget about Origin Energy’s exposure to the domestic electricity market. Life’s a gas, says Morgan Stanley, as the broker lifts its target price 20%.
Ceasefire in Ukraine or not? That’s what markets were asking last night, ahead of central bank meetings and US jobs numbers. Dow up 10. (Accessible only for subscribers before 10:15 AEST)
The market has sold down BHP on disappointment with regard to capital management, thus overlooking the strategy behind the spin-off as well as increased value in iron ore and copper production.
Rising expectations of a Fed rate rise had US bonds and gold crashing last night while oil prices tumbled and stock markets were undecided. Dow down 30. (Accessible only for subscribers before 10:15 AEST)
The holiday on Wall Street ensured all markets were quiet last night. Except iron ore, which has fallen to a two-year low. (Accessible only for subscribers before 10:15 AEST)