Blow me down if Ben Bernanke didn’t suggest on Wednesday night QE3 will always be there. Buy! Dow up 113. (Accessible only for subscribers before 10:15 AEDT)
DJ Carmichael rates Riedel Resources a Speculative Buy given upside potential from the group’s assets in Burkina Faso and West Africa.
The market will ignore Newcrest’s promising growth opportunities altogether until such time as it can deliver on present day production guidance.
Jonathan Barratt of Barratt’s Bulletin notes that despite recent sluggishness, indicators remain bullish for gold.
The two sessions on Wall Street broke down into “Waiting for Apple” and “Apple”. The Dow (no Apple) was up 89 last night to provide a net 163 point gain. (Accessible only for subscribers before 10:15 AEDT)
Gold has been forming a corrective triangle since its peak which the Wizard warns can catch out unwary traders.
Last night’s collapse of the Dutch government adds to French election concerns as suddenly the focus swings well and truly towards “good” Europe within the wider crisis. Dow down 109. (Accessible only for subscribers before 10:15 AEDT)
A glance through the latest expert views and predictions about commodities with commodity market implications of lower Chinese growth expectations and updates on oil, aluminium, steel and the precious metals.
Weekly update on recommendation, target price, and earnings forecast changes.
Brokers have updated their views on where there is value in the Australian market post the recent rally, which small cap stocks are preferred and the implications for equities of investors moving to a risk-off approach.