Author

Drew Meredith

Drew Meredith

Drew is contributor to The Inside Investor and The Inside Adviser. General Advice Disclosure: Where Drew's comments constitute advice, it is general advice only (AFSL383169). They have not considered the readers personal or individual circumstances. Readers should seek professional advice before acting on any comments.

Another negative week for the ASX

Another negative week for the ASX, Trump-Biden debate, Link (ASX:LNK) undervalued The ASX 200 (ASX:XJO) finished 0.1% lower on Friday keeping the index in negative territory for the week, down 0.2%.  The IT sector was the highlight, adding 1.8%, behind strength in

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ASX pares losses, Healius (ASX:HLS) delivers

Volatility continues, ASX pares losses, Healius (ASX:HLS) delivers, AMP (ASX:AMP) sold off, positive morning ahead The ASX 200 (ASX:XJO) pared early losses to finish down just 0.3% on Wednesday, with oil prices the biggest detractor.  The oil sector fell 1.8% as oil

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ASX broadly flat, retail sales decline again

ASX broadly flat, retail sales decline again, TPW smashed, flat lead The ASX battled to a flat finish on Wednesday, adding 0.1%, with gains in energy and financials offsetting weakness in the consumer sectors.  Retail sales results were released with every state

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Afterpay Ltd (ASX:APT) hits $100

ASX lower as mining and financials hit, Afterpay Ltd (ASX:APT) hits $100, RBA Minutes released The ASX 200 (ASX:XJO) fell 0.7% on Tuesday, giving back yesterday’s gains on a weaker global lead. Mining, down 1.1% and financials, -1.2%, were the biggest

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ASX 200 hits seven month high

ASX 200 hits seven month high, CSL (ASX:CSL) bounces, Cimic (ASX:CIM) sells Thiess, weaker open ahead The ASX 200 (ASX:XJO) rallied 0.9% to start the week, buoyed by the hope of Victorian economic restrictions being lifted at the end of

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Positive week for global markets

Another positive week for global markets, property sinks, reality setting in for Atlas Arteria (ASX:ALX) It was another positive week for global markets, the ASX 200 (ASX:XJO) finishing 1.2% higher despite falling 0.5% on Friday. Similarly, US markets have overcome the

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RBA planning more QE, ASX rallies

RBA planning more QE, ASX rallies, Virgin CEO out, US markets pare falls The ASX 200 (ASX:XJO) rallied 0.5% on a mixed day.  The key result today was a slightly better than expected unemployment result, the rate increasing to 6.9% despite Victoria

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ASX falls 0.3%, US falls offering weaker lead

It ends at seven, ASX falls 0.3%, Bank of Queensland surprises, US falls offering weaker lead The ASX 200 (ASX:XJO) couldn’t keep its unbeaten run going, falling 0.3% on Wednesday, overcome by a combination of factors.  The materials sector was among the

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Telstra (ASX:TLS) dividend boost

Seventh heaven, China bans coal, Telstra (ASX:TLS) dividend boost, US markets fall The ASX 200 (ASX:XJO) reached its highest point in seven months, passing 6,200 points after improving 1.0% on Tuesday. This takes the rally to seven straight days with

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Link (ASX:LNK) under offer

Six days in a row, Link (ASX:LNK) under offer, banking rally, US rally continues The market managed to eke out a six-straight day of gains, finishing 0.5% higher to start the week. The banking sector experienced a late rally adding 1.2%

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