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.

Disruptive innovation delivered a 90% return for ARK

The Dr Cathie Wood-led ARK Investment Management is facing a different kind of pressure as 2020 draws to a close. According to Bloomberg, ARK’s ETF distributor, Resolute Investment Managers, is seeking to exercise an option acquired in 2016 to buy

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Crown (ASX:CWN) shutdown

ASX delivers third straight increase but weak open ahead, Crown (ASX:CWN) shutdown, anaemic wage growth The ASX200 (ASX:XJO) experienced another positive, albeit somewhat mixed, day with the banking sector (+1.7%) forcing the market higher by 0.5%.  The travel sector was

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Moderna (NYSE:MRNA) vaccine 94% effective

Sharemarket to open strongly, Moderna (NYSE:MRNA) vaccine 94% effective, ASX (ASX:ASX) system failure, US markets hit record The S&P/ASX200 (ASX:XJO) managed just 25 minutes of trade this morning before its new settlement system failed, closing down the market for the day. 

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ASX stocks down 0.2%

ASX stocks down 0.2%, ‘Go long’ says star investor Bill Ackman, Ramsay Healthcare (ASX:RHC) reports, positive open ahead The ASX200 (ASX:XJO) fell for the second straight day finishing down 0.2% but managed to add 3.2% for the week.  The reasons

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ASX to open lower, Telstra (ASX:TLS) outperforms

ASX 200 (ASX:XJO) falls 0.5%, Telstra (ASX:TLS) outperforms, US market falls ASX to open lower It was a mixed day for the ASX200 (ASX:XJO) taking a breather after what has been a hectic few days.  Most sectors were down, with

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Six-member SMSFs one step closer

It’s been a long time coming, yet it may finally be here. The arbitrary cap on the allowable number of SMSF members, limiting funds to just four people, appears set to be lifted. The legislation has been delayed due to

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Rotation rally continues, ASX 1.7% higher

Rotation rally continues, ASX 1.7% higher, Commonwealth Bank (ASX:CBA) reports, US markets mixed, ASX to open positive The rotation rally continued on Wednesday as investors adjusted portfolios to what appears to be a sooner than expected return to normal. Every sector

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ASX rallies on vaccine news

ASX rallies on vaccine news, cyclical rotation in full flight, Westfield (ASX:URW) jumps 43.5% The ASX 200 (ASX:XJO) finished just 0.7% above open despite trading as much as 2.5% higher during the day on news of Pfizer’s (NYSE:PFE) successful vaccine

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Crown (ASX:CWN) shutdown

ASX delivers third straight increase but weak open ahead, Crown (ASX:CWN) shutdown, anaemic wage growth The ASX200 (ASX:XJO)

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ASX stocks down 0.2%

ASX stocks down 0.2%, ‘Go long’ says star investor Bill Ackman, Ramsay Healthcare (ASX:RHC) reports, positive open ahead

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