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  • Drew Meredith

Santa rally continues

Santa rally continues, all eyes on financials, Rex Airlines (ASX:REX) gets approved The ASX200 (ASX:XJO) finished 0.7% higher after a positive overseas lead, with every sector finishing higher. Attention once again turned to the technology sector, with BNPL players Afterpay (ASX:APT) and Zip (ASX:Z1P) finishing 4.2% and 6.7% higher. While these companies have been flagged as Australia’s technology leaders, the true nature of…
Drew Meredith | 16th Dec 2020 | More
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 were clear, positive news on a COVID-19 vaccine coming from Pfizer (NYSE:PFE) sent beaten down…
Drew Meredith | 15th Nov 2020 | More
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 telecommunications and consumer discretionary the standouts, adding 1.9% and 1.0% on company specific news.  Wesfarmers…
Drew Meredith | 12th Nov 2020 | More