Weekly Reports | May 22 2015
Our top ten news from 14 May 2015 to 21 May 2015 (ranked according to popularity).
Orica may be in a trough but several brokers hail its ability to respond to cyclical pressures, along with support from the buy-back.
The spot uranium price last week failed to kick on with a rebound after April’s sharp falls.
Disappointing earnings results were one reason a stampede began out of Australia’s big banks, but having fallen this far, is value now emerging?
Weekly update on recommendation, target price, and earnings forecast changes.
Sirtex Medical has released data from its SIRFLOX study with some statistically significant outcomes in the treatment of liver cancer.
Friday 15 May 2015 – 10:00 AM
El Nino underway; small caps underperform; reasons to buy Oz equity; wages; federal budget and health care; free-to-air TV; online trends.
The Chartist suggests the severity of the bank sell-off implies caution in calling the banks oversold at this point, yield support notwithstanding.
Copper outlook strengthens; iron ore outlook weak; depressed manganese prices; a lack of pricing power for steel.
FNArena Editor Rudi Filapek-Vandyck discussed recent market movements with TV host Peter Switzer.
Peter Switzer of the Switzer Super Report discusses those stocks which stand to benefit from the latest federal budget.
