Archive for the ‘Business’ Category
Tom Elliott’s Market Report
Tom this week discusses SAB Miller’s $9.5 billion bid for Fosters announced today,the decline in Caltex’s Australian oil refining profits and the continuing European debt uncertainties impact on global equity, debt and currency markets. Don’t forget to watch the Father and Son segment where John gives his forthright views on what went wrong at Fosters [...]
Tom Elliott’s Market Report
Tom’s focus this week is on the continual weak equity markets, local situation stocks including Fosters where persistent rumours are underpinning their rising share price whereas both Qantas and Virgin Airlines share prices are under pressure reflecting abnormal flight delay losses caused by recent Chile’s volcanic cloud cover and Melbourne’s foggy weather.
Tom Elliott’s Market Report
Tom this week reviews the weaker equity markets ,the takeover speculation on Fosters and Tabcorp’s new gaming listed entity Echo, and Telstra’s firm share price in a soft market. While Tom believes the RBA will hold interest rates at today’s meeting, he predicts a .25% rise during the September 2011 quarter.
Tom Elliott’s Market Report
This week Tom discusses the equity and commodity markets continuing volatility as reflected in last nights global market’s sell off, the carbon tax debate, the softening Australian retail sales scene, Australian’s increased savings habits and the European debt situation. More than enough negative news to make the bulls rethink their long positions.
Tom Elliott’s Market Report
Despite last nights across the board big falls in global equity and commodity markets caused by increased investor concern on the European Government debt uncertainties and hedge funds selling down their long commodity positions, especially base metals, Tom still remains positive on the United States economy. He gives his reasons in this weeks report and [...]
Tom Elliott’s Market Report
Volatile currency, commodity and equity markets continue to dominate financial headlines and this week Tom comments on likely short term trends locally and overseas as well as last weeks Budget.
Tom Elliott’s Market Report
Tom this week discusses the local share market’s inability to break through the 5000 index resistance level, the volatile commodity and Aussie dollar markets. He also highlights selected takeover situation stocks that have met with Shareholder and Board resistance such as Redflex and Spotless Services. For Foster’s shareholders it’s the first ASX trading day as [...]
Tom Elliott’s Market Report
This week Tom adopts a macro economic approach in previewing future market trends where the US Federal Reserve’s short term liquidity management, the weak USA dollar, the high oil price and continuing political instability in Northern Africa and Middle East could have a combined negative effect on equity markets. May has normally proved to be [...]
Tom Elliott’s Market Report
This week Tom covers post-Easter events that will influence financial markets in the short term, including the strong Aussie dollar, the recent CPI spike placing pressure on domestic interest rates and the record gold price. Tom also highlights those listed media stocks that should benefit from the imminent AFL announcement on the new AFL football [...]
Tom Elliott’s Market Report
Tom’s major focus this week is assessing the impact on global equity, gold and currency markets following the recent credit watch announcement on USA Government debt securities, Leighton’s belated profit downgrade (and need to raise extra equity) and the two demerger stocks, Tabcorp and Fosters.
Tom Elliott’s Market Report
Tom continues to focus on the Libyan situation, the Japanese nuclear concerns and a very fragile Middle East political scene which create nervous equity markets and higher crude oil prices. Tom covers local stocks directly impacted by these events especially oil and gas producers, uranium producers and insurance (and re-insurance ) stocks. He expects markets [...]
Tom Elliott’s Market Report
Last Friday’s devastating earthquakes in Japan capped off a week of declining trends in share prices globally. This week Tom gives viewers his thoughts on those market sectors to be directly affected, both on the upside and downside,by the Japanese earthquakes including specific stocks to focus on from the buy and sell sides.
