Strategy Update: Agriculture Reporting Season Update
The Biden administration has flagged $79bl as a point where the US will top up their strategic reserves, we see crude oil here at $77 good value and risk/reward
Alpha Recommendations
Alpha Portfolio Recommendation: Stop-loss Triggered SELL – Deep Yellow (DYL)
Deep Yellow Limited (DYL) is a well positioned Uranium Junior located in two Tier 1 Jurisdictions i.e. Australia and Namibia.
Alpha Portfolio Recommendation: Buy – Crude Oil ETF (OOO)
The Biden administration has flagged $79bl as a point where the US will top up their strategic reserves, we see crude oil here at $77 good value and risk/reward
Alpha Portfolio Recommendation: Sell – Australian Dollar AUD
The Reserve Bank of Australia (RBA) has increased the cash rate target by 25 basis points to 4.35%, alongside a similar increase for the interest rate on Exchange Settlement balances, in response to persistent inflation that, while past its peak, remains too high. After the RBA hike rates by 25 bps on Tuesday, the language was fairly cautious causing the the AUD to sell off against the USD.
Alpha Portfolio Recommendation: Buy – Australian Dollar AUD
With the Fed cooling its hawkish rate talk and the RBA looking likely to hike rates tomorrow, the AUD should benefit
Alpha Portfolio Recommendation: Buy – Deep Yellow (DYL)
Deep Yellow Limited (DYL) is a well positioned Uranium Junior located in two Tier 1 Jurisdictions i.e. Australia and Namibia.
Alpha Portfolio Recommendation: Sell – ResMed Inc (RMD)
A positive surprise is anticipated in today’s quarterly earnings report, and historical reporting has been strong. Currently, the stock is undervalued, making it an opportune time to invest in this stock.
Alpha Portfolio Recommendation: Buy – ResMed Inc (RMD)
A positive surprise is anticipated in today’s quarterly earnings report, and historical reporting has been strong. Currently, the stock is undervalued, making it an opportune time to invest in this stock.
Alpha Portfolio Recommendation: Buy – Invictus Energy (IVZ) 25/10/2023
Invictus Energy Ltd (IVZ) is an independent upstream oil and gas company. The company is opening rift basins in onshore Africa – the Cabora Bassa Basin – in northern Zimbabwe through an impact exploration program.
Alpha Portfolio Recommendation: Buy – Pilbara Minerals Ltd (PLS)
A positive surprise is anticipated in today’s quarterly earnings report, and historical reporting has been strong. Currently, the stock is undervalued, making it an opportune time to invest in this stock.
Alpha Portfolio Recommendation: Buy – Paladin Energy Ltd (PDN)
A recent rally in the underlying Uranium price. We are generally bullish the energy sector and see PDN as a short term buy with a ~10% trailing stop
Alpha Portfolio Recommendation: PPK group (PPK)
*** GENERAL AVICE ONLY***
Trade Date: 17/10/2023
Recommendation
Entry price: <1.045 Target Price: >1.95
Stop Loss: 0.81 (9% trailing)
Rationale
PPK Group’s subsidiary BNNT has announced it has significantly reduced the price of its high-quality, Australian-made boron nitride nanotubes (BNNT) following a series of production improvements that have dramatically lowered the cost of production for the multi-use super material. BNNT now starts from US$150/gram, compared to the approximately US$400/gram offered by competitors.