Balanced Portfolio Recommendation: SELL take profit Yancoal (YAL)
You are unauthorized to view this page. Username Password Remember Me Forgot Password
YAL
Balanced Portfolio Update: Yancoal (YAL) Quarterly update
Yancoal has delivered their quarterly update overnight. This has seen the price rally to $5.75 (+19%)
Balanced Portfolio Recommendation: Switch STO to YAL
Despite the geopolitical pressure, the Timor approval and WDS merger talk, STO has struggled to fund a bid. Conversely, the recent coal import numbers from China showed a 35% increase in coal imports
Balanced Portfolio Recommendation: Trim – Yancoal Australia Ltd (YAL)
A recent rally in the underlying coal price and broker upgrades for Stanmore have seen consensus price targets shift to around $4, We are generally bullish the energy sector and see SMR as a short term buy with a 10% trailing stop
Pre-Market Pulse 21st August – All eyes on the Fed and Jackson Hole Symposium
Equities closed broadly lower with just the Dow eking out a win, but that was of mere consolation as stocks posted their worst weekly loss since March ahead of the Fed chair Jerome Powell’s appearance at the Jackson Hole economic policy symposium next week
Pre-Market Pulse 18th August – Equities holding on by a thread as bonds hit highest yields in 15 years
Equities look to be holding on by a thread as the pressure of the highest long term bond yields in over 15 years suffocates growth expectations
Pre-Market Pulse 17th August – Bond Yields continue rise on Hawkish Fed
Equities closed at their lowest point in 7 weeks as a melt-up in Treasury yields continued after the Federal Reserve’s July meeting signaled that a further rate hike remains in play later this year.
Pre-Market Pulse 16th August – tale of 2 economies, China woes and resilient US consumer
Equities closed lower overnight as an ongoing stumble in China’s economy raised fears about global growth as Treasury yields rose after stronger-than-expected consumer spending denting hopes that the Federal Reserve is finished raising rates.