Michael Gable

Time to take profits in James Hardie?

Strong US housing data this year has seen James Hardie (JHX) maintain its uptrend. However, I have identified some technical signals which indicate that it may be time to secure our profits. Some analysts have identified headwinds such as increasing competition and demand to taper back a bit in the US. These concerns may be creeping in when we look at the price action of JHX.     The first problem sign I noticed is the bearish engulfing pattern that …

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Video: Village Roadshow could rally from here

Michael Gable is an expert guest commentator for the Finance News Network. This video is dated 20 June 2016. Click on the image below to access the video:   Make sure you bookmark our main blog page and come back regularly to check out the other articles and videos. You can also sign up for 4 weeks of our client research for free!   Disclaimer: The information in this article is general advice only. Read our full disclaimer HERE.

Fairmont Equities Webinar Series – Part 1

Fairmont Equities Webinar Series Part 1 – Introduction to Technical Analysis and Candlestick Charting (If your device does not play the video at the right quality level, be sure to adjust the settings to HD)   Make sure you bookmark our main blog page and come back regularly to check out the other articles and videos. You can also sign up for 4 weeks of our client research for free!   Disclaimer: The information in this article is general advice only. Read our …

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Trading Tip – Westfield Corp to push higher

Westfield’s shares have undergone a few iterations over the years, with Westfield Corporation now remaining a global retail property group. It has investments in the US and UK, and those two economies are showing signs of stability. This means that we should continue to see support for retail growth, which will in turn support the share price of Westfield Corporation. At first glance the share price appears to be going nowhere though, but it has actually been following a nice …

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Trading Tip – Northern Star Resources

The news last Friday that US employment grew at the slowest pace in nearly 6 years put the prospects of June rate rise off the table in the US and put a rocket under the gold price. Our advice to clients 5 weeks ago to get out of Evolution Mining (EVN) for a 37% return and getting into St Barbara (SBM) paid off with SBM now up 23.3% since that recommendation. I now have my sights on Northern Star Resources …

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