Michael Gable

Why are InvoCare shares falling and is it overdone?

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After a stellar run towards the end of last year, shares in InvoCare (ASX:IVC) have fallen sharply back to levels last seen in August 2017. Why are they falling, and is the selling now overdone? InvoCare is the largest private operator of funeral homes, cemeteries and crematoria in Australia. Locally it has a 34% market share. It is also the only player with national brands. The recent rally was driven by the market favouring high-growth stocks (with high P/E ratios) …

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“Your Stock Request” – 25 January 2018

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“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at mail@fairmontequities.com with your stock request. Limit of one per person, no guarantee of a mention. This week’s stock request: (ASX:AZJ), (ASX:GMG), (ASX:AJM), (ASX:MNF), (ASX:ORG), (ASX:MP1), (ASX:RFX) Latest prices available on the ASX website. You can learn more about technical analysis in this article.   Michael Gable is managing director of Fairmont Equities. Sign …

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Categories YSR

Charts for the big 4 banks

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We have had a view for the last few months that you don’t want to be overweight the banks. But we’ve also had a view that at some point in January/February they could represent a buying opportunity – at least for the medium term. Here we share our views on the charts for each of the big 4 banks and where we think these buying opportunities will occur. If you are interested in these and other opportunities, be sure to …

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Video: Support levels for the Aussie market

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Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 22 January 2018. Shares covered: (ASX:XJO), (ASX:FLT), (ASX:NUH), (ASX:AMC) Click on the image below to access the video on the FNN site:   Current share prices available here. You can learn more about technical analysis in this article.   Did you like this video? Share this page on Facebook and Twitter! Sign …

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Share tips

Share tips – 22 January 2018

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Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated 22 January 2018. You can access the full version of the article HERE. Buy Recommendations FMG The chart for FMG looks very bullish. In December 2017, FMG retested the previous low then broke higher on strong volume. It now looks like staging a strong recovery. …

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