Trading opportunity with Magellan Financial (MFG)

As a funds management business with a global focus, Magellan Financial has seen its share price ride the wave up with global markets. Having traded under $2 in 2012, the latest bull run saw the share price spike to over $27 at the end of 2015. Weaker markets at the start of the year had an impact on funds under management and this resulted in the share price taking the lift back down to $20. However, now price action starts …

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Video: Bellamy’s breakout

Michael Gable is an expert guest commentator for the Finance News Network. This video is dated 16 May 2016. Click on the image below to access the video:            

Downside risks for Qantas

This post formed the basis of an article which then appeared in the Australian Financial Review on 24 May 2016. Michael Gable is a regular expert contributor to the AFR. You can access the AFR version HERE. The share price of Qantas has had a dream run in the last 18 months. Back then it was trading near a dollar and was suffering the ignominy of asking the government for extra cash. Since that low point, the share price went on …

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