Blog

May 26, 2017

Is Westfield now cheap enough to buy?

In a recent research report to clients, we took a fundamental and technical look at Westfield Corporation (WFD). With the stock having fallen from $11 to the low $8’s in less than a year, could this be an opportunity to buy a top 20 stock in a market where valuations elsewhere are starting to look stretched? Here is an extract
May 24, 2017

The Effect of Interest Rates on the Stock Market

With the Fed hiking up interest rates in the US, it is only a matter of time before interest rate rises take place in Australia. So what are the consequences of interest rate hikes and the stock market? In general, when interest rates are cut then it causes the market to go up. When the interest rates go up, the
May 22, 2017

Video: Keep an eye on Caltex

Michael Gable is an expert guest commentator for the Finance News Network. This video is dated 22 May 2017. Click on the image below to access the video:   Michael Gable is managing director of Fairmont Equities. 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
May 19, 2017

Shares vs Property – Which produces greater returns?

Property has been a major source of wealth building over the last couple of decades.  And has been the vehicle of choice for “Mum & Dad” investors. But is this growth sustainable?  And how does Property as an investment stack up against Shares in the medium to long term? The answer to the first is while historically property prices have
May 15, 2017

Video: Charts for BHP and the banks

Michael Gable is an expert guest commentator for the Finance News Network. This video is dated 15 May 2017. Click on the image below to access the video:   Michael Gable is managing director of Fairmont Equities. 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
May 12, 2017

Why Medium Term Trading is the Best Strategy

The definition of a day trader is someone who buys and sells stocks within the same trading day. Research show that 4 out of 5 people lose money day trading and only 1 in 100 do it well enough to live off the proceeds.  A day trader must live off their profits as well as risk their own capital to
May 9, 2017

Top agriculture stocks to grow your wealth

This post formed the basis of an article that appeared in the May 2017 edition of the ASX Investor Update on 9 May 2016. Michael Gable is a regular expert contributor to the ASX. You can access the ASX version of the article HERE.   For a number of years now, investors have known of Australia’s growing reputation as the “future food bowl of Asia”.
May 8, 2017
share tips

Share tips – 8 May 2017

Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated 8 May 2017. You can access the full version of the article HERE.   Buy recommendations WEB WEB has been trending strongly for two years now, except for a big sell-off in November last year. After that price drop, the share price
May 4, 2017

Can Webjet continue to soar higher?

The below is an extract from our research dated 2 May 2017. After a great run, we take a fundamental and technical look at Webjet (WEB). While the stock, trading on a 1-year forward P/E multiple of 23x, is not cheap, we consider that the market does not appear to be factoring in the potential earnings uplift in FY19 from the
April 19, 2017

A charting view of Telstra – time to buy?

The Telstra share price is once again hitting the headlines after falling more than 10 per cent in the last 3 days. In early 2015, Telstra was trading over $6.60. It is now languishing at levels closer to $4 which means that investors have lost about 40 per cent of their capital in two years. One positive aspect of Telstra
April 18, 2017
share tips

Share tips – 18 April 2017

Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated 18 April 2017. You can access the full version of the article HERE.   Buy recommendations WHC During the last few months WHC formed a symmetrical triangle on the chart as the stock consolidated the big move from 2016. With the
April 11, 2017

Flight Centre is now showing some upside

Flight Centre (FLT) is a stock that divides the analyst community. On the one hand, we have concerns that FLT’s problems are structural and that it will struggle to compete with the more established online agencies. On the other we have a view that pricing issues have been cyclical and that too much pessimism is priced in. This leads to
April 10, 2017

Video: Trading the breakout in Whitehaven Coal

Michael Gable is an expert guest commentator for the Finance News Network. This video is dated 10 April 2017. 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 8 weeks of our client research for free! Otherwise
April 3, 2017

Video: Further downside for JB Hi-Fi?

Michael Gable is an expert guest commentator for the Finance News Network. This video is dated 3 April 2017. 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 8 weeks of our client research for
March 28, 2017

This time is not different – a charting comparison

Patterns and investor behaviour repeat themselves in share markets. The current chart pattern on the ASX200 looks uncannily similar to one from two years ago. Below is a daily chart of the ASX200. Have a close look. One could be forgiven for thinking that it is a current chart, but it is actually from 2015.   Now have a look