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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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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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