I think I might follow you more Pery. I have most of what you have but about 1/4 of my portfolio invested on the US which is doing my head in. I don't understand why it's so volatile despite solid earnings and a benign economy.
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I think I might follow you more Pery. I have most of what you have but about 1/4 of my portfolio invested on the US which is doing my head in. I don't understand why it's so volatile despite solid earnings and a benign economy.
One reason would be that the wider US market is still trading above longterm average P/E's, despite recent falls - and in "nervous" times.
:ohmy:
I think EBO and SCL will both have better than expected results:)
26th of Feb will be a fantastic day, both AIR and SCL results out. TIL and THL will perform strongly too. Plenty to be happy about outside of tech.
Its 25th for both AIR (1H) and SCL (FY) by the way...
We have clear breaks below the 100 day MA for good stocks that should be benefiting from the lower $Kiwi like NZR and SKL. Technical investors will be concerned and I am too. What we are seeing here is evidence "the bear" appears to have real teeth and claws. I think a decent sized cash allocation isn't a bad thing during uncertain times like this.
The reporting season.
TIL will not report until May.
Our portfolio has seen our companies report excellent results,and a lot of increased dividends.Solid outlooks,although FRE are cautious.
My only concern was SKL's flat result with uncertain outlook.I therefore sold.Will retain on my watch list, and will most probably buy in again when they report a good result.
Interestingly Chairman Sir Selywn Cushing has been adding to his holding.I think his record of astute investing is a lot superior than mine.
Any new leads for things that will go well this year? Hopefully I'll have some money coming my way in the next few months, so that'd be good to invest.
Currently the only thing that looks promising is VHP as a long term or SCL as a short term ready for when they announce that profit went up 10% at the end of 2016 due to larger apples and business growth, etc.
Sometimes the NZX feel like such a small playground compared to the foreign markets :(