Flight Centre: Worst Now Behind
Michael Gable of Fairmont Equities notes the technicals for Flight Centre suggest an uptrend may now be recommencing
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Michael Gable of Fairmont Equities notes the technicals for Flight Centre suggest an uptrend may now be recommencing
By Michael Gable We have been cautious on the S&P/ASX 200 Index for about a month now. Last week we commented on the lack of momentum and that the index could be weighed down in the short term. After smashing under the 50-day moving average last Friday, our market managed to stage a rally yesterday and by the end of today could well be back to where it was last Thursday. It hasn't fallen yet, but we have still essentially made no progress since December. Bond yields edging higher are the result of a booming economy and increased company earnings. It is a good sign. Over the course of the y...
Michael Gable of Fairmont Equities notes jewellery retailer Lovisa Holdings has run hard post-result, but the rally may have further to run
Michael Gable of Fairmont Equities suggests that after a period of consolidation, and following a solid earnings report, JB Hi-Fi is ready to head higher once more
Michael Gable of Fairmont Equities believes BHP Group shares have further upside left, after an already dizzying run since November