These moments don’t come along very often. But when they do, that’s when exponential returns happen. For the prepared, the informed and the brave. Let me go over one example happening right now. And this isn’t even that compelling a story, to my mind.
Both brokers and investment bankers are now facing threats from a new breed of competition — artificial intelligence. AI already performs many of the jobs on Wall Street, such as those of traders, sales teams, portfolio construction, trade executers, analysts and modellers.
When capital flows into small stocks in such a convincing way, it tells you that something is going on. You shouldn’t ignore it. The next challenge for the ASX 200 is to breach 6,000 points.
The collective small-cap index hasn’t climbed double digits. But their performance is far better than their larger cousins. This is a trend which could continue according to fund manager, Allan Grey.
Praemium, who provide financial service software, has recorded another round of stellar growth. They reported inflows of $749 million for the September quarter. With $587 million coming from Australia.
If you can afford a Ferrari when times are great, it’s likely you can afford a Ferrari when times are tough. This morning, Bloomberg highlighted that Ferrari could be considering a line of SUVs.
If we’re right, then there are a few select graphite companies that are set to benefit from this electric vehicle boom. This one is a mining company whose sole focus is the mining and production of natural graphite for the electric vehicle market.
Yesterday’s climb gives Qantas shareholders a year-to-date return of 83.7%. What has caused the stock to appreciate so aggressively? There are three catalysts that come to mind.
From an investment perspective, there are a few ways to play this gas crisis. Australia desperately needs to develop new sources of gas to supply the domestic market. There are a number of small companies developing their reserves now to do this in the years to come.
Markets make opinions, goes the old saying. Nowhere is that more true than in the oil market right now. More broadly, the rally in oil prices tells you the global economy is healthy. That should keep stocks moving higher in 2017.