monday maddness is coming, page-13

Oh banks and resources -- hell no avoid like the plague.

Top notch industrials with defensive earnings is the order of the day.. these banks need to raise billions in new capital which will likely slash their dividends that will bring in a new wave of selling. The XJO is behind the eight ball.

If I had to pick six Aussie stocks.

TLS - cash cow, defensive earnings and good yield - I hold
FGL - the higher the USD goes the better its earnings get - the wine industry is shwing signs of tun around coupled with take over rumours. - I hold
QAN - Oil price is not going up in a hurry, will see value return back to QAN...it's a leading Aussie brand just like Fosters & Telstra..and you need to select brand champions in this environment imo.
BXB - I like brambles and has been consolidating sideways for a long time during a time where majority of stocks are belted. Top notch brand, rising USD helping its earnings and earnings are defensive.
IDT - a speculative play. $42 million in assets $1.2 million in debt... $7 million net profits..positive growth earnings that pays a dividend.
PPX - another speculative that has been decimated but a rising USD will help its cause quite alot. Trading some 300% below its NTA.. Asset to Debt ratio is not the best but manageable if the USD continues to climb whereby its earnings will continue to grow exponentially.