Morning all, These are turbulent times to be managing your...

Morning all,

These are turbulent times to be managing your trading strategies and for many, like me,
sitting on the sidelines seems to be the smartest but the hardest option.  So many great stocks
sitting there in the market at support or just so overlooked its frightening.  And that's the thing
to remember, it can all get more frightening if skittish world markets get a scare. I sense some
sort of capitulation is what investors are expecting in the short term, and for that to be the buying
opportunity once it unravels.  Take your pick from events in China, US interest rates and sluggishness,
Europe and its extreme patchiness, new war fronts being established in Syria and North Korea still fiddling
around with nuclear toys and threatening to spit the dummy soon.

Add to this our beer brewers being snatched again from under our noses:!!

30am: Some of Australia's best-known beer brands including Foster's and Victoria Bitter could be in for another ownership change after Anheuser-Busch announced it will make a takeover bid for SAB Miller to unite the world's two largest brewers.
Belgium's Anheuser-Busch InBev, the world's largest brewer, said overnight it was exploring a takeover of the London-based SAB Miller in a deal that would create a $US275 billion company that would account half the beer industry's profit and one out of every three beers produced around the world.
Any deal would cap off an extraordinary wave of consolidation in the global brewing industry and have big implications for some of Australia's biggest brands. SAB Miller acquired Foster's - which also produces VB, Carlton Draught, Crown Larger, and Cascade - in 2011 for $12 billion.
AB-InBev does not own brewing operations in Australia but has a variety of distribution and marketing agreements for its brands such as Budweiser, Stella Artois and Beck's.
SAB Miller gained as much as 24 per cent in London trade, boosting its market value to about £60 billion while and AB InBev rose as much as 12 per cent.
No formal offer has yet been made with AB InBev saying it wants to work with the board of SABMiller "toward a recommended transaction".

9:24am: Energy stocks pushed Wall Street higher overnight due to an almost 6-per cent jump in oil prices, but many investors stayed on the sidelines a day ahead of the U.S. Federal Reserve's decision on interest rates.
The energy index led a broad rally for the S&P 500 benchmark index with a 2.8 per cent increase as crude oil prices settled up 5.7 per cent after an unexpected drawdown in US stockpiles.

Interesting times.

Do Your Best!​

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