FRIDAY here i was giving myself a pat on the back for the excellent performance of my long positions yesterday, when it was the lower than expected inflation numbers that gave them an excellent boost..... just inside the RBA's target range, of 3%, but OK.
The australian markets onward and upwards, with my westpac shares breaking all times highs, and the aus. markets doing likewise.
I got very excited thursday morning on my premarket look at the buy/ sell ratios, a number of them up on previous days, plus a number of stocks showing their opening price in strongly positive territory, so i upped some of my bids and came away at the end of the day with some extra purchases.
the US markets o/night just slightly up, but with the nasdaq + 0.5%....... so another day's trading on the world markets before our markets open on monday
AIG - long, 4 bites -holding..EXCELLENT GAIN (further gains) Insurance PE = 10.5 (av.pe = 21.3),... YIELD 6.3% franked
WBC -long, 7.7 bites -holding..EXCELENT GAIN (further gains) Westpac - now at all time high. increased my holding today by 1.7bites PE = 15.5 (av.pe = 12.6) , YIELD = 5% franked
MQA -long, 3 bites - holding..EXCELENT GAIN (excellent gain thursday) have further bid in here. Toll roads in europe and US..... quarterly traffic figures out - traffic count down but revenue 2.5% up due to increased charges. (profits should be greater when the $A retraces) PE = 45 , FY 2015 PE = 19.0 (av.pe = 24) YIELD 4%
SHL - long, 2 bites - holding...MODEST GAIN Sonic Healthcare - now beginning to move back up with the rest of the biotech and tech stocks. PE = 18.3 (av.pe = 16.5) YIELD 3.5 (45% franked)
