Pavan Sharma

Global markets were mostly lower overnight (S&P 500 index -1.0%) as US technology stocks led the market lower, against the backdrop of inflation fears with key industrial commodity prices stretching higher.

Global markets were higher on Friday (S&P 500 index +0.7%) as US stocks hit a fresh record after surprisingly weak jobs data eased fears about higher inflation and a reduction in stimulus.

WBC shares have experienced a strong comeback since late last year, but remain well off 2015 highs of almost $40 per share. We see strong support at $24 for investors who would rather buy on a pull-back, and see WBC continuing its uptrend to our medium-te

Genesis shares have pulled back recently with concerns around rising bond yields, as well as investors favouring fully renewable gentailers. We reiterate our BUY @ $3.41, with shares falling below the BUY line after 3 sell-offs. GNE has trended lower this

FBU shares have rebounded, doubling since COVID rocked markets and seem to be consolidating around the $7 per share level. We see support at $6 should there be a pull-back and see FBU trending towards $8 medium term. FBU still provides an attractive risk