News

After a brilliant run from its multi-year low the stock is consolidating its gains with buyers and sellers appearing to be finding equilibrium

Global markets were slightly higher overnight as Wall St reset its record highs and the US central bank (Federal Reserve) began a two-day policy meeting.

Global markets were higher overnight in what can be best described as bullish yet cautious optimism. The three major US indexes are trading at record levels, powered by gains in financial, technology and industrial stocks, with investor focus on the US Fe

The stock has provided a series of buypoints over the last year but could not be overextended from its base

Global markets were mixed again on Friday as European markets were lower while Wall Street touched record highs, with the S&P 500 index touching 2,500 mark as technology stocks bounced back after two days of declines.

Global markets were mixed again overnight.  With the Dow Jones Industrial Average closing in the green.  The S&P 500 virtually remaining flat.  Interestingly the NASDAQ continued its relative under strength, down nearly half a percent.  Whether this signi

Global markets were mixed overnight, with US Stocks little changed as Apple-led losses in tech stocks were offset by gains in consumer discretionary and energy stocks, which helped the S&P 500 inch up to a record intra-day high.

The chart shows why THL has been on of the darlings on the NZX

The Sydney Airport chart is starting to look constructive as the stock nears a buy point.