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2 March 2020 -

Week Ahead, Correction Territory | Next DC

The big unknown is whether Coronavirus represents a longer term loss of growth, or if a V-shaped recovery will offset growth lost. In past epidemics, the buy signal has been between one week and one month after daily infections peaked. We continue to watc

29 February 2020 -

Sell-off Deepens | Wesfarmers

The US market (S&P500) fell another -3%, marking its largest four-day slump since August last year with losses accelerating after the US Centre for Disease Control and Prevention warned Americans to prepare for a coronavirus outbreak at home. 

29 February 2020 -

Wall Street Choppy  | Invocare

US and German health officials are now warning that the outbreak is on track to become a pandemic as the number of cases grow. Greece and Spain reported their first cases while Spain locked down a seaside resort hotel with about 1,000 guests and workers i

29 February 2020 -

Worst Week Since GFC | A2 Milk Update

The correction in the US market over the last 6-trading sessions is actually the fastest -10% decline in the S&P 500 index from a record high, and even beats the Black Monday episode in October 1987 in that respect. With a day left to run, we are on track

26 February 2020 -

Week Ahead – Expect Volatility | BHP Update

​​Global markets were lower ​on Friday as US stocks sold off and the Nasdaq​ technology index​ had its worst daily percentage decline in about three weeks​. A spike in new coronavirus cases and data showing a stall in US business activity in February fuel

26 February 2020 -

Markets Free-Fall | Corona-Concerns Spread

​​Global markets tumbled overnight as coronavirus continues to spread globally to more than 30 countries, with South Korea reporting a jump in infections and Italy locking down an area of 50,000 people near Milan.

22 February 2020 -

NZX Breaks 12,000 | EBOS Result

Ebos led the NZ market higher yesterday, rising 3.4% as the pharmaceuticals distributor reported a first-half profit of $81.7 million, up from $67 million a year earlier, as the impact of winning the Chemist Warehouse Group contract kicked in from July.

21 February 2020 -

Apples Faces Disruptions | Heartland Group

The US market reopened lower after president’s day to digest information regarding a slowdown in new cases of coronavirus, coupled with weak revenue forecast from Apple due to production and demand disruption in China due to the coronavirus.

21 February 2020 -

China Cases Fall |  Wisetech’s Woes

WiseTech Global (WTC) shares were the biggest losers yesterday, when its shares slumped -27.3% after materially downgrading their full year guidance for the 2020 full year.