Podcasts about hub24

The session has been relatively subdued today and remained mostly flat. Laura and Stevie discuss the session which saw some slight gains around midday and a mixed performance across the sectors with materials and financials helping to keep the market in the green. They discuss the dividend payments occurring today including Hub24, the mixed performance of gold miners, and the names that made headlines including Collins Food. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Wall St closed higher overnight as the S&P 500 sets a new record high, climbing 0.24%. The Dow Jones rose just 0.02% and the tech-heavy Nasdaq had a slight rise of 0.07%. The energy sector was the best performing, gaining 1.9% with Halliburton and Valero Energy leading gains.Over in Europe, markets closed higher as the STOXX600 jumped 0.32% by market close on Tuesday. Germany's DAX had a gain of 0.2%, the French CAC rallied 0.21% and over in the UK the FTSE100 had a slight fall of 0.01% by the closing bell.Locally yesterday the ASX had a pullback to start the week, closing Tuesday's session down 0.66% despite the RBA announcing the nation's first cash rate cut since November 2020 after 13-hikes to 4.35%. The nations cash rate now drops 25-basis points to 4.1% as the RBA's journey to tame inflation is working at the same time the elevated rate environment to date has caused a cost-of-living crisis in Australia.What to watch today:The Australian share market is set to open slightly lower, with the SPI futures suggesting a fall of 0.02% at market open this morning.On the commodities front this morning,Oil is trading 0.55% higher at 71 US dollars and 77 cents a barrel after crude exports from Kazakhstan were disrupted after a drone strike hit a Russian pumping station, potentially cutting pipeline flows by 30%.Gold is trading 1.2% higher at 2934 US dollars an ounce and iron ore is trading 0.06% higher at 106 US dollars and 83 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on HUB24 (ASX:HUB) and has increased its 12-month price target to $93. With a current share price of $84.39, this indicates a share price growth of 10.2% over the next 12-months, hence the buy rating is maintained.Trading Central has identified a bearish signal on Appen Ltd (ASX:APX), indicating that the stock price may fall from the close of $2.90 to the range of $1.90-$2.10, on a pattern formed over 30 days, according to the standard principles of technical analysis.

Wesfarmers will close its online retailer Catch after it faced increased competition from Amazon, Shein and Temu. MARKET WRAP: ASX200: up 0.66% to 8,402 GOLD: $2,740 US/oz BITCOIN: $163,365 AUD Wesfarmers shares gaining 1.6% on the day to $72.88 Liontown reported better than expected cashflow in its quarterly update, helping it to lift 11.9% to 70.5 cents a share. HUB24 shares leaping 11% to $72.43. Gains for NAB, Westpac and ANZ as the financial sector rose by 1.25%. Carnarvon Energy shares down more than 22% after Santos put joint-venture plans for a $3.2 billion oil and gas project on hold. Santos slid 2.2% to $7.13. CSL, Goodman Group and Xero all finished down. CURRENCY UPDATE: AUD/USD: 62.42 US cents AUD/GBP: 50.8 pence AUD/EUR: 60 Euro cents AUD/JPY: 97 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.

The Australian stock market reached new record highs, driven by gains in the materials and financial sectors. Financials have been a standout performer, up 25%, while miners continue to lag behind, down 8%. Energy stocks struggled, reflecting a global easing in oil price fears. Notable company performances include HUB24, which hit an all-time high due to record inflows, and Baby Bunting, which despite recent losses, saw a 7% gain after a positive quarterly update. Upcoming US earnings reports and speeches from key financial figures are events to watch. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX 200 hit another record today but can the successful run keep going as we head towards interest rate cuts? MARKET WRAP: ASX200: up 0.80% to 8,318 GOLD: $2,668 US/oz BITCOIN: $97,608 AUD Most sectors were green, with the banks & tech stocks at the top of the pile. Tyro Payments falling more than 11%  Woodside down 2.2% and Santos down just under 1%.  Ampol was another energy company down, despite announcing cost-cutting to the effect of $50 million, with shares sliding 2.3% to $28.46 Washington H Soul Pattinson down 1.4% and Treasury Wine Estates, which fell more than 3%. The jump for financials was led by the major banks, with Commonwealth up 1.8%, NAB up 1.5%, Westpac rising 1.6% and ANZ up 0.9%. Investment platform business Hub24 saw its shares gain 2.7% after saying it was confident it would hit its target for funds under administration for the financial year. Gains for Lovisa, up 3.5% and Life 360, up 2.9%. CURRENCY UPDATE: AUD/USD: 67.09 US cents AUD/GBP: 51.4 pence AUD/EUR: 61 Euro cents AUD/JPY: 100 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.

Wall Streets' green run ended on Tuesday with the major averages move away from record territory as investors digest some key Q3 earnings results. The Dow Jones fell 0.75%, the S&P500 lost 0.76%, and the tech-heavy Nasdaq fell 1.01%. UnitedHealth fell 8.1% after the company trimmed full-year earnings outlook, while Bank of America rallied 2% on better-than-expected results.Citi shares fell over 4% on Tuesday even after the big bank beat Wall St expectations for Q3, and LVMH shares fell nearly 7% to their lowest level since October 2022 after the luxury fashion house posted disappointing results.Over in Europe overnight, markets closed lower as investors responded to key earnings updates and monitored a sharp fall in oil prices. The STOXX 600 fell 0.7%, Germany's DAX closed down 0.11%, the French CAC lost 1.05% and, in the UK, the FTSE100 ended the day down 0.52%.Dutch semiconductor maker ASML tumbled over 15% after the company said in its earnings report that it expects net sale for 2025 to come in between 30 billion euros and 35 billion euros, at the lower half of the range it had previously provided.Across the Asia region, markets closed mostly lower as China's weak trade data weighed on investor sentiment in the region. China's CSI index lost 2.66% on Tuesday after the nation's September trade data showed exports rose 2.4% YoY and imports added just 0.3%, with both metrics sharply missing expectations. Hong Kong's Hang Seng lost 3.67% on Tuesday, but Japan's Nikkei rose 0.77%.The local market extended this week's rally into Tuesday's session with a gain of 0.8% at the closing bell after hitting fresh intraday highs, buoyed by the banks with CBA rising 1.6%, Westpac adding 1.3%, ANZ rising 0.8% and NAB gaining 1.3%.Tyro Payments tanked over 15% on Tuesday on news that the federal government of Australia is planning to crackdown on credit card surcharges by 2026, with the government even saying it will go as far as banning the practice to give consumers and small businesses a fair go. This move would impact Tyro Payments among other payment service providers that rely on such fees for earnings.Hub24 rose 4.3% on Tuesday after posting record quarterly net inflows of $4bn announced in the company's latest trading update while total funds under administration hit $113bn in the quarter.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX to open the day down 0.38% on the back of Wall Street's turbulence overnight.On the commodities front this morning, oil has tumbled 4.68% to trade at US$70.40/barrel, gold is up 0.55% at US$2663.90/ounce and iron ore is up 0.63% at US$107.11/tonne.The Aussie dollar has weakened overnight to buy US$0.67, 100.15 Japanese Yen, 51.27 British Pence and NZ$1.10.Trading Ideas:Bell Potter has downgraded the rating on The a2 Milk Company (ASX:A2M) from a hold to a sell and have slightly reduced the 12-month price target on the company from $6.20 to $6.10 in-light of a recent share price gain on expectations of a rebound in demand in China. The analyst sees A2M trading at 17.5x FY25 expected EBITDA as not supported by any fundamental changes and sees better value elsewhere, especially given the rally puts A2M trading at a 51% premium to Dairy FMCG plays.And Trading Central has identified a bullish signal on Accent Group (ASX:AX1) following the formation of a pattern over a period of 38-days which is roughly the same amount of time the share price may rise from the close of $2.44 to the range of $2.82 to $2.90 according to standard principles of technical analysis.

Wall Street extended its broad bull market rally into Tuesday with some key indices hitting record highs as investor optimism rises on rate cut hopes. The Dow Jones soared 1.85% to a fresh record high of 40,954.48, while the tech-heavy Nasdaq rose just 0.2% and the S&P500 ended the session 0.64% higher. Corporate earnings results have also started being released in the US which is adding fuel to the bull market. The Bank of America and Morgan Stanley both released results overnight that beat analysts' forecasts and saw shares in the companies rise 5% and nearly 1% respectively.Sentiment was boosted overnight by Fed chair Jerome Powell saying that Q2 economic data has bolstered confidence that inflation is cooling, with markets now pricing in two rate cuts this year, with the markets now pricing in a 100% chance of a rate cut in September.In Europe overnight, markets in the region closed lower as investors responded to key corporate earnings results and assessed the impact of high interest rates on both outlook and earnings across the board. The STOXX 600 fell 0.21% on Tuesday, Germany's DAX lost 0.39%, the French CAC fell 0.69%, and, in the UK, the FTSE100 ended the day down 0.22%.Key fashion houses took the biggest hit in Europe overnight with Germany's Hugo Boss tumbling 7.5% after the company cut its full-year sales outlook, while the U.K.'s Burberry lost 5.2% a day after the company issued a profit warning on weak luxury demand.Across the Asia region on Tuesday, it was a mixed session across markets with Hong Kong's Hang Seng falling 1.6%, while China's CSI ended the day up 0.63%, Japan's Nikkei gained 0.2% on Tuesday and India's Nifty 50 hit an all time high, gaining 0.2%.The local market slipped from record highs on Tuesday to close the day down 0.23% as the big iron ore miners weighed on the market, tracking the declining price of the iron ore futures. Rio Tinto's share price fell 2% after reporting second quarter results that fell short of market expectations including iron ore shipments of 80.3 million tonnes compared to expectations of 82 million tonnes due to rail delays experienced during the quarter.Droneshield tumbled 30% yesterday before hitting a trading halt then resuming trade after the counter-drone technology stock responded to a media speculation that cast doubt on the longevity of the company's stellar rally over the last 12-months.Lifestyle Communities recovered some ground yesterday with a 5.53% rally after a sell-off on Monday following media reports around treatment of some residents at its homes.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX to open the day up 0.65% tracking Wall Street's bull run overnight.On the commodities front this morning oil has slipped 1.42% to trade at US$80.75/barrel, gold is up 1.92% at US$2469/ounce and iron ore is up just 0.08% at US$109.67/tonne.AU$1.00 is buying US$0.67, 106.65 Japanese Yen, 52.02 British Pence and NZ$1.11.Trading Ideas:Bell Potter has slightly increased the 12-month price target on Electro Optic Systems (ASX:EOS) and maintain a buy rating on the Australian defence manufacturer following the release of the company's 1H24 results outlining a better-than-expected start to the year. Over the first half, EOS reported revenue rose 92% on the PCP to $142.6m which beat BPe, and Bell Potter continues to forecast a return to profitability for the company in CY25.And Bell Potter has maintained a buy rating on HUB24 (ASX:HUB) with a 12-month price target of $53.20 following the release of the specialist investment platform provider's June quarter update including a strong Q4 performance of Funds Under Administration improving to $104.7bn, up 30% on the PCP and net flows of $5bn.

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In episode 101 of the [i3] Podcast, we speak with Damon Callaghan and Sam Byrnes of asset management firm ECP. ECP was established by Dr. Manny Pohl of Hyperion Asset Management fame and in this episode we talk about the opportunities and challenges of artificial intelligence when investing in Australian equities. Enjoy the show! 01:00 How we got started in investing 04:00 Sam: My dad was CEO of Bega Cheese and that got me both interested in business and also made clear that I didn't want to work in a factory 06:00 Who is ECP? 09:30 Artificial Intelligence and the Australian stock market 13:00 Parallel processing and the ability for GPU's to work in tandem 15:00 Where do you see the best use cases in Australian companies? 17:00 Hub24 is a good example of AI being used well 22:00 Is AI disruptive, or does it merely cement the dominance of the large incumbents? 23:30 Xero vs MYOB 29:30 Can you defraud a chatbot? 30:00 Corporate use of AI will be a lot slower than what the hyperscalers would like 37:00 Consultants will be the biggest winners from this 37:30 Ethical considerations in implementing AI. Adobe and copyright 45:00 The future of AI is hyper personalisation

The US Market is closed overnight for the Memorial Day holiday and will resume trading on Tuesday US time; however, it is expected the rally will continue from last week as investors shrugged off inflation concerns on Friday in favour of market optimism from Nvidia's latest stellar results indicating earnings inflation over the next quarter. The futures market is trading higher across the key indices on Monday.Over in Europe on Monday, it was a quiet day for markets as the UK market was also closed for the late May bank holiday. Elsewhere in Europe, markets closed slightly higher to start the new trading week as investors continue searching for clues as to when the European Central Bank may cut interest rates. The STOXX600 rose 0.28%, while Germany's DAX and the French CAC each added 0.4% on Monday.The Asia markets also closed higher on Monday to start a data-heavy trading week in positive territory. China's industrial profits rose 4.3% year-on-year from January to April which boosted markets on Monday in a sign the world's second largest economy is making small yet material steps in the right economic recovery direction. China's CSI index rose 0.95% on the back of this data release, while Hong Kong's Hang Seng rallied 1.2% and South Korea's Kospi Index climbed 1.32%.The local market started the week in positive territory closing Monday's session up 0.8%, overcoming last week's inflation-driven sell-off, led by the real estate stocks rising 1.6% and telecoms stocks rallying 1.3%. The sell-off last week was driven by hotter-than-expected inflation driver data released in the US which pushed back investor hopes of rate cuts. Energy stocks came under pressure on Monday as the price of oil dipped to a near three-month low amid demand concerns out of the world's largest oil demand market, the US.Neuren Pharmaceuticals soared over 15% yesterday after the company resumed trading following a halt on the release of Phase 2 trial results showing significant improvement in Pitt Hopkins syndrome including key aspects of communication, social interaction, cognition, and motor abilities.Lendlease was another stand out on the local bourse yesterday rising almost 10% after the company revealed a strategic review to its global strategy, while online luxury fashion platform Cettire also soared over 10% after ‘categorically rejecting' allegations that customers purchased counterfeit products from its site.What to watch today:Ahead of Tuesday's trading session here in Australia, the SPI futures are expecting the ASX to open the day up 0.2% or 16 points to extend the rally of this week into another trading day.On the commodities front this morning oil is trading 1.08% higher at US$78.56/barrel, gold is up 0.84% at US$2353.01/ounce, and iron ore is up 0.11% at US$117.66/tonne.1 Aussie dollar is buying 67 US cents, 104.40 Japanese Yen, 52.09 British Pence and 1 New Zealand dollar and 8 cents.Trading Ideas:Bell Potter has maintained a buy rating on Neuren Pharmaceuticals (ASX:NEU) and has raised the 12-month price target from $26.50 to $28.00 on the neuro-developmental targeted pharmaceuticals developer following the release of the company's Phase 2 trials results showing a second positive read out for its drug candidate NNZ-2591 in Pitt Hopkins Syndrome. Bell Potter sees the value in the company's second drug candidate represents a similar, if not larger market opportunity than Rett Syndrome which Neuren's Daybue drug is on the market treating at present.Trading Central has identified a bearish signal on Hub24 (ASX:HUB) following the formation of a pattern over a period of 17-days which is roughly the same amount of time the share price may fall from the close of $41.53 to the range of $38.10 to $38.80 according to standard principles of technical analysis.

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Hub24 is not a household name. But it's become a sharemarket darling, with the share price climbing from $1 to $40 over the last decade.Hub24 CEO and MD Andrew Alcock talks to Sean Aylmer about the company's stellar half-year results.This is general information only. You should seek professional advice before making investment decisions.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

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Compounding Capital, New Zealand's top investing podcast for professionals and wholesale investors.This month Chris and Mark discuss:HUB24 (ASX:HUB)Tyro Payments (ASX:TYR)Leaders & Laggards: Volpara Health Technologies (ASX:VHT)Credit Corp Group (ASX:CCP)                                                                            ---WARNING---The information in this podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. This podcast does not constitute investment or financial product advice. Listeners should make their own  investigations and seek professional advice regarding any companies discussed in this podcast before acting. The Discovery Founders' Fund is a Wholesale Offer as defined in the Financial Markets Conduct Act 2013.  Past performance is not indicative of future performance. 

Artificial Intelligence or AI is the phrase and phenomenon of 2023, paving the way for hyper efficiencies, cost-cutting, and overall operational excellence. With recent government assistance, the scale of in-house investing in AI for ASX listed companies is ramping up. Learn about which companies are leading the way.In this week's wrap, Grady covers:(0:11) Australia's AI landscape(1:08) Temple & Webster's (ASX:TPW) AI investment strategy(1:54) WiseTech Global's (ASX:WTC) acquirement of Shipamax(2:24) Coles Group (ASX:COL) experimenting with ChatGPT(2:57) AI in the mining sector - (3:56) Investing in AI-themed stocks(4:55) Best performing stocks in the ASX200(5:50) The most traded stocks & ETFs by Bell Direct clients(6:23) Five economic news items to watch out forRead the article transcript here

Equities rose in the US on Friday but recorded a losing week across the key indices as investor fears of further rate hikes out of the Fed strengthened on the back of weaker-than-expected initial jobless claims data released earlier last week. The Nasdaq and S&P500 both posted their first weekly losses in 3 weeks losing 1.9% and 1.3% respectively while the Dow Jones fell 0.8% over the week. Shares in e-signature company DocuSign fell 3.7% on Friday despite the company posting earnings that topped expectations and strong guidance for the third quarter.Over in Europe, markets closed slightly higher on Friday as investor sentiment is sliding on renewed inflationary concerns in the U.S., alongside weak Chinese economic data and stronger government bond yields. The STOXX600 rose 0.22% on Friday, Germany's DAX added 0.14%, the French CAC lifted 0.62%, and in the UK, the FTSE100 rose 0.49%. The rally on Friday was also due in part to the release of final eurozone figures for economic growth showing the economy grew 0.1% in the second quarter which was lower than the 0.3% growth economists were expecting in a sign interest rate hikes are having an impact in cooling the economy.Locally on Friday, the ASX200 fell 0.2% weighed down by materials and consumer discretionary stocks being sold off while some of the losses were offset by strength in the utilities sector.For the week, the ASX200 fell 1.67% with every sector closing in the red aside from energy stocks which were boosted by the rising price of oil on the back of output cuts from Russia and Saudi Arabia.Polynovo led the winning stocks on Friday with the healthcare company adding over 3% while Lake Resources and Pexa each jumped 2.7% and 2.57% respectively. Sayona Mining tumbled 4.55% on Friday despite the lithium miner announcing it reached the major milestone of shipping the first lithium oxide concentrate and generating maiden cash proceeds from its North American Lithium operation in Quebec.What to watch today:Ahead of the local trading session here in Australia the SPI futures are suggesting the ASX will open 0.06% higher to start the new trading week in the green.On the commodities front this morning, oil has retreated to trade 0.52% lower at US$87.05/barrel, gold is flat at US$1919/ounce and iron ore is down 0.85% at US$116.50/tonne.AU$1.00 is buying US$0.64, 93.95 Japanese Yen, 51.25 British Pence and NZ$1.08.Stocks trading ex-dividend today include Chorus (ASX:CNU), CSL (ASX:CSL), HUB24 (ASX:HUB), Terracom (ASX:TER) and Pepper Money (ASX:PPM). If you've been thinking about these stocks it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.Trading Ideas:Bell Potter has decreased the price target on AMA Group (ASX:AMA) from 26cps to 15cps and maintain a buy rating on the leading accident repair group in Australia following the release of the company's FY23 results including revenue falling slightly below Bell Potter's forecast at $869.6m. FY24 guidance was reiterated and the company also announced a $55m capital raise.And Trading Central has identified a bearish signal on Reece (ASX:REH) following the formation of a pattern over a period of 24-days which is roughly the same amount of time the share price may fall from the close of $19.24 to the range of $17.70 and $18.00 according the standard principles of technical analysis. 

What an episode we have for you this week -- filled with lots of stock analysis and hard-earned wisdom. Today, we assess the winners and losers of the reporting season so far. We profiled Coles, Woollies, Altium, WiseTech, Carsales, Data3, and Hub24. Even Domino's gets a mention -- the tech stock disguised as a pizza merchant. Or is it a pizza merchant disguised as a tech stock? Anyway! We then turn to one of the most important questions of them all -- when to sell stocks. Using his recent sell decisions as examples, Greg takes us through the sell process. In investing, as in life, it's OK to be wrong, not to stay wrong. To learn about Greg's premium service Fat Tail Investment Advisory go here.For more free research, check out Money Morning Australia.Check out our YouTube Channel https://www.youtube.com/@FatTailInvestmentResearch All content is © Fat Tail Investment Research Pty Ltd All Rights Reserved.We provide general financial product advice only. The advice published by Fat Tail Investment Research has been prepared without taking into account your objectives, financial situations or needs. Before acting on our recommendations, you should consider their appropriateness to your specific investment objectives, financial situation and needs. If you are uncertain as to what your objectives and needs are, you should contact a financial adviser or stockbroker who is licensed to provide you with personal financial product advice.Financial Services GuidePlease keep this guide for future reference. A copy is available from us on request or can be downloaded from our website at fattail.com.au/financial-services-guide/. If you do not understand anything in it, or require more information, please feel free to contact us here.

Greg Hansen, Executive, Group Strategy at HUB24, and Jo Hurley, General Manager, Growth at Class, join the SMSF Adviser Show to talk about Millennials entering the SMSF space. Mr Hansen and Ms Hurley explain what is causing the expansion of the SMSF sector and how technological advancements enable customised SMSF service offerings for Millennials. The pair also cover how advisory firms are adapting their practices to effectively serve the evolving demands and expectations of clients. Finally, Mr Hansen and Ms Hurley highlight what advisers and accountants need to think about when engaging with a younger demographic to cater to their specific needs and preferences.

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US equities kicked off earnings week on a positive note, with all three major benchmarks making gains overnight, in fact, all three benchmarks closed 0.3% higher. US financials will be in focus this week with the Bank of America reporting tonight and Morgan Stanley reporting on Wednesday. Investors have been keeping a close eye on the banking sector after the collapse of Silicon Valley Bank last month. European markets closed mixed. Germany's Dax, France's CAC and the STOXX 600 were all lower, while the FTSE 100 rose just 0.1% by the close. What to watch today:The Australian market is set to open 0.23% lower this morning, according to the SPI futures. BHP's (ASX:BHP) takeover of OZ Minerals (ASX:OZL) was approved yesterday and will be finalised in early May. In December last year, OZ Minerals announced that it had entered a Scheme Implementation Deed with BHP. The implementation date is May 2nd, when BHP will pay $26.50 per OZL share as the Scheme Consideration, and OZ Minerals will pay $1.75 per OZL share as a fully franked special dividend. In economic data, today the RBA's meeting minutes will be released at 11:30am AEST, which will provide some insights into the meeting when the central bank decided to hold the cash rate steady for the first time in 10 months. And attention this week will be on China's gross domestic product report on Tuesday and UK CPI numbers on Wednesday. In commodities, The oil price is trading over 2% lower, as concerns mounted that further rate hikes from the Fed will hurt growth even more. However, also note that GDP growth data for China that is due to be released tomorrow, which should offer some relief for a fall in oil demand. Gold is 0.4% lower as investors continue to assess the monetary policy outlook. Iron ore is trading flat. Auckland International Airport (ASX:AIA) and Hub24 (ASX:HUB) are set to release quarterly reports today, so keep watch of those share price movements today. Trading Ideas:Bell Potter have initiated coverage on Brickworks (ASX:BKW) with a buy rating. BKW is a building materials and property developer. Bell Potter says that on face value, the company looks reasonably priced relative to listed peers, however, a high presence of equity accounting masks what is relatively low-cost exposure to a residential housing recovery, with BKW's core Building Products business trading at an approximately 11% discount to the peer group. Bell Potter's price target is $27.00. At the stock's current share price of $23.56, this implies 14.6% share price growth in a year. Trading Central have identified a bullish signal on Core Lithium (ASX:CXO) indicating that the stock price may rise from the close of $0.93 to the range of $1.12 to $1.16 over 17 days, according to the standard principles of technical analysis. 

The global banking crisis took an historical turn this morning with investment bank, UBS, agreeing to buy Credit Suisse Group in a deal worth $4.5 billion to restore investor confidence in the global banking sector. The crisis worsened on Friday after a fourth bank, the First Republic bank, received a US$30 billion lifeline from a group of big banks including Goldman Sachs and Bank of America, after customers began withdrawing their deposits from First Republic bank amid the collapse of SVB. Shares in First Republic Bank tumbled 33% on Friday to close the week down 72%. On Friday, the Dow Jones closed 1.2% lower, the S&P500 fell 1.1% and the Nasdaq closed down 0.74%. For the week though the Nasdaq rose 4.41% as investors bet on technology and growth stocks ahead of the FOMC meeting this week.Over in Europe, markets closed lower on Friday as investors digest the fallout from Credit Suisse accepting financial help to stabilise the banking system. Germany's DAX fell 1.33% on Friday while the French CAC lost 1.43% and in the UK the FTSE100 shed just over 1%.In Australia, markets closed 0.42% higher on Friday but 2.1% down for the week as the local index was caught up in the global banking crisis driven sell-off. What to watch today:In commodities, oil Is trading 2.36% lower at US$66.74/barrel, gold is up almost 3.6% at US$1988.08 and iron ore is flat at US$132/tonne.The Aussie dollar has slightly strengthened to buy US$0.67, 88.53 Japanese Yen, 54.89 British Pence and NZ$1.07.Ahead of the local trading session the SPI futures are anticipating the ASX to open 1.4% lower as investor sentiment continues to ride on the unfolding global banking crisis.Stocks trading ex-dividend today include HUB24 (ASX:HUB), Adairs (ASX:ADH), and Duratec (ASX:DUR). If you've been thinking about these stocks it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.Trading Ideas: Bell Potter has downgraded its price target on Synlait Milk (ASX:SM1) from $4 to $3.20 but maintain a buy rating on the company. The downgrade in price target comes after the company downwardly revised FY23 NPAT expectations relative to market expectations ahead of its 1H23 result. NPAT guidance has been downwardly projected to now be $15-$25m NZ dollars, which is much lower than Bell Potter's expectations of a forecasted NZ$35.8m and consensus expectations of NZ$50m. Major drivers of the change in NPAT forecast from the company have been attributed to order deferrals from major IMF customers, inflationary cost pressures, lower milk production and higher working capital costs.Trading Central has identified a bearish signal on Ansell (ASX:ANN), following the formation of a pattern over a period of 40-days which is roughly the same amount of time the share price may fall from the close of $26.14 to the range of $20.90 to $21.80 according to standard principles of technical analysis.

Compounding Capital, New Zealand's top investing podcast for professionals and private investors.This month Chris and Mark discuss:Duratec (ASX:DUR)MMA Offshore (ASX:MRM)HUB24 (ASX:HUB)Hansen (AX:HSN)Leaders & Laggards of the ASX                                                                            ---WARNING---The information in this podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. This podcast does not constitute investment or financial product advice. Listeners should make their own  investigations and seek professional advice regarding any companies discussed in this podcast before acting. The Discovery Founders' Fund is a Wholesale Offer as defined in the Financial Markets Conduct Act 2013.  Past performance is not indicative of future performance. 

Compounding Capital, New Zealand's top investing podcast for professionals and private investors.This month Chris and Mark discuss:Nanosoncis (ASX:NAN)HUB24 (ASX:HUB)Discovery's BookshelfLeaders & Laggards of the ASX                                                                            ---WARNING---The information in this podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. This podcast does not constitute investment or financial product advice. Listeners should make their own  investigations and seek professional advice regarding any companies discussed in this podcast before acting. The Discovery Founders' Fund is a Wholesale Offer as defined in the Financial Markets Conduct Act 2013.  Past performance is not indicative of future performance. 

US markets were closed for the Martin Luther King holiday, but coming up this week in the US are Q4 earnings results, with Netflix and State Street announcing results Thursday and Friday.  European equities mostly ended their start to the week with modest gains. A key focus for European markets this week is the World Economic Focus in Switzerland, where the heads of state, business leaders and academics debate and discuss certain topics. The key themes this week are the war in Ukraine, economic uncertainty and climate change. And we're seeing defensive sectors under-performing around the world so far in 2023, notably healthcare and utilities. Australian utilities are more than 6% behind. What to watch today:Despite the positive run overnight, the SPI futures are suggesting the Australian market will drop 0.29% at the open this morning. Super Retail (ASX:SUL)'s share price may continue to advance today after yesterday's rally off the back of a strong update, with Goldman Sachs reiterating a buy rating on the stock with an improved price target of $14.20. Watch HUB24 (ASX:HUB), scheduled for a market update, and Rio Tinto (ASX:RIO) set to announce a quarterly production update. Katana Capital (ASX:KAT) and Tower (ASX:TWR) are set to go ex-dividend today. In commodities, The oil price has dropped, after advancing 8% last week, as China's reopening from COVID curbs raised hopes for a boost in economic activity, with analysts forecasting that oil demand in China will likely hit a record this year. Gold is currently trading slightly in the red, however is hovering at its strongest levels in nearly nine months. And iron ore has jumped more than 2.4% higher to US$127 per tonne, the highest since mid-June, due to continued optimism about demand prospects in China and weakening supply concerns. In economic data, at 10:30am AEDT Westpac will release its data on consumer confidence. Trading Ideas: Bell Potter maintain a BUY rating on Janus Henderson (ASX:JHG), ahead of the release of the company's full year results for 2022, which will be out on the 2nd of February. Bell Potter have slightly upgraded their FY22 funds under management forecast to $279 billion from $263.5 billion previously. As a result, EPS is 0.6% higher for FY22, 5.5% higher for FY23 and 5.6% higher for FY24. EBITDA is also 0.6% higher in FY22, and 5.6% and 5.5% higher in FY23 and 24 respectively. Their dividend forecast in Australian dollars has increased, reflecting the currency movements applied to a US dollar dividend. Bell Potter have lowered their price target from $45.37 to $43.81, and at JHG's current share price of $38.27, this implies 14.5% share price growth in a year. Trading Central have identified a bullish signal in BetMakers Technology Group (ASX:BET) indicating that the stock price may rise from the close of $0.29 to the range of $0.33 to $0.35 over 44 days, according to the standard principles of technical analysis. 

Vince is an Author, Founder and Chief Sherpa at Life Sherpa. He sits down with Ben to discuss his take on the rise of technology in advice, and how the term “financial literacy” can create shame around money. Vince Scully XY: https://www1.xyadviser.com/members/2272378 Vince Scully LinkedIn: https://www.linkedin.com/in/vincescully/ Life Sherpa Website: https://lifesherpa.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Carlii is an International Speaker, Workshop Facilitator and a Personal Brand Expert. She and Jess talk about using your personal brand to create authenticity in your business and with your online presence. Carlii Lyon LinkedIn: https://www.linkedin.com/in/carliilyon/ Carlii Lyon Website: https://carliilyon.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

When Morgan last appeared on the XY Podcast, she had just started as the Director of Financial Planning at Yield Advisory. This time, she joins Ben to chat about how the business has developed, and the importance of being adaptable and open to change. Morgan Hayward XY: https://www1.xyadviser.com/members/2853291 Morgan Hayward LinkedIn: https://www.linkedin.com/in/morganrhayward/ Yield Advisory Website: https://yieldadvisory.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Briony is a Motivational Keynote Speaker and author of "Life Is Tough But So Are You". She and Jess discuss how to help and comfort clients when they're given life-changing news, and what we can do better to support those in need. Briony Benjamin LinkedIn: https://www.linkedin.com/in/briony-benjamin/ Briony Benjamin Website: https://www.brionybenjamin.com/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Kristian is a Financial Adviser and Partner at Peak Wealth Management. He and Ben chat about how he approached building his team, and the importance of having an "engine room" and maintaining quality control. Kristian Zuza LinkedIn: https://www.linkedin.com/in/kristianzuza/ Peak Wealth Management Website: https://peakwm.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Charlie is a Principal Private Wealth Adviser at Shadforth Financial Group. He and Jess explore the idea of "succeeding at failing", and the balancing act we put ourselves through when defining ourselves as either a success or a failure. Charlie Fraser LinkedIn: https://www.linkedin.com/in/charlie-fraser-47b84317/ Shadforth Website: https://www.sfg.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Vanessa is a Financial Educator, Best-Selling author and CEO of Evolution Media Group. She and Ben discuss her new book "The Five Conversations About Money That Will Radically Change Your Life", and how to create content that makes people actively engage with their money. Vanessa Stoykov LinkedIn: https://www.linkedin.com/in/vanessa-stoykov/ Evolution Media Group Website: https://evolutionmediagroup.com.au/ Vanessa Stoykov Website: https://vanessastoykov.com.au/ Podcast: https://vanessastoykov.com.au/podcast/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Felicity is the Owner and a Financial Planner at Cooper Wealth Management. She and Jess chat about how she was crowned 2022 AFA Financial Adviser of the Year, and what she's doing in her practice to stand out. Felicity Cooper LinkedIn: https://www.linkedin.com/in/goldcoastfelicitycooper/ Cooper Wealth Management Website: https://www.cooperwealthmanagement.com.au/  Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Compounding Capital, New Zealand's top investing podcast for professionals and private investors.This month Chris and Mark discuss:HUB24 Ltd (ASX:HUB)Pinnacle Investment Management (ASX:PNI)Feedback from the FrontlineLeaders and Laggards of the ASX                                                                            ---WARNING---The information in this podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. The Podcast does not constitute investment or financial product advice. Listeners should make their own  investigations and seek professional advice regarding any companies discussed in this Podcast before acting. The Discovery Founders' Fund is a Wholesale Offer as defined in the Financial Markets Conduct Act 2013.  

Greg is the Senior Business Strategy Manager at HUB24 Limited. He and Fraser deep dive into the technology side of the client experience, and how it will continue to shape advice in the future. Greg Hansen LinkedIn: https://www.linkedin.com/in/greg-hansen-a0640838/ HUB24 Website: https://www.hub24.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Stewart is the Founder and Business Coach at Audere Coaching and Consulting. In this first episode, Stewart and Fraser discuss all things client experience, from growing your business and future technology concepts. Stewart Bell LinkedIn: https://www.linkedin.com/in/financial-planning-business-coach/ Audere Website: https://audere.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Kim is a Keynote Speaker, Trainer and Coach at 9rok Consulting. She joins Fraser to share her insights and experiences with delivering a great client experience. Kim Payne LinkedIn: https://www.linkedin.com/in/kimpayne9rok/ 9rok Consulting Website: https://9rok.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Michael is a Business Coach and the Founder of Human to Human. Michael is a self-confessed client experience enthusiast, and in this installment he and Fraser chat about how technology plays a vital part in the human client experience. Michael Back XY: https://www1.xyadviser.com/members/2243422 Human to Human Website: https://humantohuman.com.au/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Suz is a Business and Mindset Coach, and in this episode she talks about how your brand aligns with your client experience, and how you can win at both. Suz Chadwich LinkedIn: https://www.linkedin.com/in/suzannechadwick/ Suz Chadwick Website: https://suzchadwick.com/ Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Troy is the Founder and Director of Financial Services at RFS Advice. He sits down with Ben to chat about the importance of building a team and having a community in your business, and the most difficult skill he's had to master as an adviser. RFS Advice Website: https://www.rfsadvice.com Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

The local market jumped 1.72% today amid a rise in US futures after a solid session on Wall Street overnight driven by solid earnings results released including from the Bank of America, which rose 6% after reporting stronger than expected Q3 results. Locally, the tech sector led gains on the key index today adding more than 4%, taking lead from the Nasdaq posting its best session since July overnight. Every sector aside from the energy sector closed higher today. Another pivot out of the UK in the form of new finance minister Jeremy Hunt saying he will reverse nearly all tax-cuts announced and that the energy price guarantee would continue through the winter, boosted markets around the world today.The RBA's meeting minutes for October were also released today, outlining the RBA's shock decision to raise the country's cash rate by 25 basis points in October was “finely balanced” with the risk of a global and domestic economic slowdown, but that further interest rates hikes would likely be required.Today Westpac (ASX:WBC) confirmed its in takeover talks with embattled fintech company Tyro Payments (ASX:TYR) to acquire 100% of the company's issued share capital in a bid to strengthen Westpac's small business proposition particularly in the hospitality and healthcare sectors. Following the announcement, shares in Westpac (ASX:WBC) rose 2.3%, while Tyro Payments (ASX:TYR) shares rallied 1.9%.The winning stocks for today's session were NOVONIX (ASX:NVX) which added 18.99% amid the surge in tech stocks today, Hub24 (ASX:HUB) jumped 14% today after the company released a quarterly update outlining net inflows of $3 billion for the quarter, and Telix Pharmaceuticals (ASX:TLX) added 11% today after the company released promising preliminary data from two investigator-initiated studies in triple negative breast cancer, and non-muscle-invasive bladder cancer.On the losing end of the market today, St Barbara (ASX:SBM) took the biggest hit, tanking more than 21.5% after releasing a first quarter report for the three months to September 30, including a downgrade to the gold miner's guidance for FY23 on the back of a slower than expected ramp up in underground mine equipment availability and utilisation impacting production at its Leonora operation where the company's Gwalia Mine is located. Adbri (ASX:ABC) extended its dive today, falling another 4.5%, and Coronado Global Resources (ASX:CRN) dropped 4.4% today.The most traded stocks today by Bell Direct clients today were Lake Resources (ASX:LKE), the BetaShares Geared Australian Equity Hedge Fund (ASX:GEAR), and the BetaShares Australian Strong Bear Hedge Fund (ASX:BBOZ).US housing starts and building permits data for September will be released tomorrow, with the markets expecting a decline on both metrics from the month of August.The Australian dollar is buying 62.9 US cents, 55.26 British Pence, 94.09 Japanese Yen and 1 dollar and 11 New Zealand cents.

It was a strong session for US equities overnight, with all three major benchmarks rallying higher. Strong earnings results came in from the banks that boosted the volatile market. The Dow Jones gained 550 points or 1.86%. The S&P500 gained 2.65% and oversold tech names also enjoyed a rebound, with the Nasdaq closing with a 3.43% gain. What to watch today: The SPI futures are suggesting the Australian market rise 0.92% at the open this morning. In economic news, today the RBA will release the minutes from its October meeting, when the cash rate was raises a further 25 basis points to 2.6%, while brining borrowing costs to a level last seen mid-2013. It's not likely the minutes will move markets but it will provide us with some more commentary the RBA's current position. In commodities, Oil is trading flat at around US$85 per barrel as China's continuation of loose monetary policy offset fears of high inflation and energy costs. The price of gold is up 0.5%, extending its rebound after hitting a two-week low earlier in the week, as the UK's decision to reverse unfunded tax cuts lifted market sentiment. Seaborne iron ore is down 1%. Watch the price movements of Rio Tinto (ASX:RIO) and Hub24 (ASX:HUB). Both companies are set to release a quarterly report today. While Endeavour (ASX:EDV), Cochlear (ASX:COH) and Brambles (ASX:BXB) will hole their AGMs today. Trading Ideas:Bell Potter maintain a Buy rating on Coronado Global Resources (ASX:CRN). The companies CY22 guidance implies a strong July- December lift in coal output and corresponding lower costs. And Bell Potter say that CRN will generate strong free cash flow on their met coal price outlook. And in the absence of acquisition or major project developments, the company is likely to return surplus funds to shareholders, and that's reflected in their strong dividend yield outlook. Bell Potter have increased their price target to $2.20 and at CRN's current share price of $2.06, this implies 6.8% share price growth in a year. And Trading Central have identified a bearish signal in BHP Group (ASX:BHP) indicating that the stock price may fall from the close of $39.09 to the range of $34.40 to $35.30 over 15 days, according to the standard principles of technical analysis. 

Professional advice is such an important part of investing. HUB24, the company that provides the platform for many of Australia's advisors, knows this better than anyone.Andrew Alcock, Managing Director of HUB24, talks to Sean Aylmer about the company's annual results, and the future of financial advice in Australia.Support the show: https://fearandgreed.com.au/all-episodesSee omnystudio.com/listener for privacy information.

Our local market came under pressure yesterday, closing 1% lower. It was a sea of red, with all eleven industry sectors declining. Leading the losses was both the consumer discretionary and tech sectors, after a number of company announcements as well as speculation of aggressive US policy tightening to control inflation. The best performing stock was NIB Holdings (ASX:NIB), after the private health insurer released its full year results, which showed a 7.2% increase in revenue, but a decline in its net profit, however the decline was slightly ahead of estimates. Other top performers included EML Payments (ASX:EML), Pilbara Minerals (ASX:PLS) and Telix Pharmaceuticals (ASX:TLX). Meanwhile, Adbri (ASX:ABC) tumbled 17% after wet weather disruptions and rising fuel and energy prices impacted its profits. Some of the most traded stocks by Bell Direct clients yesterday included BHP Group (ASX:BHP), the BetaShares Australian Strong Bear Hedge Fund ETF (ASX:BBOZ) and aerial imagery technology business Nearmap (ASX:NEA). In the US, all three benchmarks started the new trading week in the red after renewed fears of aggressive rate hikes returned to Wall Street. Consumer discretionary, communication services and tech stocks were hit the hardest. So we saw the Dow tumble more than 600 points, experiencing its worst day since June. The S&P500 was down 2.1% and the Nasdaq fell 2.6%.What to watch today:Following the US, the SPI futures are suggesting that our market will follow with a fall of 0.6% at the open. Companies reporting their earnings today include: AMA Group (ASX:AMA), Alumina (ASX:AWC), Boral (ASX:BLD), Breville (ASX:BRG), Estia Health (ASX:EHE), Monadelphous (ASX:MND) and HUB24 (ASX:HUB).In commodities:Oil prices traded flat following the Saudi energy minister stating that OPEC could cut production to confront market challenges. The gold price declined as the US dollar rallied and as the looming interest rate hikes dented bullion's appeal. The spot iron ore price is trading flat at US$104 a tonne.Some stocks going ex-dividend today include: intellectual property services group IPH (ASX:IPH), Domain Holdings (ASX:DHG) and Qualitas (ASX:QAL). If you hold Transurban Group (ASX:TCL) you will receive your dividend payment today.  Testing, inspection and certification business ALS (ASX:ALQ) will be holding its AGM today.  Trading Ideas:Potter have maintained its Buy rating on Accent Group (ASX:AX1) and have increased its price target from $1.90 to $2. At its current share price of $1.71, this implies about 17% share price growth in a year. Trading Central has a bearish signal on Dexus (ASX:DXS) indicating that the stock price may fall from the close of $9.01 to the range of $8.56 - $8.64 in the next 33 days according to standard principals of technical analysis.  

The benefits of managed accounts are the focus of this week's ifa Show podcast. As the use of managed accounts continues to grow, host Maja Garaca Djurdjevic is this week joined by HUB24 head of managed portfolios Brett Mennie, Elixir Consulting expert business strategist Graham Burnard, WOW Women Group founder and CEO Tracey Sofra and Private Wealth Partners financial adviser Damien Skidmore to discuss their biggest benefits. "Running a practice has now become quite complex, quite compliance burden-orientated. Costs have gone up in delivering advice to clients and advisers are looking for, within their practice, to become more efficient, looking at where their time is spent," said Mr Mennie. “Managed accounts solve that dilemma while also reducing risk in the practice, so it more systematises the practice.” Combating the cost of delay, having professional management oversight and deepening the client relationship were among the key benefits highlighted by this week's guests. Ms Sofra and Mr Skidmore also shared their own perspectives on transitioning to managed accounts, while Mr Burnard stressed the importance of having a plan in place before making the jump.

Snap, crackle and pop. A brutal end to a brutal week. The era of ASX outperformance seems to be well and truly over for now. Except for goldies and staples, it was another sea of red, led by materials, tech, energy, consumer discretionary and financials which fell between 1.4% and 2.8%. Industrials, utilities and REITs were the relative standouts, if you can call it that, managing to limit falls to under 0.8%. It was that kind of day. Staples managed to eke out a modest gain, helped in part by a big lift in Endeavour which jumped 2.5%. Who doesn't need a drink? GUD Holdings joined the confession session blacklist, issuing a downgrade. It plunged 19%, the largest of any firm on the 200. Harvey Norman slid 6.8%, Square 6.5% while HUB24 skidded 7.1% on the back of broker downgrades. The benchmark index slumped 1.76%, falling 116.3 points to close at 6474.8. For the week, it tumbled 6.6%, the largest fall since the early days of the pandemic.Today's top 3 VODs:Conway's sell, sell, sell for the weekSmalls to 'buy' with upsideConway's sell, sell, sell for the week See acast.com/privacy for privacy and opt-out information.

Yesterday, the Aussie share market declined 0.2%, which means the market is now tracking 1.8% lower this week.Looking at the sector performances, the market was mixed. Notably, the real estate sector fell 1.5%, its lowest level in almost two months as investors began to factor in higher borrowing costs for property companies with interest rates rising. The best performers included HUB24 (ASX:HUB), Orora (ASX:ORA) and Virgin Money UK (ASX:VUK), all closing over 3% higher. While on the flip side, AVZ Minerals (ASX:AVZ) fell 19% after news that the company threatened legal action against a transfer of shares in Dathcom (which is a company AVZ holds a large stake in). Also declining yesterday were tech shares like Zip (ASX:ZIP), NOVONIX (ASX:NVX) and Tyro Payments (ASX:TYR).The most traded stocks by Bell Direct clients yesterday included Flight Centre (ASX:FLT), Commonwealth Bank (ASX:CBA) and Firefinch (ASX:FFX).It was a big trading session over in the US. The Dow and S&P500 saw their biggest daily gains since 2020. The Dow rose more than 900 points, the S&P500 was up nearly 3% and the Nasdaq lifted an impressive 3.2%. As expected, the central bank announced a 50 basis point increase, or 0.5% increase in the benchmark interest rate, its biggest rate increase since 2000. And the Fed noted that it would also start reducing its balance sheet in June.What to watch today:The SPI futures are suggesting the market is set to open 0.43% higher.Reporting wise, National Australia Bank (ASX:NAB) is one to watch today, as the banking giant has released its half-year results this morning. Other companies releasing results today include Eclipx Group (ASX:ECX) and Virgin Money UK (ASX:VUK).Economic news wise, Australia's balance of trade for March will be released today. That's the difference between what we export vs. what we import. Moving to commodities, the oil price jumped 5% as the European Union spelled out plans to phase out imports of Russian oil.  The gold price rose as both the US dollar and US Treasury yields fell following the Federal Reserve chairman Jerome Powell's comments that inflation was too high, making bullion more appealing.  If you're a shareholder of Gold Road Resources (ASX:GOR) or Arena REIT (ASX:ARF) you can expect to receive your dividend payment today. And Vita Group (ASX:VTG) is set to go ex-dividend today.Iress (ASX:IRE), Rio Tinto (ASX:RIO) and QBE Insurance Group (ASX:QBE) are holding their AGMs today.Trading Ideas:Citi have maintained its Buy rating on ARB Corp (ASX:ARB) however with a reduced price target, from $48.15 to $46.63. At its current share price $33.61, this implies about 39% share price growth in a year. Trading Central has a bearish signal on Shaver Shop Group (ASX:SSG) indicating that the stock price may fall from the close of $1.11 to the range of $0.76 - $0.82 in the next 369 days according to standard principals of technical analysis.  

The local market advanced slightly higher yesterday, up 0.1% to 7,569 points, just 0.8% off reaching its record high. Sectors wise, the healthcare sector led the market, boosted by a sizeable jump in Ramsay Health Care (ASX:RHC)'s share price. RHC, the second largest Australian-listed health company lifted an impressive 24% to $80 per share, after receiving a takeover proposal from private equity company, KKR. On the flip side, investment platform, HUB24 (ASX:HUB) fell the most, down 6.5% following some brokers responding to the company's latest quarterly update, with a few trimming their price targets. The most traded stocks by Bell Direct clients yesterday included Westpac (ASX:WBC), Lake Resources (ASX:LKE) and Ramsay Health Care (ASX:RHC). The US market was divided. The Dow managed to gain about 250 points, off the back of strong results from Procter & Gamble, while the Nasdaq was dragged down by Netflix's disappointing results, where it saw its first subscriber loss in more than 10 years. As well as company results, investors were keeping a close eye on the 10-year Treasury yield which retreated on Wednesday.What to watch today:Despite the mixed session in the US, if you go by the SPI futures, the Aussie share market is set to open 0.40% higher this morning.  Keep an eye on BNPL stock Zip (ASX:Z1P), the company will be releasing its third quarter update this morning. And as at the start of today's trading session, Zip's ticker code will change from Z1P to ZIP. Other companies set to release results today include BHP Group (ASX:BHP), Brambles (ASX:BXB), Challenger (ASX:CGF), Evolution Mining (ASX:EVN), Stockland (ASX:SGP) and Santos (ASX:STO).In commodities, the oil price rebounded following a drop in US oil inventories and concerns over tight supplies. The gold price traded slightly higher at US$1,957 an ounce. While the spot iron ore price is trading 2.7% lower at US$146 a tonne.There are two new companies debuting on the Aussie share market today. Firstly, Australian battery metals exploration company, Pure Minerals, its ticker code is PR1. And secondly, Perth-based crop nutrition company RLF AgTech, which will be trading under the ticker code RLF.There are also a few companies paying their dividends today. These include Lovisa (ASX:LOV), Rio Tinto (ASX:RIO), Cochlear (ASX:COH) and Austal (ASX:ASB).Lastly, capital market company, Plato Income Maximiser (ASX:PL8) and MFF Capital Investments (ASX:MFF) are set to go ex-dividend today.Trading Ideas:Bell Potter have maintained its BUY rating on chemical manufacturing company, DGL Group (ASX:DGL) and have increased its price target from $3.50 to $4.30. DGL continues to validate its chemicals logistics vertical and despite record seasonal tailwinds, Bell Potter believe the company has several levers to grow earnings in financial year 2023. Trading Central has a bearish signal on Rio Tinto (ASX:RIO), indicating that the stock price may fall from the close of $118.30 to the range of $95 - $100 in the next 32 days according to standard principals of technical analysis. 

Over the past few years Vince Scully has built an incredible business delivering cost-effective advice, and is continuing on that journey. In this episode we discuss if it's still possible to deliver cost-effective advice in the current environment, and how that's achievable. Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Vince Scully Financial Adviser, Author, Founder and Chief Sherpa at LifeSherpa Vince Scully LinkedIn: https://www.linkedin.com/in/vincescully/ LifeSherpa Website: https://lifesherpa.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

In this episode we hear how Nicola Beswick is finding her way as an intrepreneur within an existing, traditional professional practice. She talks about how not everyone gets to start a business from scratch, but entering a more traditional pathway shouldn't suppress your entrepreneurial mindset.  Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Nicola Beswick Senior Financial Adviser and Confidante at FMD Financial Nicola Beswick LinkedIn: https://www.linkedin.com/in/nicola-beswick-financialplanner/ Pro Bono Advice Network: https://www.afa.asn.au/membership/pro-bono-financial-advice-network Nicola Beswick Website: https://www.nicolabeswick.com/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

In this episode we start high-level as we discuss the evolving advice landscape, and how the difference between “thriving” or “surviving” is in the mental flexibility to see things with an entrepreneurial mindset. Find out how HUB24 is empowering advisers to deliver better financial futures https://www.hub24.com.au/ Adele Martin Certified Financial Planner, Managing Director of Firefly Wealth and Founder of My Money Buddy Adele Martin XY: https://www1.xyadviser.com/members/2403682 Adele Martin Website: https://www.adelemartin.com/ Vince Scully Financial Adviser, Author, Founder and Chief Sherpa at LifeSherpa Vince Scully LinkedIn: https://www.linkedin.com/in/vincescully/ LifeSherpa Website: https://lifesherpa.com.au/ Nicola Beswick Senior Financial Adviser and Confidante at FMD Financial Nicola Beswick LinkedIn: https://www.linkedin.com/in/nicola-beswick-financialplanner/ Pro Bono Advice Network: https://www.afa.asn.au/membership/pro-bono-financial-advice-network Nicola Beswick Website: https://www.nicolabeswick.com/ Greg Newman Head of Retail Distribution at HUB24 Greg Newman LinkedIn: https://www.linkedin.com/in/gregory-newman-74213638/ HUB24 Website: https://www.hub24.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/