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Note from the MD
The S&P/ASX 200 Index closed up 32.90 points (0.47%), back up near our all time highs. Technically it’s looking strong but there is resistance around 7130. Volatility is back towards lows and some interesting trading opportunities presenting themselves.
CBA supported the market with better than expected half-year results (only 4.3 % fall in cash profit in the first half of the financial year, to $4.48 billion). Their shares jumped 3.46 points (4.08%).
Carsales.com (ASX: CAR) shares also rose 1.47 points (8.34%) today, reporting record-half-year results. The revenue for the six months to December 2019 grew by 5% to $214 million.
Meanwhile, the race for the White House has begun, with Iowa and New Hampshire being the first states to hold a caucus and primary election on 3 and 11 February, respectively.
We currently have a convertible note with a yield of up to 18% per annum and first ranking debt. Join me for a live online investor briefing tomorrow afternoon for a run-through of the investment. Join here.
Patrick Nelson
Managing Director
Reach Markets
High-yield investments in a low-yield environment
Blake Reid, Reach Markets
In 1985, the average term deposit was close to a massive 12%, then fell to 7-9% ten years later. Since then it has only gone downhill, sliding to record lows of 1.15% in January this year. Many investors and retirees have relied on their term deposit yields for income in the past but are now forced to look for alternative investments that can offer better returns...
When was the last time monopoly was broken?
Mette Neilson, Reach Markets
Founder of Tesla and SpaceX, Elon Musk's eyes seem to have been drawn down under, specifically to a satellite internet service which has just recently been given initial approval to operate The approval is the first step for the American company to be able to offer its Starlink satellite network service to Australian users, which would create ripples in an otherwise monopolised market...
The Next Wellness Tourism Hot Spot
Cat McLean, Reach Markets
Wellness: It’s a $4.2 trillion industry. While things like vegan diets and meditation may have been considered somewhat bohemian a decade ago, wellness is a mainstream concept for consumers today...
Online Investor and Trader Briefings
Secured High Yield Convertible Note | Thursday 13 FEB at 7 pm
A new wholesale investment opportunity with up to 18% yield per annum and an option to convert to equity at 12% discount. It has first ranking debt, is capital guaranteed and the returns are underwritten. BOOK
Lombok Property Group Investor Briefing | Tuesday 18 FEB at 7 pm
Join Lombok Property Group CEO Marc Thomson, as he outlines the unique position of the company in a growing marketplace and provides an update on LPG and its developments. BOOK
Options Trading Masterclass | Wednesday 12 FEB at 7 pm
Over the next three weeks we will be running a live online Options Masterclass series teaching you how to trade exactly like the professionals. The first session is tonight and topics will include how to pick direction; when to get in, when to hold and when to get out; and the exact rules for trading up, down and sideways opportunities. BOOK
Past Investor and Trader Briefings
Watch this special session as PTX's CEO covered the unique moment in the company's timeline and outlined exciting news including their collaboration with Carina Biotech. Recorded 28 January at 12 pm. Watch the recording
Professional traders Ivan Tchourilov and Patrick Nelson discussed how to trade the market at major pivot points, the rules they use when trading breakouts and how they identify and switch if it's a fake-out. Recorded 14 January at 12pm. Watch the recording
In Case You Missed It: Connec disrupts technology unchanged for 40 years
David Sellars, Reach Markets
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Think about what technology was like in the 1980s. Cassette walkmans were breakthrough technology. So-called mobile phones weighed almost a kilo. The original Macintosh cost $2500 and it got you a mindblowing 125KB of RAM. Now imagine that this technology occasionally sparked and caused serious injuries...
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