Macquarie Group – FY23 Earnings
MQG’s FY23 NPAT was up +10% on the same time last year, the stock trades on a forward PE of 16x, and a dividend yield of 3.8%.
S&P500 Earnings
Quarterly S&P 500 earnings per share peaked at $54.
Buffett expects the ‘majority of holdings to report lower earnings this year than last year’, citing a ‘very different climate than 6 months ago’. Buffett’s commentary about the economy is somewhat conflicting with the earnings results of the Berkshire conglomerate, where operating earnings for Q1 2023 increased 13% YoY.
Changes in M2 tend to influence future changes in GDP. It suggests that additional weakness in GDP is to be expected. Employment appears to remain strong and is often used to support the view that recession is avoidable.
Lottery Corp
XJO & Market Direction
Sorry, but this content is restricted to our members.
Please login with your account or register for a free trial. If your trial has expired, then you may renew it here.
If you are having an issue with your account, then please get in touch with us.
S&P500 & Market Direction
Sorry, but this content is restricted to our members.
Please login with your account or register for a free trial. If your trial has expired, then you may renew it here.
If you are having an issue with your account, then please get in touch with us.
Trade Table: ASX 200
The ASX 200 Trade Table has closed the Mirvac and ALS Ltd trades for a 7.5% and 12.6% return.
The year-to-date portfolio return, measured by the increase in net asset value, (NAV), is up 32%.
Watch Last Night’s Webinar
In case you missed it, you can watch last night’s webinar here.
ALS Limited is up 15.4% in 35 days…
ALS has been an open trade for 35 days and is up 15.4%. We’re likely only days away from seeing the sell conditions met on this one.
For more detail and up-to-date instructions, see the ASX 200 Trade Table.
Mirvac Group +14.2%
Mirvac has been an open trade for 28 days and is up 14.2%. Our Algo Engine will continue tracking the momentum and we may soon see a sell alert when the price action rolls over.
For more detail and up-to-date instructions, see the ASX 200 Trade Table.
Lottery Corp
The Lottery Corporation is a new trade entry from the ASX200 Trade Table.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453