For the 43 companies that have reported Q4 earnings, total earnings are up 7.4% on the same time last year. Revenues are up 3.3%.
At completion total S&P500 earnings are expected to be down -6.4% which would follow the -7% in the Q3.
We expect to see the strongest earnings growth in construction and autos for Q4.
A break below 3,780 in the index will be a negative sign.
Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Amcor goes ex-div $0.17 on 3 March.
CSL is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now consolidating above the $30 support level.
ResMed is under Algo Engine buy conditions and we see buying support building.
ResMed will release 2Q21 earnings on Friday 29 January.
Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now consolidating above the $30 support level.
Investors should consider a buy-write strategy to enhance the income return. For more detail please call our office on 1300 614 002.
ASX is under Algo Engine buy conditions and is now likely to find buying support.
Ansell is under Algo Engine buy conditions and we see support building within the $33 – $36 level.
ANN goes ex-div $0.33 on 24 Feb.
Subscribers to our Options Pro service should look at buying the Feb $34.50 calls as a leveraged exposure. For more detail on our strategy, please call 1300 614 002.
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ResMed is under Algo Engine buy conditions and we see buying support building.
ResMed will release 2Q21 earnings on Friday 29 January.
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