Origin – Buy Signal
Origin Energy is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Buy ORG at $7.80.
IAG – Value Emerging
Insurance Australia Group looks oversold at $6.60. The insurers are out of favour and have been dumped from portfolios.
IAG is a preferred value recovery play within the sector.
Accumulate IAG within the $6.50 – $6.75 range.
Alacer Gold Corp – Buy
{ASX:AQG) is under Algo Engine buy conditions.
The share price has found support at $6.15 and is likely to make a new high, exceeding the $8.44 level set back in December.
Lendlease – Buy Signal
Lendlease is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Buy LLC at $17.80
RIO – Buy Signal
Rio Tinto is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Buy RIO at $98.50
BHP – Buy Signal
BHP Group is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Buy BHP at $39.00
Platinum Asset Management – Short
Platinum Asset Management is under Algo Engine sell conditions and we now add exposure to the short side.
We see downside risks for PTM in the months ahead.
Perpetual – Add to the “short list”
Perpetual is under Algo Engine sell conditions and we now add exposure to the short side.
We see downside risks for PPT in the months ahead.
Caltex – Buy Write Income Generation
Caltex Australia is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Buy CTX at $33.75 and sell the $34.50 April call for $0.55 credit.
CTX goes ex div $0.61 on the 1st March.
NOTE: Downside risks are somewhat mitigated by the fresh indicative bid of $35.25 per share.
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