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Drew Meredith

Director

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Drew is one of the Founder's and Director's of The Inside Network and Wattle Partners. He is an experienced financial adviser, providing advice across the entire spectrum of finance and investing, with specific expertise in SMSF’s, portfolio construction, direct shares and managed fund investing. GENERAL ADVICE WARNING: Any information published by Drew is limited to general financial advice only (under AFSL: 383 169). Please consult a trusted financial adviser before acting on the information.

ASX shares morning update, the stocks to watch

The ASX 200 (ASX:XJO) managed to hold onto a small gain on Wednesday, adding 3.5 points despite dropping 1% at the open. CSL Ltd (ASX:CSL) almost singlehandedly floated the market, with its 2.6% rally adding 10 points to the ASX 200 alone.

ASX shares morning update, the stocks to watch this Wednesday

The ASX 200 (ASX:XJO) delivered a sixth straight day of gains, taking the run to over 6%, as it finished up 2.4% on Tuesday following the public holiday in Victoria.

ASX shares update, the stocks to watch this week

The ASX 200 finished a sixth straight week in positive territory, adding 4.2%, but gaining just 0.1% on Friday.

ASX shares update, the stocks to watch this Friday

The S&P 500 broke three straight days of gains, falling 0.2% as investors seemingly became exhausted from an extended rally. This despite unemployment benefits slowing and announced recoveries in domestic flights.

ASX shares update, the stocks to watch this Thursday

The Australian economy is now experiencing its first recession in close to 30 years. The initial impact of the COVID-19 outbreak sent domestic GDP down -0.3% in the March quarter, with experts predicting a contraction of as much as -8.4% in June.

ASX shares update, here are the stocks to watch this Wednesday

Global sharemarkets continued their incredible rally even as protests and riots continued in the US, following President Trump’s call to bring in the military.

ASX shares update, here are the stocks to watch

Despite widespread geopolitical and societal tension, be it from US protests or the threat of a renewed trade war with China, the market seem to keep powering through exhibiting the disconnect between Wall Street and Main Street.

Benefitting from the shutdown: Costco

This week we take a look at the often misunderstood, bulk retailing business Costco (NASDAQ:COST). Similarly to Woolworth’s (ASX:WOW) the company has performed reasonably well throughout the COVID-19 shutdowns benefitting from hoarding and its business model of offering incredibly low…

ASX shares update, here are the stocks you need to watch

With markets waiting with baited breath for President Trump’s speech on his policy towards China. The ASX 200 (ASX:XJO) fell heavily in the afternoon to finish down 1.6% for the day.

ASX 200 morning update, the shares you need to watch Friday

Experts and investors still expecting a second wave or calling the current rally a “dead cat bounce” continued to be left behind on Thursday, with the ASX adding another 1.3%.

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