Thursday, 7 January 2016

Financial Orbit wrap 07/01/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

1. Today's Financial Orbit Macro (contact me if you would like to go on the distribution list) included a number of interesting charts about the market crunch including the inevitable short session China one:


2. Today's Financial Orbit Stocks (again, contact me if you would like to go on the distribution list) made the following observation about stock-picking opportunities in times of volatility:

So which names specifically?  Well I think you blend styles.  One of the more lower beta / defensive names (Philip Morris Intl, Glaxo, Wal-Mart, Hershey for example) with a special situation/self-help name (Syngenta, LafargeHolcim, Dow Chemical, Marriott, Nokia, Royal Dutch Shell, Air Liquide) and then a more overtly contrarian one (Billiton, AP Moeller-Maersk, Schlumberger) mixed up with a GARP stock (AIA, Carnival, Smith DS, Samsonite).  

3. Today's first Financial Orbit Immediate (please contact me if you would like to go on the distribution list) discussed the updates in UK retail from M&S and Poundland...where I conclude one is certainly an avoid and the other has a peer who are much more compelling. 

4. Today's second Financial Orbit Immediate mused on the WD-40 quarterly numbers where they highlighted the impact of the US dollar but why they could push up gross margins too.  I also looked at Bed Bath & Beyond briefly too. 

5. And finally...we turn to the impact of this for the Friday session (link here):


No comments:

Post a Comment