Today's ASX news
Is Donald Trump About To Hurt The ASX?
President Trump has threatened yet another round of trade tariffs on China, is this going to affect the ASX?
May 6, 2019
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
President Trump has threatened yet another round of trade tariffs on China, is this going to affect the ASX?
Magellan Financial Group Ltd (ASX:MFG) has been one of the best performing shares in the ASX 200 this year.
Westpac Banking Corp (ASX:WBC) has reported its half year result to 31 March 2019, is the share price a buy?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.96% on Friday.
These 3 ASX shares are ones I’m watching very closely at the moment.
Commonwealth Bank of Australia (ASX:CBA) and Westpac Banking Corp (ASX:WBC) could follow National Australia Bank Ltd (ASX:NAB) in cutting the dividend.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.55% at lunch.
The Afterpay Touch Group Ltd (ASX:APT) share price has risen closer to $30 in response to its announcement today.
Macquarie Group Ltd (ASX:MQG) has released its FY19 result, is the share price a buy?
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
