In this week’s show
01:32 – Q1: Just a general question about how Markets operate and react to reporting season. Do fund managers, brokers and markets tend to react more to past results or do they focus on future earnings expectations and guidance?
Understanding that the answer depends on specific case by case examples, I’m really trying to understand from a professionals point of view what generally ends up being the focus. What do you look for?
Market reactions to results seem very hit and miss. Perhaps the answer is more seasonal or aligned to what the current market trend may be, such as whether financials are in favouror if the outlook for mining stocks is positive/negative etc? Perhaps the answer here is that there’s actually no rhyme or reason at all? Please share your thoughts.
09:22 – Q2: If there is a dip in oil stocks again which one should we be watching with the view to buying and holding for a limited time?
