In the Media

Stocks Go Up When Libs Win

Geelong Advertiser - 25 May 19

According to Dale Gillham, chief analyst of Wealth Within, the federal election win to the Liberals has seen the share price of the banks and private health insurers surge. Before the election, speculation was rife the market would crash with a Labour win. The big end of town was betting that the Australian stock market would fall as the election was seen as a guaranteed win for Labour, with short selling well underway last week...

Leadlease Soars on the Back of Takeover Rumours

Money Magazine - 17 May 19

According to Wealth Within chief analyst Dale Gillham, Lend Lease rose 10.6 per cent on whispers of a potential takeover by a major Japanese company, while the US China trade war escalation has seen Evolution Mining shares rise over 9 per cent in the past week. The worst performers this week include Reliance Worldwide, which is down 21 per cent after releasing an update with revised guidance and Mayne Pharma Group dropped 14 per cent following a downgrade from a UBS analyst.

Will the Election be Good or Bad For Australia's Share Market?

Yahoo!7 Finance - 15 May 19

With the election fast approaching, everyone is getting ready for a potential change in Government, and many are wondering whether the Australian stock market will fall heavily away as a result. But, according to Wealth Within’s chief analyst, Dale Gillham Government changes are historically neither good nor bad for the stock market. “The stock market is a leading indicator of the economy and markets will continually move through economic cycles regardless of who governs the country,” Gillham said.

Market Volatility Rises Whilst ACCC Blocks Merger

Finfeed - 10 May 19

According to Dale Gillham, chief analyst of Wealth Within, uncertainty among investors has heightened over the past few weeks, and when the market is uncertain volatility rises. This comes as no surprise as volatility always increases in reporting season and after consolidating sideways for a period of time, it has now risen. In other news, the $15 billion dollar Vodafone-TPG merger once again came under fire from the ACCC this week. Rod Sims, the chairman of the ACCC, expressed concerns about the over concentration in the industry, which he claims would be detrimental to consumers...

Reserve Could Stop Short of a Rate Cut

Australian Financial Review - 06 May 19

Wealth Within's chief analyst Dale Gillham also sees no need for the RBA to rush. "It's highly likely we could see an interest rate cut" this week, Mr Gillham said. Prior to our last federal election, the RBA cut interest rates on the basis of global growth figures and lower inflation levels. Interestingly, this is quite similar to the situation we currently face with inflation at lower than expected levels...