Pete Wargent blogspot

Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), & CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).

5 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he's one of the finest property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written, yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data & charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, author of the New York Times bestsellers 'End Game' & 'Code Red'.

"The level of detail in Pete's work is superlative across all of Australia's housing markets" - Grant Williams, co-founder RealVision - where world class experts share their thoughts on economics & finance - author of Things That Make You Go Hmmm, one of the world's most popular & widely-read financial publications.

"Wargent is a bald-faced realty foghorn" - David Llewellyn-Smith, 'MacroBusiness'.

Wednesday, 21 December 2016

Sirtex crashes again

The bonfire continues apace.

Sirtex Medical is now down 63 per cent year-on-year.

As for some of the other value stock favourites people tweet me about?

Vita Group is staging a bit of a fightback, having previously been smashed:

Healthscope is not really going nowhere, and remains well down:

REA Group (real estate) looking to shape upwards in 2017 after a bit of a knock:

And Vocus Communications...bleurgh!

Source: ASX

While Aussie shares continue to tread water, in the US it's a veritable moonshot with the Dow firing for 20,000.

Source: DJIA

Even our old friend Harry Dent has turned bullish on US stocks now, even if he is about half a decade too late to the party. 

He had predicted the DJIA would fall to around 3000 to 3800, just before it rocketed to 20,000.

Ridiculous, really, but perhaps it says something about the market if even the Dentmeister has turned bullish.