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Drew Meredith

Publishing Editor

Drew is Contributing Publisher of the Inside Investor and the Inside Adviser. Drew is an experienced financial adviser, as well as a regular contributor to the Unconventional Wisdom Journal, Money magazine, the Australian Financial Review and various other trade publications. Where Drew's comments constitute advice, it is general advice only (AFSL383169). They have not considered the readers personal or individual circumstances. Readers should seek professional advice before acting on any comments.

Drew Meredith results

ASX 200 lifts as Wesfarmers and Afterpay hit records

ASX 200 lifts as Wesfarmers (ASX:WES) and Afterpay (ASX:APT) hit records, IOOF acquisition waved through The ASX200 (ASX:XJO) continued its winning streak, adding another 0.3% on Monday as US futures ticked higher with the Pfizer (NYSE:PFE) set to be in use this week.  It was a day of records that powered the market though, with…

Drew Meredith | 14th Dec 2020 | More
Zip (ASX:Z1P) up 9%, US markets creep higher

Longest winning streak since July, go slow at Transurban (ASX:TCL), Zip (ASX:Z1P) up 9%, US markets continue to creep higher The ASX 200 (ASX:XJO) has delivered its longest winning streak since July, finishing 1.1% higher as the budget stimulus continues to reverberate through markets. The announcements have been well received by the corporate sector, despite several shortcomings….

Drew Meredith | 8th Oct 2020 | More
ASX budget bounce, IPOs closing in

ASX budget bounce, a long list of winners, IPOs closing in, US markets hit one month high The ASX 200 (ASX:XJO) overcame a weak lead form the US to deliver its strongest budget bounce since 2002, jumping 1.3%. It will likely take several weeks to digest the true implications of this budget, particularly those sectors that…

Drew Meredith | 7th Oct 2020 | More
Market update; ASX struggles higher

ASX struggles higher, rates on hold, giant gold merger, US stocks fall The ASX 200 (ASX:XJO) struggled to a 0.3% gain on Tuesday, the energy, +2.3%, and materials sector, +1.1%, the key contributors. The biggest news was the ‘merger of equals’ between Australian gold miners Saracen Minerals (ASX:SAR) and Northern Star Mining (ASX:NST). The merger…

Drew Meredith | 6th Oct 2020 | More
Market update; ASX finishes 2.6% higher

Rollercoaster continues, ASX finishes 2.6% higher, Budget night ahead, US rallies 1.6% The ASX 200 (ASX:XJO) delivered its strongest day in four months, adding 2.6% despite the public holiday in NSW and much lower volume as a result. The positive news was threefold; the Government announced that tax cuts would be brought forward and back…

Drew Meredith | 5th Oct 2020 | More
  • Can Trump pull a Bradbury?

    Before last week’s positive COVID-19 test, there was little doubt President Trump was on the comeback trail. Amid signs of an economic recovery, positivity around hopes for a vaccine, and progress on another fiscal stimulus package, all was looking up for a second term. Then came the ‘Presidential Debate,’ in which Trump brought Democratic candidate…

    Drew Meredith | 4th Oct 2020 | More
    Market update; Trump positive COVID-19

    Trump’s positive COVID-19 test sparks volatility, ASX falls 1.4% Volatility is on the rise, the ASX 200 (ASX:XJO) falling 1.2% at the open before gradually recovering. The index then capitulated on the news of President Trump’s positive COVID-19 test as investors quickly shifted to a risk off mood. The ASX 200 finished the day 1.4%…

    Drew Meredith | 4th Oct 2020 | More
    Market update; fiscal stimulus in focus

    October starts on the front foot, fiscal stimulus in focus, property improving October started better than September finished, the ASX 200 (ASX:XJO) finishing 1.0% higher as Prime Minister Scott Morrison began announcing his fiscal stimulus package and US Congress appeared to be nearing a deal on one of their own. The Federal Government is turning to…

    Drew Meredith | 1st Oct 2020 | More
    Market update; ASX 200 falls 2.3%

    ASX 200 falls 2.3%, oil price tanking on second wave concerns, utilities profits hit, US posts a positive finish The ASX 200 (ASX:XJO) finished Wednesday 2.3% lower taking the loss to 4.0% for the month; the first negative result since March and down -1.4% for the quarter. The energy sector led the losses, down 4.2%, as a combination…

    Drew Meredith | 30th Sep 2020 | More
    Market update; ASX finishes flat

    ASX finishes flat, BOQ loan impairments increase, weak overseas lead market to open lower The ASX 200 (ASX:XJO) ultimately finished flat, after trading as much as 0.8% higher during the session. Industrials and tech companies offered support, adding 0.7% and 2.4% behind Sydney Airport (ASX:SYD) and Afterpay Ltd (ASX:APT). SYD reacted positively to news that the…

    Drew Meredith | 29th Sep 2020 | More
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