End of Day Report
The ASX 200 has dropped 36 points to 7753 (0.5%) on US falls. Banks eased back led lower by CBA down 1.4% with the Big Bank Basket down to $203.73 (0.8%). Insurers fell away as did MQG off 0.8% and GQG off 4.2%. REITs fell too, GMG down 0.8% and SGP off 0.9%. Industrials with a light…
Trading Section
SUMMARY SNAS poised to gain 3%-4%. SFR ready to kick higher on Russian sanctions. Gold and Oil trades well positioned. No change. No change to MQG or FMG One Stock Portfolios.
Henry’s Take
Risks mounting?
Fat and Happy at Easter theory playing out.
Big week in commodities.
Usual US Check-Ins.
DTO – Good result this morning up 11%
Not long until Perth Members Meet.
Members Podcast This Week
All of this week’s Members’ podcasts in one place.
Henry’s Weekend Take
THE WEEK THAT WAS A little wobble last night in the US. Twice in a week. Starting to become a habit perhaps? It seems that geopolitical events are starting to curb the enthusiasm of US investors. Hardly a surprise given the huge run equity markets have had. The first cabs off the US reporting season ranks…
Marcus Weekend
SPI Futures down 50. Dow Jones down 475 (-1.24%). NASDAQ down 1.62%. Bond yields relaxed a touch after that CPI number this week. AMD and Intel fell 4.2% and 5.2% on a Wall St Journal report that Chinese Telecom companies have been told to phase out the use of foreign chips by 2027. “China's Ministry…
Trading Section
Oliver away today. Portfolios and Technical Signals below. So you know – this section is where the Ideas Portfolio and the One Stock Portfolios will be every day. Just a bit late today! SNAS obviously not playing out. If the NASDAQ was going to tip over then that CPI number was the excuse. It's still…