Henry’s Take – NextDC (NXT) and the Ai Boom
Macquarie Conference program announced.
ECB says it is not dependent on Fed, so why wait!
Stock of the Day – NXT with its Rights issue.
End of Day Report
ASX 200 falls 26 points to 7788 (-0.3%). For the week, the index is up a mere 15 points. Quiet day, banks eased back slightly as yields push to 4.28%. The Big Bank Basket down to $205.36 (-0.4%). Insurers better, and GQG doing better up 0.4%. MQG slipped 0.1%. REITs under pressure, GMG down 0.1%…
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…
Pre-Market Report
Wall Street closed mostly higher overnight, rebounding from a sharp sell-off the day prior, driven by a rally in tech stocks after fresh economic data renewed hopes that inflation remains in a downward trend. The Dow finished flat, down 2 points (-0.01%). Up 137 points at best, down 264 points at worst. S&P 500 gained…
Marcus Take Friday – The Marcus Today Stock Market Dictionary – the truth about Broker Speak.
Low volume overnight – PPI numbers relax inflation fears. Big Tech won’t lie down – solid rebound. FANG up 2%. Strategy Portfolio has no reason to sell anything else yet. Results season starts tonight in the US – usually a positive. BUY HOLD SELL – Whitehaven Coal (WHC). Education Corner – The Marcus Today Stock Market Dictionary – Truth & Lies.
Members Podcast Friday – Waiting for the US results season to start
We are flopping around at the top having survived the CPI number this week – if we didn’t sell-off on that, what will tip us over?
Henry’s Take – Has Goldilocks Left with Elvis?
Lithium finding friends.
Commodity stocks still in demand. WIRE going well.
Has Goldilocks left the building?
Thoughts on watching Peter Deng (Open Ai) present.