Members Podcast Tuesday – Holding up – a bit riding on tonight’s CPI number in the US
Making changes – some dramatic changes to our portfolios today as we run up a bit of cash
Marcus Take Tuesday – Selling a few things including BHP and RIO
A lot of Big Cap sell signals after yesterday. Lessons from yesterday’s sell down – Banks are not the Messiah. On Alert. Resources sector breaking down – Selling BHP and RIO in Growth and Income. Too early to bail on Big Tech. Waiting for that “Big down day”. Income Re-vamp – Selling AFG, SHL, CGF and PPT (after it goes ex-dividend tomorrow). CPI Numbers in the US on Wedcnesday the focus. More risk than reward.
Pre-Market Report – Bitcoin Frenzy Continues
Wall Street edged lower overnight as the market awaits CPI and PPI results this week to assess whether recent inflationary pressures were transient or indicative of a broader trend. The Dow finished 47 points higher. Up 72 points at best. Down 229 points at worst. The S&P 500 fell 0.11% and showed signs of overheating…
End of Day Report
ASX 200 limped 8 points higher to 7713. The market is waiting for direction from the US, with banks trying to rebound slightly as the Big Bank Basket flatlined at $207.93 (-0.1%). NAB slipped 0.4%. Other financials slightly better, QBE up 1.3% and SUN up 1.7% as GQG fell again, down 2.3%. REITs mainly higher,…
Pre-market Report
Wall St closed down on Friday night. Initially buoyed by a positive jobs number before selling took hold for no particular reason. Likely just profit taking after a stellar run. The Dow fell 69 points (-0.18%). S&P 500 off 0.65% and the NASDAQ the worst, down 1.16%. Jobs numbers from the US were generally weaker…
END Of DAY Podcast
ASX 200 cratered 143 points to 7704 (-1.8%) as banks gave up gains from Friday.
Iron ore weakened in Asia dragging down the big miners
Henry’s Take – Is it the Famous Five or the Fab Four?
Is the Magnificent Seven now the Fab Four?
Who is buying all the Gold?
US Core CPI data this week.
Usual US Check Ins.