Pre-market Podcast
S&P 500 down 0.6%, NASDAQ off 0.92%, while the Dow Jones hovered around flatline.
Nvidia in focus.
SPI down 21 points. Results dominate.
Marcus Take Wednesday – Big Tech drops its pants – Resources on the nose
Big Tech drops its pants ahead of Nvidia results tonight. Some early (daily) sell signals on US ETFs – IVV and NDQ. Lithium stocks trashed again overnight. Chinese rate cut upsetting Chinese economic confidence. Iron ore down 5.1%. BHP and RIO down 3.7% and 4.6% in the US overnight. Stocks we hold with results today – RIO, NAB (Qly update), WOW, STC, SIQ. Other Results today – STO, DMP, CTD. Stocks we hold – Today we look at BHP, SHL and MMS after yesterday’s results. CBA ex-dividend 215c FF today.
END Of DAY Podcast
ASX 200 fell 51 points to 7608(0.7%) as results the focus.
CBA ex-div.
CSR takeover talk. RIO Results.
WOW CEO resigns.
Iron ire under pressure.
End of Day Report – BHP Results Underwhelmed a Little
ASX 200 slips slightly by 6 points to 7659 (-0.1%). Big day again for results, ANZ got the green light for its SUN Banking business acquisition. Good for SUN, not maybe so good for ANZ down 2.2% on the news. WBC rose 2.6% on broker upgrades, the Big Bank Basket rose slightly to $204.22 (+0.1%).…
Members Podcast Tuesday – Results season in full flight
A barrage of results this week and today – winning most battles – BHP results
Henry’s Take
LTR looking interesting.
HZR Capital raise.
NEU short sellers attack. Maybe one to look at.
Results dominate. MP1 today. Early weakness.Too much expectation.
Marcus Take Tuesday – Results season in full flight today
Wall St closed – SPI Futures up 1. Stocks we hold with results today – BHP, SHL, MMS. We have a look at WBC and COH – we hold – results yesterday. Results season is all about dodging bullets. LLC down 14% yesterday. CBA ex-dividend tomorrow – High enough but not scary. Nvidia results this week will be a signpost. The definition of backcasting – Goldmans ups their S&P 500 target.
END Of DAY Podcast
ASX 200 slips slightly by 6 points to 7659 (0.1%). Big day again for results.
ANZ gets green light for its SUN Banking business acquisition.
Trading Section
SUMMARY BHP results today, Iron Ore down. Share price still in downtrend. Not buying. MQG in uptrend but toppy. Not buying. WBC hits a 52-week high and goes overbought after positive results yesterday. WDS drifts lower. ALD meanwhile hits a 52-week high. COH prints a daily sell signal after falling on results yesterday. OBSERVATIONS BHP…
Pre-market Podcast
US markets closed.
European market slightly firmer.
Iron ore slips. BHP results.
SPI up 1.