Pre-market Podcast
US equities mixed overnight. Tech results in focus.
The NASDAQ fell 0.76%.
The S&P 500 closed unchanged, down 0.06%,
The Dow finished near session highs
END Of DAY Podcast
ASX regrouped-after an early swoon jumping 81 points to 7681 (1.1%). Record close.
CPI and month end buying cheer.
Banks continue to lead the market
Trading Section
SUMMARY Some consolidation in FANG expected after Google and Microsoft drop after hours. WDS humming along. Oil up after Aramco limits production. Comms Sector hits a 52-week high. TLS slowly moving higher. Iron Ore falls on more Chinese property concerns. BHP still in downtrend. US finanicals outperform while tech lags. Good for MQG. NWL prints…
Trading Section
SUMMARY All four of the big banks hit 52-week highs. MQG holding a nice uptrend. BHP falls yesterday. Short bounce has stalled. WDS hits a 2-month high on oil’s gain. Chart improving. GOR gets dumped into oversold territory after reporting yesterday. PDN holds up well in yesterday's Uranium sell-off after some broker upgrades. All four of the…
Pre-Market Report
Wall Street kicked off the week with gains in both stocks and bonds, after the Treasury surprised the market by reducing its quarterly borrowing estimate to $760bn, pushing yields lower and lifting tech stocks up. The S&P 500 set another record closing high, topping 4,900, up 0.76%, while the Dow Jones rose 0.59% and the…
Henry’s Take – Quarterlies Come Thick and Fast
Added GQG yesterday.
Quarterlies drop.
Lithium podcast to provoke thoughts.
Uranium thoughts.
Historic yields v Forecast yields
Ask the Analyst Friday at 5.30pm
Pre-market Podcast
Late rally sees more records.
The Dow Jones Industrial Average added 224.02 points to close at 38,333.45.
Nasdaq Composite gained 1.12% and settled at 15,628.04.
END Of DAY Podcast
ASX closed up 22 points to 7600 (0.3%) after fading from highs
China and HK slipped lower as stimulus hopes fade
FOMC in focus.
End of Day Report – Tuesday
ASX closed up 22 points to 7600 (+0.3%) after shooting higher in morning trade. It hit near record highs before a sell-off. Banks eased back very slightly, with WBC down 0.5% and Big Bank Basket unchanged at $198.79. Insurers eased back, with QBE down 2.2% and SUN off 2.0%. Other financials eased back too, MQG…
Members Podcast Tuesday – All time closing high at last – intraday high a few points away
Finally the ASX 200 breaks its closing high with the intraday high a whisker away. Lors of events this week that will kill or fill this rally.