US equities closed mostly higher overnight, finishing near best levels after inflation data did little to alter views for the timing of a rate cut by the Fed next year. The Dow Jones advanced 173 points (+0.48%). Dow up 191 points at best. Dow down 32 points at worst. The S&P 500 hit a fresh…
A lot of stocks overbought but few sell signals indicate a bullish trend to the market currently.
The CBA overbought on a daily basis.
REA hits a 52-week high.
Crypto ETF’s with a daily sell signal.
DTL hits a 52-week high.
Looking more and more like a bull market.
US CPI didn’t disturb.
Glass half full going into FOMC tonight.
EU and US markets on 52-week highs. Meanwhile in Aus..
Thought of rebuying LNAS in the I
ASX 200 rose another 23 points to 7258 (+0.3%) in another solid day. Once again, banks led us higher, with the Big Bank Basket up to $185.04 (+0.8%). WBC leading the charge. MQG had a good day up 1.5%, but insurers slid, with IAG down 3.2% and SUN off 1.0%. REITs were mixed, GMG bouncing…
US equities closed mostly higher overnight, finishing near best levels after inflation data did little to alter views for the timing of a rate cut by the Fed next year. The Dow Jones advanced 173 points (+0.48%).
US market behaves again ahead of CPI tonight.
Michele Bullock gives a speech in Sydney this morning.
Aussie dollar rally has stalled. FMG, RIO hit 52-week highs.
Lithium down in the US. Selling PLS from the Ideas Portfolio on the open.
No changes to Strategy, Growth or Income Portfolios.
RIO and FMG hit 52-week highs.
Gold topping out. NST still in uptrend.
WES hits a 52-week high.
JBH hits a 52-week high.
