Wall Street ends lower overnight as markets turn cautious ahead of employment data this week that could alter expectations the Fed will cut rates early next year. The Dow fell 41 points (-0.11%). Down 216 points at worst. S&P 500 and NASDAQ fell 0.54% and 0.84%, respectively, with mega-cap tech stocks Microsoft, Google, Meta and…
The Dow Jones Industrial Average shed 41.06 points, or 0.11%, to close at 36,204.44.
The S&P 500 dropped 0.54% to 4,569.78. Nasdaq down 0.8%
Dow Jones, S&P 500 finished last week at 52-week highs.
Oil stocks oversold. Waiting for the bottom.
COH oversold on a daily basis.
Gold hits all-time high backs off.
Looking at adding DYL.
Lithium sell-off continues but not enough towel-throwing yet.
Two contrarian picks for 2024.
SPI Futures down 38 – Not quite the “One Bad Day” that would trigger profit taking
We haven’t taken profits in some of our best trades today – patience is a virtue but not if it loses you a fabulous profit
ASX 200 fell 63 points to close at 7062 (-0.9%) on weaker international leads and falling commodity prices. RBA left rates unchanged, but limited ASX reaction. Resources hit hard with iron ore miners under pressure, BHP down 1.3% and FMG off 0.9%, Lithium stocks remain seriously depressed with IGO falling 6.7%, PLS down 8.5% and…
ASX 200 rose 52 points to 7125 (0.7%) in a very solid day, although off highs. Gains in most sectors with the Banks up again CBA up 0.9% and NAB up 0.8% with the Big Bank Basket at $179.61 (0.7%). MQG rose 0.7% with other financials doing well, ASX up 0.6% and SUN up 0.4% on ACCC hopes. QBE dropped -3.2% with other insurers easing ba
