The Dow hit a new high for the year, up 520 points (+1.47%), driven by a 9.2% jump in Salesforce shares and a moderation in PCE inflation. The S&P 500 gained 0.38%, while the NASDAQ fell 0.23%. October saw a slowdown in PCE inflation measures and a moderation in personal spending, reinforcing expectations that the…
KAR attractive here. Will add more today.
Advent Calendar picks for Ausbiz in 2024.
One big one very speculative. Did I really recommend that one!
ASX200 VIX index falls to a 52-week low.
CSL and RMD on the mend. CSL forming a solid uptrend. RMD bottoming nicely.
EVN hits a 52-week high.
November is done – good month – Value versus Growth – Experts versus Lemmings
ASX 200 fought from early big falls to close down only 14 points to 7073 (-0.2%). Banks flat, the Big Bank Basket at $178.32 (-0.3%). MQG slid 0.8%, with other financials pulling back slightly. Insurers held in, with SUN up 0.2% and MPL up 2.0%. REITs mixed, GMG up 1.3% and VCX down 2.1%. Healthcare flat,…
ASX 200 fought from early big falls to close down only 14 points to 7073 (0.2%).
Value vs Value, pivot month done.
OECD saying Australian rates have peaked.
Oil up overnight but OPEC meeting could go either way.
Resources need a catalyst to bounce. Chinese PMI data out today could start it.
US Inflation tomorrow.
SMALL CAP PORTFOLIO SUMMARY Gold continues to head higher. Is everyone bullish? Happy holder of GMD and DEG. For now. Investment Committee meeting at Ausbiz. Yesterday's The Call with Kochie. My Advent Calendar stock pick for 2024. Nailed it with JHX last year. Highly controversial one this year. AM Announcements ORG has rejected Plan B.…
