US equities ended the session mixed overnight in a volatile day, with the market recovering from its low. The oil price the main concern – up 2.6% as crude inventories at the Cushing storage facility in Oklahoma hit a one-year low. The US has run down their Strategic Reserve at just the wrong time. Higher…
SMALL CAP PORTFOLIO 2.45pm Updates Few changes today with the sell-down of LTR at 299c to a 1% weighting. Gina buying more around 300c it seems. I have also added another 1% in LRS following the Colina update this morning. I think this is good news and the market is not valuing the opportunity. The…
The Dow fell 68.61 points, or 0.20%, landing at 33,550.27. Earlier in the session, it was up as much as 112.77 points. The S&P 500 edged up 0.02% to close at 4,274.51, while the Nasdaq Composite added 0.22% to end the session at 13,092.85.
BBUS overbought as the market falls. Oil overbought. ResMed, bouncing, but for how long.
Groundhog day, month, hopefully not year. The oil price is becoming a problem. Three things you need to get rich in the stock market. What are the best three long term stocks in the market – listen to my podcast with John Abernathy.
Groundhog Day – Today we look at some of the possible trades that could get us back into the market and out of cash
The ASX 200 dropped another 6 points today to 7025 (0.1%) after an early rally fizzled out. Retail sales were slightly worse than expected and suggest the RBA will be on hold next week.
The ASX 200 dropped another 6 points today to 7025 (0.1%) after an early rally fizzled out. Retail sales were slightly worse than expected and suggest the RBA will be on hold next week.
Waiting for the Bottom – might be a while
ASX 200 fell 8 points today to 7030 (0.1%) as a late rally saved the day after early losses. The market managed a rally post the monthly CPI number which came in as forecast at 5.2%. Banks were once again a pillar of strength with the Big Bank Basket up to $175.96. CBA up 0.5%,…
