Henry’s Take – Commodity Boom Continues – Copper and Rare Earths in Focus
Rare earths attracting attention.
BHP is a copper stock.
AZS and APM higher.
The new OZL?
SXSW and Ai
How to get to the moon.
Members Podcast Wednesday – Waiting for the CPI number tonight
Resources bouncing for the second day – everything depends on the CPI number tonight – the risk seems to be on the downside but we’ve said that a few times and been wrong. So we just have to wait and see.
End of Day Report
ASX 200 kicks another 24 points higher to 7849 (+0.3%) as resources took centre stage. Iron ore stocks back in demand on China hopes, BHP up 0.7% with FMG up 1.9%. Lithium stocks also doing well on a price bounce in Asian trade, PLS up 1.3%, MIN up 0.5%, with LRS up 14.3%. Gold miners missed out…
Pre-Market Report
Wall Street ended mostly higher overnight, erasing losses in the final minutes of trade, a day ahead of inflation data. The Dow finished essentially unchanged, down 9 points (-0.02%). Up 100 points at best, down 321 points at worst. S&P 500 gained 0.14%, regaining its 5,200 mark after briefly dipping below it, while the NASDAQ…
Marcus Take Wednesday – Education Corner – Are you an Investor or Trader
Waiting for Godot – the CPI number tonight. A new AI ETF lands in Australia. Iron ore up again. Macquarie and the US investment bank results. Buying a trade in an oversold energy stock. Education Corner – Investors versus Traders.
Trading Section
SUMMARY S&P 500 hovers at record highs. Short term EMA is flat lining. Adding Beach Energy (BPT) for a post negative announcement recovery. Staying in cash in the MQG One Stock Portfolio. See Marcus Take for more. NASDAQ up again slightly. No change to SNAS. SFR enjoyed a morning spike before closing near flat. No change.…
Pre-Market Report
US equities kicked off the week essentially unchanged following a choppy day of trade, with the solar eclipse offering a distraction leading into a busy week including CPI and the start of first-quarter earnings. All three major indices ended near flat, the Dow closed down 11 points (-0.03%). Up 109 points at best, down 46…