Henry’s Take – Into the Mystic on CSL

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Last Updated 11.03am with CXO and SPT news plus BAP Result. CXO update $100m at 40c capital raise. 2.45pm Update ASX 200 – Not a happy place as CBA goes ex and US banking fears from Fitch come into play. Chinese economic data not helping either. Banks and resources hit hard. AZS – Still heading…

Pre-market Report

Reports Section

US equity markets fell sharply overnight after stronger-than-expected retail sales data showed continued consumer resilience which stoked concerns that interest rates could stay higher for longer. Dow Jones fell 361 points (-1.02%). Dow at worst down 399 points. S&P 500 down 1.16%, falling below its 50-DMA for the first time in more than three months, halting a…

Marcus Take Wednesday

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Does anyone know what a "Wedge" is? Trying a bit of a new format. Shorter and punchier to the point – leaving me free to expand on STOCK TAKES and the PORTFOLIOS, I hope. Looking for Feedback on the MEMBERS PODCAST – do you listen – even if you don't, what would interest you in…

Midday Report Wednesday

Reports Section

MARKET AT MIDDAY The ASX 200 is down 109 points to 7197 (-1.5%), echoing the sell-off on Wall Street. The decline was led by drops in the materials, financials, and tech sectors. BHP Group (BHP) experienced a 2.5% fall, Fortescue Metals Group (FMG) fell 2.1%, and Rio Tinto (RIO) dropped 2.1%. Technology was not far behind, with Computershare (CPU) dropping 3.0% after results release last night. Commonwealth Bank (CBA)…

End Of Day Report Wednesday

Reports Section

Blood on the streets on the ASX 200 today,  market down 110 points to 7195 (-1.5%), posting its biggest drop in six weeks. REITs put up some resistance following solid earnings reports VCX +2.4%, MGR +5.3% and SCG +1.5%. Energy stocks fell, as crude oil fell for a third day after a drop in US…