ASX 200 closed up 56 points to 7303 (+0.8%) for a 3.7% gain for the week recovering last week’s losses and then some, as bond yields slid and the Aussie dollar strengthened. Everything was up with the exception of healthcare, weighed down by losses in CSL and RMD, down 1.3% and 1.2%. Tech and miners driving…
SUMMARY If they were overbought before they’ll be overbought now – the NASDAQ and S&P 500, NDQ, IVV. A number of Tech based ETFs also overbought still – FANG (why did I sell it!), NDQ, SEMI, RBTZ, DRIV, CRYP, IPAY. Oversold – SNAS – Glad I didn’t…. Not much to go on in the All…
Henry is away today. Back on Monday. This might interest some of you – turned up on the scans today – Atlantic Lithium (A11) – not participating in the fun.
This is the Australian Results Calendar for the upcoming results season. Before you rely on this: Errors and Omissions Excepted. We produce this on a best-efforts basis. Do not rely on it as gospel. We take no responsibility for you if these dates are inaccurate. Some dates are a guess, sourced from Reuters but even…
SUMMARY Good CPI – the Fed finally getting on top of the curve. Looking a bit silly in cash. US Dollar down, Bond yields down, Markets up. A US rate rise inevitable this month – Goldman’s say one more and hold. Focus also moves to US results this week and next. Resources had a good…
Marcus on Parade today as Henry hits the slopes pretending he is slightly more agile than he probably is.
MARKET AT MIDDAY ASX 200 up 105 points at 7241 (+1.5%) at midday, on track to clock its third straight day of gains. Interest rate-sensitive stocks led the gains, with financials, retail, and real estate all up. Bullion prices jumped overnight, helping boost our gold miners’ Northern Star Resources (NST) up 4.2% and Newcrest Mining (NCM) up 4.0%. Iron ore and lithium stocks are also stronger,…
ASX 200 closed up 111 points to 7247 (+1.6%), clocking its third straight session of gains. ASX 200, at best up 121 points, supported by miners and a big rebound in gold as bullion prices shot up. Aussie bond yields follow the US, 2Y down 10bps to 4.03%, 10Y down 7bps to 4.06%, and the…
