All three major US indices closed lower overnight as an increasing amount of strong economic data supported the “higher for longer” narrative. Dow Jones fell 397 points (-1%), S&P 500 fell 0.72% and the NASDAQ dropped 0.95%. New orders for Manufactured Goods rebounded more than expected and Job Openings came in line with expectations. Another…
SUMMARY Markets down. Profit taking setting in at last? Selling a few stocks. Selling SQ2, NASDAQ down and Bitcoin down over 5%. Better exit before things turn ugly. Selling LLC, fading away while the market held up. Don’t want to see what happens when the market goes down. Punching the air with gold. NST the…
Baby Boomers had property. Young Australians have something better. Bond yields rising – Higher for Longer is back. Talk of no rate cuts in the US this year. Jobs numbers on Friday hold the next key. US Results season coming.
Gold at Record highs. Who is buying?
Not all commodities are equal.
The Big Picture – What if there are no rate cuts this year?
Down 100 points as bond yields rise and technology falls
The start of a new quarter, not much to report. Waiting on US Jobs Numbers on Friday. RBA Minutes today don’t add much.
Another short week – Jobs numbers, RBA Minutes and not much else to go on
SUMMARY Added KAR on Thursday after a price breakout. Oil up over the weekend. MIN flies on Thursday, best performer in the top 50. No change to MQG or BHP/FMG One Stock Portfolios. Keeping an eye on BGL and NST after bond yields rise (gold also up). All other trades doing well, helps when the…
