Having technical issues with our technical software (no pun intended there). May update with the usual scans if we can get it up and running this afternoon. LLC continues to do well. Morgan Stanly had a positive update yesterday. BOE back to the price we originally bought it for (annoying). Hunting for new Ideas but more risk…
RBA Meeting today – all a bit quiet. Big week for Central Banks
ASX 200 kicked off the week fighting back from early losses to close up 6 at 7676. Quiet trading ahead of a big week. Local banks moved from losses to gains with the Big Bank Basket up to $205.68 (0.7%). Insurers better, IAG up 0.5% and SUN ahead by 1.1%. GQG up 0.5% and MFG…
Why Dr Copper?
XAM and CNB – Copper explorers.
US Check-Ins
What is wrong with Facebook?
It must be me but Oppenheimer?
US markets finished lower on Friday night with tech hit the hardest. Dow Jones down 191 points (0.49%), S&P down 0.65% and the NASDAQ down 0.96%. No specific catalyst behind the selling – a loss of momentum, profit taking and bond yields rising the key talking points. Adobe was the biggest loser, falling 13.7% after…
ASX 200 kicked off the week fighting back from early losses to close up 6 at 7676.
Quiet trading ahead of a big week.
THE WEEK THAT WAS Nasty old week. There was a dearth of research. It seemed that many analysts went off-grid. February is so exhausting, maybe they decided to take a ski trip. Not much fresh news out there. Plenty of sentiment and plenty of red ink in the market. Iron ore collapsed. Sorry, Dr Chalmers,…
Good Morning Everyone. More of the same overnight. The US market is leaking momentum. Not quite falling over. Just not rising as confidently. The "pause" has the permabears predicting something catastrophic (SNAS trade anyone?). When you have been wrong for three solid months, you are bound to get a bit vocal when it looks like…
