Pre-Market Report

US markets closed mostly higher on Friday night, driven by big tech. The S&P 500 crossed the historic 5000 point mark gaining 0.57%, the NASDAQ gained 1.25% while the Dow finished down 55 points (-0.14%). Losses in Chevron and Walt Disney weighed on the Dow while gains in Microsoft and Intel resulted in a near…

End of Day Report

ASX 200 falls 30 points to 7615 (0.4%) as a CSL drug trial fails. A Phase III trial for CSL saw the stock down 4.8% with RMD off 1.4%. Industrials solid with good results from JBH lifting the retail sector, JBH up 7.1% APE up 2.2% and LOV up 4.8%. WES and supermarkets fail to…

Henry’s Weekend Take

Happy New Year Tradition says that the ‘Year of The Dragon’ signifies wisdom, good luck, prosperity, and strength, and the market is awaiting positive developments in the world’s second-largest economy. One fund manager has this to say ‘Ride the dragon to prosperity by not timing the market and staying invested even in volatile times’. Don’t…