SUMMARY SPI futures flat. Wall St near flat. A look at REA and COH results. Buying NDIA in the Strategy Portfolio. Happy to remain fully invested in the Strategy Portfolio. Some big names to report next week. ArcelorMittal upbeat on Iron Ore ex. China. BULLETS SPI futures flat. Wall St near flat (Dow up 50 points…
ASX 200 managed to eke out a 6-point rise to 7645 (0.1%) in relatively stable trade.
BLD a winner. Uranium a loser.
ASX 200 managed to eke out a 6-point rise to 7645 (+0.1%) in relatively stable trade. Results kicked off this week and plenty of stock volatility to keep us amused. Mixed session with banks flat, Big Bank Basket back above $200 (+0.1%). MQG down 0.2% and GQG seeing some end-of-week profit-taking. REITs are back in demand…
AQZ – Results.
Added PMT yesterday.
GQG up 16.5% in a week.
DEV in Uranium
Strategy – The juggernaut rolls on.
Year of the Dragon.
All three major indices in the US finished in the green overnight, with the S&P 500 achieving a new record closing high. The Dow Jones gained 156 points (+0.4%), the S&P 500 rose 0.82% to close at 4,995.0, just shy of the 5,000 mark, while the NASDAQ Composite advanced 0.95%, approximately 2% below its Nov-2021…
SUMMARY Iron ore rose overnight (more China stimulus promises) but fell in January. Staying in cash in the BHP OSP. MQG long and looking good. WDS merger cancellation pricks up the share price. IZZ off to a reasonable start. LTR prints a daily buy signal, thought about adding PLS for a trade. Too risky with…
SUMMARY The Wall of No Worries – Until we find something to worry about – it's all-time highs. Buying back WOR in the Growth Portfolio. Down 7% since selling and has bottomed. Coming up – China on holiday tomorrow, Bank results and a US CPI number. US Results getting less significant by the day. SNAP…
The Nasdaq Composite jumped 0.95% to settle at 15,756.64.
Dow Jones Industrial Average rallied 156 points to close at 38,677.36 and an all-time high.
The ASX200 has finished the day up 23 points in a narrow day of trade. Utilities was the best-performing sector thanks to AGL’s big 10% rise. The company reported a quadrupling in first-half earnings and expects full-year revenue to come in at the top end of guidance. Tech also had a strong performance following the NASDAQ higher, WTC and XRO up 3.1% and 1%. Big banks…
Getting busy with the results season – Buying WOR in the Growth Portfolio. Not buying PLS – lithium could be a trap.
