Pre-market Podcast
Late rally sees more records.
The Dow Jones Industrial Average added 224.02 points to close at 38,333.45.
Nasdaq Composite gained 1.12% and settled at 15,628.04.
Henry’s Take – Quarterlies Come Thick and Fast
Added GQG yesterday.
Quarterlies drop.
Lithium podcast to provoke thoughts.
Uranium thoughts.
Historic yields v Forecast yields
Ask the Analyst Friday at 5.30pm
Pre-Market Report
Wall Street kicked off the week with gains in both stocks and bonds, after the Treasury surprised the market by reducing its quarterly borrowing estimate to $760bn, pushing yields lower and lifting tech stocks up. The S&P 500 set another record closing high, topping 4,900, up 0.76%, while the Dow Jones rose 0.59% and the…
Marcus Take Tuesday – Closing in on the all-time high
All time high, now or never. Busy week – Fed, Big Tech Results, US Jobs, Australian inflation. Tech Bets looking good – FANG. Woodside picking up nicely in Ideas Portfolio. REA Group kicking goals. India – a Theme for 2024. GOR – The Perils of Individual stocks.
Members Podcast Tuesday – All time closing high at last – intraday high a few points away
Finally the ASX 200 breaks its closing high with the intraday high a whisker away. Lors of events this week that will kill or fill this rally.
End of Day Report – Tuesday
ASX closed up 22 points to 7600 (+0.3%) after shooting higher in morning trade. It hit near record highs before a sell-off. Banks eased back very slightly, with WBC down 0.5% and Big Bank Basket unchanged at $198.79. Insurers eased back, with QBE down 2.2% and SUN off 2.0%. Other financials eased back too, MQG…
Trading Section
SUMMARY All four of the big banks hit 52-week highs. MQG holding a nice uptrend. BHP falls yesterday. Short bounce has stalled. WDS hits a 2-month high on oil’s gain. Chart improving. GOR gets dumped into oversold territory after reporting yesterday. PDN holds up well in yesterday's Uranium sell-off after some broker upgrades. All four of the…
END Of DAY Podcast
ASX 200 finished up 23 points to 7578 (0.3%).
A positive start to the week.
The Big Bank Basket up to $198.84
Henry’s Take
Adding a 3% weighting in GQG – FUM inflows. 9.5% yield.
Reporting season preview.
US Check-Ins.
Ask the Analyst.
Walk like an Egyptian.