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.
Stocks in the US closed mixed on Friday.
The S&P 500 lower, broke 6-day winning streak
Nasdaq lost 0.5%, while Dow Jones higher by 60pts
Wall St closed mixed on Friday night in narrow trade. The Dow Jones rose 60 points (0.16%) while the S&P 500 and NASDAQ fell 0.07% and 0.36%, hindered by Intel’s 12% drop. US inflation data came in largely in line with expectations and didn’t shock the market. The PCE price index rose by 0.2% in…
ASX 200 finished up 23 points to 7578 (0.3%).
A positive start to the week.
The Big Bank Basket up to $198.84
Adding a 3% weighting in GQG – FUM inflows. 9.5% yield.
Reporting season preview.
US Check-Ins.
Ask the Analyst.
Walk like an Egyptian.
All of this weeks Members’ podcasts in one place.
Where the US goes, we will follow.
NAN and DMP – Do Not Disappoint!
Great TV and a new book.
AUSTRALIA DAY The ASX is closed today for Australia day. We will send out a morning Marcus Lite email comprising the overnight table and any major news of note to cover global markets. Tomorrow, the normal overnight coverage and weekly stock summaries will be published, along with a short take from Marcus and Henry. Wall St closed higher…
SUMMARY FANG trade off to a good start. Heading parabolic. Beneficiaries of China stimulus rise. Not convinced enough to buy back BHP yet. MQG holds above resistance level. The ASX 200 heads back up to resistance for the sixth time. KGN prints a daily buy signal after firing higher yesterday. TECHNICAL OBSERVATIONS FANG trade off…
