Low volume overnight – PPI numbers relax inflation fears. Big Tech won’t lie down – solid rebound. FANG up 2%. Strategy Portfolio has no reason to sell anything else yet. Results season starts tonight in the US – usually a positive. BUY HOLD SELL – Whitehaven Coal (WHC). Education Corner – The Marcus Today Stock Market Dictionary – Truth & Lies.
Oliver away today. Portfolios and Technical Signals below. So you know – this section is where the Ideas Portfolio and the One Stock Portfolios will be every day. Just a bit late today! SNAS obviously not playing out. If the NASDAQ was going to tip over then that CPI number was the excuse. It's still…
Our market has rallied 50 off the low – it will not lie down – Resources and Energy up – interest rate sensitive sectors down
YOU MAKE THE MOST MONEY WHEN EVERYONE IS WRONG This is a really important piece of the jigsaw puzzle for you are an investor. You need to take this on board. Get through the first bit to get to the Inefficient Market Hypothesis. You may have heard of ‘EMH’, the ‘efficient market hypothesis’. Anyone who’s…
ASX 200 closed down 35 points to 7814 (-0.4%), giving up yesterday’s gains but rallying from the open low after US CPI data came in hotter than expected. Pushing back rate cut expectations. Rate-sensitive sectors came under significant selling pressure, with the big banks getting clobbered. The big four all ending in the red, ANZ the biggest laggard, down 1.4%, while…
Wall Street closed sharply lower after hotter-than-expected inflation sent stocks and bonds sliding signalling the Fed will be in no rush to cut rates this year. The Dow traded lower all session before finishing down 422 points (-1.09%). S&P 500 off 0.95%, NASDAQ down 0.84%, and small caps Russell 2000 underperformed, losing 2.52%. Treasury yields…
SUMMARY Wall St drops. Inflation slightly higher. Bond yields up. Gold to come under pressure. SNAS ready to come alive. Glad to be in cash for FMG and MQG One Stock Portfolios today. BPT off to a negative start. Setting a stop loss at $1.52. Oil up overnight will help it and KAR. SFR gives…
Lithium finding friends.
Commodity stocks still in demand. WIRE going well.
Has Goldilocks left the building?
Thoughts on watching Peter Deng (Open Ai) present.
