End of Day Report

ASX 200 bounces 75 points to 7421 (+1.0%) in a solid yet unexciting day really. Third weekly decline still, and down 77 points on the week. Banks led the charge up, with CBA hitting record highs up 0.7%. The Big Bank Basket up to $193.89 (+1.0%). MQG rallied 1.5% with insurers up as QBE rallied…

Pre-Market Report

US stocks closed in the red as treasury yields rose following stronger-than-expected retail sales data. The S&P 500 and NASDAQ each dropped almost 0.6%, while the Dow Jones closed 94 points lower. Real estate, consumer discretionary, tech, and materials were among the worst-performing sectors. Megacap stocks Alphabet, Amazon, and Nvidia experienced losses exceeding 0.6%, and…

End of Day Report

ASX 200 fell for the fifth day down around 47 points to 7347 (-0.6%). Losses across the board, with local jobs data showing a slow down perhaps, with the headline steady at 3.9%. Seasonal factors may be the issue. Banks held steady on job numbers. The Big Bank Basket pretty much unchanged. Insurers better on…

Trading Section

SUMMARY BHP and iron ore fall on Chinese GDP data. One Stocks in Cash. AGL prints a buy signal but wouldn’t trade until chart improves. Tempted for a trade in CPU but the easy gains have been made. No changes to Ideas Trades. DTL hits a 52-week high, held in the MT Growth Portfolio. One…