Henry’s Take
Sold DYL at 155c.
Big shorts in uranium stocks.
Albemarle chucks in the towel.
ZIP going well on consumer spending.
TWE remains interesting.
Nabtrade Podcast.
Sold DYL at 155c.
Big shorts in uranium stocks.
Albemarle chucks in the towel.
ZIP going well on consumer spending.
TWE remains interesting.
Nabtrade Podcast.
SUMMARY Better day on the cards – the froth has blown off. Back to normal? Big Tech finds a floor ahead of the results season next week. TSMC up 10% on AI guidance. Apple upgraded. Nvidia record high. Semiconductor index up 3.3%. BHP Production numbers don’t excite and ring the bell for nickel producers. We…
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…
Big Tech bounces- for today anyway – a lesson today in RSI
ASX 200 fell for the fifth day down around 47 points to 7347 (0.6%).
Losses across the board with local jobs data steady at 3.9%
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…
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…
This podcast includes a lesson in charts, candles and the appropriate time periods for traders and investors
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…