END Of DAY Podcast
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%
Henry’s Take – Reality Bites!
Market is coming to terms with rate reality.
Been bearish recently.
Uranium. DYL quarterly. Happy to take profits.
Speculative buys in DRO and OEC.
Marcus Take Thursday – Rate cut hopes fade again
Rising interest rates the theme of the week. Maybe the month. A look at some interest rate winners and losers. Thought about buying SNAS. But haven’t. There is nothing precipitous going on yet. The S&P 500 is still within 1% of its high. AUD down on Chinese GDP. Resources with it. Should have bought the USD ETFs for a trade (YANK, USD), but didn’t. Can Big Tech results turn the sector. We’ll find out in the next fortnight.
Pre-market Podcast
US slips slightly again. Three days straight.
Rate bets being unwound a little. Retail sales strong.
BHP production Report. SPI down 22 points.
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…
Members Podcast Thursday – A lesson on charts
This podcast includes a lesson in charts, candles and the appropriate time periods for traders and investors
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…
End of Day Report
ASX 200 falls another 22 points today to 7393 (-0.3%) to a four-week low as banks started to slip. Late rally helping slightly. The Big Bank Basket dropped to $191.54 (-0.4%). CBA led the fall down 0.6%, with WBC off 0.7%. MQG lost 0.6%, though insurers better on higher yields. 10-year yields touched 4.21%. REITs…
Pre-market Podcast
Dow falls over 200 points as Boeing weighs. Fed’s Waller talks rate cuts later perhaps. Yields rise. AUD falls on USD strength.
Henry’s Take – What to do with the Banks
• Changes to Portfolio.
• Starting the Special Situations
• What to do with the banks?
• What is the Carry Trade
• The Experts talk risks this year
• Meerkats to the rescue.