86 stocks overbought in the All Ords yesterday, 96 today.
The ASX200 is 1.9% from the top of its multi-year trading range.
GQG hits a 52-week high.
BHP is 1.2% from its all-time high.
AWC with a daily sell signal.
MARKET WRAP ASX 200 up another 49 points to 7538 (+0.7%). Another day, another push towards 7600. Slipped a little at the close. Across the board gains with banks in demand again, ANZ up 0.7% and WBC up 1.0%. The Big Bank Basket trading at $190.21 (+0.5%). MQG kicked 0.9% higher, with GQG doing very…
Closing in on all-time highs – markets overbought – when do you sell?
No changes to the portfolios today which are all performing well – Punching the Air – which means one thing….
SMALL CAP PORTFOLIO 3.00 Update Market keeps pushing higher. Happy days. LTR bouncing on AZS deal. Could it be a template for another bid from Albemarle? Another great day in NEU. AKE deal to get up. Speculative Stock of the Day: MTM Critical Metals (MTM) +100.00% Good volume on announcement of buying West Arunta Niobium…
US equities kicked off the week on a positive note, continuing its seven-week bull run. The Dow closed flat, up one point. Up 88 points at best. Down 20 points at worst. The S&P 500 gained 0.45% as more than $40bn of mergers and acquisitions hit the market, following months of disappointing volumes. The NASDAQ Composite is up +0.61%, and the NASDAQ…
