Dow hits all time high on Powell comments. Dovish tilt.
Portfolios well positioned to take advantage.
Adding GMG, WDS, GQG, and a Small Caps ETF to the Ideas Portfolio.
Big tech was only modestly higher. Gold and Lithium flying.
US equities rose sharply higher overnight after the Fed held rates at 5.25%-5.5% as expected, but the Fed’s “dot plot” indicated three rate cuts in 2024. The Dow rocketed up 512 points (+1.40%) to close at a record high of 37,090, marking a fifth consecutive session of gains. S&P 500 up 1.37%, now less than…
Santa is on his way.
Adding DYL and more WBT today.
The avalanche of cash begins. Where to put it?
All major global indices overbought on a daily basis.
GMG hits a 52-week high.
MQG breakout looking more convincing by the day.
Real Estate Sector ov
ASX 200 powers to a 5-month high of 7378 up 120 points (+1.7%) as the Fed delivers in time for a very happy Xmas. A leap this morning on the open following the dot plots and the Q&A session. Bond yields tumbled with the Australian 10-year yield back to 4.12%. Financials, REITs rallied hard, the…
Looking more and more like a bull market.
US CPI didn’t disturb.
Glass half full going into FOMC tonight.
EU and US markets on 52-week highs. Meanwhile in Aus..
Thought of rebuying LNAS in the I
