Members Podcast Thursday – Having a punt in Lithium
The market sobering up today – we’re calling the bottom on Lithium stock sentiment in the short term – traders only
End of Day Report Thursday
ASX 200 fell 5 points to 7173 (-0.1%) in a day of consolidation closing near highs for the day. Plenty of corporate news around, from Chemist Warehouse's reverse takeover to MFG FUM and MGF deal. Plus, we saw a bid for PPT up 6.7%. Banks eased back very slightly, with NAB down 0.4% and MQG…
Pre-Market Report
US equities ended mixed while bonds resumed their rally following fresh economic data reinforced bets the Fed will cut rates in Q1 of next year. The Dow Jones fell 80 points (-0.22%). Dow down 194 points at worst. S&P 500 ended marginally in the red, down 0.06%, and the NASDAQ gained 0.31%. Treasuries fell after…
Technical Scans – Hong Kong Hits 52-Week Low
EuroStoxx Overbought on a daily basis.
Hang Seng Index (Hong Kong) hits a 52-week low.
PLS hits a 52-week low.
Henry’s Take – The Great Debate
Lithium still depressed
The Great Debate
Nice Xmas present in MGFO
BIS and the rise of BNPL.
Ask the Analyst Friday 15th
Members Podcast Wednesday – A better day
A better day as the RBA’s Dovishness washes over our financials
End of Day Report Wednesday
MARKET WRAP ASX 200 romped ahead by 117 points to 7178 (+1.7%). All is forgiven after the losses of yesterday, even lithium staged a significant comeback. This despite falls in international lithium stocks. AKE up 3.0%, PLS up 5.6% with some large blocks traded, MIN rose 4.2% with iron ore miners not even stirred by…