The Dow hit a new high for the year, up 520 points (+1.47%), driven by a 9.2% jump in Salesforce shares and a moderation in PCE inflation. The S&P 500 gained 0.38%, while the NASDAQ fell 0.23%. October saw a slowdown in PCE inflation measures and a moderation in personal spending, reinforcing expectations that the…
KAR attractive here. Will add more today.
Advent Calendar picks for Ausbiz in 2024.
One big one very speculative. Did I really recommend that one!
ASX200 VIX index falls to a 52-week low.
CSL and RMD on the mend. CSL forming a solid uptrend. RMD bottoming nicely.
EVN hits a 52-week high.
Value vs Value, pivot month done.
ASX 200 fought from early big falls to close down only 14 points to 7073 (-0.2%). Banks flat, the Big Bank Basket at $178.32 (-0.3%). MQG slid 0.8%, with other financials pulling back slightly. Insurers held in, with SUN up 0.2% and MPL up 2.0%. REITs mixed, GMG up 1.3% and VCX down 2.1%. Healthcare flat,…
ASX 200 fought from early big falls to close down only 14 points to 7073 (0.2%).
November is done – good month – Value versus Growth – Experts versus Lemmings
ASX 200 down 5 – struggling for momentum despite a better vibe for Australian bonds after yesterday’s CPI number
TECHNICAL SUMMARY
S&P 500 overbought on a daily basis.
COH overbought as healthcare kicks back into life.
KAR oversold on a daily basis.
SQ2 overbought after a stunning run.
