SUMMARY Back from the golf courses of Thailand. A look at what we missed. We seem to have timed the bottom in the Ideas and Strategy Portfolios – for now. What now? Don’t trust it much. Let's just keep making decisions day by day. Banks after results – glad we didn’t bother stripping dividends. All…
REA released its Q1 results on Friday which brokers liked but the market didn’t. The big news was the return of positive listings growth (only 1% but up from -18% in the previous Q) and a gain in market share over Domain. We like REA and while the housing market and NASDAQ goes up so should it. BUY
Our market up 40 midday as we wait for the US CPI number tonight which could fill or kill the recent rally
ASX 200 rose strongly holding above 7000 closing up 58 points at 7007 (+0.8%).
ASX 200 rose strongly holding above 700 closing up 58 points at 7007 (+0.8%).
ASX 200 rose strongly holding above 700 closing up 58 points at 7007 (+0.8%). Resources are back in fashion as FMG led the iron ore miners higher up 2.7%, with BHP and RIO also doing well. Lithium had a rare day in the green, PLS up 0.9% and MIN up 3.1%. Gold miners slightly higher.
SMALL CAP PORTFOLIO 2.45pm Updates Lithium remains on the nose. IVZ falling as more testing issues weigh. MQG getting whacked as ex dividend and more. Speculative Stock of the Day: 4DX +62% on CMS approves reimbursement for 4D Medical scans. Honorable mention to TG6 +27% SSOTD last week. Expanded lithium soil samples at Lake Johnston.…
The ASX 200 falls 28 points to 6949 (0.4%) in a quiet start to a big week. ANZ results dominated with a small sell-off after missing some targets and dividend franking levels. The Big Bank Basket dropped to
