Strategy By Henry – One Down, Three to Go

Box 1

Last Update 9.50am with Phil Lowe's comments. SUMMARY US CPI fails to excite either way. Higher for longer. A look at QBE, BLD and AGL results. REA results drop. Stop snoring and start buying. Lowe's last stand today! 'It’s too early to declare victory despite promising signs that inflation is falling'. *** BREAKING NEWS*** REA…

Henry’s Take – Strange Days

Box 2

Last update 11.48am. OPT more questions than answers on funding mechanism. Summary AQZ Results – Happy to Hold. Ord Minnett Research out with a bullish 450c PT. Buy recommendation. LTR funding question mark. Biotech to keep an eye on. Need more information on it. Ask the Analyst tonight. SMALL CAP PORTFOLIO 3pm Update IVZ doing…

Midday Report Friday

Reports Section

MARKET AT MIDDAY The ASX 200 is down 3 points to 7355, in a flat day of trading, mirroring Wall Street's performance. Fed remarks and RBA governor Lowe's taking some focus. Results dominate. Energy and materials sectors lagging behind, with Bluescope Steel (BSL) seeing a 3.3% decline as it greenlit a $415m expansion for its coated metal products facility in…

End Of Day Report Friday

Reports Section

ASX 200 slid 17 points to 7340 (+0.24%) in quiet trade dominated by results again today. For the week, the index is down 0.85%. Broad based weakness today, nothing spectacular though. Banks eased after CBA results and Phil Lowe talked up rates in Canberra. The Big Bank Basket down to $180.46 (0.1%). Insurers mixed, QBE…