Henry’s Take – Putting the Band Back Together!

Box 2

SMALL CAP PORTFOLIO 2.45PM Updates A very disappointing performance today. Apathy seems to be the name of the game. After a strong start, the ASX gave it all up and then some.  Fears of China slowdown, lack of serious stimulus, RBA tomorrow, and disappointing quarterlies too not helping. My buy of GEAR does not quite…

Pre-Market Report Monday

Reports Section

The US stock markets experienced gains all round last week, with US Treasury yields weakened after hitting two-week highs following the BoJ decision to tweak its ultra-loose monetary policy. The Dow Jones gained 177 points (+0.5%), ending the week on a win. At its best, the Dow was up by 283 points, while at its…

Strategy By Henry – Shake it Off!

Box 1

SUMMARY Friday was overdone. Shake it off. Adding GEAR to the Strategy Portfolio at open. Caution required with China and RBA in focus. FMG is a buy. Quick Takes: Saudi and Qatar expanding investment into miners. Feeling slightly naked after the US rally on Friday. That can be remedied though. The ASX 200 will be…

Midday Report Monday

Reports Section

MIDDAY REPORT The ASX 200 is up 11 points to 7414 (+0.1%) recovering some losses from Friday’s session, driven by the technology sector. Carsales.com (CAR) +2.4% and Xero (XRO) +0.3%. The positive sentiment was also influenced by gains on Wall Street on Friday, attributed to easing inflationary pressures in the US, which reduced the likelihood of further monetary tightening from the Federal…

End Of Day Report Monday

Reports Section

ASX 200 closed up 7 points to 7410 (-0.1%) in a narrow day of trading, boosted by a lower US inflation rate. Resources mixed after China’s manufacturing activity shrank for a fourth month this year. Iron ore miners slightly higher S32 up 0.8%, BHP up 0.5% and RIO up 0.4%. Energy continuing its bull run…