Weekly Charts
These are our Weekly charts covering the Markets and Sectors – they give you a feel for the “Tide” and the undercurrents.
These are our Weekly charts covering the Markets and Sectors – they give you a feel for the “Tide” and the undercurrents.
This week’s main event is the RBA Interest rate decision on Tuesday and US jobs data Friday.
These tables show you what happened in the Market last week – it includes ETF performance as well.
Dow Jones up 177 points (+0.50%). Up 283 points at best. S&P 500 up 0.99%. NASDAQ up 1.9%. Dow Jones up 0.66% on the week.
Friday’s big drop saw me add back some long exposure with a 3% weighting in GEAR at 2531c. It did look overdone.
US stocks ended lower overnight, ending near worst levels as strong economic data showed the resilience of the economy, paving the way for the Fed to continue its tightening cycle. Dow down 237 points (-0.67%), snapping 13 straight sessions of gains dragged down by Microsoft -2.09% and Visa -1.12%. Dow at best up 125 points.…
SUMMARY So close yet failed at the 14th. US GDP upsets the bull run. ECB raises rates. No cuts to come. Two myths busted. Both starting to look more appealing. Results season beckons. What do we know already. No End of Day Podcast. Off to watch England Denmark I had this whole piece ready today,…
US stocks ended lower overnight, ending near worst levels as strong economic data showed the resilience of the economy.
SUMMARY A look at copper today. Is SFR the answer? LRS going well but today could be a softer day. Resources still under pressure. No Bazooka. No real details. LTR quarterly. Many more. 2.30 PM Updates SDR continues to hold gains. Good for BTI. LRS holding up well but lithium generally suffering. Heading into the…