Pre-Market Podcast Monday
Stocks fell on Friday, and finished lower for the week, as Wall Street struggled to shake off fears that the Federal Reserve may start hiking rates again later this month.
Henry Take – The Patriot Strikes Back
SMALL CAP PORTFOLIO Escaped the carnage thanks to LRS. Patriot Battery Metals (PMT) – Conflicting reports. Makes LLL look cheap. PMT in a halt. LLL up 12% early. Ask the Analyst podcast link. Usual US Check-Ins. And what do you want from your End of Day Report? Your chance to shape the newsletter. Ask the…
Members Podcast Monday
Members Podcast Monday 10th July
Midday Report Monday
MARKET AT MIDDAY The Australian share market, bounced back after a drop last week. The market opened with up 0.5%, driven by the materials and energy sectors. Mining stocks rose by 1%, with gold producers De Grey Mining (DEG) +3.2%, Regis Resources (RRL) +4.1% and Newcrest Mining (NCM) +1.4% experiencing notable gains. Iron ore giants BHP Group (BHP) +0.2% and Fortescue Metals (FMG) +0.1%, also saw positive movement. GQG Partners (GQG),rose 3.1% after…
End Of Day Report Monday
ASX 200 closed down 38 points to 7004 (-0.5%) after a jump of 42 points at the opening bell, rebounding from last week’s sell-off before the market turned lower on weak consumer inflation data from China. Gold outperformed today, tracking an uptick in bullion prices. NST and NCM up 1.8% and 1.1%, respectively. Energy stocks…
End Of Day Podcast Monday
ASX 200 closed down 38 points to 7004 (-0.5%) after a jump of 42 points at the opening bell.
Henry Weekend
THE WEEK THAT WAS – TRIPLE B Week! Instead of being ‘bewitched, bothered and bewildered’, we finished ‘battered, bloody and bruised’ after a nasty old week on the ASX. ASX 200 down 161 (2.24%) on the week with a nasty 237 point drop in the last three days of the week. So many conflicting pieces…
Marcus – Standing Back
Dow Jones down 187 points (-0.55%). It was down 206 points at worst and up 114 at best. NASDAQ down 0.13%. S&P 500 down 0.29%. The US jobs numbers came in a bit better than expected, but inflation concerns remain as wage growth (4.4%) is inconsistent with the Fed's inflation target (2%). The oil price…
Diary Next Week
MAIN EVENTS This week's key highlight is the release of the US Consumer Price Index data on Wednesday. In May, US inflation dropped to 4%, marking its lowest level since March 2021. The drop was driven by a fall in energy prices. Core inflation, which excludes the volatile costs of food was 5.3%. Market consensus…
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