Trading Section

SUMMARY Added KAR on Thursday after a price breakout. Oil up over the weekend. MIN flies on Thursday, best performer in the top 50. No change to MQG or BHP/FMG One Stock Portfolios. Keeping an eye on BGL and NST after bond yields rise (gold also up). All other trades doing well, helps when the…

Pre-market Report

US markets closed mostly lower overnight as gains in technology and energy were outweighed by rising bond yields. Dow Jones down 241 points (-0.6%), S&P 500 down 0.2%, NASDAQ up 0.1%. The US 10Y yield rose 10.9bp and the 2Y rose 7.9bp after manufacturing PMI increased to 50.3 points. The highest reading since September 2022…

Pre-Market Report

Wall Street ended higher, rallying in the final stretch of the quarter, with the Dow leading gains and the S&P 500 closing at a fresh record high. The Dow closed near session highs, up 487 points (+1.22%), sitting ~1% away from breaking the 40k level for the first time. Gains in Merck & Co. (+4.96%)…

End of Day Report

  ASX 200 finds the Easter Bunny. Up a huge 77 points at 7897 (+1.0%) hitting a record high. Seems appropriate. The end of the quarter and end of the month helped stimulate optimism. Banks took a breather with the Big Bank Basket up slightly to $210.48 (0.3%). MQG rose 0.9% with insurers mixed, REITs…