End Of Day Podcast Monday
ASX 200 closed up 43 points to 7246 (+0.6%), supported by a rise in commodity prices. Starting the new financial year off in the positive.
TLS – Defensive income stock
THE NBN HISTORY Ten years ago Telstra was the best income stock in the Australian stock market. Then the government decided to roll out the NBN, which required Telstra to structurally separate its wholesale and retail businesses. That involved separating its network infrastructure and wholesale services from its retail operations. The idea was to promote…
Henry Weekend
A much better week for equities as the ASX 200 bounced 1.5%. The RBA beckons on Tuesday next week , with another line ball decision for Phil and his board. This week we saw a nice drop in the monthly CPI to 5.6%. But as I wrote this week, before we all get too carried away just remember that many price rises kick off on July 1st, not least of which will be energy prices. Lucky that the petrol price is coming down( down 6% last month). Maybe we need to buy a generator and cut out the AGLs of the world. Or ring that solar guy back!
Marcus Weekend
Dow Jones up 285 points (+0.84%). Up 345 at best. Up 148 at worst. NASDAQ +1.45%. S&P 500 +1.24%. One newswire describes the last day of the half-year as the “Cherry on Top”. SPI Futures are up 29. The ASX 200 was up 104 points or 1.47% last week. The Tech sector led the ASX…
Members Podcast This Week
Click here to access all our Member’s Podcasts for the last week in one place. This is our Members Exclusive Podcast telling you everything you need to know about the stock market each day.
Diary this Week
MAIN EVENTS US Markets are on holiday on Tuesday July 4th and close early on Monday. A lot of Americans are on holiday this week. RBA Interest Rate Decision Tuesday. FOMC Meeting Minutes Thursday. US Nonfarm Payrolls and Unemployment Rate Friday. ECONOMICS Australia – Building Permits Monday and Balance of Trade Thursday. US – Manufacturing…
Market and Sector Charts
These are out weekly charts of the Markets and sectors – they provide a very quick idea of the currents running through the market at the moment
On the Couch with Adam Dawes
In this episode of On the Couch we catch up with Adam Dawes from Shaw and Partners talking on the market moving themes of the last year. What 23/24 holds in store for investors. His three picks for the new financial year, and answers some member questions on ZIP, MIN, CXL, LOV, and ABB.
Members Podcast Friday
This is our Members Exclusive Podcast – The last day of the financial year. The US is on holiday on Tuesday and has a half-day Monday. We have the RBA to worry about next week and an inflation number in the US tonight.
End Of Day Report Friday
ASX 200 closed with a modest gain of 0.12% to 7203, up 8 points as EOFY came and went. For the week, the index is up 103 points or 1.5%. A mixed session with resources slightly firmer, BHP up 0.1% and FMG up 0.3% with lithium stocks drifting higher, PLS up 1.2% and IGO up…