LIGHT & WONDER (LNW) – At a member request we are looking into Light & Wonder (LNW), an American company based in Las Vegas. LNW is dual listed on the NASDAQ and as of May last year, on the ASX. The company listed here to provide access to long-term Australian institutional investors in what it…
A pedestrian day in the positive – outperforming the US – Big Tech down in the US – Resources up in Australia
ASX 200 rose 37 points to 7639 (+0.5%) off highs but bounces off 7600. Jobs data fails to stir. Good news for Iron ore miners with BHP production numbers and higher ore prices in Asia saw BHP up 1.5%, RIO up 1.7% and FMG lagging. Base metals finding friends again, MIN up 1.9% and PLS…
Sold half of the DRO at 105c
The Call yesterday with The Whisperer.
Albo putting our money where his mouth is.
Resource Investing.
Spark New Zealand (SPK) – We are taking a look at the telco SPK today, a NZ version of TPG or Telstra. We hold it in the Income Portfolio and it has had a torrid year, down 13% since early February. That's a significant drop for a defensive income stock yielding 6%. Most of the…
ASX 200 closes down 7 to 7606 (-0.1%) in an anaemic bounce snuffed out at the close despite better US futures. Nerves surrounding Israel continue. Banks staged a slight recovery as BOQ beat forecasts despite a dividend cut, up 5.2%. The Big Bank Basket rose slightly to $199.04 (+0.2%). MQG slid another 1.0% with insurers…
You've probably seen the Ad – "The average forex trader earns $100,000 to $2m a year starting with as little as $10,000 in their trading accounts". The idea that you can easily speculate in foreign exchange from the comfort of your own home and mobile phone, and make money, is ridiculous. What could you possibly…
Wall Street closed mixed overnight in choppy trading as the market weighed the latest round of quarterly reports and Powell's comments which drove bond yields to fresh 2024 highs. The Dow gained 64 points (+0.14%), getting a boost from UnitedHealth’s +5.2% better-than-expected Q1 results. Up 257 points at best, down 21 points at worst. The…
