THE WEEK THAT WAS Big week for central banks. Turkey raised its rates by 5%. Taiwan raised its rates. The Swiss National Bank cut its rates, RBA talked vaguely of higher rates, yes higher, but only vaguely. It did nothing and won’t for a while (excellent article by Christopher Joye in the AFR), The Fed…
All of this weeks members podcasts in one place.
Quiet day as we roll into Easter next week – Fat and Happy – will the market ever crack?
My mobile was lying next to me rumbling away on speaker phone. I have taken to using speaker phone when I call one of our big companies so that I can get on with something useful while it gets around to answering. ‘Please press 1 if you want A, press two if you want B,…
Futures down but everything else up. Three options for looking after your own Super. Jobs numbers dent rate cut hopes. Coming up next week – CPI numbers, Easter and CBA pays its dividend. A look at Webjet (WEB – we hold) pops on Strategy Day. Stock market flying and we don’t hold Macquarie (MQG).
SUMMARY New trades off to a positive start despite the opening premium. BGL performed best. LLC has a nasty fall. Closed on the 2x ATR stop loss level, will exit if it opens lower but hold if it opens higher. Update: Opened higher. Will hold for another day. Staying in cash in the One Stock…
ASX finished the week down 11 points at 7771 (0.2%).
The index rose 1.3% for the week.
USD strength hurts resoeurces.
Four big things happened last night.
The Art of Arbitrage. Buffett has made a fortune from it.
Fat and Happy at Easter.
Wall Street closed higher, with all three major indices registering record closing highs for the second day in a row. The Dow traded higher all day, finishing up 269 points (+0.68%), supported by gains in the rate-sensitive banking sector, with Goldman Sachs up 4.3%, BofA, Citigroup, and Morgan Stanley all advancing over 2%. The Reddit…
