Overnight, the S&P 500 and NASDAQ edged lower, driven by profit-taking in chipmaker stocks. The Dow inched up 38 points (+0.10%), while the S&P 500 dipped 0.2%, and the NASDAQ fell 0.5%. PHLX Semiconductor eased 2.5% following recent strong gains, up 16.61% YTD. Treasury markets stabilised after a robust auction of 30Y bonds, contrasting with…
SUMMARY There are Income Stocks – and there are stocks with high yields. Why brokers are always wrong about the CBA. Why brokers say STRONG BUY. CPI behaves – climbing the Wall of No Worries. Growth and Income Portfolios are now in 17-18% cash. Selling PPT today (it's now gone ex-dividend). Lots of Central Bank…
SUMMARY BOE recovers from another soft open to finish in the green. BHP chart getting worse by the day. Close to oversold. MQG hovering near highs. Not buying. Japan and India ETFs print weekly sell signals. SUN hits a 52-week high. WDS hits a 52-week low despite the oil price fairly steady. OBSERVATIONS BOE recovers…
US Deficit and CPI-No one cares really. They say they do.
A Look at QIP and IPH.
The Big Bank Basket and franking credits.
US stocks rallied overnight, with the S&P 500 reaching a record high close fuelled by gains in Oracle shares and despite a marginally higher-than-expected CPI result. The S&P 500 climbed 1.1%, while the NASDAQ and Dow Jones also posted gains of 1.1% and 0.61%, respectively. Headline inflation rose to 3.2%, exceeding forecasts, the monthly rate…
Oliver joins us today to discuss Telstra and just what makes an income stock
The ASX 200 has ended the day up 17 points (0.22%) in mixed trade. US inflation data has filtered through to our market with Consumer Discretionary stocks leading the gains along with Real Estate and Financials. ALL and JBH rose 2.1% and 1.4%. GMG and SCG both finished up 2.5% and 0.9% despite bond yields…
Making changes – some dramatic changes to our portfolios today as we run up a bit of cash
