International Women’s Day – AI afterburners on – Interest rate cuts moving from myth to reality – a podcast with Louise Bedford – the anatomy of the 1987 Crash and the lessons from it.
GQG-DRO news.
DXB – Crunch time coming.
What is Fair Value?
Is this a Boom looking for a Bust?
On the Couch Podcast.
AI after-burners are on. Now we’re getting frothy. But don’t sell anything yet. Record highs here today. Powell pacifies – ECB concurs. Aussie 10 year bond yield under 4%. Rate cut hope will soon be a reality and its blowing the equity markets along. Some Lithium shorts covered last week. Iron ore the new target. BHP and RIO ex-dividend. US jobs numbers tonight.
ASX 200 finished at record highs of 7847 up 83 points (+1.1%). Up 102 (+1.3%) points for the week. Banks were as usual, the big driver, hitting highs, the Big Bank Basket up to $214.07 (+2.0%). CBA pushed 1.8% ahead, NAB up 2.3% and WBC up 2.6%. MQG continued higher up 2.0%, and insurers up…
SUMMARY Bull run not over yet. Markets head higher again. Cash in MQG for now. Iron Ore drifts lower. No change to BHP. BOE and LLC not coming to life yet. Few tech sell signals around. Short term only with the NASDAQ up overnight. MFG forming a nice uptrend after jumping 7.9% yesterday. CTT breaks…
Talking ZIP, ABB and two stocks to watch SXE and GNP
Plenty of chatter on Ai too and tech stocks locally.
Powell doesn’t disturb – Cracks appearing in Big Tech – BHP and RIO ex-dividend – thinking about an FMG One Stock Portfolio instead of BHP.
Wall Street closed higher overnight as economic indicators and statements from Federal Reserve Chair Jerome Powell bolstered expectations of a forthcoming rate cut. The Dow rose by 0.20%, the S&P 500 by 0.51%, the NASDAQ by 0.58%, and the Russell 2000 by 0.70%, though they ended slightly below their peak levels. Powell affirmed the Fed's…
