END Of DAY Podcast
ASX 200 shrugs off early weakness to close up 38 points at 7699 (0.5%).
Good gains in industrials.
Results in focus – HVN up 4.4%
ASX 200 shrugs off early weakness to close up 38 points at 7699 (0.5%).
Good gains in industrials.
Results in focus – HVN up 4.4%
The results season finishes today – we have two new trades in the Idea Portfolio today
Wall Street finished mixed overnight, recovering from earlier losses. The Dow lost 97 points (-0.25%), S&P 500 up 0.17%, NASDAQ gained 0.37%, and small-cap stocks performed well, building on yesterday's gains with the Russell 2000 gaining 1.34%. January durable goods orders declined notably, mainly attributed to weak Boeing orders, while February's consumer confidence was below…
SUMMARY Iron ore up. BHP remains in downtrend. Not buying. MQG up another 0.8% yesterday vs the market up 0.1%. Staying in cash. EVN continues its downtrend after going ex-dividend yesterday. ALU remains heavily overbought after its takeover bid. JLG gets hit hard on results, down 13%. ADH backs up its 15% results rise with…
ASX 200 closes flat at 7660 despite better-than-expected CPI numbers. Only monthly though. We flipped between small gains and small losses. Big short squeeze happening in the likes of CHN, PLS, NXT and BRN. Looks like someone wanted their stock back. Banks eased back, with CBA slipping 1.0% lower. MQG down 1.0%, and insurers better.…
Added TYR at 103c. Looking at JLG and NEU
ZIP – Target achieved – Some thoughts.
Speculative Stock of the Day – DXB Adding today
Us Markets holding at highs – Some big ex-dividends today – Last two days of results – CPI numbers today
ASX 200 closes flat at 7660 despite better-than-expected CPI numbers.
Huge short squeeze in battery metal sector.
Results in focus.
We are holding up well – the NASDAQ is now overbought on a weekly chart (rare) and we wonder what’s attractive about the Australian market at these levels
The S&P 500 0.17% to 5,078.18.
Nasdaq added 0.37% to end at 16,035.30.
The Dow Jones fell 0.25%, to close at 38,972.41.
FLT results.