ASX closes off highs at 7636 up 32 points (+0.4%). Down 14 points for the week. Chip fever hit hard today with BRN, WBT and AXE all making extreme moves, Banks were firm yet again, NAB up 1.1% the best, and the Big Bank Basket up to $202.92 (+0.5%). MQG running 0.6% higher. Insurers firmed,…
Investing is easy, just buy Nvidia.
Fedspeak suggests the Fed is in no hurry.
PLS results in focus.
DMP- Change of mind.
Retail winners/losers.
Nvidia up 16% – A Lesson in Bubbles. Block up 11% after hours on results in the US. Upgraded guidance. Australian stock market looking “so 1980s”. Stocks covered today – FMG, NST, PLS, MPL, QAN. We only hold MPL. Main Results expected today – SQ2, NEM, BXB, LTM, LYC, SFR. The China Problem – manipulating their stock market.
ASX closes off highs at 7636 up 32 points (0.4%).
Chip fever hit hard today
ASB sinks. Gold tanks.
WDS sells down Scarborough
We are over the hump of results with this day going down in history as Nvidia adds the market cap of Netflix in one night
As of November 3 2023 we are back in the market. We have had a fabulous year so far, up 26% against the All Ordinaries index up 1% – we’ve achieved that largely thanks to a very well-timed trade in the FANG and NASDAQ (NDQ)
ASX 200 rose 3 points today to 7611 as Nvidia and results were the focus.
Super Thursday. QAN down 6.8%. LOV up 10.4%
CSR Bid.
SUMMARY Nvidia up 7.5% after hours on results at the top of guidance. Glad we still hold FANG, HNDQ and IHVV in the Strategy Portfolio. Busy busy busy. Busiest day of results is today. CSR gets a bid approach at 900c. Don’t hold it. RIO results – why they are irrelevant. Results of stocks we…
The Dow Jones Industrial Average added 48.44 points
The S&P 500 gained 0.13% – Nasdaq Composite lost 0.32% to close at 15,580.87.Nvidia Results
