Trading Section

SUMMARY ASX200 hovering above resistance level. JBH and CAR hit 52-week highs after positive results yesterday. MQG operational briefing out this morning. Holding uptrend. BHP quiet. No change. WDS clinging onto uptrend. IZZ OK. CSL (and Health Care Sector) print daily and weekly sell signals after yesterday’s big fall. OBSERVATIONS ASX200 hovering above resistance level.…

Pre-Market Report

US markets closed mostly higher on Friday night, driven by big tech. The S&P 500 crossed the historic 5000 point mark gaining 0.57%, the NASDAQ gained 1.25% while the Dow finished down 55 points (-0.14%). Losses in Chevron and Walt Disney weighed on the Dow while gains in Microsoft and Intel resulted in a near…

End of Day Report

ASX 200 falls 30 points to 7615 (0.4%) as a CSL drug trial fails. A Phase III trial for CSL saw the stock down 4.8% with RMD off 1.4%. Industrials solid with good results from JBH lifting the retail sector, JBH up 7.1% APE up 2.2% and LOV up 4.8%. WES and supermarkets fail to…