SUMMARY Iron ore rose overnight (more China stimulus promises) but fell in January. Staying in cash in the BHP OSP. MQG long and looking good. WDS merger cancellation pricks up the share price. IZZ off to a reasonable start. LTR prints a daily buy signal, thought about adding PLS for a trade. Too risky with…
SUMMARY The Wall of No Worries – Until we find something to worry about – it's all-time highs. Buying back WOR in the Growth Portfolio. Down 7% since selling and has bottomed. Coming up – China on holiday tomorrow, Bank results and a US CPI number. US Results getting less significant by the day. SNAP…
AQZ – Results.
Added PMT yesterday.
GQG up 16.5% in a week.
DEV in Uranium
Strategy – The juggernaut rolls on.
Year of the Dragon.
The ASX200 has finished the day up 23 points in a narrow day of trade. Utilities was the best-performing sector thanks to AGL’s big 10% rise. The company reported a quadrupling in first-half earnings and expects full-ye
Getting busy with the results season – Buying WOR in the Growth Portfolio. Not buying PLS – lithium could be a trap.
The Nasdaq Composite jumped 0.95% to settle at 15,756.64.
Dow Jones Industrial Average rallied 156 points to close at 38,677.36 and an all-time high.
The ASX200 has finished the day up 23 points in a narrow day of trade. Utilities was the best-performing sector thanks to AGL’s big 10% rise. The company reported a quadrupling in first-half earnings and expects full-year revenue to come in at the top end of guidance. Tech also had a strong performance following the NASDAQ higher, WTC and XRO up 3.1% and 1%. Big banks…
We look at the new RBA Rhythmn today – like it – and buy a new trade in the Ideas Portfolio
The S&P 500 rose 0.23% to settle at 4,954.23.
Nasdaq Composite inched up 0.07% to close at 15,609.00.
Dow jumped 0.37%, to end at 38,521.36.
The new RBA rhythm refreshes the parts Philip Lowe didn’t reach. Catch the knife anyone – The Chinese stock market bounced yesterday. Magnificent Seven or Sensational Six – Tesla is down 38% in six months and is 55% below the 2021 high. Lithium stocks came alive overnight. For a night. Resources drift. Iron ore price downgrades.
And there it is – a sell signal on the CBA a week ahead of results. Right on schedule. India – it doesn’t matter which ETF you buy.
