SUMMARY Adding FANG to the Trading Portfolio. Iron ore up on renewed Chinese stimulus. Will BHP start a new uptrend? China ETFs print daily buy signals. MQG breaks resistance. Time to get back in. WES prints a daily sell signal. COH hits a 52-week high. Adding FANG to the Trading Portfolio to get some big…
Wall Street closed mostly higher overnight on continued tech enthusiasm.
Netflix results after hours saw good gains.
ASX to open higher, SPI futures up 0.17%.
Netflix up 8% after hours on results. Everyone wants to believe in Big Tech. Why argue? Adding FANG in the Trading Portfolio. It’s a gamble. Not for everyone. Record highs in the US again. Big Tech carrying the rest. New Hampshire primary is likely to see Trump emerge as the presumptive Republican candidate. Lithium Guesswork – and the best guess is “more pain”. Nickel the example. Banks boosting our portfolios. A look at the numbers. Uranium – one broker says it’s going up and up.
A look at two biotechs vying for superhero dominance.
Sold TLG and eased risk on KAR.
40 years ago today, 1984 saw the launch of something big.
ASX closes flat after tax changes.
NAN collapses on trading update.
Gold and Lithium rally in quarterlies.
Trump takes New Hampshire
The ASX 200 has finished near flat, remaining close to unchanged since midday. Individual stocks had a different story with plenty of volatility around during confessions and results season. NAN was the worst performer in the All Ords, falling 33.4% as revenue dropped and costs rose. KGN was one of the standout performers, rising 14.9%…
We are buying a few things today in the hope that this market rally extends
ASX 200 rises another 38 points to 7515 (0.5%) as banks and iron ore miners rise.
China stimulus hopes help BHP.
BoJ keeps rates unchanged.
SUMMARY MQG underperformed the market yesterday, hitting support before settling lower. BHP prints a buy signal as expected, also underperformed the market yesterday. Not getting back in yet. NASDAQ hits a 52-week high, overbought on both a daily and weekly basis. Uranium loses momentum. Financial sector hits a 52-week high along with the CBA and…
Dow 138 closed higher, marking another record-breaking session.
The S&P 500 added 0.22%, also recording a fresh all-time high.
ASX SPI Futures down 1 point.
