SMALL CAP PORTFOLIO 3.00 Update Market keeps pushing higher. Happy days. LTR bouncing on AZS deal. Could it be a template for another bid from Albemarle? Another great day in NEU. AKE deal to get up. Speculative Stock of the Day: MTM Critical Metals (MTM) +100.00% Good volume on announcement of buying West Arunta Niobium…
ASX200 overbought on a daily basis. Most overbought in three years.
Real Estate with a daily sell signal after a sharp rise.
5 sectors overbought on a daily basis.
Punching the Air – That means something has to go wrong – but it hasn’t yet
MARKET WRAP The ASX 200 finished the day up 63 points to 7489 (+0.8%) in another strong across the board rally. RBA minutes helped, BoJ staying pat helped, and takeovers helped. Solid gains across the board. The Banks continue to march higher, CBA up 0.6% and WBC up 0.8%. The Big Bank Basket up to $189.23 (+0.5%). MQG…
No changes to the portfolios today which are all performing well – Punching the Air – which means one thing….
ASX 200 lost 16 points to 7426 (0.2%) in lacklustre trade dominated by M&A activity in LNK, ABC and PSQ. Rallied off early lows. Monday M&A day ahead of Xmas break. Banks drifted lower with the Big Bank Basket unchanged at $188.20. Insurers suffered as yields fell again, QBE down 0.6% and SUN off 1.8%. Fund managers lower with REITs under pressure, GMG up 0.1% and VCX down 2.4%. Industrials w
