ASX 200 finished up 65 points at 7443 (+0.9%) in another strong day but well off highs as some profit-taking crept in. ASX 200 up 3.5% for the week. Big caps in focus. The iron ore miners shooting the lights out, BHP close to all-time highs up 2.4%, RIO up 2.2% and FMG giving Twiggy…
Dow hits all time high on Powell comments. Dovish tilt.
Portfolios well positioned to take advantage.
Adding GMG, WDS, GQG, and a Small Caps ETF to the Ideas Portfolio.
Big tech was only modestly higher. Gold and Lithium flying.
US equities rose sharply higher overnight after the Fed held rates at 5.25%-5.5% as expected, but the Fed’s “dot plot” indicated three rate cuts in 2024. The Dow rocketed up 512 points (+1.40%) to close at a record high of 37,090, marking a fifth consecutive session of gains. S&P 500 up 1.37%, now less than…
Santa is on his way.
Adding DYL and more WBT today.
The avalanche of cash begins. Where to put it?
All major global indices overbought on a daily basis.
GMG hits a 52-week high.
MQG breakout looking more convincing by the day.
Real Estate Sector ov
