ASX Today
ASX 200 is up 21 points in cautious trade ahead of the RBA tomorrow. Banks are firm and WBC results helping with the stock up 3.6% on a $1.5bn buyback and a $7.2bn profit. MQG giving back some of its gains fro
END Of DAY Report
ASX 200 rose 19 points to 6998 (0.3%) in cautious trade ahead of the RBA tomorrow. Banks were firm and WBC results helping with the stock up 2.0% on a $1.5bn buyback and a $7.2bn profit
END Of DAY Podcast
ASX 200 is up 19 points to 6998 (0.3%) in cautious trade ahead of the RBA tomorrow. Banks
Macquarie Half Year Results Update – Time To Buy?
Macquarie has released first half-year earnings this morning which have fallen short of expectations. The results are not terrible but not great. We are hardly dazzled but won’t go against the market. Buying in the One Stock Portfolio with a watchful eye.
Marcus Take – And We’re Off
And we’re off – Today we get out of cash and back into the market
Pre-Market Report – Markets Rally on Bets of Peak Rates
US equities rose sharply higher overnight, a day after the Fed hinted it may be done with interest rate hikes and a batch of upbeat quarterly earnings updates added to the bullish sentiment. The Dow ended near best levels, up 565 points (1.70%). Dow traded higher all day, with a high of +578 points and…
Pre-market Podcast
US equities rose sharply higher overnight, a day after the Fed hinted it may be done with interest rate hikes and a batch of upbeat quarterly earnings updates added to the bullish sentiment. The Dow ended near best levels, up 565 points (1.70%). Dow traded higher all day, with a high of +578 points and a low of +175 points. The S&P 500 posted its fourth consecutive gain and its biggest one-day percentage gain since April, up 1.89%.
Henry’s Take
SMALL CAP PORTFOLIO 3.10 pm Updates Will add 1% weighting in MP1 at 1007c Also adding a small position in HZR of 2% at 62c. Will also add a 1% holding in ABB at 360c on the capital raising. Would add more on a fall below the CR price. SYM deal is a good one.…
Members Podcast – And we’re off!
The Fed have fired the Starters Gun – We are back in the market after 120 days in cash
End of Day Report
ASX 200 closes up 79 points to 6878 (+1.1%). Strength straight out of the blocks on US moves higher. Banks as always leading the charge, with CBA up 1.5% and WBC doing well too, up 1.6%. The Big Bank Basket higher at $176.09 (+1.5%). MQG results this morning had an initial sell-off but rallied to finish up 1.8%.…