End of Day Report Wednesday

ASX 200 closed flat, down 3 points to 6854, losing early morning gains following hotter-than-expected inflation data. Market up 40 points at best. Down 25 at worst. Miners helped offset steep losses today on news China has approved additional stimulus. Iron ore behemoths did most of the heavy lifting, supported by firmer iron ore prices. BHP, RIO and…

Henry’s Take – Melbourne Bound

SMALL CAP PORTFOLIO I am on a plane down to Melbourne this morning on a 6.40am flight. Not quite sure what possessed me to book that flight. Think it was cheap! It’s an early start from Sydney’s Northern Beaches. I will be at the Microcap Conference for the next few days and hope to have…

Technical Scans

TECHNICAL SUMMARY Another day of big oversold and 52-week low lists. Stocks aren't the only ones oversold, with an interesting variety of ETF's on the list. Lithium stocks joining the 52-week low list after a shocker yesterday. An income ETF at a three-year low. EMR standing out in the Gold Sector. OBSERVATIONS A variety of ETFs are…

End of Day Report Tuesday

ASX 200 edges higher, up 13 points to 6857 (+0.2%), breaking a three-day losing streak. Gains in Miners and Resources were offset by losses in the Healthcare and Staples sectors. Iron ore giants did most of the heavy lifting after big falls yesterday. BHP, RIO and FMG all gaining between 0.5%-2.6%, helped by firmer commodity prices. Energy stocks benefited from a rising…