US markets closed strongly higher on Friday night after falling bond yields fuelled a renewed tech rally. The NASDAQ outperformed, up 1.14%. The S&P 500 rose 0.8% and the Dow Jones finished up 91 points (0.23%). Both the NASDAQ and S&P 500 hit fresh record highs. US bond yields had a large fall after US…
Gold in focus today.
HM1 looking interesting as US activist takes 10%.
US Check Ins.
Big week for Central Banks. China too.
Index changes announced.
ASX 200 slid 10 points to 7736 (0.1%) off all-time highs as iron ore and healthcare stocks weighed. BHP off 1.5% and FMG getting whacked down 3.2%. Lithium stocks gave back some early solid gains, prices slipping slightly in China. MIN down 2.1% and PLS up only 0.7% with IGO falling 1.7%. Gold miners were…
ASX 200 slid 10 points to 7736 (0.1%) off all-time highs as iron ore and healthcare stocks weighed.
Gold soars. Banks firm.
Happy Easter (Results are Over) To paraphrase the late John Lennon, It has been a long month. Results season always is, and the numbers drop thick and fast. Analysts are ignored by quant funds, hedge funds and proprietary traders as the algo focus on keywords and shoot first and analyse later. We have some extreme…
Good Morning you lovely Members. All is good in stock market land. SPI Futures up 11 points this morning. Dow Jones up 90. The NASDAQ just hit a second new all-time high on the trot (up 1.14% overnight). US markets have had four straight months of gains. Nvidia up another 4% having risen 33% in…
All of this weeks podcasts in one place.
Wisetech (WTC) results: Impressive results from WTC saw the stock 11% higher on the day and now up 19% since. Earnings of $500m driven by CargoWise earnings of $420m up 40%. The high growth was attributed to recent Mergers and Acquisitions and new Large Global Freight Forwarder rollouts. Margins of 46% have beaten guidance. Free…
