Pre-market Podcast
S&P 500 down 0.6%, NASDAQ off 0.92%, while the Dow Jones hovered around flatline.
Nvidia in focus.
SPI down 21 points. Results dominate.
Marcus Take Wednesday – Big Tech drops its pants – Resources on the nose
Big Tech drops its pants ahead of Nvidia results tonight. Some early (daily) sell signals on US ETFs – IVV and NDQ. Lithium stocks trashed again overnight. Chinese rate cut upsetting Chinese economic confidence. Iron ore down 5.1%. BHP and RIO down 3.7% and 4.6% in the US overnight. Stocks we hold with results today – RIO, NAB (Qly update), WOW, STC, SIQ. Other Results today – STO, DMP, CTD. Stocks we hold – Today we look at BHP, SHL and MMS after yesterday’s results. CBA ex-dividend 215c FF today.
Members Podcast Wednesday – The big advantage youngsters have over Boomers
Lots of results and today we talk about the big advantage a 20-40 year old has over a Boomer when it comes to building assets
COH Half Year Results
Cochlear’s (COH) results on Monday saw the share price fall 2% before recovering 3.5% yesterday and today to hit a fresh all-time high. Now up 17% since upgrading earnings guidance two weeks ago. We hold it in the growth portfolio. Prices are lofty but when adjusted for new earnings the stock valuation isn’t massively overpriced.…
BHP Half Year Results
BHP after the results yesterday got an unremarkable write-up from brokers. Take out the provisioning and the results were solid enough. Key points: Reported profit down from US$6.6 billion to US$927m thanks to $5.7 billion worth of charges and impairments against Samarco (US$3.2bn) and the nickel business (US$2.5bn). For those not up to date, the…
End of Day Report – NAB Q1 Cash Profits Beat Estimates
ASX 200 fell 51 points to 7608 (+0.7%) as results the focus. CBA ex-dividend sent the Big Bank Basket down slightly to $202.22 (-1%), knocking some points off the index, too. ANZ recovered 0.8% of the losses yesterday, MQG flat, insurers slid, QBE down 1.8% and SUN off 2.3%. REITs generally down, GMG off 0.1%…
END Of DAY Podcast
ASX 200 fell 51 points to 7608(0.7%) as results the focus.
CBA ex-div.
CSR takeover talk. RIO Results.
WOW CEO resigns.
Iron ire under pressure.
Pre-Market Report – US Markets Closed for Washingtons Birthday
Europe's STOXX 600 reached its highest level in over two years, buoyed by gains in healthcare stocks overnight. The index closed 0.16% higher, marking its fourth consecutive day of gains, with the STOXX 50 also hitting a new 23-year high. Volumes were light due to a public holiday in the US. Healthcare stocks rallied, led…
Henry’s Take
LTR looking interesting.
HZR Capital raise.
NEU short sellers attack. Maybe one to look at.
Results dominate. MP1 today. Early weakness.Too much expectation.
Trading Section
SUMMARY BHP results today, Iron Ore down. Share price still in downtrend. Not buying. MQG in uptrend but toppy. Not buying. WBC hits a 52-week high and goes overbought after positive results yesterday. WDS drifts lower. ALD meanwhile hits a 52-week high. COH prints a daily sell signal after falling on results yesterday. OBSERVATIONS BHP…