END Of DAY Report

ASX 200 finished slightly higher by 7 points to 7666 (0.1%) in a quiet day. Results once again dominated as US market closed tonight for Presidents' Day. Resources were the steadying influence today on hopes of Chinese stimulus and better economic news post the LNY. BHP up 0.9%, RIO up 1.6% and FMG flat. Selected…

PME Results – Ok When Great was Expected

PME reported yesterday OK results but the market smashed it, finishing the session down 13%. It along with DTL are two of the more risky stocks we hold in the Growth Portfolio. Great potential, both stocks were up almost 50% since the end October “dovish pivot” until results. With more upside potential comes more volatility…

End of Day Report

ASX 200 finished up 53 points to 7658 (0.7%) off early highs but still a very solid day. Up 10 points for the week. Most cylinders firing today, Banks firm as usual with the Big Bank Basket up to $202.34 (1.4%). CBA bounced 1.9% the best of the four. MQG rose 0.3% after big run yesterday, insurers…