END Of DAY Podcast
ASX 200 falls 30 points to 7615 (0.4%) as a CSL drug trial fails.
AD8 soars nearly 21%
JBH up over 7%
Results dominate.
Henry’s Weekend Take
Happy New Year Tradition says that the ‘Year of The Dragon’ signifies wisdom, good luck, prosperity, and strength, and the market is awaiting positive developments in the world’s second-largest economy. One fund manager has this to say ‘Ride the dragon to prosperity by not timing the market and staying invested even in volatile times’. Don’t…
Members Podcast This Week
All of this weeks’ podcasts in one place.
Marcus Weekend – Getting toppy but holding in there
Sold and bought a few things last week – A bit of a quiet week last week – we get into the results season next week
Pre-Market Report
The S&P 500 edged up 0.06%, hovering near the historic 5,000-point mark, driven by earnings releases, a largely steady jobs report, and commentary from policymakers regarding potential interest rate adjustments. NASDAQ rose 0.24%, and the Dow Jones climbed 49 points. Up 78 points at best. Down 133 points at worst. The Russell 2000 and the…
Trading Section
SUMMARY S&P 500 overbought on both a daily and weekly basis. Real Estate Sector hits a 52-week high. No change to MQG. Iron ore rises to a one week high. Chinese support limited. Staying in cash for BHP. IZZ down 1.3% yesterday but chart still looks fine. HOLD. Oil has a big rise over 3%. US…
Henry’s Take – KUNG HEI FAT CHOI
2.30pm Update Nothing done in LTM as it headed higher. Lithium stocks trying to find a low. LTR – On a roll as the Gina Reinhart 'no move' period comes to an end. What happens now? Good question. DRO continues to power higher. Was a recommendation some time ago after we did a podcast with…
Pre-market Podcast
S&P 500 closed flat after briefly topping the 5,000 mark
Dow Jones rose 0.13%, to end at 38,726.33.
Nasdaq gained 0.24% to close at 15,793.71.
Marcus Take
SUMMARY SPI futures flat. Wall St near flat. A look at REA and COH results. Buying NDIA in the Strategy Portfolio. Happy to remain fully invested in the Strategy Portfolio. Some big names to report next week. ArcelorMittal upbeat on Iron Ore ex. China. BULLETS SPI futures flat. Wall St near flat (Dow up 50 points…
End of Day Report
ASX 200 managed to eke out a 6-point rise to 7645 (+0.1%) in relatively stable trade. Results kicked off this week and plenty of stock volatility to keep us amused. Mixed session with banks flat, Big Bank Basket back above $200 (+0.1%). MQG down 0.2% and GQG seeing some end-of-week profit-taking. REITs are back in demand…