Members Podcast
Everything you need to know about the stock market, Breakouts and cars in one podcast
End of Day Report – ASX 200 Hits All-Time High
The ASX 200 powered back up another 111 points to an all-time high of 7699 (+1.5%) as US tech took off. Green across the screen, banks found buyers again with the Big Bank Basket up to $199.37 (+1.4%). CBA jumped 1.5%, with MQG up 1.7%, but the real stars were the REITs GMG up a…
END Of DAY Podcast
The ASX 200 powered back up another 111 points to an all-time high of 7699 (1.5%) as US tech took off.
RBA decision next week
Pre-Market Report – Fed Holds Steady & Powell Pushes Back
US equities fell sharply on the final day of trade in January following the Fed's decision to maintain interest rates, dispelling any hope for a rate cut in March. All three major indexes came under pressure from mega-cap tech stocks, exacerbated by disappointing results from Alphabet (-7.4%). The S&P 500 recorded its biggest loss since…
Trading Section
SUMMARY ASX200 breaks resistance and hits all time high. Sell signals on NASDAQ and S&P500 ETFs. Short term stuff. We will hold on to our FANG bet. Oil falls as Manufacturing activity contracts in China. Not selling WDS. MQG sees a bullish 2.5% rally from intra-day lows. No change. BHP share price consolidating. Not buying.…
Henry’s Take – Traditional US Dummy Spit
Added MAD yesterday.
Traditional post-FOMC Wall Street dummy spit?
Lithium downgrades continue. Are we there yet? No.
Where to for the ASX200?
Trim the banks?
Pre-market Podcast
US stocks fell on FOMC monetary policy decision.
The S&P 500 fell 1.61%, the Nasdaq 100 declined 2.23% and the Dow Jones lost 317 points.
Members Podcast Thursday – Window Dressing reversal – nothing to worry about
We have seen the market lose the 80 points it mysteriously gained yesterday in the last day of trading before the end of the month.
End of Day Report – ASX 200 Falls 93 Points
ASX 200 gives back 93 points, back down to 7586 (+1.2%) on US FOMC news and profit-taking after an end-of-month rally sent stocks to all-time highs. Banks that have led the market higher taking a hit, with the Big Bank Basket down to $196.69 (-2.4%). CBA dropped 2.9%, and NAB down 2.2%, the most targeted.…
END Of DAY Podcast
ASX 200 gives back 93 points,to 7586 (+1.2%) on US FOMC news and profit-taking
Banks that have led the market higher taking a hit.