Henry’s Weekend Take
Sold both ETFs this week. Cautious. Nothing in the IDEAS PORTFOLIO or ONE STOCK PORTFOLIOs. Sold the CXL holding down from just over 3%.
Pre-Market Report Friday
All three major US Indexes finished lower overnight after a choppy trading session as US bond yields hit nine-month highs and the dollar dipped following a US credit downgrade. Dow Jones fell 67 points (-0.19%). Dow at best up 66 points. Dow at worst down 160 points. S&P 500 posted its third straight decline, down…
Pre-Market Podcast Friday
All three major US Indexes finished lower overnight after a choppy trading session as US bond yields hit nine-month highs
Strategy By Henry – Yield Rises Take Toll
Last update 10.10am RMD Commentary. No guidance given either. Markets not happy Jan. SUMMARY Houston we do have a problem! Fitch may be showing bad timing but it is an inconvenient truth. Why you should avoid CFDS. Fence sitting with no positions. In Marcus’s absence I have started writing the Strategy piece a little earlier.…
Henry’s Take – Tesla Sales Aren’t Everything
Latest Update 11.07am. Summary of AFR article on MIN and Albemarle. 2.30pm Updates AZS having a stunning day. See below for a nano cap on the same area as the Andover project picking up some steam today. LRS may hold above 40c today. WR1 and WA1 doing well. Been told to him a closer look…
Members Podcast
Members Podcast Friday
Midday Report Friday
MARKET AT MIDDAY The ASX 200 is up 3 points to 7315 (+0.1%) experiencing a hesitant start due to mixed performances across the market. Energy gained as Saudi Arabia extends production cuts. Woodside Energy +1.3%, Karoon Energy (KAR) +3.5%. The market has seen a sell off this week triggered by a US credit rating downgrade and a surge in US Treasury yields, impacting the ASX's performance.…
End Of Day Report Friday
ASX 200 closed up 14 points to 7325 in a late surge. For the week the index dropped 1.1%. Banks held steady despite the ACCC knocking back the ANZ/SUN deal, The Big Bank Basket relatively unchanged at $177.25. MQG was slightly better up 0.8%, but REITs hit hard once again as 10-year yields continued to…
End Of Day Podcast Friday
ASX 200 closed up 14 points to 7325 in a large surge. For the week the index dropped 1.1%.
End Of Day Report Thursday
ASX 200 closed down 43 points to 7312 (-0.6%), sliding for a second straight session, tracking losses on Wall Street overnight. Tech led the laggards today, XRO -2.7%, REA -0.8% SQ2 -1.9%. All-Tech index down 1.0%. Iron ore miners slipped, tracking the softening price in Asia. BHP down 1.2%, RIO off 1.7% and FMG down…