Henry’s Take – Takedown Tuesday?
ZIP delivers with more to come.
LTR – Where to now?
Portfolio Changes – Chopping TLG.
Takedown Tuesday – WES in focus. More than Bunnings?
Trading Section
SUMMARY MQG underperformed the market yesterday, hitting support before settling lower. BHP prints a buy signal as expected, also underperformed the market yesterday. Not getting back in yet. NASDAQ hits a 52-week high, overbought on both a daily and weekly basis. Uranium loses momentum. Financial sector hits a 52-week high along with the CBA and…
Pre-market Podcast
Dow 138 closed higher, marking another record-breaking session.
The S&P 500 added 0.22%, also recording a fresh all-time high.
ASX SPI Futures down 1 point.
Marcus Take Tuesday – Climbing the Wall of No Worries
Wall St holds its gains but we did our dash yesterday. Resources dragging their heels whilst Banks hit highs. Politics beginning to swamp the headlines. US Results season to fill or kill the Big Tech rally. US Inflation number this week.
Members Podcast Tuesday – Share Purchase Plans and how insulting they are
Today we look at Share Purchase Plans and how insulting they are
End of Day Report – Judo Bank Jumps on Profit Reports
ASX 200 rises another 38 points to 7515 (+0.5%) as banks and iron ore miners lead the market higher. The Big Bank Basket continued higher, $197.85 (+0.75%). MQG doing well on the market rally, up 1.6%. Insurers firm as QBE rises 0.6% and IAG up 1.5%. REITS steady, not going too far. Industrials firm, staples…
END Of DAY Podcast
ASX 200 rises another 38 points to 7515 (0.5%) as banks and iron ore miners rise.
China stimulus hopes help BHP.
BoJ keeps rates unchanged.
Pre-market Podcast
US records continue to fall.
ASX SPI Futures up 26.
LYC Production reports.
ZIP quarterly.
Twiggy shuts nickel operations.
Members Podcast
ASX 200 kicks on US highs.
Lithium stocks smashed on LTR update.
Banks and REITs lead the charge.
End of Day Report
The ASX 200 has started the week strongly, up 55 points to 7477 (0.8%) on the US market rally and tech enthusiasm. Banks leading the charge with CBA up 1.3% and NAB up 1.1% with the Big Bank Basket up 1.3%. REITs too in demand as yields fall, AU10Y down 5bp. GMG leading with a 1.3% gain. Industrials…