ASX 200 closed up 7 points to 7410 (-0.1%) in a narrow day of trading, boosted by a lower US inflation rate. Resources mixed after China’s manufacturing activity shrank for a fourth month this year. Iron ore miners slightly higher S32 up 0.8%, BHP up 0.5% and RIO up 0.4%. Energy continuing its bull run…
All of last week’s Members Podcasts in one place
These are our Weekly charts covering the Markets and Sectors – they give you a feel for the “Tide” and the undercurrents.
This week’s main event is the RBA Interest rate decision on Tuesday and US jobs data Friday.
These tables show you what happened in the Market last week – it includes ETF performance as well.
Dow Jones up 177 points (+0.50%). Up 283 points at best. S&P 500 up 0.99%. NASDAQ up 1.9%. Dow Jones up 0.66% on the week.
Friday’s big drop saw me add back some long exposure with a 3% weighting in GEAR at 2531c. It did look overdone.
US stocks ended lower overnight, ending near worst levels as strong economic data showed the resilience of the economy.
SUMMARY A look at copper today. Is SFR the answer? LRS going well but today could be a softer day. Resources still under pressure. No Bazooka. No real details. LTR quarterly. Many more. 2.30 PM Updates SDR continues to hold gains. Good for BTI. LRS holding up well but lithium generally suffering. Heading into the…
Members Podcast Friday
