END Of DAY Podcast
ASX 200 fell for the fifth day down around 47 points to 7347 (0.6%).
Losses across the board with local jobs data steady at 3.9%
Pre-Market Report
Wall Street ended lower overnight after mixed earnings from Morgan Stanley and Goldman Sachs as well as sell-offs in Boeing and Apple weighed on indices. The Dow fell 232 points (-0.62%), trading in the red all day, down 392 points at worst. S&P 500 lost steam, down 0.37%, and the NASDAQ retreated 0.19%. US Treasury…
Henry’s Take – What to do with the Banks
• Changes to Portfolio.
• Starting the Special Situations
• What to do with the banks?
• What is the Carry Trade
• The Experts talk risks this year
• Meerkats to the rescue.
Pre-market Podcast
Dow falls over 200 points as Boeing weighs. Fed’s Waller talks rate cuts later perhaps. Yields rise. AUD falls on USD strength.
Trading Section
TRADING SUMMARY Not adding any Ideas trades while the market has a wobble. Selling MQG and BHP from the One Stock Portfolios. Utilities sector oversold on a daily basis. Indian ETF one of the few indices starting the year strongly. ASX prints a daily sell signal. Not adding any new trades today. WDS is underwhelming…
Marcus Take Wednesday – Climbing down
The markets are not starting the year well – Bond yields are rising, Equities are peaking. We’re taking some profits.
Members Podcast Wednesday – The Biggest weakness of the stay at home investor
Losing a bit of enthusiasm as we climb down from the peaks.
End of Day Report
ASX 200 falls another 22 points today to 7393 (-0.3%) to a four-week low as banks started to slip. Late rally helping slightly. The Big Bank Basket dropped to $191.54 (-0.4%). CBA led the fall down 0.6%, with WBC off 0.7%. MQG lost 0.6%, though insurers better on higher yields. 10-year yields touched 4.21%. REITs…
END Of DAY Podcast
ASX 200 falls another 22 points today to 7393 (0.3%) to a four-week low as banks start to slip.
Gold miners smashed on EVN news.
END Of DAY Podcast
ASX falls to 4-week low as reality bites. Iron ore and miners under pressure again. Banks show signs of a crack or two.