The ASX 200 fell today 34 points to 7504 (-0.5%). A better performance than SPI suggested as US futures rallied a little. Volume and news were a little light on as we approach the Xmas break. Banks eased back slig
Wall Street finished higher overnight near its best levels, extending the rally while shrugging off warnings from Fed officials trying to rein in rate cut expectations. The Dow nabbed another all-time closing high, up 252 points (+0.68%). Dow up 257 at best. The S&P 500 rose 0.59% and is now within one percentage point of…
Even Santa reads Marcus Today.
Stay long and sing a carol. 7600? Could be doable this year.
AZS-a blueprint for a deal for LTR?
86 stocks overbought in the All Ords yesterday, 96 today.
The ASX200 is 1.9% from the top of its multi-year trading range.
GQG hits a 52-week high.
BHP is 1.2% from its all-time high.
AWC with a daily sell signal.
A lesson on keeping your head when all about you is overbought. What are the Market Drivers – The New Year deadline is one. The best income stock in the World – why the brokers always get the CBA wrong. ANZ AGM tomorrow. Inflation numbers in the US on Friday.
Closing in on all-time highs – markets overbought – when do you sell?
MARKET WRAP ASX 200 up another 49 points to 7538 (+0.7%). Another day, another push towards 7600. Slipped a little at the close. Across the board gains with banks in demand again, ANZ up 0.7% and WBC up 1.0%. The Big Bank Basket trading at $190.21 (+0.5%). MQG kicked 0.9% higher, with GQG doing very…
