US equities kicked off the week on a positive note, continuing its seven-week bull run. The Dow closed flat, up one point. Up 88 points at best. Down 20 points at worst. The S&P 500 gained 0.45% as more than $40bn of mergers and acquisitions hit the market, following months of disappointing volumes. The NASDAQ Composite is up +0.61%, and the NASDAQ…
SMALL CAP PORTFOLIO 3.00 Update Market keeps pushing higher. Happy days. LTR bouncing on AZS deal. Could it be a template for another bid from Albemarle? Another great day in NEU. AKE deal to get up. Speculative Stock of the Day: MTM Critical Metals (MTM) +100.00% Good volume on announcement of buying West Arunta Niobium…
ASX200 overbought on a daily basis. Most overbought in three years.
Real Estate with a daily sell signal after a sharp rise.
5 sectors overbought on a daily basis.
Punching the Air – That means something has to go wrong – but it hasn’t yet
No changes to the portfolios today which are all performing well – Punching the Air – which means one thing….
MARKET WRAP The ASX 200 finished the day up 63 points to 7489 (+0.8%) in another strong across the board rally. RBA minutes helped, BoJ staying pat helped, and takeovers helped. Solid gains across the board. The Banks continue to march higher, CBA up 0.6% and WBC up 0.8%. The Big Bank Basket up to $189.23 (+0.5%). MQG…
