Technical Scans – ASX200 in Uptrend
ASX200 working its way up the trading range.
Energy Sector with a daily buy signal. Oil down again overnight.
Consumer Staples prints a weekly buy signal.
CSL overbought on a daily basis.
Marcus Take – Having a punt
SPI Futures down 34 – Having a punt in Lithium
Podcast With John Abernethy
Economist, and value investor John Abernethy with his views on everything Australian
Members Podcast Thursday – Having a punt in Lithium
The market sobering up today – we’re calling the bottom on Lithium stock sentiment in the short term – traders only
End of Day Report Thursday
ASX 200 fell 5 points to 7173 (-0.1%) in a day of consolidation closing near highs for the day. Plenty of corporate news around, from Chemist Warehouse's reverse takeover to MFG FUM and MGF deal. Plus, we saw a bid for PPT up 6.7%. Banks eased back very slightly, with NAB down 0.4% and MQG…
Marcus Take
We have closed our US trades and sold a couple more stocks today in the Ideas Portfolio.
Members Podcast Wednesday – A better day
A better day as the RBA’s Dovishness washes over our financials
End of Day Report Wednesday
MARKET WRAP ASX 200 romped ahead by 117 points to 7178 (+1.7%). All is forgiven after the losses of yesterday, even lithium staged a significant comeback. This despite falls in international lithium stocks. AKE up 3.0%, PLS up 5.6% with some large blocks traded, MIN rose 4.2% with iron ore miners not even stirred by…