Managing your own SMSF? Find out how in the newsletter today – we also have a look as the best ETFs – and off we go to Easter at a record high – let’s worry about the correction next week.
I have provided a spreadsheet today showing you what I consider to be the “Best” ETFs available in Australia.
SUMMARY Bulls refuse to lie down. MQG prints a (tiny) weekly sell signal along with WTC and CAR. Cash in the MQG one stock portfolio. Adding KAR for a trade. Recent breakout above $2.09. Iron ore down. No change to BHP/FMG one stock portfolio. Bond yields down. Gold up. BGL and NST set to benefit.…
We’ll hit a new record high in Australia today – lets worry about the Flash Crash next week – have a good holiday – Back Tuesday
Wall Street ended higher, rallying in the final stretch of the quarter, with the Dow leading gains and the S&P 500 closing at a fresh record high. The Dow closed near session highs, up 487 points (+1.22%), sitting ~1% away from breaking the 40k level for the first time. Gains in Merck & Co. (+4.96%)…
ASX 200 finds the Easter Bunny. Up a huge 77 points at 7897 (+1.0%) hitting a record high. Seems appropriate. The end of the quarter and end of the month helped stimulate optimism. Banks took a breather with the Big Bank Basket up slightly to $210.48 (0.3%). MQG rose 0.9% with insurers mixed, REITs…
Washington H. Soul Pattinson (SOL) released results last Thursday, initially met with a neutral response before falling 2% on Monday then another 2% Tuesday. SOL is investment manager which specialises in taking large stakes in existing companies similar to the WES business model. This differs to listed fund managers (like MFG or NWL) which derive…
???? ASX 200 kicks another 39 points higher to 7820 (+0.5%), on better-than-expected CPI number. 3.4% slightly ahead of consensus. Good news and bad. Banks as usual the winners, with the Big Bank Basket up to $209.95 (+0.8%). Insurers jumped after the CPI showed price hikes still above and beyond inflation. QBE up 1.2% and SUN…
The CPI number this morning behaved itself and we gently roll into the end of the week in a good mood
