End of Day Report
The ASX 200 falls 28 points to 6949 (0.4%) in a quiet start to a big week. ANZ results dominated with a small sell-off after missing some targets and dividend franking levels. The Big Bank Basket dropped to
The ASX 200 falls 28 points to 6949 (0.4%) in a quiet start to a big week. ANZ results dominated with a small sell-off after missing some targets and dividend franking levels. The Big Bank Basket dropped to
Wall Street finished in negative territory overnight, snapping an eight-day winning streak after Treasury yields jumped. The Dow finished down 220 near worst levels (-0.65%).
TECHNICAL SUMMARY
NASDAQ hovering at the top of its medium-term downtrend.
WDSÂ oversold on a daily basis after oil’s sell-off.
Nickel hits at 52-week low.
SUMMARY
Alert but not yet alarmed.
Powell turns hawkish.
Bonds fall as US Auction disappoints.
No need to change strategy just yet. A pause to reflect or a peak?
SMALL CAP PORTFOLIO 2.50pm Update NEU continuing to fire. May have missed it slightly in DYL as i was hoping to get set around 100-110c. Maybe next week. IVZ looking a little better. Lithium not so. looks like some punters taking profits off the table in IMU after a good week. No changes to the…
ASX 200 finishes the week down 38 points to 6977 (-0.6%). Quiet trade ahead of the weekend. Broad-based losses across most sectors, except iron ore and gold. Banks eased back with yields pushing higher, CBA down 0.8%, and NAB suffering from some downgrades falling 1.7%. The Big Bank Basket slipped to $176.11 (-1.1%). MQG eased…