US equities took a hit overnight, weighed down by tech stocks and rising treasury yields in the run-up to Powell's Jackson Hole speech. The Dow lost 178 points (-0.43%). Up 136 points a best. Down 306 points at worst. The S&P 500 slid 0.89% after getting so close to its all-time high, and the NASDAQ fell…
Adding a lithium play today hopefully.
Is the Great Rotation kicking off – China v USA.
Antimony – Big wins for LRV.
‘Muttley’Fool Chart
US equities finished higher, supported by dovish Fed minutes and a significant downward revision of US payrolls. Trading volume was light in the US with fewer than 10bn shares changing hands, the slowest trading day in six weeks. The Dow’s gains were muted, up 56 points (+0.14%), weighed down by losses in financial stocks. Up…
ASX 200 rose another 17 points to 8027 (+0.2%) as Super Thursday produced a head-spinning deluge. Again, some good, some bad, and some very ugly. MP1 for one down 21.0%. Once again, we saw resources outperform banks slightly. The 'Three Amigos' were firm, FMG the best, up 2.0% and lithium stocks a smidge firmer, PLS…
ASX 200 fought back from early losses to close up 13 points at 8011. Positive results and outlooks driving buyers. Pretty good considering CBA was ex-dividend today 250c. The Big Bank Basket lost 1.5% to $233.10. MQG unchanged, and insurers and other financials weaker. QBE down 1.6%. REITs mixed, GMG down 3.6% and GPT up…
Wall Street ended its winning streak overnight in an uneventful day of trade, lacking few market-moving catalysts. The S&P 500 lost 0.20%, falling below 5,600, interrupting what would have been the index's longest winning streak in 20 years. In the last eight days the S&P 500 benchmark has added almost 8%, recovering from the panic…
Added PLY yesterday – Lunch Presentation Friday.
Some stocks on radar following results.
US Markets go from Oversold to Overbought.
BHP and Iron Ore.
