No changes to trades today. Gold down slightly in the US but bond yields dropping will help. Lithium and Iron Ore's bounce short lived. No major damage to MIN yet. Edged out some more gain in LLC on Friday but monitoring closely. JMS looking good for now. Alert as it is a stock that could…
THE WEEK THAT WAS Big week for central banks. Turkey raised its rates by 5%. Taiwan raised its rates. The Swiss National Bank cut its rates, RBA talked vaguely of higher rates, yes higher, but only vaguely. It did nothing and won’t for a while (excellent article by Christopher Joye in the AFR), The Fed…
Not much to report overnight. Good week last week with a bit of a fade on Friday. Everything still feels toppy (lots of things overbought) but we are led by Big Tech in the US and it has not cracked yet, if it ever does (it will). "Normal is Great" at the moment. We think…
All of this weeks members podcasts in one place.
My mobile was lying next to me rumbling away on speaker phone. I have taken to using speaker phone when I call one of our big companies so that I can get on with something useful while it gets around to answering. ‘Please press 1 if you want A, press two if you want B,…
Futures down but everything else up. Three options for looking after your own Super. Jobs numbers dent rate cut hopes. Coming up next week – CPI numbers, Easter and CBA pays its dividend. A look at Webjet (WEB – we hold) pops on Strategy Day. Stock market flying and we don’t hold Macquarie (MQG).
SUMMARY New trades off to a positive start despite the opening premium. BGL performed best. LLC has a nasty fall. Closed on the 2x ATR stop loss level, will exit if it opens lower but hold if it opens higher. Update: Opened higher. Will hold for another day. Staying in cash in the One Stock…
Four big things happened last night.
The Art of Arbitrage. Buffett has made a fortune from it.
Fat and Happy at Easter.
