Members Podcast Thursday
Adding FMG, MIN and CIA as a trade today. Hoping to catch a rally in resources. Short term. Not enough evidence here to buy BHP in the one-stock portfolio. They have gone in on the opening prices today.
Adding FMG, MIN and CIA as a trade today. Hoping to catch a rally in resources. Short term. Not enough evidence here to buy BHP in the one-stock portfolio. They have gone in on the opening prices today.
ASX 200 rose 34 points to 7191 (0.5%). A solid grind higher with banks in demand.
ASX 200 rose 34 points to 7191 (0.5%). A solid grind higher with banks in demand.
Wall Street ended mostly lower overnight, ending just off worst levels. Dow down 175 points (-0.51%). Dow at best up 50 points. Dow at worst down 207 points. S&P 500 extended its August slide down 0.28%, weighed down by banks as S&P Global Ratings joined Moody’s in cutting some US lenders’ ratings amid a “tough”…
MARCUS TAKE SUMMARY Waiting for Nvidia results tomorrow morning after US market close. Good results will be OK, OK results will be bad and bad results will be disastrous. There’s nothing suggesting the NASDAQ is a buy – can Nvidia change that? Jackson Hole still in focus. Might be an anti-climax. Risk of Hawkishness. Chinese…
Wall Street ended mostly lower overnight, ending just off worst levels. Dow down 175 points (-0.51%).
ASX 200 rose 27 points to 7148 (0.4%), bouncing off the important 7100 level.
ASX 200 rose 6 points to 7122 (0.1%) as results continue to dominate. ‘Do not disappoint’ is the mantra.