Members Podcast Tuesday
This is the Members exclusive podcast with a Cameo appearance today by Archie – a good one for your 20 year old to listen to.
End of Day Report Tuesday
The ASX 200 up 40 points to 7118 (+0.6%) snapping back from a 4-day losing streak ahead of CPI numbers tomorrow. REITS saw the biggest gains today as the NSW premier announced an increase in height restrictions for apartment building in Sydney. GMG up 1.2% and SCG up 4%. Banks gained after their recent drop…
End Of Day Podcast – Tuesday
The ASX 200 up 40 points to 7118 (+0.6%) snapping back from a 4-day losing streak ahead of CPI numbers tomorrow.
Pre-market Report – Monday
The main event this week is Australia’s monthly CPI data out Wednesday. The last reading of 6.8% in April surprised the market, up from 6.3% in March, which was the lowest reading in 10 months, significantly exceeding market expectations of 6.4%, which led to a 25bps rate hike by the RBA in June. May CPI…
Pre-market Podcast – Monday
The main event this week is Australia’s monthly CPI data out Wednesday. The last reading of 6.8% in April surprised the market, up from 6.3%.
HENRYS TAKE – MONDAY
Macquarie has their usual Monday EV and Lithium market update this morning. Pretty much a full house of Outperform recommendations. The only stock in its rare earth and lithium universe that has a neutral is Hastings Technology (HAS). Everything else is an outperform. Interesting if they are all an outperform, is that against the ASX 200 or is that against the lithium sector? The stocks they cover ARE the lithium sector. The definition is that the expected return is greater than 10%.
Midday Report – Monday
ASX 200 is down 20 points to 7079 (-0.3%) as the market continues to fall although it has steadied slightly. Gold miners and oil and gas in focus following Russian issues. TODAY’S STORIES Metcash (MTS) – Announced a 4.7% increase in its fully franked dividend for FY23, declaring 22.5cps. The company's revenue has also grown by…
Members Podcast – Monday
This is the Members Exclusive Podcast every day. Monday is done by Henry. Bit of a flat day today. Down 13 at midday having been down 39.
END OF DAY REPORT – MONDAY
The ASX 200 started the week down 21 points to 7079 (-0.3%), hitting 7,054, its lowest level in three months weighed down by losses in banking and mining stocks. Oil and gas stocks mixed despite strength in the oil price, KAR -0.5% and STX -1.1%, while BPT edged higher, up 0.4%. Iron ore giants BHP,…
Stupid Is Good
Las Vegas houses some of the world's most magnificent hotels. The Wynn, the Encore, the Bellagio, the Venetian, the Palazzo, the Palms, the Trump Hotel, the Aria, the Mandarin Oriental, the Mirage, the MGM Grand and Caesars Palace, to name just a few. And Caesars Palace in particular. It's the most colossal hotel and casino…