SUMMARY SNAS set for its first down day in a week. Selling today. Last night’s bounce indicates enthusiasm for big tech remains. WBC prints both a daily and weekly sell signal. Doesn’t look like a significant top just yet. CSL prints both a daily and weekly sell signal. On a daily chart there is no…
ASX 200 rises 39 points to 7671 (+0.5%). Banks and industrials lead the market back from Monday’s loss. CBA up 1.1%, NAB up 1.2% and the Big Bank Basket up to $228.53 (+1.1%) Insurers and other financials also doing well. QBE up 0.5%, and SOL up 0.9%. REITS a little mixed, GMG down 1.0% but…
Good news from ARU this morning.
Plenty of quarterlies in small caps.
DRO sees downgrades after another horror day yesterday.
Hello Volatility, my old friend!
ASX 200 rallies off lows to close down only 40 points at 7932 (0.6%). Broad based losses following US weakness Friday. Banks saw sellers emerge with the Big Bank Basket down to $226.16 (-0.3%). ANZ and NAB the worst hit, MQG lost 0.5% and QBE off 1.1% with financial generally weaker. REITs slipped slightly as…
SUMMARY
Biden pulls pin. Next?
Big week in US with tech giants Tesla and Google reporting.
US Fear and Greed Index in Neutral.
Cashed up.
Plenty of cash and no hurry to deploy.
Gold falls hard.
Three gold miners to consider on a pullback.
DRO results out this morning.
