Pre-market Podcast
The Dow Jones Industrial Average added 48.44 points
The S&P 500 gained 0.13% – Nasdaq Composite lost 0.32% to close at 15,580.87.Nvidia Results
Trading Section
SUMMARY WTC hits an all time high after jumping 11% on results yesterday. Iron Ore falls again. Staying in cash in both the BHP and MQG OSPs. NASDAQ prints a weekly sell signal. Likely to reverse tomorrow with NVIDIA up after hours. GOR hits a 52-week low as gold is sold off following the delay…
End of Day Report – FMG lifts Interim Dividend 44%
ASX 200 rose 3 points today to 7611 as Nvidia and results were the focus. Super Thursday. Banks eased across the board, insurers mixed SUN up 0.8%. The Big Bank Basket down to $201.82(0.2%). MQG slightly higher, up 0.5%. REITs slipped a little. Healthcare better, CSL up 0.3% and RHC up 0.5%. In the industrials,…
Marcus Take
SUMMARY Nvidia up 7.5% after hours on results at the top of guidance. Glad we still hold FANG, HNDQ and IHVV in the Strategy Portfolio. Busy busy busy. Busiest day of results is today. CSR gets a bid approach at 900c. Don’t hold it. RIO results – why they are irrelevant. Results of stocks we…
Members Podcast Thursday – The busiest day of results is today
43 results today and counting – we cover why the RIO and FMG results don’t matter – and why LICs are “so 1990’s”
End of Day Report – NAB Q1 Cash Profits Beat Estimates
ASX 200 fell 51 points to 7608 (+0.7%) as results the focus. CBA ex-dividend sent the Big Bank Basket down slightly to $202.22 (-1%), knocking some points off the index, too. ANZ recovered 0.8% of the losses yesterday, MQG flat, insurers slid, QBE down 1.8% and SUN off 2.3%. REITs generally down, GMG off 0.1%…
COH Half Year Results
Cochlear’s (COH) results on Monday saw the share price fall 2% before recovering 3.5% yesterday and today to hit a fresh all-time high. Now up 17% since upgrading earnings guidance two weeks ago. We hold it in the growth portfolio. Prices are lofty but when adjusted for new earnings the stock valuation isn’t massively overpriced.…
Henry’s Take – Results mean Opportunity
It is not just about landmines but opportunities.
Adding more HZR, more MAD.
Looking at JDO.
BHP CFO briefing.
On The Call today on Ausbiz.
BHP Half Year Results
BHP after the results yesterday got an unremarkable write-up from brokers. Take out the provisioning and the results were solid enough. Key points: Reported profit down from US$6.6 billion to US$927m thanks to $5.7 billion worth of charges and impairments against Samarco (US$3.2bn) and the nickel business (US$2.5bn). For those not up to date, the…
Trading Section
SUMMARY BHP falls 1.1% on results with more expected today. Glad we’re in cash. MQG down 0.5% yesterday vs the market near flat. Staying in cash. IVV prints a daily sell signal while IHVV prints a weekly sell signal. Froth coming off. PME recovers strongly from the post-results selloff. SHL falls into oversold territory. ANZ…