This education section wouldn't be complete without an article on Shorting. It's been around a while. Here it is. Each week ASIC publishes a list of stocks that have been “Sold short”. In basic terms it means stocks that have been sold by people who don’t own them. It is not that easy to genuinely…
SUMMARY AD8 gets caught up in the tech sell-off yesterday. Closes below its stop loss. Holding for now with support in sight. No change to EOS. Up 11.4%. WDS rises, oil up strongly overnight. WDS is poised for a breakout. We are well positioned to benefit. TWE underperforms despite more positive China headlines and economic…
RBA Minutes don’t disturb – a bit dead in the water today waiting for Poweell tonight and jobs numbers on Friday
Each week ASIC publishes a list of stocks that have been “Sold short”. In basic terms it means stocks that have been sold by people who don’t own them.
Beginning to get over Big Tech doubts. The Nvidia sell-off hasn’t caused a cascade after all. Tesla gets going again. Deliver numbers tonight. Robots coming. Investment banks flying. Have missed this rally in MQG. Liontown raising money. Lithium struggles continue. French election concerns fading as Republican Front tries to head off NR. RBA Minutes – see if they dispel or raise rate rise concerns.
Wall Street kicked off the second half of the year on a positive note, with equities mostly higher in light pre-holiday trading. The Dow gained 51 points (+0.13%). Up 320 points at best. Down 81 points at worst. Big Tech drove the bulk of the gains in the S&P 500 +0.27% and the NASDAQ +0.83%, with megacaps Tesla and Apple leading the way up 6.1% and 2.9%, respectively. Chip stocks came under some selling pressure, with AMD down 2.79% and Arm Holdings losing 2.93%, pulling the Philadelphia SE
Wall Street kicked off the second half of the year on a positive note, with equities mostly higher in light trading. The Dow gained 51 points (+0.13%). Up 320 points at best. Down 81 points at worst. Big Tech drove the bulk of the gains in the S&P 500 +0.27% and the NASDAQ +0.83%, with…
SUMMARY Portfolio reset and ready FY25. Sitting on 70.5% cash ready for Henry to deploy on return. WTI hits two-month high. KAR will benefit. More geared to the oil price compared to WDS. Keeping tabs on Uranium. DYL advances funding arrangements. LTR trading halt pending funding announcement. Glad we sold that one. Rare earths seeing…
The ASX 200 has finished down 33 points (-0.42%) to 7718, RBA meeting minutes passing quietly through the market while revealing a possible August rate hike. Energy was the only sector with significant gains as oil and coal stocks tracked their respective commodities higher. WDS up 3.1%, gaining strength throughout the session. KAR missing out,…
