Henry’s Take – Powell Talks – Market listens
Powell talks – Market finally listens.
US economy going gangbusters.
RBA meeting today – No change.
ZIP – why I still like it.
Powell talks – Market finally listens.
US economy going gangbusters.
RBA meeting today – No change.
ZIP – why I still like it.
The ASX 200 falls another 44 points to 7582 (-0.6%). Off the lows and relatively unchanged post the RBA decision to keep rates unchanged and a surprising bias to the upside on rates. Growth forecasts were downgraded slightly. Once again banks were steady despite flashing overbought levels, CBA down 1.0%. The Big Bank Basket $198.15…
The ASX 200 closed down 74 points at 7626 (1.0%) as commodity stocks suffered. Most major sectors in the red with big miners and gold miners the worst performers. BHP, FMG and RIO all down around 2.5% as Iron Ore continues its slide. GMG rose 0.7%, rallying from a down open and other REITs dropping as bond yields rise following the US weekend jobs number. Financials saw profit…
Uranium thoughts from Rick Rule
Ask the Analyst podcast
US Check-Ins
February is sometimes not a great month
How expensive is Australian Beer!
Wall St closed higher on Friday night as markets digested positive big tech earnings and employment numbers. The Dow Jones rose 135 points (0.35%) and the S&P 500 up 1.1%. Bond yields saw large gains after January nonfarm payrolls in the US surpassed expectations, posting a headline gain of 353k jobs, well above the anticipated…
Buy any dip
All-time highs
Meta goes Mega
RBA meeting next week
Uranium in focus.