Dividend Stripping – No Gimme

A Guide to getting the most out of Dividends – Every six months, the results season comes around. Every results season, you have the opportunity to maximise those relatively huge Australian dividend payouts, and every results season, some financial planners and advisers sell the concept of dividend stripping to clients as if it is a…

Marcus Take

SUMMARY Not much going on – Golf anyone? Eyes on the US Jobs numbers on Friday. The NASDAQ continues to outperform the ASX. NDIA – Indian election volatility. Education Corner – Dividend Stripping – the facts. STRATEGY PORTFOLIO Nothing to do here. Until Big Tech tips over we can leave this portfolio alone. This is…

Trading Section

SUMMARY SFR close to resuming full 3EMA uptrend after copper stocks have a small dip. BOE around 3% away from hitting recent support at the $4.40 level. The CBA closes on a 52-week high. YAL prints a daily RSI sell signal. KAR hits a 52-week low. Down 20% since our last trade in it. BPT down 3%…

Pre-market Report

US equities finished in the green overnight, following softer-than-expected labour market data reaffirming bets for a rate cut this year. The Dow rose 140 points (+0.36%), up 216 points at best and down 173 points at worst. The S&P 500 edged up 0.15%, and the NASDAQ gained 0.17% as big tech finished higher. April's JOLTS…

End of Day Report

ASX 200 rallies 32 points to 7769 (+0.4%) as rate-sensitive and defensives seize the day. Banks pushing onwards and upwards, CBA up 0.8% with the Big Bank Basket up to $213.81 (+0.7%). Insurers rallied for no real reason, QBE up 0.4% and SUN up 1.6%. GQG on the nose following Modi failing to win a…