SUMMARY No change to LNAS as we wait for a US lead tonight. TLS prints a daily and weekly RSI buy signal after its drop last week. Good time for income investors to buy or top up. ORI pushing higher. No change. Is maintaining a high average RSI indicating every dip is bought. Oil rises…
Wall St recovered from a Thursday sell-off to close higher on Friday night. The Dow Jones finished flat while the S&P 500 and NASDAQ gained 0.7% and 1.1%. The utilities and technology led rally came after economic data indicated a strong US economy with falling inflation expectations. Core capital goods orders, seen as a proxy…
SUMMARY Cleared out PLS, ILU and BPT on Friday morning. None recovered from their opening lows. LNAS should be looking good today. Glad we didn’t get spooked out of that one. Will see which direction the market takes this week before adding anything new. No change to ORI. Materials performed well in the US on…
Bought GEAR on Friday.
The FOMO Meter flashes a warning.
The usual US Check-Ins.
What should Michele learn from the ‘Real World?’
The ASX 200 rose 61 points to 7788 (0.8%). Solid bounce off 7700 support on low volume and volatility. Banks led the market rally, the Big Bank Basket up to $209.51 (+1%) with ANZ the winner up 1.1%. MQG rose 0.7% with ASX up 1.7%. Insurers lightly better, SUN up 0.6%. REITs did better as GMG rallied 2.3% with SCG up 1.3%. Industrials were too back in demand, TLS up 2.3% as defensives were bid up. WOW up 1.2%,…
