ASX 200 powers to a 5-month high of 7378 up 120 points (+1.7%) as the Fed delivers in time for a very happy Xmas. A leap this morning on the open following the dot plots and the Q&A session. Bond yields tumbled with the Australian 10-year yield back to 4.12%. Financials, REITs rallied hard, the…
Another look at Chemist Warehouse Group (CWG) and the Sigma (SIG) deal.
Dogs of the Dow theory.
How have Livewire readers tips gone in
US equities closed mostly higher overnight, finishing near best levels after inflation data did little to alter views for the timing of a rate cut by the Fed next year. The Dow Jones advanced 173 points (+0.48%). Dow up 191 points at best. Dow down 32 points at worst. The S&P 500 hit a fresh…
A lot of stocks overbought but few sell signals indicate a bullish trend to the market currently.
The CBA overbought on a daily basis.
REA hits a 52-week high.
Crypto ETF’s with a daily sell signal.
DTL hits a 52-week high.
US equities closed mostly higher overnight, finishing near best levels after inflation data did little to alter views for the timing of a rate cut by the Fed next year. The Dow Jones advanced 173 points (+0.48%).
Looking more and more like a bull market.
US CPI didn’t disturb.
Glass half full going into FOMC tonight.
EU and US markets on 52-week highs. Meanwhile in Aus..
Thought of rebuying LNAS in the I
ASX 200 rose another 23 points to 7258 (+0.3%) in another solid day. Once again, banks led us higher, with the Big Bank Basket up to $185.04 (+0.8%). WBC leading the charge. MQG had a good day up 1.5%, but insurers slid, with IAG down 3.2% and SUN off 1.0%. REITs were mixed, GMG bouncing…
ASX 200 pushed on to a three-month high on a low volume day. Up 36 points to 7235 (+0.5%). Banks up, with CBA up 0.4% and ANZ rallying 0.8%, with the Big Bank Basket up to $183.67 (+0.5%). MQG up 0.4%, with insurers slightly weaker, QBE down 0.2%. REITs firmed, GMG up 0.7% and VCX…
