Wall Street ended higher overnight, near best levels in another lower volume trading session leading into CPI results tomorrow. Markets shrugged off a mixed reading on producer inflation (PPI), and Powell signalled that interest rates will be higher for longer. Dow +127 points (+0.32%). Up 185 points at best. Down 60 points at worst. S&P…
The Budget wash-up. Mildly inflationary.
Portfolio review continues.
What to do with BHP?
Great emails on retirement experiences.
Ausbiz The Call today at Noon.
Ten Commandments for any new investor. A distillation of forty years of handling private clients: Don't be a Moron – A lot of you are invested in the Moron Portfolio (BHP, RIO, NAB, CBA, ANZ, WBC, TLS, WES, WOW, MQG, WDS….spotted yourself yet?). The Moron Portfolio is so 1980's. It is out of date. These…
All eyes on the Budget tonight and then the US PPI and CPI numbers tonight and tomorrow.
SUMMARY Not much to report today. Eyes on Budget – unlikely to impact stock market. US CPI on Wednesday – PPI tonight. Not rushing to buy in the Growth Portfolio. Buybacks supporting banks despite ex-dividends and broker scepticism. Education Corner – Ten Commandments for new investors. Working on the ASX 200 tool. MARKET BULLETS SPI…
SUMMARY BPT shines. Up 1.8% while WDS and STO drop. Raising stop loss to $1.59. JLG falls. No change. No change to ORI and ILU. Quiet and waiting for the next market pickup. PLS starting to underperform. Telsa and US lithium stocks up overnight will help. WTC hits a fresh 52-week high. OBSERVATIONS BPT shines.…
Wall St closed near unchanged overnight in an uneventful session as traders await CPI data tomorrow night. PPI toniight.The Dow Jones traded in a narrow range, closing down 81 points or 0.21% (+135 at best and closing near the -111 low). The S&P 500 finished flat and the NASDAQ rose 0.29%. Following strong performances in…
SXE and IRI going well. WBT not so.
Five more stocks in review.
Cats and Quantum Computing.
Where are we spending our money?
Retirement stories.
