SUMMARY Risk on sentiment returns, the see-saw market continues. PLS benefitting today. BPT clings on yesterday and up 1.6% today. Oil flat overnight. Talk of OPEC extending production cuts if demand fails to pick up. ILU does well yesterday. No change. Up 2.4% today. Bond yields rise but gold drops. Looking for the next trade…
What to do with BLD?
Strategy – It’s the earnings stupid!
Lunch Ideas. BB1, CYP and IMU
4DS – Ai
The Big Data Centre winner?
NAB results reaction – Woolworths opinions – Tech stocks lifting as we go risk on again.
We survive again. Apple up 6.1% on results. Holding on still. Volatile stuff. Macquarie – Profit down 32%. “Cautious”, “Conservative” – Hmm. Fed’s dovish “No rate rise” news seen as better than “No rate cuts yet”. Jobs numbers tonight. Diary for next week. RBA Tuesday. Education Corner – 10 Farrell Rules. 10 Marcus Rules.
After looking into Boss Energy (BOE) on Wednesday we are seeing what NexGen Energy (NXG) has to offer. NXG is a Canadian company listed on the Toronto Stock Exchange (TSE), NYSE and a depository receipt in Australia (1:1 ratio). It is the smallest of the three major uranium stocks on the ASX with a market…
ASX 200 kicks another 42 points higher to 7629 (+0.7%) to finish the week up around 0.7%. Banks were better again post NAB with the Big Bank Basket up to $204.53 (+0.5%). MQG disappointed again. Three in a row, starting to become a habit. Down 2.2%. Insurers mixed, GQG better on div announcement, REITs up…
Fed Predictable – Dovish if anything. Still got our finger on the trigger but haven’t pulled it yet. NAB Results look OK – share buyback increased. Dividend flat. US market popped and dropped. Bit weird. Apple tonight, Macquarie tomorrow. RBA Tuesday. What’s next after Big Tech results. Into the void. Education Corner – Corrections are Great! And what to do about them.
It’s the Data stupid! No rate change for a while!
Sold all the AZS.
Uranium on a charge-DYL in focus.
BHP plays the long game.
At the end of the day, corrections are great for investors. Corrections create the market’s most fabulous opportunities and you should look forward to the next great correction, not fear it.
