Henry’s Take
Another crowded trade to consider.
A commodity that everyone hates.
China stimulates again on the weekend ahead of Golden Week.
US Check-Ins.
Another crowded trade to consider.
A commodity that everyone hates.
China stimulates again on the weekend ahead of Golden Week.
US Check-Ins.
Fresh Record – ASX 200 up 9
Resources Explode
Banks Down
China cuts Repo Rate
Index Flat for the Week
Banks v Resources
It is all about sentiment!
Is that a bazooka in your pocket?
China takes another step.
A look at KAR and PMT.
US markets up
Commodities push higher on Chinese stimulus
Iron ore hots $100
SPI up 19.
ASX 200 kicks 77 to 8203
Chinese stimulus boosts resources.
PTM says no to RPL.
Job Vacancies Fall.
ASX 200 closed up 77 points to 8204 (+1.0%) as resources took off again and banks stabilised. More Chinese stimulus announced. Modest losses in the big four with CBA down 0.4% and WBC off 0.7% with the Big Bank Basket at $235.04 (-0.3%). MQG ran 1.8% higher to a new record, Insurers better too, QBE…
The Dow Jones lost 293 points (-0.70%) and the S&P 500 retreated 0.19% pulling back from recent record highs. The NASDAQ eked out a small 0.04% gain, while small caps underperformed, with Russell 2000 falling 1.19%. Meta unveiled Orion, its first augmented reality glasses prototype and the market responded positively, shares rose 0.9% closing at a record…
After the Bazooka – Smoke Clears? Damage?
Big Bank v Big Resources.
Uranium back in fashion? For now anyway!
ZIP could have a bumper Xmas. Only 90 days away.
Added RED yesterday.
Cry Havoc and Let Slip? Pan fires the bazooka.
Resources looking for a reason to rally.
Plenty of shorts!