SUMMARY Gold takes a breather, watching for the top in NST and BGL. No sign of it yet. With the market sell off not following through (yet) the decision to exit JMS and SQ2 looking a bit hasty. Not much damage in SNAS yesterday. Holding. Adding SFR for some copper exposure. Is far from the…
Market kicks again led by resources after an iron ore price bounce yesterday – lots of signposts this week – US CPI, US PPI, FOMC Minutes, US Results and an ECB Meeting
The ASX 200 rises 16 points to 7789 (0.2%) in quiet range bound trade. Solid across the board except oil and gas with WDS easing 1.6% and STO down 1.0% as oil drifts lower on diminished risks. Coal stocks better, Gold miners kicking higher, NST up 2.0% and NEM rocketing up 6.6%. GOR and GMD also…
US markets bounced from Thursday losses after economic enthusiasm eclipsed concerns of the number of rate cuts expected this year. The Dow Jones rose 307 points (+0.80%), the S&P 500 gained 1.11% and the NASDAQ rose 1.24%. US non-farm payrolls rose by 303k jobs in March (vs 200k forecast), the biggest monthly gain in ten…
US Big Picture. Where to for ASX 200?
Gold! Gold! Gold!
APM Bid at 140c subject to conditions.
US Check-Ins.
Uranium back. New podcast may help.
Ask the Analyst podcast available.
SUMMARY Buy the dip prevails again. US markets bounce, SNAS to suffer. Stop loss set at 3 x ATR from recent high at $1.735. Glad we're still in oil and gold. BGL and NST performing well today. KAR lagging. No other changes to trades or One Stock Portfolios.
