SUMMARY SNAS keeps rising. Gains subdued by an unexpected bounce in the ASX. No reason to change NST or BGL. BGL taking some hits. KAR tapered off on Friday afternoon, down again today and glad we got out. BPT down a touch. No change to SFR or One Stock Portfolios (happy to be in cash there).
ASX 200 rallies 82 points to close at 7649 (1.1%) a long way from the high of the day at 7679. Euphoria gave way to some pre-tech result nerves.Late 20 points charge helped though. No news over the weekend on Israel or Iran helped early sentiment with broad-based gains across the board. Iron ore stocks…
THE WEEK THAT WAS Well, that was brutal! It could have been worse, but still down 2.8% for the week. As Edwin Starr sang, ‘War, what is it good for? Absolutely nothing. Say it again.’ The market was already skittish enough as Fed head after Fed head rammed the message home. I don’t need to…
When our market closed yesterday, the Israeli strike on Isfahan had the market fearing a three-sided War in the Middle East (Israel, Iran, Syria) that would drag in the US. The Dow Futures were down 440. Geopolitical risk has taken a step back this morning. Iran claims the Israeli attack on Isfahan was conducted by…
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ASX 200 drops 75 points to 7568 (-1.0%). Anyone would think there was a war on. Down 2.8% for the week, News filtered through during the morning of an Israeli strike in Iran, US futures plummeted, gold shot higher to $2415 at one stage and oil was catapulted above $90 again. Down around 150pts at…
An Israeli retaliation has markets on the back foot with US Futures dropping
