END OF DAY Podcast – Monday

The ASX 200 began the week on a negative note, trading lower all day, down 49 points to 7230 (-0.7%), giving up some of Friday’s gains. SPI Futures were down 41 this morning. ASX Index changes came into effect today. All sectors finished in the red. Tech stocks weighed heaviest on the index tracking the NASDAQ overnight and were further pressured by higher bond yields, XRO down 4.1%, WTC off 2.5% and SQ2 down 1.7%. All-Tech Index down 2.0%. Iron ore giants showed resilience, BHP and RIO finishing up. The strength strecthed beyond iron ore today to S32 up 0.9% and new trade AWC up 1.5%. Gold prices held steady near six-mo

Technical Signals – They’re back!

TECHNICAL SUMMARY US market ETFs still overbought. Uranium stocks flying. Is it short or long term. Life in Magellan. CAR ex-dividend today and overbought. POS – Still missing deadlines. A lot of 52 week lows. Five big stocks that are oversold. They're Back – You asked for it – and as I do it, this…

Pre-Market Report Friday

Wall Street closed higher overnight, ending just off best levels after strong economic revived hopes the Fed will be able to engineer a soft landing even if rates are higher for longer. The Dow rose 332 points (+0.96%), trading higher all day, up 402 points at best. The S&P 500 topped 4,500, up 0.84%. The…

Pre-market Podcast – Friday

Headlines include: Dow finishes up 1% on soft landing hopes. ASX to leap, S&P 500 rallies broadly, China data pending – AFR. Wall Street rallies, dollar surges as data cements Fed pause bets. Wall Street ends higher on economic data; Arm soars in debut. Ebullient markets nervously eye China data dump.

End of Day Report Friday

The ASX 200 finished the week on a positive note, finishing sharply higher up 93 points to 7279 (+1.3%). For the week, the ASX 200 gained 122 points (+1.71%). All sectors finished in the green today. Mining and resource sectors were the top performers, with BHP, RIO and FMG all up over 3%, supported by stronger commodity prices…