Midday Report Wednesday

Reports Section

MARKET AT MIDDAY The ASX 200 is up 4 points to 7315 (0.1%) as anticipation for China's upcoming inflation data lingers. US stock futures exhibited little change after a previous session where the main indices closed lower due to credit rating downgrades on several US banks, causing investor confidence to waver. Commonwealth Bank (CBA) spearheaded a rise in the financial sector…

End Of Day Report Wednesday

Podcast Section

ASX 200 closed up 27 points to 7338 (+0.4%) after a day of fluctuating around the flat line. Aussie banks unscathed from souring bank sentiment following Moody’s downgrades of US banks last night, after the CBA profit machine posted stellar results, up 2.6%. Banks rallied in unison, NAB +2.2%, WBC +1.7%, and ANZ +0.8%. Big…

Strategy By Henry – Risk On

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SUMMARY Last updated 10.04am US markets kick higher on earnings. Results here in Focus. JHX looks ok at first glance. Better than OK. The stock up 13%. Not sure I would be chasing it! CBA preview and healthcare sector preview The art of selling. Quick takes with Retailers the focus. Risk On Risk Off. A…

Henry’s Take – Biotechs in focus

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SUMMARY Last updated 10.40am – DEG and LSF news – Short Sellers. Members helping members. Harry Kane slots home or is it Caitlin? Ausbiz tomorrow. Latin Resources CEO On the Couch today. SMALL CAP PORTFOLIO Just finished a podcast with Chris Gale from Latin Resources (LRS). Should have it edited in the next day or…

Midday Report Tuesday

Reports Section

MARKET AT MIDDAY The ASX 200 is up 10 points to 7319 (+0.1%), rebounding from the previous day's losses but off highs, following a positive trend on Wall Street. Mining and technology stocks helping the recovery, with the materials sector surging 0.9%, led by Fortescue Metals (FMG) up 1.1%. Consumer confidence continues to drop despite the Reserve Bank's cash rate pause. James Hardie Industries (JHX)…