END Of DAY Report

ASX 200 closed flat, up 2 points to 7311 (+-%), losing early morning gains, with mining and financials balancing the market. Iron ore giants were mixed FMG up 0.4%, BHP down 0.6%, and RIO off 0.4%. Goldman predicts a fall in iron ore prices this year. Iron ore futures in Singapore have fallen 11.6% from…

Pre-Market Report Monday

US markets concluded the week with losses all round as the latest batch of corporate earnings reports and new job statistics dampened market sentiment. The Dow Jones declined by 150 points (-0.43%). At its best, the Dow was up by 291 points, while at its worst, it was down 182. The S&P 500 and the…

Strategy By Henry

SUMMARY Last update 11.00am – CBA preview below. No positions as results season begins in earnest. US jobs data remains confusing. Diggers and Dealers starts this week. Everyone who is anyone there. Results week 1. CBA in focus this week. STRATEGY Whilst it is refreshingly liberating to not hold any positions in the STRATEGY ETF…

Midday Report Monday

MARKET AT MIDDAY  The ASX 200 drifted down 20 points to 7305 (-0.3%) in a lacklustre start to the week following Wall Street’s Friday sell-off. Early weakness in the healthcare sector, didn't help particularly in Resmed (RMD) -4.3% following recent Q4 results. Technology stocks also getting hit, Block Inc (SQ2) -10.8%, Xero (XRO) -1%. Financials dropping lower after the Reserve Bank of Australia's policy settings…

End Of Day Report Monday

ASX 200 drifted 16 points lower to 7309 (-0.2%) as iron ore miners and banks wallowed. WBC and ANZ, the worst performers ahead of CBA numbers Wednesday. The Big Bank Basket down to $176.94 (-0.2%). Insurers slid with QBE off 1.8% and SUN dropping 2.6%. MQG slightly firmer up 0.4% and GQG up 4.5% on…