Members Podcast Friday – Not much to write home about today
Quiet day as we roll into Easter next week – Fat and Happy – will the market ever crack?
Quiet day as we roll into Easter next week – Fat and Happy – will the market ever crack?
SUMMARY New trades off to a positive start despite the opening premium. BGL performed best. LLC has a nasty fall. Closed on the 2x ATR stop loss level, will exit if it opens lower but hold if it opens higher. Update: Opened higher. Will hold for another day. Staying in cash in the One Stock…
Four big things happened last night.
The Art of Arbitrage. Buffett has made a fortune from it.
Fat and Happy at Easter.
Wall Street closed higher, with all three major indices registering record closing highs for the second day in a row. The Dow traded higher all day, finishing up 269 points (+0.68%), supported by gains in the rate-sensitive banking sector, with Goldman Sachs up 4.3%, BofA, Citigroup, and Morgan Stanley all advancing over 2%. The Reddit…
My mobile was lying next to me rumbling away on speaker phone. I have taken to using speaker phone when I call one of our big companies so that I can get on with something useful while it gets around to answering. ‘Please press 1 if you want A, press two if you want B,…
ASX finished the week down 11 points at 7771 (0.2%).
The index rose 1.3% for the week.
USD strength hurts resoeurces.
Market flying along today after the Fed Meeting last night – Jobs numbers have come in higher than expected
US market up on the back of the Fed Meeting – SPI Futures up 47
SUMMARY Bond yields down, tech up, gold up, bitcoin up, lithium stocks higher. Risk goes back on. Time for some trades. Adding SQ2 for some tech and bitcoin exposure (they own ~$340m worth). Adding BGL and NST for gold exposure. BGL more risk but more potential. Adding MIN to play the lithium bounce (plus iron…
Stock updates.
Fed tilts a little. No real surprises.
Lithium looking better. Uranium too.
Copper stocks in focus.
Where do the ideas come from?