Henry’s Take – Gold Rush – Lithium Bust
Sold some GMD yesterday on the gold rush.
Lithium in focus.
Cettire – Good article in AFR.
On the Couch preview with UCP Tech analyst.
Sold some GMD yesterday on the gold rush.
Lithium in focus.
Cettire – Good article in AFR.
On the Couch preview with UCP Tech analyst.
ASX 200 closes up 9 at 7734 (0.1%), turning positive as GDP number disappoints and hopes for a rate cut brought forward.
Banks in favour.
Following a member request and it printing a daily buy signal on Monday we are taking a look at Corporate Travel Management (CTD). The company reported two weeks ago and got whacked 20%. Earnings rose by 96%, profit rose by 162% and the dividend rose by 183% to 17c (unfranked). Solid numbers driven by client/market…
SUMMARY MQG and BHP fall yesterday. Staying in Cash. BOE bounces after a Friday sell-off. LLC yet to come to life. Real Estate sector hits an all time high as bond yields drop. CBA pushes onwards and upwards. Hits another record high. Gold hits an all time high. ETFs on 52-week highs. SUMMARY MQG and…
Gold and Bitcoin.
Lithium smacked as Tesla falls.
Happy to have sold half my PMT.
Bought in early in DRO.
RMD discounting new machine.
ASX fell 12 points at 7724 (0.2%). Some weakness in a few sectors weighed.
Lithium stocks smashed. Gold flies higher.
Wall Street finished in the red, dipping in the final hour of trade following a rally that pushed the S&P 500 to its 15th record of 2024. The Dow traded lower all day, falling 98 points (-0.95%). Down 174 points at worst. The NASDAQ fell 0.41%, and small-caps Russell 2000 slipped 0.10%. The S&P 500…
Coles Group Results (COL) last Tuesday – Held in the Income Portfolio. Sales up 7%, earnings down 5% and profit down 3.6%. The stock is up 4.3% since reporting, having been as high as +8% yesterday. Dividend unchanged at 36c, fully franked. Financing costs rose 14% due to higher interest rates on lease liabilities and…
Macquarie Technology Group (MAQ) Results – Held in the Growth Portfolio. Rose 9% after reporting after the bell last Thursday and is now +12% since. Highlights include 18 consecutive HY earnings growth. Up 5% in this period attributed to strong growth in cloud and cyber megatrends. Net profit up 74%, beating expectations due primarily to…