US equities ended mixed while bonds resumed their rally following fresh economic data reinforced bets the Fed will cut rates in Q1 of next year. The Dow Jones fell 80 points (-0.22%). Dow down 194 points at worst. S&P 500 ended marginally in the red, down 0.06%, and the NASDAQ gained 0.31%. Treasuries fell after…
EuroStoxx Overbought on a daily basis.
Hang Seng Index (Hong Kong) hits a 52-week low.
PLS hits a 52-week low.
Lithium still depressed
The Great Debate
Nice Xmas present in MGFO
BIS and the rise of BNPL.
Ask the Analyst Friday 15th
We have closed our US trades and sold a couple more stocks today in the Ideas Portfolio.
A better day as the RBA’s Dovishness washes over our financials
MARKET WRAP ASX 200 romped ahead by 117 points to 7178 (+1.7%). All is forgiven after the losses of yesterday, even lithium staged a significant comeback. This despite falls in international lithium stocks. AKE up 3.0%, PLS up 5.6% with some large blocks traded, MIN rose 4.2% with iron ore miners not even stirred by…
ASX 200 fell 63 points to close at 7062 (-0.9%) on weaker international leads and falling commodity prices. RBA left rates unchanged, but limited ASX reaction. Resources hit hard with iron ore miners under pressure, BHP down 1.3% and FMG off 0.9%, Lithium stocks remain seriously depressed with IGO falling 6.7%, PLS down 8.5% and…
Gold hits all-time high backs off.
Looking at adding DYL.
Lithium sell-off continues but not enough towel-throwing yet.
Two contrarian picks for 2024.
