Technical Scans – VIX Hits 52-Week Low
ASX200 VIX index falls to a 52-week low.
CSL and RMD on the mend. CSL forming a solid uptrend. RMD bottoming nicely.
EVN hits a 52-week high.
ASX200 VIX index falls to a 52-week low.
CSL and RMD on the mend. CSL forming a solid uptrend. RMD bottoming nicely.
EVN hits a 52-week high.
ASX 200 fought from early big falls to close down only 14 points to 7073 (0.2%).
ASX 200 fought from early big falls to close down only 14 points to 7073 (-0.2%). Banks flat, the Big Bank Basket at $178.32 (-0.3%). MQG slid 0.8%, with other financials pulling back slightly. Insurers held in, with SUN up 0.2% and MPL up 2.0%. REITs mixed, GMG up 1.3% and VCX down 2.1%. Healthcare flat,…
November is done – good month – Value versus Growth – Experts versus Lemmings
TECHNICAL SUMMARY
S&P 500 overbought on a daily basis.
COH overbought as healthcare kicks back into life.
KAR oversold on a daily basis.
SQ2 overbought after a stunning run.
OECD saying Australian rates have peaked.
Oil up overnight but OPEC meeting could go either way.
Resources need a catalyst to bounce. Chinese PMI data out today could start it.
US Inflation tomorrow.
SMALL CAP PORTFOLIO SUMMARY Gold continues to head higher. Is everyone bullish? Happy holder of GMD and DEG. For now. Investment Committee meeting at Ausbiz. Yesterday's The Call with Kochie. My Advent Calendar stock pick for 2024. Nailed it with JHX last year. Highly controversial one this year. AM Announcements ORG has rejected Plan B.…