Good day yesterday, no follow-through overnight. Retailers bottoming as rate rise fear dissipates.US sees low volumes as long weekend approaches – Holiday Season in the US. I have started breaking out Weekly (for Investors) from Daily signals (for Traders) in the Technical Scans. By popular demand – a spreadsheet with expected dividend dates on it.
Wall Street closes higher overnight, ending near best levels.
This is the Marcus Today Members Exclusive Podcast – A good day today as the CPI number comes in below expectations and the market pops 50 points.
ASX 200 closed up 78 points to 7197 (+1.1%), boosted by cooler-than-expected inflation results.
Wall Street lost ground overnight, ending near worst levels as worries about the impact of further interest rate hikes.
This is the Members exclusive podcast with a Cameo appearance today by Archie – a good one for your 20 year old to listen to.
The ASX 200 up 40 points to 7118 (+0.6%) snapping back from a 4-day losing streak ahead of CPI numbers tomorrow.
The main event this week is Australia’s monthly CPI data out Wednesday. The last reading of 6.8% in April surprised the market, up from 6.3%.
This is the Members Exclusive Podcast every day. Monday is done by Henry. Bit of a flat day today. Down 13 at midday having been down 39.
