SUMMARY Apathy on the ASX. Still no stimulus really. Where will the rally come from as we head into reporting season? Is that a bear or a US analyst dressed up? Yesterday looked more like Apathy on the ASX. A day of disappointment after a promising start. A fizzer and possibly significant, given the big…
SUMMARY Friday was overdone. Shake it off. Adding GEAR to the Strategy Portfolio at open. Caution required with China and RBA in focus. FMG is a buy. Quick Takes: Saudi and Qatar expanding investment into miners. Feeling slightly naked after the US rally on Friday. That can be remedied though. The ASX 200 will be…
Dow Jones up 177 points (+0.50%). Up 283 points at best. S&P 500 up 0.99%. NASDAQ up 1.9%. Dow Jones up 0.66% on the week.
SUMMARY So close yet failed at the 14th. US GDP upsets the bull run. ECB raises rates. No cuts to come. Two myths busted. Both starting to look more appealing. Results season beckons. What do we know already. No End of Day Podcast. Off to watch England Denmark I had this whole piece ready today,…
SUMMARY Fed raises rates. Markets yawn. Data dependent. Clear air now. MQG AGM Looks underwhelming for a change. Nick fails to fire. Australian Inflation at 6%. Next stop 5%? Maybe. Is that a soft landing I see before me. Comparisons are good. PMV looks cheap. Quick Takes: IGO makes a pig’s breakfast of things. MQG…
SUMMARY US results – Is it safe? Dow up 12 days straight. One more to come! Still watching from the sidelines on the Nasdaq. Long S&P 500 ETF. Missed the BHP rally. Caught the WHC rally. Some do like it hot. Banks according to Morgan Stanley. Inflation may not be as dead as we hope.…
SUMMARY Big week in US coming. Microsoft the focal point. Then the Fed. The Poseidon adventure update. On the Couch podcast with nickel in focus. Houston, we have a problem. Costs and writedowns. Transitions are tough. Rough road for some. QUICK TAKES It is going to be a big week. X marks the spot. 11…
STRATEGY Big week but more a bystander at the moment. MQG AGM, a focal point for OSP. Fed to raise but then what? Earnings season looms. Not much to add today. I have sold out of the HNDQ ETF last week. Only holding the IHVV in the strategy portfolio. Nothing in the One Stock Portfolio.…
US markets ended the week mixed as most US mega-caps slipped. Dow edged higher, up 3 points (0.01%). S&P 500 up 0.03%. NASDAQ lost 0.22%
