Wall Street’s three major indexes finished higher overnight, in a quiet day of trade ending just off best levels amid a $16bn sale of 20Y treasuries. The Dow rose 204 points (+0.58%). Up 280 points at best. Down 39 points at worst. The S&P 500 extended last week’s gains and closed up 0.74%, the highest…
Strategy Portfolio Humming. LNAS now up 21.4%. No need to sell anything yet. Hopefully Nvidia behaves tonight.
Market behaving itself ahead of the Nvidia results and the FOMC Minutes tonight. Quiet week. Thanksgiving holiday.
The ASX 200 finished up 20 points at 7078 (+0.3%) after recovering from a midday slump. A mixed bag of a day with materials and energy outperforming, consumer discretionary and utilities underperforming and all the rest trading in a narrow range. BHP, FMG, and RIO were responsible for most of the gains. Up 1.4%, 0.7% and…
Lithium is dead apparently but still plenty of life in the old dog. In London for a Mining Conference tomorrow. Exciting and interesting to feel the vibe. Some quick takes- – Big week for ORG. KAR has solved its diversification issue
A quiet night for US markets on Friday followed by a quiet weekend. The Dow Jones held onto recent gains, up 2 points (0.01%), S&P 500 up 0.13% trading above the 4500 level and the NASDAQ up 0.08%. The n
The ASX200 ends the day up 9 points at 7058 in quiet trade. With no significant US lead to follow or economic news, it is a game of wait and see. The pause continues
Good morning everybody. Wall Street in a holding pattern on Friday night once again. That’s four nights on the trot with nothing happening. The good news is that after a 13.1% rally in the NASDAQ in 16 days, there is very little evidence of profit taking. In fact, for the last four days, the NASDAQ…
Next week sees a break from big-number action. Central bank meeting minutes will headline with Australia’s RBA on Tuesday morning and the US FOMC early Wednesday morning. We will be keeping an eye on the commentary that led to the RBA raising rates and the US holding and whether it supports the new dovish pivot that
