Technical Signals
BBUS overbought as the market falls. Oil overbought. ResMed, bouncing, but for how long.
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Marcus Take Thursday – Groundhog Day
Groundhog day, month, hopefully not year. The oil price is becoming a problem. Three things you need to get rich in the stock market. What are the best three long term stocks in the market – listen to my podcast with John Abernathy.
End of Day Report Thursday
The ASX 200 dropped another 6 points today to 7025 (0.1%) after an early rally fizzled out. Retail sales were slightly worse than expected and suggest the RBA will be on hold next week.
End of Day Report Wednesday
ASX 200 fell 8 points today to 7030 (0.1%) as a late rally saved the day after early losses. The market managed a rally post the monthly CPI number which came in as forecast at 5.2%. Banks were once again a pillar of strength with the Big Bank Basket up to $175.96. CBA up 0.5%,…
Pre-Market Report Wednesday
US equities finished sharply lower overnight as bond yields continue to rise, a Government shutdown looms and after consumer confidence and home sales data signalled the US economy may be finally coming under stress. The Dow Jones posted its biggest one-day percentage drop since March, finishing near worst levels, down 388 points (-1.14%), falling below…
Henry’s Take Wednesday – He’s Back!
Henry is back – not much has changed except the prices! And not for the better. Looking to take profits in LTR.
Technical Signals Wednesday – Waiting for the bottom
One of these ideas will separate the Titans from the Mere Mortals.
Marcus Take Wednesday – Waiting for the bottom
Cashed up with nothing to do but wait for the bottom.