The ASX 200 rises 16 points to 7789 (0.2%) in quiet range bound trade. Solid across the board except oil and gas with WDS easing 1.6% and STO down 1.0% as oil drifts lower on diminished risks. Coal stocks better, Gold miners kicking higher, NST up 2.0% and NEM rocketing up 6.6%. GOR and GMD also…

I (almost) never want to wake up to a market that's dropped but it would have made us look clever having taken a few profits yesterday and bought a trade in SNAS. I'll just have to pretend I knew that was going to happen and that we're still right. Even though we're going to look…

THE WEEK THAT WAS An interesting week. Aren’t they all? It was topped off last night by a jobs report that screamed no rate cut in the US, at least in June. 303,000 new jobs added. Does that seem like an economy that needs rate cuts? Nope. You would have thought that this number, which…

US equities ended sharply lower overnight, carrying some strength through midday before reversing in the afternoon as risk-off sentiment kicked in ahead of Fridays jobs report. The Dow tumbled for its fourth consecutive session finishing near session lows, down 530 points (-1.35%). Up 294 points at best. Down 568 points at worst. The S&P 500…

SUMMARY Oil and Gold stocks up, markets down. Trimming the vulnerable, keeping oil and gold. Selling JMS and MIN. JMS as a small cap particularly vulnerable. Will hold onto KAR, BGL and NST. Unless they fall below stop losses. Adding SNAS for a trade and short-term bet that we have seen the top for a…

ASX 200 finished down 44 points to 7773 (-0.6%) to close out a miserable week down around 1.5%. Broad-based losses following the dip in the US last night. Jobs number tonight shaping up as a crucial data point. Banks eased back slightly, the Big Bank Basket off to $207.53 (-0.2%). MQG fell 0.9% with insurers…