The ASX 200 has finished the day up 22 points (+0.3%) to 7740 in narrow trade. Sectors were mixed with Tech, Energy and Miners outperforming. Tech benefitting from a strong NASDAQ lead, while Energy and Miners did well on the back of rising commodity prices and iron ore up in Asia. XRO and MAQ up…
Wall Street kicked off the second half of the year on a positive note, with equities mostly higher in light trading. The Dow gained 51 points (+0.13%). Up 320 points at best. Down 81 points at worst. Big Tech drove the bulk of the gains in the S&P 500 +0.27% and the NASDAQ +0.83%, with…
SUMMARY AD8 gets caught up in the tech sell-off yesterday. Closes below its stop loss. Holding for now with support in sight. No change to EOS. Up 11.4%. WDS rises, oil up strongly overnight. WDS is poised for a breakout. We are well positioned to benefit. TWE underperforms despite more positive China headlines and economic…
Beginning to get over Big Tech doubts. The Nvidia sell-off hasn’t caused a cascade after all. Tesla gets going again. Deliver numbers tonight. Robots coming. Investment banks flying. Have missed this rally in MQG. Liontown raising money. Lithium struggles continue. French election concerns fading as Republican Front tries to head off NR. RBA Minutes – see if they dispel or raise rate rise concerns.
SUMMARY Portfolio reset and ready FY25. Sitting on 70.5% cash ready for Henry to deploy on return. WTI hits two-month high. KAR will benefit. More geared to the oil price compared to WDS. Keeping tabs on Uranium. DYL advances funding arrangements. LTR trading halt pending funding announcement. Glad we sold that one. Rare earths seeing…
The ASX 200 has finished down 33 points (-0.42%) to 7718, RBA meeting minutes passing quietly through the market while revealing a possible August rate hike. Energy was the only sector with significant gains as oil and coal stocks tracked their respective commodities higher. WDS up 3.1%, gaining strength throughout the session. KAR missing out,…
Wall St finished the week lower on Friday night as the US presidential debate prompted new political uncertainty, outweighing easing inflation data. The S&P 500 fell 0.41% after touching a fresh intraday record high of 5500. The Dow Jones eased 45 points. The NASDAQ lost 0.71%, while the Russell 2000 found buyers, up 0.46%. For…
SUMMARY No changes to the Trading Section today. US inflation data not causing any spikes in the Gold price. We sold out of NST and EVN last week. Keeping an eye on AD8, it remains close to its stop loss. WDS and TWE plugging along, awaiting the next catalyst. EOS in for another solid week with luck.
SUMMARY Earliest Category 4 hurricane on record developing in the Caribbean. Keeping an eye on the oil price. Political uncertainty abounds in the US, UK and France. French Election going as expected. UK Election on Friday morning our time. Independence Day Holiday on Thursday – US market closes early – a holiday week in the US. Waiting…
