ASX 200 closed up 9 at 7653 (0.1%) after a very solid start evaporated. Big Monday with M&A and results in focus. First up Alcoa bid for AWC after a 20-year life on the ASX, ABB bid for SLC and CSR in a trading halt pending an announcement on a material transaction. Banks mixed, CBA…
Nvidia is the most important stock on earth! Sora is coming. Frantic week for results. US Markets pause for breath.
An interesting story on iron ore today.
SUMMARY MQG will be interesting today. Upside gain is limited. Bit of relief for BHP with Iron Ore up overnight. Staying in cash. Consumer discretionary with sell signals after WES, ALL, JBH and HVN all fall yesterday. Tech Sector hits a 52-week high. Japan ETFs hit highest levels since inception. WBC and NAB hold at…
The S&P 500 and the Dow reached record highs overnight, driven by growth and tech stocks following Nvidia's strong earnings and outlook. The Dow Jones rose by 457 points (+1.18%), the S&P 500 gained 2.11%, and the NASDAQ Composite added 2.96%. Nvidia's optimistic Q1 revenue forecast and outperformance in Q4 revenue pushed its shares higher,…
Investing is easy, just buy Nvidia. Fedspeak suggests the Fed is in no hurry. PLS results in focus. DMP- Change of mind. Retail winners/losers.
Nvidia up 16% – A Lesson in Bubbles. Block up 11% after hours on results in the US. Upgraded guidance. Australian stock market looking “so 1980s”. Stocks covered today – FMG, NST, PLS, MPL, QAN. We only hold MPL. Main Results expected today – SQ2, NEM, BXB, LTM, LYC, SFR. The China Problem – manipulating their stock market.
ASX closes off highs at 7636 up 32 points (+0.4%). Down 14 points for the week. Chip fever hit hard today with BRN, WBT and AXE all making extreme moves, Banks were firm yet again, NAB up 1.1% the best, and the Big Bank Basket up to $202.92 (+0.5%). MQG running 0.6% higher. Insurers firmed,…
