SUMMARY EOS roars 10.9% higher. High volatility was promised. Up over 20% in three days. Raising stop loss. NST follows the gold sector with an afternoon rally, EVN lags. Both gold and bond yields up overnight. WDS flat yesterday as expected. Set to rise as Oil gains overnight. Raising AD8 stop loss to $15.53. TWE…
SUMMARY Quiet Friday – SPI Futures up 6 – good day for a lunch. Big Chips pause as Resources steady. Rate cuts are coming – UK inflation back to target. Guzman y Gomez – Nothing to do with value – it's a liquidity squeeze. Whats on next week – Some CPI numbers. Education Corner –…
The ASX200 has finished the day up 27 points (0.34%) and up 72 points for the week. Utilities and Energy were the best two performing sectors on the back of last night’s oil price rise. WDS up 1% and KAR up 3.6% on a broker upgrade. Utility stocks ORG and MCY saw big gains on…
SUMMARY ASX200 stuck in a sideways trading range since March. A look into the NASDAQ’s uptrend and the linear regression tool. NST and EVN slowly coming to life. Both have a late rally yesterday. WDS bounces once again off its support. Brent near flat overnight, a quiet day expected. EOS has another good day. Its…
US markets closed overnight for Juneteenth National Independence Day. Australian shares to fall at the opening bell, SPI Futures down 21 points. European equity markets closed firmly lower, weighed down by losses in real estate and technology stocks, while UK miners found buyers as the market digested inflation data. The STOXX 50 fell 0.61%, and…
US Closed – Europe asleep awaiting French and UK elections. How to spot the weeds in a Portfolio. Musk keeping Dell and Nvidia in billions. Henry’s Take – Nothing to report today. A Letter to Investors from John Abernathy – The Steady Voice of Calm. Education Corner – Stop Losses – Essential education.
SUMMARY Nothing to do in Henry's Portfolio today. Sold DXB yesterday. TYR flys off 9% yesterday. No particular news. A director of ARU buys $100k worth of shares. DRO announcement. Another contract win. This one worth $4.7m from a non-government Swiss customer.
The ASX 200 has finished flat to 7769, slightly better than futures were suggesting. A quiet session that lacked direction, following a similarly quiet night in Europe while US markets were closed. Tech and Health Care the only sectors with significant moves. Health Care worst off after a 4.8% drop in COH (no new news).…
Wall Street ended higher overnight following softer-than-expected US retail sales data. The S&P 500 recorded its 31st record high of the year, gaining 0.25%. Boosted by Nvidia up 3.5%, surpassing Microsoft (-0.5%) to become the world's most valuable company. Market cap of $3.335T. The NASDAQ was near flat, while the Dow advanced 57 points (+0.15). Up 159 points at…
