Wall St closed lower on Friday night after the last economic data reduced the chances of a near-term Fed rate cut. The Dow Jones fell 145 points, the S&P 500 down 0.45% and the NASDAQ the worst. Off 0.82%. The three major indices finished the week lower after five positive weeks in a row. Core…
Results Lotto. The Good, the Bad and the Ugly. Loser of the Week. Lithium in focus.PLS interesting. Classics for The Watercooler
US stocks closed higher on Thursday as retail sales data disappointed, fuelling expectations of potential interest rate cuts by the Fed in the coming months. The S&P 500 rose by 0.58%, the NASDAQ by 0.30%, and the Dow Jones climbed by 350.07 points or 0.91%. US Treasury yields edged lower, with the 10Y Treasury note…
SUMMARY PME and DTL join CBA and CSL with weekly sell signals after falling hard on results. No new trades today. NASDAQ, S&P 500 and Dow Jones remain overbought on a weekly basis. No changes to One Stock Portfolios. BHP has an ugly fall yesterday. GMG hits a fresh all time high after positive results.…
Back on track.DTL added. Results the focus. IAG and QBE this morning. A look at TLS and TWE GQG numbers good Buy.
SUMMARY Weak US retail sales help shrug off this week’s scary CPI number. SPI Futures up 72 – Gone a bit early on calling the top (so far). ASX 200 Break out or Break down? BHP writedown headwinds – glad we didn’t buy it in the OSP. Wins on results yesterday – WES +5%, GMG…
ASX 200 finished up 53 points to 7658 (0.7%) off early highs but still a very solid day. Up 10 points for the week. Most cylinders firing today, Banks firm as usual with the Big Bank Basket up to $202.34 (1.4%). CBA bounced 1.9% the best of the four. MQG rose 0.3% after big run yesterday, insurers…
Results season getting busy now – we are having some wins in our Portfolios with a bid for ALU and results from WES, ORG, GMG, CQE.
Wall Street finished higher overnight, driven by notable rallies in ride-hailing giants Lyft and Uber, while Nvidia's rise displaced Alphabet as the third most valuable US stock. The S&P 500 closed up 0.96% boosted by gains in Meta +2.9% and Tesla 2.5%. NASDAQ climbed 1.30% and the Dow gained 152 points. Meanwhile, the 10Y Treasury…
