SUMMARY Plenty of sell signals as expected. Wall St bounces back overnight. Weekly sell signals from giants CBA, CSL, WBC and GMG. Daily sell signals from three of the big four banks. BHP bounces off support from the open. Not buying. MQG heading back to middle of long term trading range. COH hits another 52-week…

ASX 200 made up yesterday’s losses closing up 58 points to 7601 (+0.8%). First ‘Super Thursday’ of results. BHP lost 1.7% on a huge write-down on nickel assets (more like liabilities) and Samarco issues. RIO dropped 0.7% with FMG 1.4% to the good. S32 results were greeted by a thud, down 4.6% and lithium stocks…

Wall Street's major indices fell sharply overnight following a higher-than-anticipated inflation result, which tempered expectations for imminent interest rate cuts and pushed US Treasury yields higher. The S&P 500, NASDAQ, and Dow Jones fell by 1.37%, 1.80%, and 1.35%, respectively, while the Russell 2000 index fell by 3.96%. The VIX reached its highest level since…

SUMMARY Wall St Falls. Expect a host of sell signals tomorrow. Selling all trades from the Ideas portfolio this morning. Will watch from the sidelines in the short-term. Not precipitous enough to think about SNAS. Selling MQG from the One Stock Portfolio. Didn’t hold IZZ for long but selling into strength at least. WDS lacking…

ASX 200 fell 56 points bouncing off 7500 to close at 7538 (-0.7%). Results and broker talk dominated again with a negative lead from Wall Street colouring the landscape. Banks under pressure following CBA results showing NIM remains under pressure CBA fell 1.7% well off lows. The Big Bank Basket down 1.6% with CBA in…

SUMMARY Bond yields pop as inflation won’t drop. Nothing precipitous, just an end to the strong trend. Interest rate sensitive sectors to top out – Banks, REITs, Tech. CBA results underwhelming, NIM under pressure. Excuse to top out. Selling trades. Come back in a month. Stocks that like higher rates – CPU, QBE, CGF, IAG.…