SUMMARY Getting interested in Gold after bond yields fall for three straight days. All the major players remain in sideways/downtrends. TWE jumps 5.3% after reaffirming guidance yesterday. Not overbought yet. KAR hits another 52-week low. Bouncing 3.5% off an opening low. Early punters would consider buying. TYR prints a daily RSI buy signal after hitting…
SUMMARY Big night for Big Tech – Perfect for us. Nvidia split propels share price. Bond yields are dropping – Bull market ingredient number one. Media looking for clicks with the wrong RBA message. ECB tonight. Jobs numbers Friday. Education Corner – Have you got the right personality for this. MARKET STUFF SPI Futures up 42. That…
ASX 200 pushes another 53 points higher to 7822 (+0.7%), with banks leading us ever higher. CBA hitting records up 1.1% as they started making Ai chips (joking), the Big Bank Basket up to $215.88 (+1.0%). MQG also doing well, with financials generally in the green, insurers up around 1.5% and REITs better on rate cut…
SUMMARY SFR close to resuming full 3EMA uptrend after copper stocks have a small dip. BOE around 3% away from hitting recent support at the $4.40 level. The CBA closes on a 52-week high. YAL prints a daily RSI sell signal. KAR hits a 52-week low. Down 20% since our last trade in it. BPT down 3%…
SUMMARY Not much going on – Golf anyone? Eyes on the US Jobs numbers on Friday. The NASDAQ continues to outperform the ASX. NDIA – Indian election volatility. Education Corner – Dividend Stripping – the facts. STRATEGY PORTFOLIO Nothing to do here. Until Big Tech tips over we can leave this portfolio alone. This is…
ASX 200 rallies 32 points to 7769 (+0.4%) as rate-sensitive and defensives seize the day. Banks pushing onwards and upwards, CBA up 0.8% with the Big Bank Basket up to $213.81 (+0.7%). Insurers rallied for no real reason, QBE up 0.4% and SUN up 1.6%. GQG on the nose following Modi failing to win a…
Commodity boom is like an English Summer. Happy to hold copper stocks for now. Introducing the DART-new ETF. The Ausbiz Investment Committee episode. Housekeeping.
US equities finished in the green overnight, following softer-than-expected labour market data reaffirming bets for a rate cut this year. The Dow rose 140 points (+0.36%), up 216 points at best and down 173 points at worst. The S&P 500 edged up 0.15%, and the NASDAQ gained 0.17% as big tech finished higher. April's JOLTS…
Wall Street closed mixed in a choppy trading session amid soft manufacturing data, and a glitch on the NYSE caused trading halts in dozens of equities. The Dow fell 115 points (0.30%), kicking off June on a sluggish note. Up 49 points at best. Down 439 points at worst. S&P 500 turned green in the…
