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…
APM – Harry Kane slots home DRO going well again. DXB – Maybe a pause. Guzman y Gomez. – IPO to list June 20th
SUMMARY AD8 shows small signs of bottoming. One more positive session will see it print an RSI daily buy signal. WHC closes in on its 52-week high. In full 3EMA uptrend and close to overbought levels. No reprieve for LLC. The strategy day bounce from last week all but fizzled out. JHX manages to print…
SUMMARY Bond yields down – Helpful. Big Tech outperforming – Helpful. Iron ore and oil down – No exposure. Jobs numbers on Friday the next signpost. Need to find something to do while the market goes sideways. Education Corner – Average True Range. Very useful. THE PORTFOLIOS STRATEGY PORTFOLIO No change to Strategy today. Keeping…
ASX 200 slips 24points to 7737 (+0.3%) in lacklustre trade. Banks held up after good gains yesterday, the Big Bank Basket at $212.35 (+0.6%). Insurers slipped back, and MQG went nowhere. REITs mostly weaker, GMG up 0.6% with others softer, SCG off 1.3% and GPT down 0.9%. Healthcare mixed CSL with a slight gain, SHL…
Harry Kane slots home with APM bid at 145c. ASX 200 heads to 7800. The Upcominng Crash! US Check Ins. GDPNow shows a slow down.
US markets closed mostly higher on Friday night following the much anticipated PCE results. The Dow Jones rose 575 points (+1.51%), registering its biggest daily percentage gain since November. The S&P 500 gained 0.80%, all sectors higher and the NASDAQ finished near flat. The Dow outperformed after a 7.5% bounce in Salesforce (it fell 19.7%…
SUMMARY Cleared out all trades last week. Neither LNAS or SNAS look to be making money at the moment as the NASDAQ is up one day, down the next. New week, new season. Looking for some fresh Ideas.
The ASX 200 jumps 59 points to 7761 (+0.8%) as US leads give a positive start to the week. Banks as usual leading the charge higher, the Big Bank Basket up to $210.96 (+1.6%). WBC jumping 2.5%. MQG is up slightly with insurers doing well, QBE is up 2.6%, and SUN rallied 1.3%. REITs strong too, GMG…
