SUMMARY BPT shines. Up 1.8% while WDS and STO drop. Raising stop loss to $1.59. JLG falls. No change. No change to ORI and ILU. Quiet and waiting for the next market pickup. PLS starting to underperform. Telsa and US lithium stocks up overnight will help. WTC hits a fresh 52-week high. OBSERVATIONS BPT shines.…
SUMMARY Not much to report today. Eyes on Budget – unlikely to impact stock market. US CPI on Wednesday – PPI tonight. Not rushing to buy in the Growth Portfolio. Buybacks supporting banks despite ex-dividends and broker scepticism. Education Corner – Ten Commandments for new investors. Working on the ASX 200 tool. MARKET BULLETS SPI…
The ASX 200 closed down 23 points to 7727 (0.3%). Sloppy quiet markets across the board with banks down modestly. The Big Bank Basket unchanged at $207.93. ANZ fell 0.7% with MQG falling 0.1% and insurers down on lower yields, QBE off 1.3% and SUN off 1.3%. REITs dropped led by GMG down 0.8 % with SCG…
Portfolio Review – Five stocks a day. DRO target price. CNB target price. US Check-Ins The emotional side of retirement. Ask the Analyst Friday 23rd.
US markets finished slightly higher on Friday night save for the NASDAQ, flat. The Dow Jones rose 125 points (0.32%) and the S&P 500 gained 0.16%. Dow had best week this year. Economic news was mildly negative as consumer inflation expectations came in at 3.5% vs 3.2% previous and consumer sentiment fell to the lowest…
The ASX 200 rose 1 point to 7750 in quiet pre-budget trade. Good close in banks helped. A narrow trading range as ANZ and MQG went Ex Dividend. The Big Bank Basket up to $208.05 (+0.5%). Insurers tickled higher QBE down 0.1% and SUN up 0.4% with REITS slightly lower, GPT off 0.7% and SCG…
THE WEEK THAT WAS The ASX 200 rose 1.6%. A good week really. Plenty of volatility. That equals opportunity. We hit 7800, as I had forecast and then moved back down to 7600 before a rally. Fun and games all round. I know I should have been braver and loaded up with GEAR when it…
SPI Futures down 10. S&P 500 up 0.16%. NASDAQ down 0.03%. Dow Jones up 125 points. A higher than expected consumer inflation expectations number and a weaker than expected consumer sentiment number provided a negative. A rise in Nvidia a positive. Mixed Fedspeak overnight. A number of comments about the markets being on hold ahead…
Tried to sell CNB yesterday – No luck. Resource Conference Favourites Sean Russo on gold. How much is LLL worth? The Great Banking Ruse?
