ASX 200 charges 111 points ahead to 7793 (+1.4%). Banks leading the charge higher as ANZ reports and announces a $2bn buyback and NAB goes ex-dividend by 84c. The Big Bank Basket up 1.3% to $209.82. MQG jumped 2.5% as the Equities Conference kicks off with no bad news so far. Early days. Insurers and…
The ASX 200 puts on another 53 points to 7682 (0.7%). Banks firing up with the Big Bank Basket up to $207.14 (+1.3%) with WBC up 2.7% reporting in line and a special dividend and an increased buyback. MQG is finding some broker love, up 1.5%, and Insurers are weaker as yields fall. MFG with…
Wall St finished higher on Friday, as markets survived the anticipated jobs number release. The Dow Jones rose 450 points (+1.18%), the S&P 500 advanced 1.26% and the NASDAQ outperformed, rising 1.99%. US job growth slowed more than expected in April, rising by 175k vs 243k expected. Bond yields fell, US10Y down 9.2bp and the…
WBC Results cheer. Special dividend and a Buyback. Take that NAB. Big week with RBA and US IOUs to issue. 7800 possible. Usual US Check-Ins.
Wall St and the NASDAQ bounce strongly over the weekend. All three trades enjoy a solid session on Friday. Oil falls again on Friday night, pressured by jobs data. Keeping a close eye on BPT. ILU does well. No change. PLS kicks 3% higher on Friday. Lithium stocks mostly higher in the US. No change.
The ASX 200 was up 53 points last week (+0.7%) in line with the S&P 500 (+0.57%). This week was all about the Fed Meeting, Apple and Amazon results (amongst many others) and last night’s jobs numbers. We survived them all. SPI Futures up 22 this morning. The Dow Jones was up 450 points, the…
THE WEEK THAT WAS The Force is Strong The Bulls are back. It has been a volatile week coming off the back of ‘Black Friday’ last week. Dominated once again by the Fed sucking the life out of any other conversation. When will they cut rates? Will they cut rates? Last night we got another…
Wall Street ended solidly higher overnight, breaking a two-day losing streak, as the market digested Powell’s more dovish-than-expected interest rate guidance and the latest round of mixed earnings and economic data. The Dow ended near session highs, up 322 points. Up 392 points at best, down 8 points at worst. Tech-heavy NASDAQ outperformed its peers,…
What to do with BLD? Strategy – It’s the earnings stupid! Lunch Ideas. BB1, CYP and IMU 4DS – Ai The Big Data Centre winner?
