THE WEEK THAT WAS Ever feel like life is passing you by? Invest in the ASX, and you will continue to feel that. We are just not that exciting at the moment. In the US, things are kicking off as the computers are bidding the markets within a whisker of all-time highs. The Magnificent Seven…
A good night on Friday unless you are betting on oil. Oil price down 2.0 and 1.89%. But let’s not worry about that, the futures are up almost 70 points as I write and the headlines are full of Powell’s comment that they need to “move forward carefully” amid signs of economic softening. They were prepared…
Taking the Risk If I had adopted Marcus’ one stock folio and invested all my superfund in PME last year (instead of a small part) the fund would now be worth twice as much. Unfortunately, that’s only half of the story as I have other investm
The Dow hit a new high for the year, up 520 points (+1.47%), driven by a 9.2% jump in Salesforce shares and a moderation in PCE inflation. The S&P 500 gained 0.38%, while the NASDAQ fell 0.23%. October saw a slowdown in PCE inflation measures and a moderation in personal spending, reinforcing expectations that the…
KAR attractive here. Will add more today. Advent Calendar picks for Ausbiz in 2024. One big one very speculative. Did I really recommend that one!
ASX200 VIX index falls to a 52-week low. CSL and RMD on the mend. CSL forming a solid uptrend. RMD bottoming nicely. EVN hits a 52-week high.
November is done – good month – Value versus Growth – Experts versus Lemmings
ASX 200 fought from early big falls to close down only 14 points to 7073 (-0.2%). Banks flat, the Big Bank Basket at $178.32 (-0.3%). MQG slid 0.8%, with other financials pulling back slightly. Insurers held in, with SUN up 0.2% and MPL up 2.0%. REITs mixed, GMG up 1.3% and VCX down 2.1%. Healthcare flat,…
Wall Street flatlined overnight on cautious trade following an upward revision to US GDP growth and dovish comments from Fed officials. The Dow ended slightly in the green, up 13 points (+0.04%). Up 162 points at best. Down 11 points at w
