Lithium is dead apparently but still plenty of life in the old dog. In London for a Mining Conference tomorrow. Exciting and interesting to feel the vibe. Some quick takes- – Big week for ORG. KAR has solved its diversification issue
A quiet night for US markets on Friday followed by a quiet weekend. The Dow Jones held onto recent gains, up 2 points (0.01%), S&P 500 up 0.13% trading above the 4500 level and the NASDAQ up 0.08%. The n
The ASX200 ends the day up 9 points at 7058 in quiet trade. With no significant US lead to follow or economic news, it is a game of wait and see. The pause continues
Good morning everybody. Wall Street in a holding pattern on Friday night once again. That’s four nights on the trot with nothing happening. The good news is that after a 13.1% rally in the NASDAQ in 16 days, there is very little evidence of profit taking. In fact, for the last four days, the NASDAQ…
Next week sees a break from big-number action. Central bank meeting minutes will headline with Australia’s RBA on Tuesday morning and the US FOMC early Wednesday morning. We will be keeping an eye on the commentary that led to the RBA raising rates and the US holding and whether it supports the new dovish pivot that
Feeling Optimistic? Summer has come and the Cup’s been run. The long weekend saw the first real taste of summer for Melbourne with shorts and sandals being the order of the day. Cup day was beautiful and sunny, but only just.
Wall St took a breather overnight, ending mixed in a quiet day of trade. Treasuries climbed and the latest economic data supported a gradual slowdown, reinforcing bets the Fed will end its rate hike campaign.
Few buy and sell signals suggest the market is having a pause. MQG trying to break downtrend. LNAS prints a small daily sell signal.
