Baby Boomers had property. Young Australians have something better. Bond yields rising – Higher for Longer is back. Talk of no rate cuts in the US this year. Jobs numbers on Friday hold the next key. US Results season coming.

SUMMARY Markets down. Profit taking setting in at last? Selling a few stocks. Selling SQ2, NASDAQ down and Bitcoin down over 5%. Better exit before things turn ugly. Selling LLC, fading away while the market held up. Don’t want to see what happens when the market goes down. Punching the air with gold. NST the…

US markets closed mostly lower overnight as gains in technology and energy were outweighed by rising bond yields. Dow Jones down 241 points (-0.6%), S&P 500 down 0.2%, NASDAQ up 0.1%. The US 10Y yield rose 10.9bp and the 2Y rose 7.9bp after manufacturing PMI increased to 50.3 points. The highest reading since September 2022…

SUMMARY Added KAR on Thursday after a price breakout. Oil up over the weekend. MIN flies on Thursday, best performer in the top 50. No change to MQG or BHP/FMG One Stock Portfolios. Keeping an eye on BGL and NST after bond yields rise (gold also up). All other trades doing well, helps when the…

Wall Street ended higher, rallying in the final stretch of the quarter, with the Dow leading gains and the S&P 500 closing at a fresh record high. The Dow closed near session highs, up 487 points (+1.22%), sitting ~1% away from breaking the 40k level for the first time. Gains in Merck & Co. (+4.96%)…

SUMMARY Bulls refuse to lie down. MQG prints a (tiny) weekly sell signal along with WTC and CAR. Cash in the MQG one stock portfolio. Adding KAR for a trade. Recent breakout above $2.09. Iron ore down. No change to BHP/FMG one stock portfolio. Bond yields down. Gold up. BGL and NST set to benefit.…