A surprising number of stocks oversold on a weekly basis.
BHP overbought on a daily basis. Has broken out of the pennant.
SQ2 with a daily sell signal.
US holds up going into the Thanksgiving holiday.
Michele Bullock treading her own path on inflation (Hawkish).
Great Nvidia results are OK. Lucky they weren’t just OK.
Novo Nordisk makes other high PE stocks look stupid.
London Mining Conference – Big Themes – Small Companies – Potential
Wall Street finished down on Tuesday after minutes from the latest Fed meeting showed officials agreed to take a cautious approach moving forward. The Dow fell 63 points (-0.18%), trading lowe
S&P 500 went into overbought territory yesterday on a daily basis.
Consumer staples continues to slide. At a 52-week low.
Uranium ETF’s holding at overbought levels. The commodity price breached US$80/pound.
SPI Futures down 6. Nvidia fails to set the market alight. Predictable. FOMC Minutes. Predictable. Holiday coming up – getting quiet. Making money in currencies is possible. The Global Nuclear Renaissance and the uranium conundrum. No need to sell anything yet.
The ASX 200 flat, up one point to 7079, trading in a narrow range, struggling for any direction. Tech stocks are falling in lockstep with the NASDAQ overnight. SQ2 down 1.5% and XRO off 0.7%. All-Tech index down 0.7%. Iron ore miners doing
ASX 200 slid 5 points to 7073 (-0.1%), in a quiet directionless day of trade. SPI Futures this morning were -6. Sectors finished mixed. Interest rate-sensitive sectors took cues from Wall Street overnight
Wall Street’s three major indexes finished higher overnight, in a quiet day of trade ending…
Strategy Portfolio Humming. LNAS now up 21.4%. No need to sell anything yet. Hopefully Nvidia behaves tonight.