SUMMARY LLC kicking goals. Up 6.6%. Exiting BOE with a loss. Too volatile and the spot price has taken a dive. S&P 500 ETF IHVV hits a 52-week high. Held in the Strategy Portfolio and up 24.7% vs IVV’s 20.6%. No change to MQG, bond yields rising. Things still looking toppy. BHP hits a 52-week…
Bond yields going up again. Interest rate sensitive sectors at risk. Big week of Central Bank action coming up – FOMC, RBA, BoE, BoJ. Big Tech momentum fading. Selling BOE in the Ideas Portfolio (Uranium too volatile). Iron ore down again. We have no BHP, RIO or FMG. 17% cash in both the Income and Growth Portfolios. Strategy Portfolio still fully invested. Waiting for that “One Bad Day”. No sign of it.
SUMMARY There are Income Stocks – and there are stocks with high yields. Why brokers are always wrong about the CBA. Why brokers say STRONG BUY. CPI behaves – climbing the Wall of No Worries. Growth and Income Portfolios are now in 17-18% cash. Selling PPT today (it's now gone ex-dividend). Lots of Central Bank…
SUMMARY BOE recovers from another soft open to finish in the green. BHP chart getting worse by the day. Close to oversold. MQG hovering near highs. Not buying. Japan and India ETFs print weekly sell signals. SUN hits a 52-week high. WDS hits a 52-week low despite the oil price fairly steady. OBSERVATIONS BOE recovers…
US stocks rallied overnight, with the S&P 500 reaching a record high close fuelled by gains in Oracle shares and despite a marginally higher-than-expected CPI result. The S&P 500 climbed 1.1%, while the NASDAQ and Dow Jones also posted gains of 1.1% and 0.61%, respectively. Headline inflation rose to 3.2%, exceeding forecasts, the monthly rate…
US Deficit and CPI-No one cares really. They say they do. A Look at QIP and IPH. The Big Bank Basket and franking credits.
The ASX 200 has ended the day up 17 points (0.22%) in mixed trade. US inflation data has filtered through to our market with Consumer Discretionary stocks leading the gains along with Real Estate and Financials. ALL and JBH rose 2.1% and 1.4%. GMG and SCG both finished up 2.5% and 0.9% despite bond yields…
Added GEAR yesterday. Is there a shift in the force? Iron ore fell 7% in Asia. Lithium rises. PLS signs offtake agreement.
Wall Street edged lower overnight as the market awaits CPI and PPI results this week to assess whether recent inflationary pressures were transient or indicative of a broader trend. The Dow finished 47 points higher. Up 72 points at best. Down 229 points at worst. The S&P 500 fell 0.11% and showed signs of overheating…
