ASX 200 shrugs off early weakness to close up 38 points at 7699 (+0.5%). So close. Good gains in industrials, led by WES up 1.1%, ALL up 1.5% and supermarkets COL and WOW better. Banks were flat, the Big Bank Basket flat at $205.05 (+0.4%). MQG kicked 0.6% and QBE up 0.5%. REITs firm with…
Wall Street finished mixed overnight, recovering from earlier losses. The Dow lost 97 points (-0.25%), S&P 500 up 0.17%, NASDAQ gained 0.37%, and small-cap stocks performed well, building on yesterday's gains with the Russell 2000 gaining 1.34%. January durable goods orders declined notably, mainly attributed to weak Boeing orders, while February's consumer confidence was below…
SUMMARY Iron ore up. BHP remains in downtrend. Not buying. MQG up another 0.8% yesterday vs the market up 0.1%. Staying in cash. EVN continues its downtrend after going ex-dividend yesterday. ALU remains heavily overbought after its takeover bid. JLG gets hit hard on results, down 13%. ADH backs up its 15% results rise with…
Added TYR at 103c. Looking at JLG and NEU ZIP – Target achieved – Some thoughts. Speculative Stock of the Day – DXB Adding today
Us Markets holding at highs – Some big ex-dividends today – Last two days of results – CPI numbers today
ASX 200 closes flat at 7660 despite better-than-expected CPI numbers. Only monthly though. We flipped between small gains and small losses. Big short squeeze happening in the likes of CHN, PLS, NXT and BRN. Looks like someone wanted their stock back. Banks eased back, with CBA slipping 1.0% lower. MQG down 1.0%, and insurers better.…
US markets quiet but holding their highs. US CPI number tomorrow is the signpost this week. Resources down again overnight on iron ore price risk worries. Macquarie annoying us – 52 week high. Three more days of results- Expected today – WDS, COL, REH, ALU, AWC, ABC, JLG Stocks we hold with results yesterday – SUN and NHF – we have a look. A lot of Dividends on the horizon. AI swamping HI (Human Intelligence) on Reuters.
ASX rose a modest 10 points to 7663 (+0.1%). Off early lows. Results the focal point again. Once again, the banks doing the heavy lifting with the Big Bank Basket up to $205.96 (+0.8%). CBA leading the charge up 1.0%. MQG up 0.8% and GQG up 1.4%. While NAB, WBC and ANZ hit 52-week highs.…
Wall Street edged lower overnight as attention turned to forthcoming economic indicators potentially influencing the Fed’s interest rate timeline. The S&P 500 slipped by 0.39%, the NASDAQ Composite by 0.13%, and the Dow shed 62.23 points. Notably, the S&P 500 has recorded gains in 15 of the past 17 weeks, a feat observed only once…
