All three major indexes in the US closed sharply lower overnight, near worst levels, as…
SMALL CAP PORTFOLIO 2.30pm Update – News in The Australian suggests that Brookfield is working…
ACTION TODAY – Selling AKE and MIN in the Ideas Portfolio. Risk off again today. Market plagued by higher for longer again. Bond yields up again on strong data.
Middle East tension not helping sentiment. Oil price up. Gold up.
Morgan Stanley belted on results (-6.8%).
Good Netflix results (+12%). Tesla margin pressures.
Nvidia down 8% in two days.
Lithium stocks hammered overnight on BoA lithium price downgrade.
TECHNICAL SUMMARY Finally buy signals on CSL and RMD from oversold levels. Healthcare sector has…
ASX 200 dropped 96 points to 6982 (1.4%) as a broad sell-off hit the market…
ASX 200 – Recent rally has failed to break the downtrend. Qantas (QAN) – In a sentiment hole and still going down. One day it’ll bounce. FMG – Three brokers with sell recommendations yesterday but the share price still goes up. HUB – FUM numbers see it hit all-time highs. Healthcare sector – Oversold and no end in sight as GLP-1 wreaks havoc on CSL and RMD.
SUMMARY Bond yields higher and higher. Recent ASX 200 index rally failing to break the…
Wall Street’s major indexes finished mixed overnight, losing earlier gains to end near flatline amid…
SMALL CAP PORTFOLIO 3.06pm Update – Ausbiz The Call from Lunchtime. 3.00pm Updates I am…
Wall Street finished sharply higher overnight, ending near best levels on optimism about the upcoming…