The S&P 500 and the Dow reached record highs overnight, driven by growth and tech stocks following Nvidia's strong earnings and outlook. The Dow Jones rose by 457 points (+1.18%), the S&P 500 gained 2.11%, and the NASDAQ Composite added 2.96%. Nvidia's optimistic Q1 revenue forecast and outperformance in Q4 revenue pushed its shares higher,…
Investing is easy, just buy Nvidia. Fedspeak suggests the Fed is in no hurry. PLS results in focus. DMP- Change of mind. Retail winners/losers.
Nvidia up 16% – A Lesson in Bubbles. Block up 11% after hours on results in the US. Upgraded guidance. Australian stock market looking “so 1980s”. Stocks covered today – FMG, NST, PLS, MPL, QAN. We only hold MPL. Main Results expected today – SQ2, NEM, BXB, LTM, LYC, SFR. The China Problem – manipulating their stock market.
ASX closes off highs at 7636 up 32 points (+0.4%). Down 14 points for the week. Chip fever hit hard today with BRN, WBT and AXE all making extreme moves, Banks were firm yet again, NAB up 1.1% the best, and the Big Bank Basket up to $202.92 (+0.5%). MQG running 0.6% higher. Insurers firmed,…
SUMMARY Nvidia up 7.5% after hours on results at the top of guidance. Glad we still hold FANG, HNDQ and IHVV in the Strategy Portfolio. Busy busy busy. Busiest day of results is today. CSR gets a bid approach at 900c. Don’t hold it. RIO results – why they are irrelevant. Results of stocks we…
ASX 200 rose 3 points today to 7611 as Nvidia and results were the focus. Super Thursday. Banks eased across the board, insurers mixed SUN up 0.8%. The Big Bank Basket down to $201.82(0.2%). MQG slightly higher, up 0.5%. REITs slipped a little. Healthcare better, CSL up 0.3% and RHC up 0.5%. In the industrials,…
Overnight, the S&P 500 and Dow Jones saw slight gains, advancing 0.13% each, while the NASDAQ dipped for a third consecutive session (-0.32%), pressured by rising treasury yields after the Fed's January meeting minutes reaffirmed a cautious approach to rate cuts, as the market awaited Nvidia results after the bell. US 2Y Treasury yield rose…
SUMMARY WTC hits an all time high after jumping 11% on results yesterday. Iron Ore falls again. Staying in cash in both the BHP and MQG OSPs. NASDAQ prints a weekly sell signal. Likely to reverse tomorrow with NVIDIA up after hours. GOR hits a 52-week low as gold is sold off following the delay…
Follow the money is the result season mantra. Added two uranium stocks. Lithium stocks shrug off early losses. PLS today. CSR bid- only WGN left.
