The equity market wobbled as expected on thye strong jobs numebr before it all turned around. The Dow closed up 288 (it was up 438 and it was down 273). SPI Futures up 58. If Wall Street had dropped 288 and the SPI futures were down 58 in response to the jobs number, you would have said, “Yep, that’s right”.
Wall Street finished slightly lower overnight after initial jobless claims data pointed to a resilient…
Updates 11.52am – HK Portfolio UMG has just announced a deal with the French at 500c.…
SUMMARY For Whom the Bell Tolls – The bell has rung at the bottom for…
ASX 200 rose 29 points to 6954 (+0.4%) ahead of NFPs tonight. Banks led the…
The US and Australian markets all oversold on a daily (short-term) basis. A host of sectors oversold now – Telecoms, IT, Small Ords, Healthcare, Infrastructure REITS. 140 oversold ETFs. Gold ETFS oversold. Uranium ETFs topping out. Oil price topping out. Aussie dollar ETF on a 52 week low.
Dow Jones up 127 points (0.39%) as weaker than expected ADP Employment numbers and Services…
SUMMARY Shrinking in uncertain times. Gina buys more LTR. Inevitably thoughts turn to days of…
A day on Bond Market Relief. Does one good day does not bottom the market? Is that the top of the oil price? Maybe. Is that the top for inflation? Possibly.
Is that the bottom for the Equity market? Unlikely. Still in cash.
ASX 200 shrugged off early indifference to push off the 6900 level to close at…
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