US equities finished sharply lower overnight as bond yields continue to rise, a Government shutdown looms and after consumer confidence and home sales data signalled the US economy may be finally coming under stress. The Dow Jones posted its biggest one-day percentage drop since March, finishing near worst levels, down 388 points (-1.14%), falling below…
Henry is back – not much has changed except the prices! And not for the better. Looking to take profits in LTR.
One of these ideas will separate the Titans from the Mere Mortals.
Cashed up with nothing to do but wait for the bottom.
Wall Street finished higher overnight despite rising bond yields. The Dow Jones finished near best levels, up 43 points (+0.13%). Up 54 points at best. Down 183 points at worst. The S&P 500 snapped a four-day slide, rising 0.40%, and the NASDAQ ended the day 0.45% higher, with Amazon gaining 1.7% after the company announced…
SUMMARY Government bodies expressing Chinese economic concerns – bit odd. Iron ore tops out – Wouldn’t be buying resources. Higher for Longer means lower for longer. The Six Traits of the Retiree investor. Lithium down. Cobalt is going nowhere until 2027. Lithium down again. Rare Earths supply doubles in China. Inflation hurdles this week. MARCUS STRATEGY No…
A lot of oversold stocks – a Buy signal on Telstra – sell signals on US markets
The ASX 200 closed down 38 points to 7038 (-0.5%), snapping a two-day advance as US futures fell. Almost all sectors finished in the red. Healthcare the top performer today. RMD bounced, up 2.3%, RHC up 0.9%, and CSL gained 1.0%. Financials gained ground in afternoon trade, finishing in positive territory. The Big Four Banks were mostly up. ANZ…
