ASX 200 falls another 22 points today to 7393 (-0.3%) to a four-week low as banks started to slip. Late rally helping slightly. The Big Bank Basket dropped to $191.54 (-0.4%). CBA led the fall down 0.6%, with WBC off 0.7%. MQG lost 0.6%, though insurers better on higher yields. 10-year yields touched 4.21%. REITs…
US markets closed overnight for Martin Luther King Jnr Day, normal trade will resume tomorrow. US futures slightly easier. European markets finished lower overnight, with both the STOXX 50 and STOXX 600 falling over 0.5% as bond yields climbed, taking their fall this year to ~1% after ECB officials pushed back against market expectations for…
Uranium stocks smashing it. PEN target price. Takedown Tuesday. Retail is one of the targets. The Special Situation Portfolio How to save $1000 a week!
The Ideas Portfolio and One Stock Portfolios have been combined into one umbrella section named Trading Section. This will also incorporate the Technical section, subject to feedback. IDEAS PORTFOLIO Action – none today. Not feeling terribly comfortable with the oil price trend. Still holding WDS. Not doing us any harm. TLS was boring us but…
We’re back. Each Portfolio gets its own section. A look at the Post-It Notes for this year. Pretty comfortable with the market as we start 2024. Growth Portfolio kicking some goals in the break – JBH and PDN. Income Portfolio restructure pending – less stocks, more income.
ASX 200 dropped 82 points to 7415 (-1.1%) in a perfect storm as major stocks all saw sellers appear.
SUMMARY • PEN added Friday. • Uranium in focus. BHP is the third largest Uranium producer. • The Bold Predictions. • US Check Ins • On The Call today.
ASX 200 fell 2 points to 7496 in quiet trade fighting back from early small losses. Banks solid but unspectacular, the Big Bank Basket up to $193.85 (0.1%). Financials followed suit, MQG up 1.0% on Blackrock infrastructure deal and REITs doing ok, GMG up 0.6% and MGR rising 0.5%. Insurers better. Healthcare is struggling as…
US markets closed mixed on Friday night with the Dow down 118 points (-0.3%) while the S&P and NASDAQ finished near flat. The first corporate quarterly results and PPI (producer prices) were the primary news events. BofA (-1.1%) and Wells Fargo (-3.3%) dropped as their results fell short of estimates, while JPMorgan (-0.7%), despite posting…
