SMALL CAP PORTFOLIO 3.00 Update Market keeps pushing higher. Happy days. LTR bouncing on AZS deal. Could it be a template for another bid from Albemarle? Another great day in NEU. AKE deal to get up. Speculative Stock of the Day: MTM Critical Metals (MTM) +100.00% Good volume on announcement of buying West Arunta Niobium…
ASX200 overbought on a daily basis. Most overbought in three years. Real Estate with a daily sell signal after a sharp rise. 5 sectors overbought on a daily basis.
Punching the Air – That means something has to go wrong – but it hasn’t yet
No changes to the portfolios today which are all performing well – Punching the Air – which means one thing….
MARKET WRAP The ASX 200 finished the day up 63 points to 7489 (+0.8%) in another strong across the board rally. RBA minutes helped, BoJ staying pat helped, and takeovers helped. Solid gains across the board. The Banks continue to march higher, CBA up 0.6% and WBC up 0.8%. The Big Bank Basket up to $189.23 (+0.5%). MQG…
The Dow Jones closed up 57 points (0.15%) on Friday night in mixed trade as it rose 2.9% for the week. Markets took a breather after a week of dovish pivots and bond yield drops saw multiple record highs. The S&P 500 closed flat, NASDAQ up 0.35% and the Russell 2000 -0.77%. The US 2Y…
SUMMARY Sold some WBT on Friday. Why do you ask two dogs? DYL gets licence. Another MT Award nomination. Ask the Analyst links.
ASX 200 lost 16 points to 7426 (0.2%) in lacklustre trade dominated by M&A activity in LNK, ABC and PSQ. Rallied off early lows. Monday M&A day ahead of Xmas break. Banks drifted lower with the Big Bank Basket unchanged at $188.20. Insurers suffered as yields fell again, QBE down 0.6% and SUN off 1.8%. Fund managers lower with REITs under pressure, GMG up 0.1% and VCX down 2.4%. Industrials w
THE WEEK THAT WAS Big week. Big pivot. Big time. Marcus returns next week. We have the hots for what’s in the box with the dots. It is fair to say this week will be seen as a watershed. The end of the higher rate cycle. Not only in the US but, I suspect, here…
