Take Control: Self-Managing Your Super
There are two basic approaches to self-managing your super in the long term. And Marcus Today has invented a third.
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Technical Signals – They’re back!
TECHNICAL SUMMARY US market ETFs still overbought. Uranium stocks flying. Is it short or long term. Life in Magellan. CAR ex-dividend today and overbought. POS – Still missing deadlines. A lot of 52 week lows. Five big stocks that are oversold. They're Back – You asked for it – and as I do it, this…
Henrys Take – LTR bid raised and accepted
Liontown (LTR) have received a revised bid from Albemarle at 300c, up from 250c. The share price was at 262c. The LTR Board intend to unanimously recommend the bid in the absence of a “Superior Proposal”. So that looks like the end game. Presumably the price will settle just below 300c and sit there.
BHP Results Disappoint
Headline summary for BHP Results out this morning. Profit down 37%. Below consensus. Profits of US$13.4 billion compared to expectations of US$13.76 billion. Small misses on EPS and Dividend. Underlying EBITDA of iron ore operations -24%. Outlook statement says inflation impacts (higher costs) will continue to impact 2024. Hardly upbeat, prudently conservative. Commodity prices are…
Diary This Week
This week’s main event is RBA Meeting Minutes Tuesday, and FOMC Meeting Minutes Thursday. Domestic Reporting season kicking up another gear
Diary Next Week
This week’s main event is the US Inflation rate Thursday and CBA results Wednesday.
Diary Next Week
This week’s main event is the RBA Interest rate decision on Tuesday and US jobs data Friday.