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
All of this week’s podcasts in one place.
THE WEEK THAT WAS Big week. Big pivot. Big time. Marcus returns next week. We…
Wall Street closed modestly higher overnight, extending weekly gains in the final hour of trade.…
SMALL CAP PORTFOLIO SUMMARY The pivot is momentous. More upside to come. US outlook update.…
94 stocks in the All Ords currently overbought on a daily basis.
No daily sell signals. The market is oversold but bullish.
Financial Sector overbought on a daily basis.
JHX hits a fresh 52-week high.
KAR prints a daily buy signal.
The Santa Clause rally is truly in after yesterday’s big gains.
No changes to Portfolios.
MQG One Stock Portfolio up 14% vs ASX200 up 4%. Timing the market is paying off.
Europe and the UK not following the Fed.
A look at what performed best yesterday.