Lynas (LYC) is down 1.8% today as it releases its Q1 activity report. The highlights include:
Quarterly revenue falling from $143m to $228m and Neodymium (NdPr) production falling from 1864 tonnes to 1526 tonnes.
Wall Street’s major indexes finished lower overnight after a choppy trading session as the market…
SMALL CAP PORTFOLIO Updated LTR at 11.00am – Bgt 1% back at 184c on the…
ASX 200 managed to cling to 6900 falling 81 (-1.2%) points today. Across the board…
Our market down 87 and the jobs numbers not helping showing a tight labour market. Bond yields, poor US Results and Middle East tension doing us in.
ASX 200 dropped 96 points to 6982 (1.4%) as a broad sell-off hit the market as bond yields and Middle East conflict weighed on risk-takers. Big Banks down in the dumps, with CBA off 1.6% and the Big Bank Basket falling to $175.68 (-1.4%).
All three major indexes in the US closed sharply lower overnight, near worst levels, as…
SMALL CAP PORTFOLIO 2.30pm Update – News in The Australian suggests that Brookfield is working…
ACTION TODAY – Selling AKE and MIN in the Ideas Portfolio. Risk off again today. Market plagued by higher for longer again. Bond yields up again on strong data.
Middle East tension not helping sentiment. Oil price up. Gold up.
Morgan Stanley belted on results (-6.8%).
Good Netflix results (+12%). Tesla margin pressures.
Nvidia down 8% in two days.
Lithium stocks hammered overnight on BoA lithium price downgrade.
TECHNICAL SUMMARY Finally buy signals on CSL and RMD from oversold levels. Healthcare sector has…