SMALL CAP PORTFOLIO Last update 10.30am SUMMARY Plenty of cash and no rush as 6900…
All three major US indices closed sharply lower overnight as unrest in the Middle East, rising yields and mixed earnings weighed on market sentiment. The Dow Jones finished near worst levels, down 287 points (-0.86%). Dow up 12 points at best.
Not the best week – introducing the Investor Colours. What colour are you?
DIARY NEXT WEEK The main events coming up are Corporate, not economic. The AGM season in Australia continues…
This weeks members podcast all in one place.
ASX fell 2.7% yesterday after holding its AGM, not necessarily on the news alone as the market had a bad day also. Plenty of information conveyed during the meeting with most of it concerning the massive $250 million chess replacement right off.
Away today – no podcast from me. Labor market tight. Bond yields tight. Fed up tight.
Middle East tight.
Oil price tight.
Not a lot going right.
Cash is King for another day.
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…