Wall Street’s major indexes finished mixed overnight, losing earlier gains to end near flatline amid…
SMALL CAP PORTFOLIO 3.06pm Update – Ausbiz The Call from Lunchtime. 3.00pm Updates I am…
ASX 200 – Recent rally has failed to break the downtrend. Qantas (QAN) – In a sentiment hole and still going down. One day it’ll bounce. FMG – Three brokers with sell recommendations yesterday but the share price still goes up. HUB – FUM numbers see it hit all-time highs. Healthcare sector – Oversold and no end in sight as GLP-1 wreaks havoc on CSL and RMD.
SUMMARY Bond yields higher and higher. Recent ASX 200 index rally failing to break the…
TPG popped 5.6% yesterday on news Vocus Group had commenced debt talks for the acquisition of TPG’s Fibre assets. Macquarie and Aware Super (the owners), are looking to finance ~$6bn in debt for their non-binding indicative bid announced at the start of August.
SMALL CAP PORTFOLIO SUMMARY Added a small positon in GMD yesterday. The MGFO punt pays…
MARCUS STRATEGY Struggled with this section today – there are mixed messages on the macro…
ASX 200 slipped from strong early gains to close up 29 points at 7056 (+0.4%)…
Telstra held its AGM today and confirmed guidance. The share price was up a touch…
RIO's AGM was well received. The stock is up 2.4% first thing, double BHP's move…