A good start with the market up 74 but now drifting as the US Futures wither during the day.
Wall Street finished sharply higher overnight, ending near best levels on optimism about the upcoming…
ASX 200 slipped from strong early gains to close up 29 points at 7056 (+0.4%) as geopolitical events hang and RBA minutes show RBA thought about a rate rise. Plenty of green on screen today with the Big Banks doing well, CBA up 0.5% and the Big Basket Basket up to $177.81 (+0.7%).
TECHNICAL SUMMARY Not too much to go on today. Some quality stocks oversold and showing…
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…
ASX 200 lost 25 points to 7027 (0.4%) as caution prevailed. It is a big week ahead with results, AGMs and economic data. Many players happy to hug the sidelines. Banks eased back with the Big Bank Basket down to $176.66 (0.5%). WBC the worst of the bunch down 0.8%. MQG off 1.4% with insurers mixed and fund managers easing. MFG fell 4.1% after moves in MGF to change its structure next year.