ASX 200 performs better than expected, falling only 40 points to 7051 (-0.6%). Volumes seemed light, and some…
US equities finished higher overnight after a choppy session following the release of FOMC meeting…
SMALL CAP PORTFOLIO 3.00pm Updates Nothing done today. Selected lithium stocks recovering from oversold levels.…
Buy signals on the All Ordinaries, ASX 200, S&P 500 and Nasdaq are now 4 days old. There are now MACD buy signals as well. Telstra (TLS) weekly buy signal. Again. Not often traded by Australians – but there’s a buy signal on SQ2. Qantas (QAN), anyone?. Very early short-term buy signal after dropping from 670c to 490c over the Qatar debacle (not their fault).
The Doves are still flapping – we are four days into this market rally
US equities finished higher overnight after a choppy session following the release of FOMC meeting minutes, which showed caution among policymakers, fuelling bets that rates would stay steady. The Dow edged higher, up 66 points (+0.19%). Up 143 at best. Down 127 at worst. The S&P 500 rose for a fourth straight session, up 0.43%, and the NASDAQ rose 0.71%
ASX 200 limped to a 3-point gain to 7091 (+0.04%) ahead of US CPI. Six…
Our market up again – we are four days into this rally with the US CPI number to worry about tonight
ASX 200 limped to a 3-point gain to 7091 (0.04%) ahead of US CPI. Six sessions in a row. Just. CSL was the biggest drag on the index as positive drug trials in US marred outlook for medical companies. The stock fell 6,3%, RMD down 5.3% on same effect.
CBA had its AGM yesterday – the share price dropped 0.31% (hardly changed), with one…