The ASX 200 closed down 38 points to 7038 (-0.5%), snapping a two-day advance as US futures…
SPI Futures down 7 as the Dow rises 43. Concerns about China are eerily spreading and iron ore is going down.
Getting hard to make money as the market trends lower for longer in the face of bond yields doing the opposite. ASX 200 down 28 at Midday. Resources, Tech and REITs on the nose as bond yields rise.
Market closes down 38. Can’t win a trick.
Wall Street finished higher overnight despite rising bond yields. The Dow Jones finished near best…
SUMMARY Government bodies expressing Chinese economic concerns – bit odd. Iron ore tops out – Wouldn’t…
A lot of oversold stocks – a Buy signal on Telstra – sell signals on US markets
The buying in our market on Friday hasn’t followed through today. Sell signals on the US markets. We are in cash in all our active portfolios.
ASX up 8 points having been down 46 – another session of constant buying from the lows. Iron ore a weak spot.