US markets closed out the week mixed on Friday, with the Dow up 26 points…
ASX 200 dropped 33 points to 7116 (0.5%) as results dominated. Banks slid on WBC NIM woes down to $170.88 (-0.9%) for the basket.
Nothing much to report overnight. Dow Jones up 26 points overnight. Up 112 at best.…
All of this week’s Members’ podcasts in one place.
SUMMARY Cash is King for another day. Sell signals on US markets, finally. A look…
Updated last at 10.59am with A11 announcement Previous update Livewire Video with Alex Pollak. 2.45pm…
We have caught the knife buying RMD for a trade after a 25% collapse in the share price, which, as you can see below, has broken a long-term uptrend. That sell-off came after recent results (August7 2023) which missed sales forecast by 2% and saw margins down 2.1% to 55.8%. Margins were the issue, although they were only 0.3% below expectations. Brokers adjusted numbers downwards after the results to account for narrower margins and higher costs (inflation). Risks include Philips getting back into the market and suggestions that weight loss drugs could take off which would reduce the need for OSA devices.
US equities close in the red overnight for the third straight day as a global bond market selloff intensified and tamped down enthusiasm for tech.
US equities close in the red overnight for the third straight day as a global…