The main event this week is Australia’s monthly CPI data out Wednesday. The last reading…
ASX 200 is down 20 points to 7079 (-0.3%) as the market continues to fall although…
The ASX 200 started the week down 21 points to 7079 (-0.3%), hitting 7,054, its…
Macquarie has their usual Monday EV and Lithium market update this morning. Pretty much a full house of Outperform recommendations. The only stock in its rare earth and lithium universe that has a neutral is Hastings Technology (HAS). Everything else is an outperform. Interesting if they are all an outperform, is that against the ASX 200 or is that against the lithium sector? The stocks they cover ARE the lithium sector. The definition is that the expected return is greater than 10%.
Many retirees open a bank account for dividends. Every stock they buy they do the…
I had a question from a member asking what they should do about the huge…
A Guide to getting the most out of Dividends – Every six months the results…
The life of a trader is not what most of us might imagine it to…
Low-volume night in the US dominated by Powell’s testimony (see below) which was seen as a little less hawkish. The Fed remains data dependent (seen as a positive). Tech stocks led with the NASDAQ up 1.18% and the other markets flat. The Dow Jones finished down 5 points (-0.01%) at worst down 116 points. The Bank of England raised rates by 50bp, more than expected, although the UK market (FTSE) only fell 0.76%. The odds of a Fed rate rise at the next meeting on July 26th rose from 74.4% to 76.9%. Weekly jobless numbers hit a 20 month high and the Leading Economic Index fell for the 14th time on the trot. The energy sector was the worst-performing sector on the back of a 4% fall in the oil price.
TODAY’S STORIES Sezzle Inc (SZL) – Reported an 18% increase in income to $11.6m in…