Futures down but everything else up. Three options for looking after your own Super. Jobs numbers dent rate cut hopes. Coming up next week – CPI numbers, Easter and CBA pays its dividend. A look at Webjet (WEB – we hold) pops on Strategy Day. Stock market flying and we don’t hold Macquarie (MQG).
Quiet day as we roll into Easter next week – Fat and Happy – will the market ever crack?
My mobile was lying next to me rumbling away on speaker phone. I have taken…
ASX finished the week down 11 points at 7771 (0.2%).
The index rose 1.3% for the week.
USD strength weighs in Resources.
ASX finished the week down 11 points at 7771 (0.2%).
The index rose 1.3% for the week.
USD strength hurts resoeurces.
Webjet (WEB) held its Strategy Day investor presentation yesterday. Well received by the market, the…
Stock updates.
Fed tilts a little. No real surprises.
Lithium looking better. Uranium too.
Copper stocks in focus.
Where do the ideas come from?
Its all on this morning. The Fed Meeting didn’t change anything for the worse – dovish, three cuts coming – as desired (see below). US markets have discounted the three, not four cuts message already. Bond yields dropped 1.6bp and 8.1bp (10Y and 2Y). SPI Futures up 47 after a 7 point drop in the ASX 200 yesterday. Dow Jones up 400.
SUMMARY Bond yields down, tech up, gold up, bitcoin up, lithium stocks higher. Risk goes…