Wall Street closed higher overnight as economic indicators and statements from Federal Reserve Chair Jerome…
SUMMARY Bull run not over yet. Markets head higher again. Cash in MQG for now.…
SUMMARY Powell behaved. Bond yields liked it. Relax. The NASDAQ steadied. Tuesday's sell-off didn't develop…
The NASDAQ dropped 1.65% overnight. Lithium stocks cratered again. Bitcoin even peaked. We have gone “Risk Off” for a day.
ASX 200 closes up 9 at 7734 (0.1%), turning positive as GDP number disappoints and hopes for a rate cut brought forward.
Banks in favour.
US equities fell sharply overnight, pressured by a fall in megacap growth companies like Apple…
Sold some GMD yesterday on the gold rush.
Lithium in focus.
Cettire – Good article in AFR.
On the Couch preview with UCP Tech analyst.
SUMMARY Wall St sells off lead by the NASDAQ. Has the short-term top hit? Daily…
Was that the Big Tech Top? Far too early to say. And Nvidia was up. Our Futures only down 10 – a lack of Tech helps sometimes. Cynicism over China’s “meaningless” 5% GDP target. Concerns for Tesla’s and Apple’s Chinese sales. Lithium smashed again – Albermarle exploits the froth. Goldman predicts 25% fall in lithium from here. Short covering rally won’t last. Bond yields conming down nicely. Powell speaks 2am Thursday morning. Bitcoin tops out for a day. Lots of ex-dividends again.
ASX 200 flips to close at 7734 up 9 (+0.1%), turning positive as GDP number…