Rising interest rates the theme of the week. Maybe the month. A look at some interest rate winners and losers. Thought about buying SNAS. But haven’t. There is nothing precipitous going on yet. The S&P 500 is still within 1% of its high. AUD down on Chinese GDP. Resources with it. Should have bought the USD ETFs for a trade (YANK, USD), but didn’t. Can Big Tech results turn the sector. We’ll find out in the next fortnight.
SUMMARY BHP and iron ore fall on Chinese GDP data. One Stocks in Cash. AGL…
ASX 200 fell for the fifth day down around 47 points to 7347 (-0.6%). Losses…
Dow falls over 200 points as Boeing weighs. Fed’s Waller talks rate cuts later perhaps. Yields rise. AUD falls on USD strength.
Losing a bit of enthusiasm as we climb down from the peaks.
ASX 200 falls another 22 points today to 7393 (0.3%) to a four-week low as banks start to slip.
Gold miners smashed on EVN news.
Wall Street ended lower overnight after mixed earnings from Morgan Stanley and Goldman Sachs as…
• Changes to Portfolio.
• Starting the Special Situations
• What to do with the banks?
• What is the Carry Trade
• The Experts talk risks this year
• Meerkats to the rescue.
TRADING SUMMARY Not adding any Ideas trades while the market has a wobble. Selling MQG…
The markets are not starting the year well – Bond yields are rising, Equities are peaking. We’re taking some profits.