Today, September 7, the ASX 200 gained 19 points to finish at 5945. Late last week the US market had a technology sell-off which led to a 187 point drop on Friday on the ASX. The market was expecting another drop today but we rallied on CSL (Aust Govt COVID vaccine) and Miners (Iron ore 6 years high). This coupled with the US having a Monday holiday (LABOR DAY)
Today, September 29 the ASX 200 was flat after the market was expecting a positive day, The index finished at 5952 which is up 76 points from the last Not So but still very much in the four-month trading range established in June.
Today, September 18 the ASX 200 dropped 19 points to finish at 5865 which is only 30 points lower than it was in the last Not So. The rollercoaster is acting as a headwind as markets catch their breath after a strong rise from March lows.
What’s your financial game plan?
What’s your financial game plan?
The US Federal Reserve Chairman Powell made a change to the inflation policy and this impacted our market with Banks and Property trusts rising while all other sectors fell as the…
This is down 11 points from the last Not So update which suggest the market is back on the rollercoaster and struggling to break out of the trading range it’s been in for the…
The newspaper headlines screamed RECESSION, but the market is focussed on the recovery and the spike in the household savings rate, which will hopefully…
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