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May 26, 2021
Top Stories Today, March 18, the ASX fell for the 2nd day in a row to finish at 6746. We are up 1% for the month, but it seems we are back in a trading range where we move between 6650 and 6900. This has been the case for much of this year, even though we…
May 26, 2021
Top Stories Today, March 10, saw the ASX rollercoaster continue after two positive days; the market dropped 57 points to close at 6714, which was slightly less than 61 points gained over the last two days. We are still positive for the month, but the main drops came from banks and resources, which have been the…
May 26, 2021
Top Stories Today, February 26, saw the ASX have a large drop of 161 points or 2.4% to finish the month at 6673. The month of February was positive up 1% but it was well above 4% a week ago. Interestingly, this is the 3rd Friday in a row where the market has a reasonable drop. We…
May 17, 2021
Top StoriesToday, February 18, the ASX was flat to finish at 6886. This was after reaching an 11.5 month or pandemic high of 6912 on Tuesday. Profit season is full-on this week with most profits being better than expected and providing some comfort to investors. Additionally, the 3rd quarter bank results have been great which has…
May 17, 2021
Top Stories Friday, February 5, the ASX finished up 75 points at 6841. This is a gain of 234 points for the week and a strong rebound from the light sell-off in the last week in January. This is the highest point since the pandemic and sets up an interesting month as companies start to…
May 17, 2021
Looking forward to a better 2021. Top Stories Today, January 25, the ASX finished with a gain of 24 points to finish at 6825. January is continuing the move higher and moving away from the technical triggers (charting). This is the highest point in 11 months, or since 25 Feb 2020 as the sell-off just started.…
May 17, 2021
Looking forward to a better 2021. Top Stories Today, January 5 the ASX finished with a small drop of 2 points to finish at 6682. However, the drop would have been bigger, given Wall St dropped over 1%, had it not been for the Resources sector, BHP up 2.9% and RIO up 2.2%. The…
May 17, 2021
Top Stories Today, October 27, the ASX 200 dropped 105 points to close at 6051 or 123 points lower than the last Not So. As mentioned in the last “Not So”, the market is waiting for the next catalyst. Overnight the US market dropped more than 2% as growing COVID numbers and uncertainty regarding the…
Feb 26, 2021
Top Stories Today, October 20, HSC started for NSW Year 12. Good luck to all!The ASX 200 dropped 45 points to close at 6185. This is after reaching a new seven month high of 6229 yesterday. Global markets had a poor night, so a pullback wasn’t a surprise given the recent strong run. The US…
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