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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…
Feb 26, 2021
Top Stories Today, October 13, the ASX 200 continued its post-budget rally with a 1% jump to a seven month high of 6196. It’s now above the recent trading range and at it’s highest point since early March, just before the 30% oil sell-off when Russia and Saudi Arabia disagreed. Global markets are still counting on…
Feb 26, 2021
Top Stories Today, October 9 the ASX 200 was flat after four positive days moved the market to 6102 and closer to the top end of the four-month trading range 5750 to 6150. The “kitchen sink” budget and the RBA are providing the necessary financial support for the economy to get to the other side of this pandemic hopefully. Global…
Feb 26, 2021
Courtesy of the Pastoral Times, Deniliquin.
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