Closing Bell 9th February: XJO slightly higher. Healthcare and Telecoms rally
XJO slightly higher. Healthcare and Telecoms rally. Uranium stocks weaker, Lithium rallies
Pre-Market Pulse 9th February – S&P500 touches 5000 and closes just under
The S&P 500 finished little changed on Thursday after briefly topping the 5,000 milestone for the first time on record.
The broad-based index edged up 0.06% to finish at 4,997.91 after reaching a high of 5,000.40 heading into the close. The Dow Jones Industrial Average rose 48.97 points, or 0.13%, to end at 38,726.33, while the Nasdaq Composite gained 0.24% to close at 15,793.71.
Traders Thoughts: 9th February – Fireside with Barry Sternlicht
Traders Thoughts: Fireside with Barry Sternlicht, Chairman & CEO, Starwood Capital Group
Closing Bell 8th February: XJO climbs higher. Financials, REITs and IT lead the way
XJO climbs higher. Financials, REITs and IT lead the way. CSL and AGL both jump on outlooks
Traders Thoughts: 8th February – Luke Gromen
Traders Thoughts: Luke maintains his view that ultimately the central banks will print. The path in between is the hard part to navigate
Balanced Portfolio Recommendation: Trim Take Profit – Graincorp (GNC)
GNC has gone parabolic. Time to trim – take profits on position. Reduce allocation by 1.5% down from 5.5% to 4%
Closing Bell 7th February: XJO bounces. China stimulus helps Materials and Real Estate sectors
XJO bounces. China markets rebound. Materials and Real Estate sectors lead the way higher
Balanced Portfolio Recommendation: Buy Worley Limited (WOR)
Adding WOR to Balanced Portfolio with a 3% allocation. WOR is a global company headquartered in Australia is a global provider of professional project and asset services in the energy, chemicals and resources sectors. As a knowledge-based service provider, they use their knowledge and capabilities to support the customers to reduce their emissions and move towards a low carbon future.
Closing Bell 6th February: RBA holds rates, keeps tightening bias. XJO lower again
XJO lower again. Utilities and Miners drag market lower
Alpha Recommendation: Close Stanmore Resources (SMR)
Stanmore Resources (SMR) Stop Loss Hit – Close – Sell
Closing Bell 5th February: XJO pulls back from record highs. Material sector drags market lower
XJO retreats from record highs. Material sector drags market low