Australian shares fall sharply with retailers and banks hit hard by rising living costs and dampened consumer spending, signaling tougher economic times ahead.
Economic Calendar – May 2024 Economic Calendar – May 2024 Monday Tuesday Wednesday Thursday Friday Saturday Sunday 29🏦[All Day] JP
Another quiet night in markets as stock ended flat due to a bounce in Treasury yields and earnings disappointments from ARM, AirBnB, Uber and Shopify
Perpetual drops on KKR takeover. XJO flat in quiet trade
It was a quiet night in markets as equities finished mixed as investors continued to digest a slew of corporate earnings including weak subscriber growth from Disney
RBA leaves rates on hold, stocks continue to rally. AGL jumps on results. ANZ announces stock buyback
This action secures a solid 25% profit on half of our investment, aligning with our initial risk management and profit-taking strategy. By locking in gains, we protect our portfolio against unforeseen market volatilities while capitalizing on our successful positioning.
We are now starting to see opportunities in quality companies that have a high yield, reasonable price and growth prospects over the medium to long term
Sell 7% BHYB to buy 4% WOW and 3% BHP
The recent legislative changes in the U.S., banning the import of Russian enriched uranium, have precipitated a notable shift in the uranium market dynamics.
Equities started the week on the front foot Monday as revived hopes for a September Federal Reserve interest rate cut triggered a sea of green across Wall Street.
Real Estate and Technology help push XJO Higher. Westpac and Big 4 also higher
We recommend buying shares of Macquarie Group Limited (MQG) based on its appealing technical indicators, relative undervaluation within the banking sector, and attractive dividend yield.
