Balanced & Growth Recommendation – JLG AGM Update
Johns Lyng Group JLG:ASX AGM Trading Update
November 2024
Pre-Market Pulse 13th November – US Stock rally stalls ahead of Inflation data
Stocks took a breather from their recent melt-up Tuesday, pressured by a surge in Treasury yields just a day ahead of fresh inflation data.
Closing Bell 11th November: ASX lower dragged lower by Gold miners. Paladin falls on reduced production
The S&P/ASX 200 is down 0.6% or 47 points at 8218 near midday AEDT, extending Monday’s 0.4% decline. Mining stocks dropped 2%, with BHP down 2.1% to $40.77 after iron ore prices slipped 1.7% to around $US100 per tonne. Gold miners faced sharp losses as spot gold fell 2.3% to $US2622.62, prompting a sell-off in West African Resources, Emerald Resources, and Bellevue Gold, each down over 5%. Energy stocks also declined by 1%.
Pre-Market Pulse 12th November – Stocks mixed in quiet session for Veterans Day
Stocks were mixed overnight with the Russell (small-caps) and the Dow reaching fresh records, with the focus turning to upcoming inflation data and a slew of Federal Reserve speakers.
Balanced Portfolio – ADD to Graincorp GNC:ASX
With Graincorp earnings this Thursday, we expect a near record crop volumes due to favourable conditions on the eastern seaboard
Closing Bell 11th November: Endeavour Group falls after profit warning. ASX lower as China stimulus disappoints
The S&P/ASX 200 fell 0.4% (36.3 points) to 8258.8 by midday, pressured by China’s underwhelming stimulus measures, which impacted already weakened mining and energy stocks. This dip followed last week’s 2.2% rally, spurred by a Wall Street surge after Donald Trump’s decisive election win.
JTrader: 10th November 2024: Dr Pippa Malmgren on Macrovoices Podcast
Erik Townsend (Macrovoices) interviews Dr Pippa Malmgren: Recorded 5th November 2024
JTrader: 10th November 2024: Doomberg on Outlier Podcast
Erik Smolinsky (Outlier Podcast) interviews Doomberg: Recorded 8th November 2024
Pre-Market Pulse 11th November – Post-election rally shows no sign of slowing
Wall Street’s post-election rally shows no signs of slowing down as the S&P 500, Nasdaq 100, and Dow Jones Industrial Average all closed at record highs on Friday.
Glossary of Mining Terminology
Mining can be a confusing area to invest if you don’t know the “Lingo” this glossary will help you navigate through the technical jargon with ease.
Understanding the Mining Investment Life Cycle – The Lassonde Curve
The Lassonde Curve is a valuable tool for investors in the mining sector, particularly those interested in junior exploration companies. Named after Pierre Lassonde, a prominent figure in the mining industry, this curve illustrates the typical life cycle of a mining project and its corresponding value creation
Understanding Mining Methods: A Key to Successful Mining Investments
In the world of mining investments, understanding the various mining methods is crucial for assessing the viability, safety, and profitability of projects. This knowledge is not just technical; it’s fundamental to making informed investment decisions in the mining sector.