Since our last update, the markets have been volatile, mainly due to the Russia-Ukraine tensions and inflation / rate rises. The Australian market seems mostly unaffected in comparison to the US. The NASDAQ fell almost 10% in the last 10 days and is almost 20% down since the November 2021…
Our first update for 2022. As we discussed in our last update, 2 months ago.. the markets were heading to all time highs and were due a correction. We are well and truly in one and what the next phase brings is going to be quite interesting. The ASX 200…
Global markets, have had a started November pretty stable before ending weakly amid scares of a new COVID variant. The ASX 200 (XJO) fell from 7,600 way down to 7,200 (a drop of 5%). Companies have completed releasing quarterly updates. The likely market correction we spoke about last month based…
Global markets, have had a weak month overall after a period of touching record highs. The ASX 200 (XJO) fell from 7,600 all the way down to 7,150 (a drop of 6.5%) and then rallied back to 7,450 before ending the month at 7,323 range. Companies are continuing to release…
Global markets, especially in the US and here are weaker and moving sideways after a period touching record highs. The ASX 200 (XJO) moved is back in the 7,500 range. Companies continue to release quarterly updates. August / moving into early September every year, seasonally tends to be a weaker period.…
Global markets, especially in the US and here are at record highs. The ASX 200 (XJO) briefly touched 7,610 yesterday before finishing around 7,500. In the short term we’re seeing a lot of companies also at highs and priced above they’re moving averages. Higher valuations mean they are more sensitive…
Global markets, including the ASX have entered a corrective phase after a period of sideways movement. Renewed lockdowns in the US and growing case numbers locally and overseas are a factor. The ASX 200 (XJO) briefly touched 7200 today and could retest the 7100 mark too. Covid beneficiaries and defensive…
The official end of the financial year. Tax returns or Tax paying time. The ASX 200 (XJO) remains close to all time highs. US markets similar. US Jobs numbers were slightly higher than expected (850k vs 700k). Wages were up slightly too. These numbers led Joe Biden to quote: “This…
And so the ‘Sell in May’ period may finally be done. The market as a whole is at record highs, but parts of it, certain sectors don’t necessarily feel that way. Short attacks on many companies, including some we hold in our folio, added to the volatility our portfolio experienced.…