Down one day, up the next, up in the morning and down in the afternoon. Dow up 32. (Accessible only for subscribers before 10:15 AEST)
A pullback of Russian troops and more soothing words from the Fed gave blue chips a boost last night while the Nasdaq rout continued. Dow up 117. (Accessible only for subscribers before 10:15 AEST)
Aluminium is heading for deficit in JP Morgan’s view. Consolidation is Bell Potter’s theme for the Oz nickel sector, while Macquarie sees some value in mid cap energy stocks.
When nothing much else is going on and one high profile stock starts getting dumped, the mood becomes infectious. Dow down 129. (Accessible only for subscribers before 10:15 AEST)
Heightened tensions over Russia’s involvement in Ukraine underpins the outlook for crude, nickel and gold. Uranium remains in the doldrums while coal is beset by supply.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Putin is now warning of energy retaliation while US markets set themselves for tonight’s jobs number. Dow down 21. (Accessible only for subscribers before 10:15 AEST)
The Dow hit a new all-time high last night despite a weak US GDP and nothing new from the Fed. Dow up 45. (Accessible only for subscribers before 10:15 AEST)
The Chartist reports Oil Search is close to confirming a break-up that would send the share price into new upside territory.
The Dow again came close to a new all-time high last night as the Ukraine situation eased and Wall Street set itself ahead of a Fed meeting and barrage of global data from tonight. (Accessible only for subscribers before 10:15 AEST)