A booming dotcom listing leads PFP Wealth Management’s Tim Price to caution equity markets are not cheap at present relative to known threats.
Oil price upgrades from both Goldman Sachs and Morgan Stanley were about the only highlight in an otherwise choppy session. Dow down 25.
The spot uranium price drifted back last week once the market gave up on its hope that a single buyer was prepared to buy all of the US government’s selling order.
The US has taken the first step towards LNG export; Shell is set to introduce floating LNG off WA; Woodside might have found the gas it needs for Pluto 2.
European debt fears, Chinese slowing, weakening US data, and a volcano in Iceland. Haven’t we seen this movie before? Dow down 130. (Locked for subscribers until 10:00 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The sensational listing of LinkedIn stole the limelight from weak US economic data last night. Dow up 45.
A strong session overnight for stocks and commodities must be taken in the context of accurate interpretation of the Fed minutes. Dow up 80.
A glance through the latest expert views and predictions about commodities with analysts seeing the recent commodity sell-off as a correction and suggestions for playing the sector at present.
The Dow recovered from 170 points down last night to close only 68 points down, while the S&P 500 closed flat. (Locked for subscribers until 10:00 AEDT)