Today's trading on the ASX

[divs4ever]

Money is flooding into the markets today, and I hope it can hold somewhat.

Gold stocks up, iron ore miners up.


View attachment 208613

sell in May and come back St Leger's day ( technically yesterday )

“Come back on St Leger Day”: Should you buy in September?

There’s an old adage among investors which goes: “Sell in May and go away, don’t come back until St Leger Day”. Is there any truth to it?

moneyweek.com

coincidence ?

 

[Dona Ferentes]

sell in May and come back St Leger's day ( technically yesterday )

“Come back on St Leger Day”: Should you buy in September?

There’s an old adage among investors which goes: “Sell in May and go away, don’t come back until St Leger Day”. Is there any truth to it?

moneyweek.com

coincidence ?

wring theead

 

[Dona Ferentes]

SPI futures are pointing down 40 points or 0.5 per cent to 8832.
.
AUD up 0.2% to US66.85¢

Gold up to $US3689.86 an ounce
Brent oil up to $US68.50 a bbl
Iron ore up to $US106.30 a tonne
10-year Bonds: US 4.03%, Australia 4.22%

 

[TimeISmoney]

Every sector down bar energy, tried looking for some bargains in stocks that I have an interest in or top ups and niente.

I supose they're all waiting for the fed rate to drop in the US.

 

[Dona Ferentes]

SPI futures are pointing down 40 points to 8832.

Every sector down bar energy

no strength, no will

.
CBA down 0.1%, CSL down 0.4%, BHP down 1.1% and WES down 1.9%

 

[Dona Ferentes]

For the first time since December, the U.S Federal Reserve has voted 11–1 to cut interest rates, cutting rates by 25 basis points and signaling that two more cuts could be coming before the end of the year, as the country faces a faltering labor market with the lowest job growth since 2020.

ASX looking to open modestly lower, AUD is down a bit, Gold down, 10-year Bonds are up. ¿will update?

 

[Dona Ferentes]

U.S Federal Reserve has voted, cutting rates by 25 basis points and signaling two more cuts .

ASX looking to open modestly lower, AUD is down a bit, Gold down, 10-year Bonds are up. ¿will update?

Local equities are set for a softer open. Futures suggest the S&P/ASX 200 Index will fall 15 points, or 0.2 per cent, to 8839, after Wall Street’s choppy finish

AUD -0.5% to US66.52¢
Gold -0.8% to $US3659.28 an ounce
Brent oil -0.8% to $US67.92 a barrel
Iron ore -0.3% to $US105.85 a tonne
10-year yield: US 4.09% Australia 4.22%

 

[Dona Ferentes]

Futures suggest the S&P/ASX 200 Index will fall 15 points, or 0.2 per cent, to 8839

if only! a lacklustre day

.
WES flat, BHP down 0.8%, CSL down 1.4%, CBA down 2.3%

 

[Dona Ferentes]

SPI futures are pointing up 41 points or 0.5 per cent to 8838