• The ASX 200 closes down 6 points at 7375 in a see saw day. 
• AGMs dominating the market. BHP production report knocks some optimism out of the big miners, BHP down 2.0% and FMG off 1.2%. Banks were solid if uninspiring with the Big Bank Basket down to $186.17 with CBA unchanged. MQG still powering ahead up 0.9%. REITS were slightly better as bond yields eased back slightly and tech was in the frame led by APT up 2.7% and Z1P up 5.2% on broker upgrades. 
• The All -Tech Index rose 1.4%. Healthcare did well with CSL up 0.6% and FPH rising 2.7%. 
• In corporate news, TAH revealed a 17% drop in wagering business and a 2022 demerger timetable. COH has stuck to profit guidance up 1.9% and BAP flagged a solid start to FY22, rising 2.0%. 
• RBA minutes hardly raised the pulse and ANZ consumer confidence pushed higher for the sixth week. 10-year yields did ease a little but back up to 1.75% at the ASX close.

Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.

The Dow posted a modest decline but the S&P 500 clinched its longest win streak in nearly two months as US markets shook off weak China data. SPI Futures down 20 points. Get up to speed with Henry’s Breakfast Briefing.

• ASX SPI FUTURES DOWN 20 points
• US Markets mixed - Dow down 36 Nasdaq up 124 points.
• Commodities mixed. Oil eases.
• RBA Minutes today.

Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.

• The ASX 200 gave up early gains to close up 19 points at 7381. NZ CPI data saw 10-year yields spike higher and Chinese GDP miss both weighing on investors’ minds. Banks did well in this environment with CBA up 1.6% and the Big Bank Basket up to $186.55 %. MQG put on 0.5% after a broker upgrade and insurers also did ok, QBE up 1.0%. REITS though under pressure on the rate rise, SYD fell 0.4% on an update on bid and TCL flat on bond push. Healthcare stocks under pressure, CSL down 1.1% and RMD down 0.9%. Industrials under a little pressure, ALL suspended as it raises funds for a large UK acquisition. 
• Resources were the place to be. BHP rose 0.9%, FMG up 1.0% but base metals doing very well, OZL up 4.6% and SFR rising 0.5% on higher commodity prices. Oil prices continue to head higher and a bid for SXY from POSCO saw some rerating in the sector. STO up 1.4%, WPL up 0.3%. 
• Tech stocks under pressure on the yield increase, APT down 1.4% and Z1P updated the market falling 1.5%. The All-Tech Index dropped 1.4%. Travel stocks slightly positive as the economy remains on track to reopen despite high numbers still in Victoria.
•  In corporate news, SLC rose 22.2% after the sale of some of its Singaporean assets, CL1 up 61.3% on a bid from HUB -0.9%. In economic news, NZ CPI hit 4.9% annually and Chinese GDP dropped to 4.9% too.

Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.

US equities had their best week in nearly three months last week as a good start to Q3 earnings season and improving Covid trends helped overcome inflation and Fed tapering worries. SPI Futures up 31 points at the Saturday morning close. Get up to speed with Henry's Breakfast Briefing.  

• ASX SPI Futures up 31 points.
• US market firm on better corporate and economic numbers.
• Gold falls 1.7% Oil up 1%.
• Resources in focus on commodity price rises. 
• ALL launches $3.9bn UK bid and equity raising.

Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.

• The ASX 200 moved 50 points higher to 7362 (0.7%) today as banks rallied after US results, and miners did well on higher commodity prices. The Big Bank Basket moved up slightly to $184.19%. MQG up 3.7% hitting an all time high, insurers though flat on news that ASIC would be pursuing IAG. Fund managers took a beating as Judith Neilson sold down her holding of PTM as the stock fell 6.9% and PDL down 11.5% on FUM. 
• Miners were in demand, BHP up 2.8%, FMG up 2.0% though RIO fell 0.9% on production downgrades due to personnel issues. OZL also had a great day up 5.2% with gold miners mixed, NCM down 0.2% but CHN up 2.2%. 
• In the industrials, travel stocks advanced as NSW abandoned quarantine for fully vaccinated travellers, QAN up 2.0% on some excess land sales too. WEB rose 4.0% and FLT up 3.8%. Healthcare better with CSL up 0.2% and RHC riding the reopening wave up 0.8%. Tech stocks better as bond yields steady at 1.63%, APT up 1.7% and XRO doing well up 0.9%. The All-Tech Index up 1.1%. 
• In corporate news, TWE poured some sour grapes on the bulls at its AGM falling 5.4% and the Boom in a Room Conference produced some winners not least of which STM rose 22.9% on its show and tell. 
• Nothing on the economic front. Goldman Sachs results tonight. European markets opening firm.

US markets rallied overnight, with the S&P posting its biggest gain since March and Nasdaq since May. The S&P is now just ~2.3% off record level from early September. Get up to speed with Henry's Breakfast Briefing. 

• ASX SPI 200 up 46 points.
• US markets rally hard. Dow now only 2% from all time highs.
• Commodities push higher. BHP rallies 3.8% in US.
• Oil up 1%.

Win up to $3000 by picking the best performing stock on the ASX. Submit your entry for the One Stock Portfolio Competition today.

• The ASX 200 kicks 39 points higher to 7311 (0.5%) as resource stocks rally hard but a late sell off hurts. Good AGM and business updates fuel a rally. 10-year yields fall back to 1.63% and jobs number comes in as expected. 
• The big miners were all the rage as BHP rallied 0.6% FMG up 2.3% and S32 bought a copper mine in Chile hitting highs up 4.9%. Base metals were also in demand but once again lithium was the highlight with LTR and CXO seriously higher on heavy buying. Gold miners also doing well as bullion rose overnight and held gains in Asia. Higher inflation and lower interest rates, a good combo for gold miners. NCM up 2.4% and NST up 3.3% with PRU up 9.4% on a Yaoure update. 
• Industrials firmed with bond proxies in demand, TCL up 0.2% and REITs finding favour. Healthcare also in the rudest of health led by CSL up 1.0% and RHC rising 1.0%. Tech better, APT up 4.5% on Square dances and the All Tech Index rising 3.1%. Banks were weaker, the big bank basket down slightly to $183.34 %. Insurers and other financials missed out as it was all about risk and growth. 
• In corporate news, NWL went substantially higher 15.6% on FUA rising $4bn in the last quarter, WHC disappointed slightly off 2.1% and led other coal stocks lower, RBL burst down 12.5% as mask sales collapsed. 
• On the economic front, unemployment jumped to 4.6% from 4.5%. Better than expected and Fitch upgraded the local outlook to cloudy with meatballs. Or stable.

Win up to $3000 by picking the best performing stock on the ASX. Submit your entry for the One Stock Portfolio Competition today.

Dow ends flat, S&P 500 and Nasdaq snap three-session losing streak after Fed minutes point to tapering plans. SPI Futures up 50. Get up to speed with Henry's Breakfast Briefing.

• ASX 200 SPI up 50 points.
• US markets mixed. Tech stock push higher as 10-year yeilds drop.
• Energy off slightly. Gold bounces 2% Iron ore falls 4%.
• Inflation and jobs number this morning .

Win up to $3000 by picking the best performing stock on the ASX. Submit your entry for the One Stock Portfolio Competition today.

• The ASX 200 meanders around closing down 8points at 7273 (0.1%) as banks slip slightly and miners under some pressure. 
• The Big Bank Basket took its cue from BOQ which fell 4.3% on its results, CBA held its AGM and talked up tough love on lending, falling 1.6% in the process. The Basket fell to $184.94 down 1%. Insurers firmed, MQG unchanged, MFG continued its descent into darkness, down another 1.8%. Industrials were mixed, tech better led by APT up 0.8% on Square dances in the US. 
• The All-Tech Index was up 0.8% with XRO doing well. Resource stocks were mixed, uranium and lithium players were highly sought after with PDN up 18.4 % and CXO doing well up 13.1%. Gold miners had their moments, PDI recovered from the crash yesterday up 14.7%, NCM firmed 0.9% and DEG had some good drill results though rise petered out at close. Iron ore a little on the nose and coal off, BHP down 1.0% and FMG seeing traders take profits, down 5.3%. Oil and gas better with COE up 1.8% and WPL up 0.6%. Healthcare did ok, CSL the standout up 0.5%. 
• In corporate news, SGR rose 6.5% after some more IR spin on money laundering issues, ADT in a trading halt, raising a truck load of money and SFR selling out completely. In economic news, IMF downgraded Australian GDP and Treasurer Frydenberg followed suit.
  
  

Win up to $3000 by picking the best performing stock on the ASX. Submit your entry for the One Stock Portfolio Competition today.

The Dow clocked a third losing session in a row last night, although SPI Futures are pointing to a positive start. Get up to speed with Henry's Breakfast Briefing.

• ASX 200 SPI Futures up 14 points
• US markets drift lower on usual issues ahead of reporting season
• Iron ore down 6% in Asia yesterday
• Oil stays above US$80 for WTI

 
Win up to $3000 by picking the best performing stock on the ASX. Submit your entry for the One Stock Portfolio Competition today.