Members Podcast

MARKET AT MIDDAY

• The ASX 200 is up 46 points (+0.7%) to 7005, testing the 7000 resistance level.
• Most sectors are trading higher.
• Gold is ripping higher on the back of a weaker US dollar, the sector is up 6.7%.
• Other resources are well placed today, most miners are trading higher.  
• Coal stocks are struggling again, as Whitehaven Coal (WHC) reported negative weather impacts.
• The banks can’t decide what to do, the Big Bank Basket is down 0.1% to $184.32
• National Australia Bank (NAB) is down -2.4%, reporting NIM down 6 basis points, with revenue up 8.9%.
• Technology is the worst sector, the All-Tech Index is down -1.5%.
• Dow Futures are down 45 points, following a third straight winning session last night.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

The market is up again today, the ASX 200 is up 25 points (+0.4 %) to 6959 as banks bounce back from yesterday’s fall, up 1.1%. Mining and Resources clinging onto yesterday’s gains, with BHP and FMG both up 0.1%. Westpac’s announcement not looking as bad as it first seemed yesterday as they jumped 1.7%, and The Big Bank Basket moves up 1.1% to $184.28. Gold and utilities, and healthcare are holding their own, with both sectors trading higher. Energy the worst sector, down 0.4%.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

The ASX 200 is down 5 points (-0.1%) - no man's land ahead of the US Jobs numbers tonight. The RBA’s quarterly statement on monetary policy was out today.  They downgraded GDP and upgraded inflation forecasts. Bond yields dropped on the RBA's GDP downgrade.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.