Posts Tagged ‘finance markets’
Wednesday, March 17th, 2010
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (861Kb).
General Advice Only
***********************************************
In this morning s wrap
SP500 up 0.5%
S&P Miners & Financials Recover;
Feb. Reiterates Rates on Hold;
NASDAQ up 0.7% Bargain Hunting?
Dollar Index: Steady Around 80 Level
US$ Lower;
A$ up 92.04
CRB: Measures a Basket of Commodities
Recovers
FTSE: up 0.5% – Resistance?
Europe Progresses Greek Solution;
DAX & CAC up 1.2%
CHINA: up 0.5%
China: Bargain Hunters Step in Banks/Airlines/Techs;
Hang Seng down 0.3%
Oil: up 2.4% ($82)
Running Into Resistance?
Gold: up 0.5% ($1127)
Commodities Lower;
Dollar Higher
SPI Futures up 35 or 0.7% (Resistance?)
China Faces 60% Rise in Iron Ore Prices
ASX News
RIO Competition for Chinalco JVs talks on $12bn Guinea Project (Africa)
TLS $1.5bn Eurobond sale repay 2020
NAB – $1.3bn in losses (2yrs) (troubled credit instruments -CDOs)
SEV court clears merger shareholders lose 8.5% on deal
RBA concerns over skill labour shortage
Reports ABS Dec QTR Dwellings; Westpac Econ. Activity
ASX to open higher
US & Europe positive leads
Tags: ASX News, Crude Oil, finance markets, gold, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Friday, July 17th, 2009
MDSFinancial Morning Wrap
17th July 2009
Presented by James Gerrish
General Advice Only **********************************************
In this morning s wrap
DOW: up 1.11%
Roubini; economic optimism
JP Morgan beat the street
NASDAQ: up 1.19%
Google; better profit/ lower revenue growth
IBM; upgraded full year forcast
FTSE: up 0.35%
Banks Upbeat
DAX up 58% & CAC up 79%
Oil: up 0.40% ($62.25)
Buoyed by optimism of recovery
Gold: down 0.4% ($935)
Predicting a bounce in US dollar;
SPI: Critical Level(s): 4090
SPI up 31 points
Set for More Gains
ASX News
Banks Face $1.8 tax liability
CMJ To exit S&P/ASX 100 Index
MIG Cuts asset values
Materials & Energy stocks to continue
ASX to open higher
US & UK positive leads
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or
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Tags: Add new tag, ASX, Commodities, Crude Oil, Dow, finance markets, finance news, FTSE, S&P 500, share market
Posted in Stock Market Analysis | No Comments
Monday, July 6th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (930Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: Closed (down 2.7% for Week)
Down Ahead of Earnings
NASDAQ: Closed (down 2.6% for Week)
Profit Taking
FTSE: Flat 0.1% (flat for Week)
DAX down 1.4% & CAC up 0.1%
NIKKEI: down 0.6% (down 1% for Week)
Korea: Samsung Eng. $2.6 Billion Algerian Order;
Hang Seng up 0.1%
Oil: Down 0.1% ($65)
Profit Taking;
Possible Double Top Setup
Gold: down 0.3% ($931)
Commodities Lower;
USD Higher
SPI up 7 (0.2%)
Down 3% for Week
SPI: Critical Level(s): 3850 to 4050
ASX News
RIO Now to concentrate on Pilbara JV (BHP);
Banks to cut dividends; EPS down 20%; Profits down 6%; Capital Raising Dilutes Shareholders
STO Resource rich but Cash Poor;
SUN ANZ & NAB interested in banking assets
Materials & Energy stocks flat;
Banks see weakness
ASX to open flat;
US & UK UK Flat; US closed for 4th July
Tags: ASX, ASX News, finance markets, gold, Rio Tinto, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Thursday, May 28th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (1046Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: down 2.1%
GM $US27bn Debt Plan Fails (Going to ZERO)
NASDAQ: down 1.1%
Microsoft – Yahoo Talks?
BroadCom up 3.6%
FTSE: up 0.1%
House Prices to Fall 14%
DAX up 0.3% & CAC up 0.7%
NIKKEI: up 1.4%
Financials Weigh (down ~2%); Toshiba (#3) Raises $US3bn
Hang Seng up 5.2%
Oil: up 1.6% ($63)
OPEC Meeting
(Output on Hold)
Gold: up 0.5% ($956)
Commodities Mixed;
USD Lower (4 month Lows)
SPI down 29 (-0.8%)
SPI: Critical Level(s): 3850 to 3600
ASX News
ANZ $2.5bn capital raising RBS Asian Assets
BHP Kloppers caution about signs of recovery
Skilled Jobs Ads down over 60% in year
QAN cuts Jobs; delaying new planes
CTX to buy 302 petrol stations from Mobil
AAX – $78 contract in Indonesia
Golds to see further profit taking
Materials, Financials and Energy to trade lower
ASX to open lower; US & UK bears back
Tags: ASX News, BHP, finance markets, finance news, FTSE, gold, Rio Tinto, stock market, stockmarket
Posted in Stock Market Analysis | No Comments
Thursday, May 21st, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (1131Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: down 0.6%
Fed: Cuts Growth Forecasts; Profit Taking;
BoA Raises $13.5bn;
NASDAQ: down 0.4%
HP 1Q Profit down 17%;
Sales Down; Jobs Cut
FTSE: down 0.3%
Financials Weigh;
DAX up 1.6% & CAC up 1.3%
NIKKEI: up 0.6 %
YoY GDP Contracts 15% (Falling 4% Q/Q)
Hang Seng down 0.4%;
Oil: up 3% ($61)
New Highs
US Inventories Down
Gold: up 1.4% ($937)
Commodities Mixed;
USD Lower
SPI up 2 (0.1%)
SPI: Critical Level(s): 3850
Fine Balance
ASX News
JHX Net Op. Profits falls 44%;divy cut- inline
LNN 1H09 profit up 7%
RIO Chinalco deal revamp
ILU – $470m new mine in SA s Eucla Basin (2010)
ABB Viterra Inc (CAN) ($1.6bn) sees more consolidation
Raisings rumour $1bn for ANZ & AMC
Results 1H AWB (~50%); LNN (+7%); 09 JHX
Financials to weigh
Materials, Golds and Energy to recover
ASX to open positive; US holds course
Tags: ASX News, Crude Oil, finance markets, gold, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Thursday, May 14th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (960Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: -2.7%
April Retail Sales down 0.4%;
Rally Loses Momentum
NASDAQ: down 3%
Apple Down 10% in a Week
FTSE: down 2.1%
Financials & Miners Weigh; Heavy Profit Taking
DAX down 2.6% & CAC down 2.1%
NIKKEI: up 0.5%
Sony: Sales -14%;Cuts 1600 Jobs;$US1.2bn Restructure
Hang Seng down 0.6%; China Exports & Imports -23%;
Oil: down 1.4% ($58)
Off Six Month Highs;
Though US Inventories Down
Gold: up 0.3% ($929)
Commodities Lower;
USD Higher
SPI down 86 (-2.2%)
SPI: Critical Levels: 4000 & 3800
Support Broken
ASX News
RIO rights issue?
NAB UK Clydesdale Bank rating cut (A1)
CBA 3Q09 cash $1.15bn; cuts Divy 25%; Cash ROE 15%
STO raises $3bn
CSR Annual Loss $325m; EBIT -17%; Sales up 8%
Coal Seam Gas stocks benefited most post Budget Night
Materials, Financials to weigh
Golds and Energy to weigh
ASX to open lower; US reality bites
Tags: ASX News, Commodity prices, Dow, economy, finance markets, gold, Rio Tinto, stock market, trading
Posted in Stock Market Analysis | No Comments
Tuesday, May 12th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (1005Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: down 1.8%
Stress Test: $75bn Needed;
Banks Rush to Raise
NASDAQ: flat +0.1%
Profit Taking;
Oracle up 1.3%
FTSE: down 0.6%
Financials & Miners Weigh;
DAX down 1.2% & CAC down 1.9%
NIKKEI: up 0.2%
Japan Air: Cuts 1200 Jobs; Toyota to Cut Production
Hang Seng down 1.7%; China April Consumer Prices fall 1.5%
Oil: flat (-0.2%) ($58)
Economies Recovering?
Gold: flat (-0.3%) ($914)
Commodities Lower;
USD Higher
SPI down 51 (1.3%)
SPI: Critical Levels: 4000 & 3800
ASX200 off 6 month Highs
ASX News
STO Raises $3bn for LNG expansions: 2 for 5 rights at $12.50 (27% disc)
OSH likely to follow in raising capital
LNN Kirin takeover not till Oct-09
IPL 1H09 Profits down 41% (cuts forecast)
ASX please explain: LEI; AIO
Budget jitters – $59bn deficit (& counting)
Materials, Financials and Energy to weigh
ASX to open lower; US Rush for Cash
Tags: ASX News, finance markets, FTSE, gold, market wrap, oil price, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Thursday, May 7th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (1009Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: up 1.2%
Stress Test: BoA, Citi, Banks to need Capital;
4 Month High;
NASDAQ: up 0.3%
Cisco up 3.4% 3Q Profits Beat Estimates
FTSE: up 1.4%
Approaching 2009 Highs;
DAX up 0.6% & CAC up 1.8%
NIKKEI: (CLOSED)
MSCI Asia Index up 12% in April;
Hang Seng up 2.5%
Oil: up 4% – At $56
US Inventories
Surprisingly Lower
Gold: up 1.6% ($910)
Commodities Higher;
USD Lower
SPI up 67 (1.6%)
SPI: Critical Levels: 4000 & 3800
ASX200 Hits 6 month Highs
ASX News
DJS 3Q09 sales -9%; no change to guidance
NWS net profit inline (NDS Group sale); operating profits down 47%
LGL 1.2Moz this year & up to 1.5Moz future
BHP to miss iron ore prod n of 130mt
Employment figures Thursday
Materials, Financials and Energy to be recover
Golds to recover
ASX to open higher; US UnStressed
Tags: ASX News, Commodities, Commodity prices, finance markets, market wrap, stock market, trading
Posted in Stock Market Analysis | No Comments
Wednesday, May 6th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (1002Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: down 0.2%
Geithner: Sees Recovery to Start by Years End;
Stress Test: 18 of 19 Banks to need Capital
NASDAQ: down 0.5% – (up 12% YTD)
Yahoo up 3.9% (6 month High)
FTSE: up 2.2% (Catchup)
3 Month High ;
DAX down 1% & CAC down 0.1%
NIKKEI: up 1.6%
Up 28% since March Low
Hang Seng up 0.3%
Oil: up 0.1% – At $54
US Inventories
at 18 Year Highs?;
Gold: down 6% ($896)
Commodities Mixed;
USD Lower
SPI up 10 (0.3%)
SPI: Critical Levels: 4000 & 3800
ASX200 Hits 6 month Highs
ASX News
RIO Closer to resolving Chinalco bid (up 83% YTD cf BHP up 12%)
WBC 1H09 profit $2.18bn inline (down 6%); impairment charges triple to $1.6bn
ANZ XDiv 46c 7-May; $1bn bond issue
Employment figures Thursday
Materials, Financials and Energy to be flat
Golds to weigh
ASX to open higher; US Beating Earnings
Tags: ASX News, Commodities, Dow, Finance, finance markets, oil price, Rio Tinto, shareholders, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Thursday, April 23rd, 2009
Presented by Michael Hevern
MDS Financial
Click here to watch the presentation.
General Advice Only
*************************************************
In this morning s wrap
DOW: down 1.1%
Morgan Stanley Disappoints ($177m Loss);
Concerns Over Upcoming Stress Tests
NASDAQ: flat 0.1%
Apple Continues to Outperform (Q profit +15%);
Ebay Beats Forecasts
FTSE: up 1.1%
Deficit Widens; Unemployment Soars to 1.7m
DAX up 2.1% & CAC up 1.8%
NIKKEI: down 2.4%
Losses Driven by Financials after IMF Report;
Hang Seng down 2.7%
Oil: down 0.6% – At $48
US Inventories Up
Gold: up 0.8% ($890)
Commodities Mixed;
USD Higher
SPI down 12 (0.3%)
SPI: Critical Levels: 3800 & 3600
IMF: Aus Economy to Contract 1.4%
ASX News
- BHP Qtr production falls
- TLS Stokes has $500m of shares
- QAN Faces Delta competition for AUS-US
- Reports: CTX AGM; NCM,STO Qtr production
- FMG China s NDRC approves Hunan Valin proposal
- Materials & Financials to weigh
- Golds to hold
- ASX to open lower; US lower on MS report
- Options Expiry Today
Tags: ASX News, Business News, Commodities, economy, finance markets, market wrap, spi
Posted in Stock Market Analysis | No Comments
