Posts Tagged ‘oil price’
Wednesday, July 1st, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (887Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: down 1% (down 25% FY09)
Consumer Confidence Down (49 vs 55);
Schiller Home Price Index Down 18%
NASDAQ: down 0.5% (down 18% FY09)
Outperforms
FTSE: down 1.1% (down 21% FY09)
Miners & Energy Weigh;
DAX down 1.5% & CAC down 1.8%
NIKKEI: up 1.8% (down 25% FY09)
Japan: Toyota to Boost Production
Hang Seng down 0.8% (holiday)
Oil: Down 2% ($70) (down 50% FY09)
Profit Taking
Gold: down 1.1% ($927) (up 1% FY09)
Commodities Lower;
USD Higher
SPI down 24 (0.6%) (down 23% for FY09)
SPI: Critical Level(s): 3850 to 4050
ASX News
ABS May report for Retail Trade Data/Build. Approvals
PMI – Australian Performance of Manuf. Index
Materials & Energy stocks to see profit taking;
Banks to be weaker
ASX to open lower;
US & UK Weak
New Financial Year
Tags: Commodities, Dow, gold, oil price, shareholders, stockmarket
Posted in Stock Market Analysis | No Comments
Wednesday, June 24th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (709Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: down 0.2%
Commodities Lead Rebound on Lower Dollar;
Fed Decision Tonight
NASDAQ: down 0.1%
Pause Ahead of Fed;
FTSE: down 0.1%
Energy & Materials Stocks Recover
DAX up 0.3% & CAC down 0.1%
NIKKEI: down 2.8%
Hang Seng down 2.9%
Oil: up 2.7% ($69)
Despite Weakening Global Demand;
Up First Day in Five
Gold: up 0.4% ($926)
Commodities Higher ;
USD Lower
SPI: Critical Level(s): 3850 to 3650
SPI down 10
Moody s Downgrades ASX Financials
ASX News
$50bn worth of capital raisings YTD
ASX to open slightly lower;
US & UK No Direction
Reports consumer spending and the labour market due later in the week.
30-Jun just over a week away
Tags: Add new tag, ASX News, Business News, Commodities, gold price, oil price, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Tuesday, June 23rd, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (788Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: down 2.4%
World Bank Cuts Global Growth Forecast (-2.9% vs 1.7%); Broad Selling (27);
Banks down 6.6% BoA -9.7% Goodyear -7.5% – cutting prod n
NASDAQ: down 3.4%
Techs Lower
Apple Sells 1 Million New 3GS iPhones;
FTSE: down 2.6%
Energy Stocks Weigh; Anglo Says No!;
BP & Shell -3.5%; Anglo +4.6%;
DAX down 3.0% & CAC down 3.1%
Concerns re German Deficit ($US139bn debt 2010)
NIKKEI: up 0.4%
Japan: Elections/Spending/Welfare;
Toyota Expects Second Annual Loss;
Hang Seng up 0.8%
Oil: down 4.8% ($67)
Weakening Global Demand;
2 Week Lows
Gold: down 0.4% ($921)
Commodities Lower;
USD Higher
SPI down 88;
Critical Level(s): 3850 to 3600
ASX News
$50bn worth of capital raisings YTD
ASX to open broadly lower;
US & UK Bears Back
Reports housing, consumer spending and the labor market due later in the week.
Tags: ASX News, Business News, oil price, stock market, trading
Posted in Stock Market Analysis | No Comments
Thursday, June 18th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (931Kb).
General Advice Only
************************************************
In this morning s wrap
DOW: down 0.1%
S&P Downgrades Banks;
Healthcare Rise Congress Changes
NASDAQ: up 0.7%
Texas Instruments & Qualcomm Upgraded
FTSE: down 1.2%
BoE: Banks need More Capital; BoE $US204bn Stimulus
DAX down 1.9% & CAC down 1.6%
NIKKEI: up 0.9%
Japan: BoJ & Gov t See Worst of Recession Is Over;
Hang Seng down 0.5%
Oil: Flat (down -0.2%) ($71)
Iran Still Simmering in the Background
Gold: up 0.5% ($939)
Commodities Mixed;
USD Lower
SPI down 8 (0.2%);
SPI: Critical Level(s): 3850 to 4000
ASX News
OZL gets $1.8bn from Minmetals; Cash $US575m
CSR to split Sugar/Building Materials AGM 9 July
SGP to create Retirement Property Arm
MCC sees rising demand (China)
ASX to open lower;
US & UK lower
Tags: ASX News, Commodities, gold, oil price, OZ Minerals, share market, stockmarket
Posted in Stock Market Analysis | No Comments
Wednesday, June 17th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (1103Kb).
General Advice Only
************************************************
In this morning s wrap
DOW: down 1.3%
Industrial Production Down;
NASDAQ: down 1.1%
Microsoft Up 6 Days Ahead of
Windows 7 to Spark PC Upgrades
FTSE: Flat
Miners & Energy Weigh; BA Wants Workers For Free
DAX & CAC Flat
NIKKEI: down 2.9%
Japan s to Offer Loans to Fund Clean Power Plants (in US & AUS);
Hang Seng down 1.8%
Oil: Flat (down -0.2%)
Iran Still Simmering in the Background
Gold: up 0.8% ($934)
Commodities Lower;
USD Lower
SPI down 38 (1%);
SPI: Critical Level(s): 3850 to 4000
ASX News
RIO ex-Entitlement today
QAN Pressure on Trans-Pacific fares
AIO raising $2bn
RBA Still has Easing Bias
Com. Property Gov t Rejects – emergency fund
Likely to see selling early
ASX to open lower;
US & UK lower
Tags: ASX News, Business News, Commodities, Crude Oil, Dow, oil price, Rio Tinto, stockmarket
Posted in Stock Market Analysis | No Comments
Tuesday, June 16th, 2009
Presented by Michael Hevern
MDS Financial
Click here to watch the presentation.
General Advice Only
*************************************************
In this morning s wrap
DOW: down 2.1%
Recovery to Take Longer Than Hoped;
Economic Reports Tonight
NASDAQ: down 2.3%
Volumes Down;
Microsoft up 0.4%
FTSE: down 2.6%
EU lost 2million Jobs in March Quarter;
DAX down 3.5% & CAC down 3.2%
NIKKEI: down 0.95%
Sumitomo Mitsui to Raise $US9.4bn;
Hang Seng down 2.1%
Oil: down 2% ($70)
Profit Taking
Gold: down 1.3% ($927)
Commodities Lower;
USD Higher
SPI down 58;
SPI: Critical Level(s): 3850 to 4000
Bracing for Selling
ASX News
Consumer Confidence depressing in Asia-Pac
AIO to raise $2bn
RBA meeting minutes today
Rates Rise WBC up to 0.5%; NAB up
Energy and Miners to see further selling
Broadbased selling
ASX to open lower;
US & UK sell-offs
Tags: ASX News, Business News, Commodity prices, oil price, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Monday, June 15th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (874Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: up 0.3% (up 0.3% for Week)
MS & JPM to Repay TARP This Week;
Economic & Inflation Data This Week
NASDAQ: down 0.2% (up 0.3% for Week)
Microsoft Settles $US100m
Mississippi Anti-Trust
FTSE: down 0.5% (Flat for Week)
Miners Weigh;
DAX down 1.4% & CAC down 0.3%
NIKKEI: up 1.5%
Japan s Recovery Highly Dependent on Global Demand (Autos);
Hang Seng up 0.5%
Oil: down 1% ($72) (up 5.3% for Week)
Strong Week
Gold: down 1.6% ($940) (down 2% for Week)
Commodities Lower;
USD Lower
SPI: Critical Level(s): 3850 to 4000
SPI up 1 (0.01%); Up 2.6% for Week
ASX News
ABS – lending finance data for April today
RBA meeting minutes Tuesday
CBA variable rates up 10 basis points
Bond collapse again Kao Diamond Mine
Energy and Miners to see profit taking
Financials to be steady
ASX to open flat;
US & UK lacklustre
Tags: ASX News, Business News, Commodities, oil price, stockmarket, trading
Posted in Stock Market Analysis | No Comments
Friday, June 5th, 2009
Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (990Kb).
General Advice Only
*************************************************
In this morning s wrap…
DOW: up 0.9%
Energy & Financials Recover;
Economy Stabilising
NASDAQ: up 1.3%
Still Outperforms;
Employment Figures Tonight
FTSE: flat (+0.1% )
BoE Rates on Hold at 0.5%;
DAX down 1.4% & CAC flat (+0.1%)
NIKKEI: down 0.8%
Banks Rise;
Hang Seng down 0.4%
Oil: up 4.1% ($69)
GS: Crude to Reach $US85
Gold: up 1.9% ($980)
Commodities Higher;
USD Lower
SPI up 10 (0.3%);
SPI: Critical Level(s): 3850 to 4000
Financials Support
ASX News
RIO – $US15bn please (as Chinalco Proposal Fails)
MGR to raise $1.1bn (5 for 9 rights at $1 a 24% disc)
TLS rivals approach KRudd for breakup retail/wholesale
Property stocks starting to recover
Golds, Materials and Energy resume gains
Financials to recover
ASX to open higher; Ahead of Long Weekend
US & UK hold
Tags: ASX News, Business News, gold price, oil price, Rio Tinto, stockmarket, Telstra
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
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
