OzRant for Friday, July 24th
All Ords up modestly (+0.54%); volume above average with breadth evenly split: sector indices mixed. NZSE50 up 40 points (1.4%); Nikkei around 9950 (up about 170, or 1.7%) and Hang Seng up just under 100 points to a little over 19900, having spiked early in the session to above 20k. Gold at $950 an ounce, [...]
OzRant for Thursday, July 23rd
All Ords up modestly; volume above average and breadth favours the gainers: sector indices mixed.Template for prefatory remarks… test test test gfdsjhkjlo fdasreryuikh test test test Ijust added this
OzRant for Wednesday, July 22nd
All Ords up modestly; volume above average and breadth favours the gainers: sector indices mixed. NZSE50 up about 1%, Nikkei up a little over 60 points (0.6%), and Hong Kong’s HSI up about 140 points to about 19650. Gold nudging $950, Oil above $65.50 (front month has changed to September… we need CLU9 at $66.30 to [...]
OzRant for Tuesday, July 21st
All Ords up modestly; volume above average with breadth evenly split: sector indices mixed.Template for prefatory remarks…
OzRant for Monday, July 20th
All Ords posts solid 1.37gain; volume above average and breadth favours the gainers: every sector index rose.Template for prefatory remarks… testing if this updates….And now testing if this line gets added…And now a third… this will be the big test… lah lah lah
OzRant for Friday, July 17th
All Ords up modestly; volume above average and breadth favours the gainers: sectors mixed with a slight downside bias. NZSE50 squeaks out a 2-point advance, Nikkei up about 50, Honk Kong’s Hang Seng trying to hold on to an earlier 200-point moonshot. Gold and Oil both off slightly compared to their US day-session closes, as [...]
OzRant for Thursday, July 16th
All Ords posts solid 1.79% gain; volume above average and breadth favours the gainers: one sector declines. NZSE50 up 40 points; Tokyo’s Nikkei only holding onto 50 points of its early 200-point-plus advance; Hang Seng up 200 but will off its highs and looking soggy. There was no economic data of note released in the [...]
OzRant for Wednesday, July 15th
All Ords posts solid 1.52% gain; volume above average and breadth favours the gainers: every sector index rose. NZSE50 up about 10, Nikkei basically UNCH, and Hong Kong’s Hang Seng on a near-300pt tear. Gold above $927/oz, Crude above $61/bl. The entire western world continues to operate in violation of the Bullshit Principle: that is, [...]
OzRant for Tuesday, July 14th
All Ords rockets on below-average volume and breadth favours the gainers: one sector declines. Folks who bought today in the expectation that happy days are here again, are going to be disappointed. The US rally last night will be reversed – hard – and quickly. Nobody seems to have processed what it means when the [...]
OzRant for Monday, July 13th
Ords slides 1.39% on below-average volume and losers dominate breadth stats: sector indices down across the board. Fortescue (FMG) issued an activity report that exceeded its prior guidance, while the Ten (TEN) network’s parent is reaping the consequences of forcing the worst kind of crap onto vidscreens… while Seven ups its presence on the register [...]
