Monthly Archives: March 2022

S&P 500 snaps 4-day winning streak, MQG, ABB, RHC on watch today: ASX to edge higher

31 Mar 2022 - Wall St took a breather today, closing in the red after several strong days of gains, and two straight weeks of gains. The S&P 500 snapped its four day winning streak after we saw dip buyers in the prior session, bidding up the tech sector, the most beaten down sector. This comes amid quarterly rebalancing and quarterly company earnings next month.

S&P gains for a 3rd day, Costa, Sims, Janus Henderson, Westpac, CBA, NAB on watch today: ASX to rise

29 Mar 2022 - Wall St turns higher after recession fears recede, following a weak finish around the globe. China announced a lockdown in Shanghai following a surge in Covid-19 cases as it maintains its zero Covid-19 stance, sending oil prices and energy stocks lower. A deep dive on what a soft landing is. AUD under 75 cents ahead of retail sales data today.

S&P 500 gains 8% in 2-weeks, best run since 2020, Rio, FMG, Macquarie, Scentre on watch: ASX to rise

28 Mar 2022 - Global markets closed mixed on Friday, rising US treasury bond yields boosted financials though hurt growth stocks while rising commodity prices limited losses. An attack at Saudi Arabia’s oil company Aramco in Jeddah sent oil prices higher. ASX closed higher for the 2nd week in a row. Explanation of an inverted yield curve and last week's bond movement. Review of what’s ahead for the week and stocks to watch today.

Wall St recoup losses on rebound, NAB, Atlas Arteria, Premier, Uniti on watch today: ASX to rise

25 Mar 2022 - Wall St rebounded, Europe and Asia was mixed after the ASX rallied for its third day in a row as western leaders met in a medley of talks in Brussels to discuss further means to end Putin's war on Ukraine. The US expanded its sanctions on Russia, targeting the members of the country’s parliament and the gold reserves. Washington warned it would enforce export controls if Russia imports chips from China.