Tuesday, May 2, 2023

Finspiration Australia.

 3/4/23.  Wednesday Morning Finspiration Report.

U.S. declines with banks and energy leading to the downside.


Dow Jones -1.08%.  SP500 -1.1%.  Nasdaq -1.08%.  Mid Caps -1.43%.  Small Caps -1.9%.  Banks -4.47%.

SP500.


Monday's doji candle stick evolved into Tuesday's bearish candle stock.  

Short-term the SP500 is bearish.  It looks like the big punters are betting on an unfavourable result from the Fed meeting due tonight (Ox time).  The market expects a small rise in the Fed's interest rate - guidance is debatable - but Tuesday's action is looking pessimistic.

Commodities.

Commodities Index -2.27%.  Energy -4.22%.  Base Metals -1.76%.  Agriculture -0.92%.  Gold +1.93%.

After ten minutes of trading, XJO is down -0.6%.

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Finspiration Australia. 14/11/23. Tues. Morning Report.

Mixed Results in New York.  Energy up. NAB ex-dividend today. Dow Jones +0.16%.  SP500 -0.08%.  Nasdaq -0.11%.  Small Caps -0.07%.  Banks -0...