Friday, July 21, 2023

22/7/23. Saturday Finspiration Report.

 Dow Jones only just made a positive session, +0.01%, but, up for 10 days in a row.  Best run since 2017.  SP500 just positive, Nasdaq down.


 
Dow Jones +0.01%.  SP500 +0.03%.  Nasdaq -0.22%.  Mid Caps -0.22%.  Small Caps -0.33%.  Banks -0.97%.

SP500.


 
SP500 remains in an uptrend but pulling back a little.  More downside is likely - with solid support at 4462.  SP500 finished this session are 4536.  So, about another 74 points downside seems likely.  That's only -1.6% from the current level.

Commodities.

Commodities Index +0.54%.  Energy +1.36%.  Base Metals saw plenty of intra-day buying, finished up +0.16%.  Agriculture -0.18%.  Gold -0.31%.

Gold has pulled back to the 50-Day MA - look for a bounce off that line.

ASX Futures are up +0.4%, so it looks like the Oz market will open on the high side on Monday off the back of improving resources.
 

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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...