Month: May 2014
**I am currently interstate, please watch out for the weekend Hickman Report on Sunday**
** Please note we are in a presentation interstate this afternoon. Watch out for the Hickman Report this Sunday**
Traders / Hedge Funds creating opportunities for investors in FMG & BOQ
The ASX200 closed +14 points higher, with investors continuing to sit on the sidelines due to indecision as to the direction of this market.
The ASX200 had another strong day led by heavyweights BHP Billiton (BHP) and Commonwealth Bank (CBA), although closed down -2 points at 5,496 as a result of National Australia Bank (NAB), Macquarie Group (MQG) and Westpac Bank (WBC) all going ex-dividend, an equivalent to a -20 point reduction in the index.
**Commonwealth Bank (CBA) releases its March quarter update with a 3Q net profit of $2.3Bn.**
Overseas markets show their hand: how about Australia?
The ASX200 opened strongly as expected, given all-time highs again hit in the Dow overnight, up +56 points at one stage to close up +50 points.
Nickel prices are the highest in two years as Iron Ore softens, switch?
The ASX200 had an unusual open, only to normalise and close down 12 points.
Really bullish, there's more to go in the reflation rally
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