Indices: Australian ASX 200
The ASX200 surrendered early solid gains yesterday as it took direction from the US futures slow meander lower, we finally ended the day down just 0.2%. Overall when compared to the last few weeks it felt like a pretty quiet session with a +2.5% gain by the Tech Sector the main standout on the day while the banks experienced a rare day in the red, less than 3% of the main…
The ASX200 outperformed most global indices last week rallying impressively towards its February high, a level which may be breached this morning following Fridays solid performance on Wall Street. We’ve held a net bullish / “buy the dip” stance through 2022 which feels the right approach as the markets set to test its February 7350 this morning, short-term the market looks & feels great with the 7600 level feeling a…
