The local market is down around 1 per cent today following US markets that closed sharply lower after a higher than expected CPI number which has pushed out the time frame of the first possible rate cut.
The US S@P 500 market closed down last night after having briefly touched the 5,000 point level. Round number Itis some observers suggest.
The US dollar index is in an uptrend for now rising after the latest US CPI print.
The price of gold moved below the previous low, a sign of weakness.
IDP Education is one of a few stocks up today. It comes on the back of their earnings update.
CSL one of the punters favourites is down on news of a drug trial failure and slower earnings out of Vifor.
Commonwealth Bank is down today after the latest earnings update. Can it hold the new support level?
Investors liked the numbers from JB Hi-Fi.
One view on why tech stocks are not that overpriced.
A look at what has happened in the year of the Dragon in US markets in the past.
Disclaimer: The commentary on different charts is for general information purposes only and is not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column.
Monitor, measure, manage and maximise… Cheers Charlie.
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