healius

Sentiment shifts US market rallies, JB Hi-Fi (ASX:JBH) sold off, Seek (ASX:SEK) under short attack It’s looking like a tough end to October after what has been a very strong month.  The ASX 200 (ASX:XJO) fell 1.6% on Thursday due to a weak global lead.  As highlighted, new economic restrictions are combining with a market…

RBA: Recession is over, ASX200 slumps 1.7%, stronger open ahead The ASX 200 (ASX:XJO) finished off the day’s lows falling 1.7% on Tuesday after a weak global lead.  The good news in Victoria is being offset by a raft of new lockdown measures across Europe and signs the pandemic is unlikely to slow soon.  On…

Another negative week for the ASX, Trump-Biden debate, Link (ASX:LNK) undervalued The ASX 200 (ASX:XJO) finished 0.1% lower on Friday keeping the index in negative territory for the week, down 0.2%.  The IT sector was the highlight, adding 1.8%, behind strength in Afterpay (ASX:APT), Zip Co (ASX:Z1P) and Link Administration (ASX:LNK).  Management of LNK responded to the $5.20…

Volatility continues, ASX pares losses, Healius (ASX:HLS) delivers, AMP (ASX:AMP) sold off, positive morning ahead The ASX 200 (ASX:XJO) pared early losses to finish down just 0.3% on Wednesday, with oil prices the biggest detractor.  The oil sector fell 1.8% as oil prices pushed lower on concern of weaker demand.  Woodside Petroleum Ltd (ASX:WPL) reported quarterly production had…