MDS Financial Blog

Presented by Michael Hevern
MDSFinancial

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or

Click here to download the mp3 audio recording (1070Kb).

General Advice Only
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In this morning’s wrap…

SP500 down 0.1%
Sales & Profit Expectations at 5 Year Highs M&A Activity;

Dollar Index: Steady Around 80 Level
US$ Flat;
A$ up 90.91

FTSE: down 0.1% – Rests
Portugal Next to Fix Deficit Issues (Defict at 9.3% of GDP)
DAX & CAC flat

CHINA: up 0.7%
China: Hong Kong At 6 Week Highs;
Hang Seng up 2%;

Baltic Dry: Going Up!
Measures Transport of Bulk Commodities

Oil: up 0.4% ($82)
Accumulation

Gold: down 1% ($1120)
Commodities Mixed;
Dollar Flat

SPI Futures up 7 or 0.1% (Resistance?)
1 Year Anniversary of Historic Lows

ASX News
AGO – trading halt pending material transaction
AOE – Shell/PetroChina t/o $3bn (GS says $6.25)
BHP – coking coal prices up 55%
BOW – upgrades reserves 60%

ASX – to open marginally higher
US & UK – Subdued Session

Morning Wrap ASX News, BHP, Commodities, Crude Oil, Gold, stockmarket, trading

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (1116Kb).

General Advice Only
************************************************
In this morning’s wrap…

SP500: up 1.4% (3.1% for week)
Jobs Up; M&A Activity;
Consumer Discretionary +3.9%

NASDAQ: up 1.5% (up 3.8% for week)
18 Month High

Dollar Index: Testing Highs
US$ Lower;
A$ up 90.77

FTSE: up 1.3% (up 4.6% for week)
Miners Lead Higher; Greek Concerns Ease;
DAX & CAC +1.4%(up 5% for week)

CHINA: up 0.3% (down 0.9% for week)
China: China is World #2 Energy User to Become Net Exporter of Oil Products
Hang Seng up 1.1% (up 0.7% for week)

Oil: up 1.6% ($82) (up 2.8% for week)
Steady Rise for the week

Gold: flat ($1138) (up 1.5% for week)
Commodities Higher;
USD Lower

SPI:Critical Level(s): 4600 to 4950 (up 5% for week)
SPI up 65 (1.4%)
Positive Move Overseas

ASX News
Insurers – bracing themselves after Melbourne Storms
AOE – Shell $3bn t/o
Gold – 4Q output up 14% (Nemount’s Boddington Mine)
QRL – $2.7bn IPO set for 4Q
BHP – coking coal price up 55% from JFE Steel
ASX – to open higher
US & UK – strong finish to week

Morning Wrap ASX News, BHP, Business News, Commodities, Crude Oil, Gold, stockmarket, technical analysis, trading

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (1107Kb).

General Advice Only
************************************************
In this morning’s wrap…

SP500: up 1% (flat for Month)
Manufacturing Expands for 7th Month

NASDAQ: up 1.6% (down 0.3% for Month)
Consolidates

Dollar Index: Testing Highs
US$ Higher;
A$ up 90.11

FTSE: up 0.9% (up 3.2% for Month)
Miners & Energy Lead Higher;
DAX up 2% & CAC up 1.6%(down 1% for Month)

CHINA: up 1.2% (up 2.7% for Month)
China: Play Catch up;
Hang Seng up 2.1% (up 2.3% for Month)

Oil: down 1.1% ($79) (up 7% for Month)
Steady Rise for the Month

Gold: flat ($1117) (up 3.5% for Month)
Commodities Lower;
USD Higher

SPI:Critical Level(s): 4500 to 4750 (up 3% for Month)
SPI up 24 (0.5%)
Positive Move Overseas

ASX News
RBA – decision 2:30pm today
ABS – Jan. Retail Trade Data
MCC – roadshow on benefits of GCL t/o
LLC – raises $434m “high degree” of takeup
RIO – ups stake in Ivanhoe (Mongolian project)
ASX – to open higher
US & UK – higher after week of consolidation?

Morning Wrap ASX News, BHP, Crude Oil, Gold, stockmarket, trading

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (1128Kb).

General Advice Only
************************************************
In this morning’s wrap…

SP500: up 0.1% (down 0.5% for Week)
Fed Raised Discount Rate; But Fed Rate Remains Hold
Solid Week Despite Poor Data;

NASDAQ: up 0.2% (down 0.3% for Week)
Consolidates

Dollar Index: Testing Highs
US$ Consolidates;
A$ up 89.79

FTSE: up 1.4% (flat for Week)
Fears Douple Dip On Falling Business Investment
DAX up 1.2% & CAC up 1.9% (down 2% for Week)

CHINA: up 0.3% (up 1.1% for Week)
China: Reopens; ;
Hang Seng up 3.6% for Week

Oil: up 1.9% ($79) (down 0.4% for Week)
Volatile Week

Gold: up 1% ($1117) (down 0.5% for Week)
Commodities Higher;
USD Lower

SPI:Critical Level(s): 4500 to 4750 (down 1.2% for Week)
SPI up 16 (0.3%)
Current Support Level Critical

ASX News
WOW – 1H Profit up 11%; f’cast FY 8-11%; $400m buy-back
HVN – 1H profit up 31%; Rev Flat; with IKEA in Springvale
ANZ – Profits up 16% at 31Jan; Bad Debt Provisions down 9%
LLC – $806m capital raising

Reporting:
Mon – NUF EGM; ABS Balance of Trade Figures;
Tues – RBA rate decision
ASX – to open marginally higher
US & UK – flat after week of consolidation?

Morning Wrap ASX News, BHP, Crude Oil, DOW, Gold, stockmarket, trading

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (995Kb).

General Advice Only
***********************************************
In this morning’s wrap…

SP500 up 1.2%
Fed: Remains “accommodative”, Rates Low for “extended period”; Financials & Tech Up

Dollar Index: Rebound
US$ Flat;
A$ up 89.31

FTSE: up 0.5% – Consolidates?
UK: Financials Lead; Greek Debt Rating to be Downgraded;
DAX & CAC up 0.2%
CHINA: up 1.3%
China: First Gain in Three Days; Health & Power Producers Lead;
Hang Seng down 0.7%;

Oil: up 1.7% ($80)
Consolidating

Gold: down 0.6% ($1094)
Commodities Lower;
Dollar Flat

SPI Futures up 22 or 0.5% (Resistance?)
O/S Markets Will Drive Trading

ASX News
AIO – turnaround FY $79m profit (vs $93m 1H loss); QRL
SUN – 1H profit up 41%; cuts divy; Bank Business Weighs
VBA – turnaround FY $62m profit (vs $101m loss pcp);
ORG – CEO interviews today

Reporting:
Thu – DOW, GFF, IAG, LLC, RHC, ORG, MAP, TOL, ILU, OZL
Fri – AGL, HVN, QBE,WOW, ANZ (update)

ASX – to open higher
US & UK – positive leads

Morning Wrap ASX News, BHP, Crude Oil, RIO, stockmarket, trading

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (764Kb).

General Advice Only
***********************************************
In this morning’s wrap…

SP500 down 1.2%
IMF Warns Do Not Unwind Stimulus Just Yet;
Consumers Not So Confident

Dollar Index: Rebound
US$ Up;
A$ down 89.01

FTSE: down 0.7% – Consolidates?
UK: Energy & Miners Lead Declines;
DAX & CAC down 1.4%

CHINA: down 0.7%
China: Confused After Holiday;
Hang Seng up 1.2%;

Oil: down 1.9% ($78)
Pullback

Gold: down 0.9% ($1104)
Commodities Lower;
Dollar Higher

SPI Futures down 54 or -1.1% (Resistance?)
O/S Markets Will Drive Trading

ASX News
ALL – tough! FY loss $157m; Rev down16%;
SHL – misses but 1H Profits up 13%; F’cast FY 10%-15%
OSH – Sharp fall in Profits on lower prices & sales

Reporting:
Wed – SUN ,PBG, MOC, CNP, VBA, REX, TSE, SKE, AIO, FY:WPL, AUN
Thu – DOW, GFF, IAG, LLC, RHC, ORG, MAP, TOL, ILU, OZL
Fri – AGL, HVN, QBE,WOW, ANZ (update)

ASX – to open lower
US & UK – negative leads

Morning Wrap ASX News, BHP, Crude Oil, Gold, stockmarket, trading

Special Reports ANZ, ASX Top 20, BHP, DOW, Market Analyser, NAB, technical analysis, XJO

James Gerrish

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or

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General Advice Only

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In this morning’s wrap…Dow: down 0.2% 18 points
Financial higher
Commods lower;

FTSE: Down 6 points

Structures very positive

CHINA: Down 0.49%
Tracking down trending channel

Oil: Up again $80.20
Iran – political instability

Gold: down 0.78% or $8.70
Commodities lower – USD Higher

SPI: Critical Level(s): Down 2 points
Bounced off 200 DMA
ASX News
Results this morning for:
- Amcor
- Oil Search
- Cons Media
- Aristocrat Leisure
- GPT Group

Fairfax upbeat – Caltex pays divi
Seven – major restructure

Morning Wrap ASX, ASX News, BHP, Business News, Commodities, Crude Oil, DOW

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (997Kb).

General Advice Only
***********************************************
In this morning’s wrap…

SP500 up 0.7%
Commodities Support Move;
Momentum from Manufacturing data

Dollar Index: Rebound
US$ Flat;
A$ up 90.18

FTSE: up 0.9% – Pop Continues
UK: First Weekly Gain in a Month;
DAX & CAC up 0.6%

JAPAN: up 0.3%
Japan: Economy Improving;Autos & Airlines Weigh
Hang Seng down 0.5%;

Oil: up 2.3% ($79)
Manufacturing Data Supports Price

Gold: up 0.4% ($1123)
Commodities Higher;
Dollar Flat

SPI Futures up 45 or 1% (Resistance?)
Company Earnings Driving Market

ASX News
WES – 1H10 strong profits up 1%; Eps beats by 20% on Coles;
ASX – 1H10 profit down 2.3%; Rev up 5.7%; profits in 3Q
LGL – disappoints due to Ballarat writedowns
AMP – 1H profits up 27%- Just below; still after AXA
QAN – 1H10 profits down 72%; no interim divy;

Reporting:
Fri – BBG, CEY, HTA, PTM, PPX, NAB
ASX – to open higher
US & UK – positive leads

Morning Wrap BHP, Commodities, Crude Oil, Gold, stockmarket, trading

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

or

Click here to download the mp3 audio recording (867Kb).

General Advice Only
***********************************************
In this morning’s wrap…

SP500 up 0.4%
Fed: Reiterates Low Interest;
See Recovery is Well Underway

Dollar Index: Rebound
US$ Higher;
A$ down 89.89

FTSE: up 0.6% – Pop Continues
UK:Financials Rise; Barclay & Man Group Up;
DAX & CAC up over 1.1%
CHINA: Closed for Week
China: Currency Focus;
Hang Seng up 1.3%;

Oil: up 0.5% ($77)
Iranian Tensions;
Nuclear Plant Funding

Gold: down 0.9% ($1108)
Commodities Lower;
Dollar Higher

SPI Futures up 12 or 0.3% (Resistance?)
Miners and Financials look Consolidation

ASX News
AMP – 1H profits up 27%- Just below; still after AXA
QAN – 1H10 profits down 72%; no interim divy;
ABC – Profits up 2%
CCL – 1H10 profits up 16%; slightly below
CSL – 1H10 profits up 23%;

Reporting:
Thu – AMH, ASX, CIF, LGL, QAN, SGM, WOR, ABC, WES
Fri – CEY, HTA, PTM, PPX, NAB

ASX – to open higher
US & UK – higher

Morning Wrap ASX News, BHP, Commodities, Crude Oil, DOW, Gold, stockmarket, trading