EPISODE · Feb 2, 2022 · 11 MIN
Bear in the big unaffordable house 🐻
from The COB from ausbiz
The local market opened higher and stayed there, and while most sectors were in the green nothing really shot the lights out. Energy and materials led the way higher; a broker upgrade was behind Champion Iron’s near-6% pop. At the other end, yesterday’s upbeat Credit Corp report was sold into, closing down 6%. While after a good run, profit-taking saw Block slice 6% off the share price. PayPal’s disappointing report weighed on the BNPL space. As we await more central bank action tomorrow night and non-farm payrolls on Friday, the S&P/ASX200 closed up 82 points or 1.2%.Our top three VODs: Stock and sector picks for this bear marketBuy, Hold and Sell the Australian reporting seasonIs Earlypay underpromising to overdeliver? Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The local market opened higher and stayed there, and while most sectors were in the green nothing really shot the lights out. Energy and materials led the way higher; a broker upgrade was behind Champion Iron’s near-6% pop. At the other end, yesterday’s upbeat Credit Corp report was sold into, closing down 6%. While after a good run, profit-taking saw Block slice 6% off the share price. PayPal’s disappointing report weighed on the BNPL space. As we await more central bank action tomorrow night and non-farm payrolls on Friday, the S&P/ASX200 closed up 82 points or 1.2%.Our top three VODs: Stock and sector picks for this bear marketBuy, Hold and Sell the Australian reporting seasonIs Earlypay underpromising to overdeliver? Hosted on Acast. See acast.com/privacy for more information.
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Bear in the big unaffordable house 🐻
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