EPISODE · Nov 30, 2021 · 12 MIN
Headline headache ends the day 🤕
from The COB from ausbiz
Outright panic morphed into a cautiously positive tone, then in the dying seconds of trading, a Financial Times report questioning the efficacy of vaccines against Omicron saw Asian stocks plummet. Top performer Collins Foods still surged by nearly 13% to a record high, thanks to finger-licking dividends and investors hungry for growth. Software company Nuix was thumped after more warnings of revenue shortfalls and mounting legal bills, closing down 12%. Tech topped the sector table, adding 1.9%, and while the energy sector was trading well over 1%, the late-breaking virus news shaved this back down to a modest gain. After ignoring today’s puzzle pieces, Q3 GDP is released tomorrow with a likely contraction of 2.7%...old news. The FT headline erased the bulk of the gains at the last minute, it close up 16 points, or 0.2%.Our top three VODs: Don't waste time hunting a 10-bagger when there's profit in boringNervous? Here are some ways to protect your portfolio into 2022Winsome Resources lists on ASX with its hard rock lithium assets Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Outright panic morphed into a cautiously positive tone, then in the dying seconds of trading, a Financial Times report questioning the efficacy of vaccines against Omicron saw Asian stocks plummet. Top performer Collins Foods still surged by nearly 13% to a record high, thanks to finger-licking dividends and investors hungry for growth. Software company Nuix was thumped after more warnings of revenue shortfalls and mounting legal bills, closing down 12%. Tech topped the sector table, adding 1.9%, and while the energy sector was trading well over 1%, the late-breaking virus news shaved this back down to a modest gain. After ignoring today’s puzzle pieces, Q3 GDP is released tomorrow with a likely contraction of 2.7%...old news. The FT headline erased the bulk of the gains at the last minute, it close up 16 points, or 0.2%.Our top three VODs: Don't waste time hunting a 10-bagger when there's profit in boringNervous? Here are some ways to protect your portfolio into 2022Winsome Resources lists on ASX with its hard rock lithium assets Hosted on Acast. See acast.com/privacy for more information.
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Headline headache ends the day 🤕
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