by daktech | Apr 24, 2020 | Market Wrap
The market this week found support around 5200 after falling at the start of the week. We are looking beyond COVID 19 and focusing on the economy and how the government will fund the stimulus package. What is clear is that interest rate will stay low for years while...
by daktech | Apr 17, 2020 | Market Wrap
Another mixed week with the market closing up slightly. Most of the gains were made on Friday, given that the futures were barely positive as the start of the day I would contribute these gains to the news that we could see restrictions from COVID 19, start to be...
by daktech | Apr 9, 2020 | Market Wrap
Going into the Easter break we expected that the market to close down as investor sit on the sideline over the Easter break.Instead it continued to hold around current levels. The banks came under fire as New Zealand put in place measure to ensure better liquidity in...
by daktech | Apr 2, 2020 | Market Wrap
Last week the market closed at 4842, this week we closed up 225 points at 5067. There was more support for the market this week as it moved to it high in the middle of the week before pulling back on Friday. There is plenty of opportunity in the market to buy...
by daktech | Mar 27, 2020 | Market Wrap
The ASX 200 held its ground this week. In a falling market it provided some sweet relief, however, it did sell off in the last trading hours to end down 5.3% for the day leaving the market flat for the week. By no means do I expect that this is a bottom but it may...
