Nine names The Block 2021 sponsors including 3 new ones
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Vietnam and Australia share a strong framework for deeper ties in a contested Indo-Pacific
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Just a Flesh Wound
Clearly investors stood aside on Wednesday as the ASX200 suffered a rolling sell-down on lockdown worries, in which sector falls were largely uniform. With nothing untoward coming out from the Fed overnight, the way was clear to buy the dip from the open yesterday.
It was nonetheless blink-and-you’ll-miss-it, with the index gaining 37 points in the first twenty minutes of opening rotation and closing up 38.
Unlike Wednesday’s fall, yesterday’s rally did not include all sectors.
With the Nasdaq bouncing back on Wednesday night following Tuesday night’s plunge, technology rose 2.6%. A 5.8% rebound for Zip Co ((Z1P)) suggests maybe the BNPL stocks had been sold down enough.
Why the BlueScope Steel (ASX:BSL) share price is up 8% in a week
During this week, the steel producing company released its preliminary unaudited results.
Multi Asset Portfolio Strategist at Zecca Capital Partners
Zach is a hedge fund analyst with an extensive background in equities and portfolio management. Alongside The Motley Fool, he works in portfolio strategy with a multi-asset and multi-strategy hedge fund manager domiciled across Australia and Europe. As such, he has a unique approach to research and investing, taking a top down approach to identifying unique value propositions that sit within his circle of competence. Zach enjoys the more Foolish things in life, in addition to Rugby.