Wednesday Market Report..Another dismal day bringing up three in a row this week as we knock on the door of 5300

Henry Jennings

Wednesday Market Report..Another dismal day bringing up three in a row this week as we knock on the door of 5300. Closing down 45 at 5308.Fatigue and apathy has set in and as we approach the end of the year, punters are taking some money off the table especially in the engine room stocks of the market ie. the banks. With all the money being sucked out of the market for the pre Xmas IPO rush ,it's hardly surprising that we are seeing some weakness The big four have turned a nasty shade of red on my market map.read more at (VIEW LINK)


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Henry Jennings

Henry Jennings

Stockbroker, Marcustoday.com.au

Henry started in financial markets in London in the 80s as an option trader before coming to Sydney and spending 7 years at Macquarie Bank including a stint running equity derivatives and cash trading.For the last few years he has been a private...

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