They bought the dip 🎢 - podcast episode cover

They bought the dip 🎢

Dec 02, 2021•13 min•Season 2Ep. 215
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

In a repeat of yesterday, soggy morning trade gave way to a brighter afternoon after the market reached the low point at midday. The tech sector closed down 1% in the wake of a poor Nasdaq lead, sending Afterpay, Xero and Zip behind the woodshed for the day. Industrials had a solid session, up 0.8%. Blue-chip banks also made the grade, Commonwealth Bank up 2.2%. Worley closed over 6% higher on not one - but two broker upgrades to 'buy.' Investors are listening. The local market was down over 53 points at midday, but in the end closed down 11 points, or -0.1%. Will non-farm payrolls matter for markets tomorrow night? It will - until it doesn’t.


Our top three VODs:

ETF Securities closing in on crypto launch

Play the long investment game with these sectors

Credit Suisse is buying the Australian cyclicals trade


Hosted on Acast. See acast.com/privacy for more information.

For the best experience, listen in Metacast app for iOS or Android