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Showing 41 - 50 of 68 results for "Michael McCarthy"

Market Wrap - PM

AAP  |  THURSDAY, 7 FEB 2013
... look like we might have a slightly positive impulse, and that follows the pattern of trading overnight," said Michael McCarthy, chief market strategist at CMC Markets. "We were weak in Europe and that weakness fed into US markets, but better-than-expected ...

Market Wrap - PM

AAP  |  WEDNESDAY, 23 JAN 2013
... price index futures contract was up 25 points at 4,767 with 9,034 contracts traded. CMC Markets chief strategist Michael McCarthy said the Australian market had opened higher after strong leads from Wall Street and a better than expected production report ...

Market Wrap PM

AAP  |  THURSDAY, 17 JAN 2013
... index peaked 4,750 on January 3, hitting the highest level since May 2011. CMC Markets chief market strategist Michael McCarthy said traders were being cautious on Thursday as the ASX200 index approached this key technical level. "If we don't break through ...

Market Wrap

AAP  |  TUESDAY, 27 NOV 2012
... contract was 14 points higher at 4,446 points, with 5,422 contracts traded. CMC Markets chief market strategist Michael McCarthy said Australian investors were staying on the sidelines as they waited for news from Europe regarding a bailout package for ...

Market Wrap

AAP  |  WEDNESDAY, 5 SEP 2012
... contract was 53 points lower at 4,260 points, with 16,386 contracts traded. CMC Markets chief market strategist Michael McCarthy said general trading on the local market was quiet. "We have a lot of events coming up, so volumes have been poor this week ...

Market Wrap

AAP  |  THURSDAY, 14 JUN 2012
... the glass half-empty approach to investing means, in the absence of any other factors, the market is sinking," Michael McCarthy, chief market strategist at CMC Markets, said. Local energy stocks bore the brunt of negative sentiment, with defensive stocks ...

Market Wrap

AAP  |  FRIDAY, 1 JUN 2012
... with 8,961 contracts traded. Aggressive short selling in the top ASX 200 leaders caused the market to weaken, Michael McCarthy, chief market strategist at CMC Markets said. "The top 20 stocks and the top 50 stocks have been hit a lot harder than the ...

Market Wrap

AAP  |  THURSDAY, 26 APR 2012
... futures contract was up four points at 4,392, with 7,688 contracts traded. CMC Markets chief market strategist Michael McCarthy said investors were inspired by very good leads from overseas. "Clearly the US markets were influenced by the Apple result ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 11 APR 2012
The Australian dollar has fallen on weakened euro zone markets. CMC Markets chief market strategist Michael McCarthy said the local currency had been pushed down by moves in Europe, and as the US dollar regained some strength. "There's a clear downtrend ...

Market Wrap

AAP  |  WEDNESDAY, 22 FEB 2012
... contract was five points lower at 4,268 points on a volume of 3,507 contracts. CMC Markets chief market strategist Michael McCarthy said the market remains trapped in a range due to conflicting factors influencing market activity. Concerns about the ...