Morning Report 19 Jun 24: ASX to consolidate on yesterdays gains

US sharemarkets edged higher on Tuesday in subdued pre-holiday trading as investors focused on softer-than-expected US retail sales data. Nvidia overtook Microsoft to become the world's most valuable company, with its shares climbing 3.5%. Other chip stocks also extended their recent rally, boosting the Philadelphia SE Semiconductor index by 1.4% to an all-time high. Qualcomm, Arm Holdings and Micron Technology were up between 2.2% and 8.6%. Homebuilder Lennar fell 5% after forecasting lower-than-expected third-quarter home deliveries. The Dow Jones index rose 57 points or 0.2%. The S&P 500 index gained 0.3% and the Nasdaq index added 5 points or 0.03%, both closing at record highs.
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[@unclenick1968]

Conundrum: hold or sell CBA? Market will continue sideways?

[@peewii4326]

At 24 times, it's a take profits IMHO

[@wokingimpact]

take profits and re-invest elsewhere. can always re-invest @120 for cba in recent times, or under 100 for a large downtrend.