The S&P/ASX200 ended a few points higher on Tuesday, but it's been many moons since I've seen two points as weak and meaningless and deflating as these ones. 

The S&P/ASX200 ended a few points higher on Tuesday, but it's been many moons since I've seen two points as weak and meaningless and deflating as these ones. The fact is this is an index that recovered to be flat. Some will pin it on the RBA and its 'QE Mullet' (trimmed at the front, extensions at the back) and that's just fine. Also, going ex-dividend is an excellent expression. I myself have gone ex-div several times already today. Following suit on Tuesday were cool sounding companies like Sonic Healthcare (SHL), shedding 2.9% and Bluescope Steel (BSL) down 2.3%. My Iress semi-Pro says Chalice Mining (CHN) and Flight Centre (FLT) won Tuesday - up 6.5% and 5.8% respectfully - or in this case disrespectfully - because, really, I don't know why. Over the last five days of genuinely hard slog the index is virtually unchanged. Yes. Life imitates chart.


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