Australian (ASX) Stock Market Forum

Storm at Sea

Ahoy Brave and Loyal Crew--

Sailing the Global Exchange is "The Greatest Sport of Them All"--
Especially when the Seas are Full of Confussion

"WEEK-ENDS are for CHAMPIONS" --
Please Enjoy and Maybe Even Learn Something New




Salute and Stay Well
HMAS  Ship of Fools.gif
 
Ahoy Brave and Loyal Crew---

Oh! What a Night it was on Wall St --
Do you want the Good News or the Bad News -- I'll give you both

NB: Captain Chuckie Dow and his 1st Mate Jonesy had a GOOD Night achieving a new PB in Blue Sky
Sailing the DOW JONES -One WEEK at a Time-&-------------One DAY at a Time -----------------&-------------5 MINUTES at a Time

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NB: Captain Standard and his 1st Mate Poors 500 had a GOODER night achieving a new PB in Blue Sky
Sailing the S&P 500 -----One WEEK at a Time--&---------------One DAY at a Time -----------------&-------------5 MINUTES at a Time
1705740263617.png

NB: Captain Nasdaq in his Top 100 had by far the GOODEST day of them all achieving the greatest new PB in Blue Sky
Sailing the NASDAQ 100 -One WEEK at a Time--&-------------One DAY at a Time -----------------&-------------5 MINUTES at a Time
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However The Bad news is that Captain Russell 's 2000 hardly found any wind at all
Sailing the Russell 2000--One WEEK at a Time--&-------------One DAY at a Time -----------------&-------------5 MINUTES at a Time
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Fear not my Brave and Loyal Crew
I have a couple of tacks I want to go over with my 1st mate

Salute and Stay Well
XYZ Yacht.GIFtbc
 

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Ahoy Brave and Loyal Crew

Probably the FIRST lesson we learn in Sailing is to CUT LOOSE any Dragging Wet Sail
Crikey! It slows you down HORRIBLY
Let's face it
Forget about all the prize monies lost
How many WET Sails can any ship drag BEFORE she finaly surrenders to the Seas?

Every Share market Index CUTS LOOSE their weakest performing Sails in a very regular time frames each year
Every Football Club Cuts its worst Player/s each year to strengthen their list

All Sports Clubs Cull their Own to Improve The Quality of Their Club/Organization

However, In "The Greatest Sport of Them All "
MOST Landlubbers are Brainwashed, Educated and heavily Enticed to to hold onto their ONCE Quality Stocks as they watch them get Demoted from say the Top20 to the Top100 and Then to the Top 200 etc etc and then sometimes to even LOST at SEA

This would not happen in any Great Sport or Bussiness but it does happen here on the Global Exchanges all over the World
Go figure!

Let's do an Ocean Trial in "Sailing the Magnificent 7 " next and see how she goes

HMAS  Ship of Fools.giftbc
 
Ahoy Brave and Loyal Crew

Sailing the MAGNIFICENT 7 in Alpabetical Order-

Is a Pleasure to Behold --Either as a Participant or as a Spectator-
This Ocean Trial PROMISES to BLOW your MIND!

Sailing the APPLE ---------------------One WEEK at a Time------------------------&----------------------One DAY at a Time
1705749983049.png

Sailing the AMAZON-----------------One WEEK at a Time------------------------&----------------------One DAY at a Time

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Sailing the GOOGLE A class----------One WEEK at a Time--------------------&----------------------One DAY at a Time
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Sailing the META Platforms ------------One WEEK at a Time-----------------&----------------------One DAY at a Time
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Sailing the MICROSOFT------------One WEEK at a Time------------------------&----------------------One DAY at a Time
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Sailing the NVIDIA-------------------One WEEK at a Time------------------------&----------------------One DAY at a Time
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AND Then We Have the TESLA

Sailing the TESLA---------------------One WEEK at a Time------------------------&----------------------One DAY at a Time

1705750652689.png
As you can all Plainly See above

TESLA has been a WET SAIL Dragging and needs to be Cut loose from the Magnificent 7--

ASAP

The More Adventurest Skippers may even Consider Buying the TESLA bear ETF (TSLQ)

Sailing the TESLA Bear ETF---------------------One WEEK at a Time---------&----------------------One DAY at a Time
1705752052986.png

Salute and Stay Well
HMAS  Ship of Fools.gif
 
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Ahoy Brave and Loyal Crew --

All Hands on Deck at Dawn -
Let's see if we can find some Wind and break-out of these Doldrums

At Dawn on the Open HOIST in Alphabetical Order

Sailing the ALU Mainsail -----------------One WEEK at a Time----------------&----------------------One DAY at a Time
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Sailing the MAQ Mainsail -----------One WEEK at a Time--------------------&----------------------One DAY at a Time
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Sailing the ACE Mid-Cap Maiden -----------One WEEK at a Time---------&----------------------One DAY at a Time

1705829287342.png
Please note: The Magnificent Rounding Kardasian Bottom on the ACE --- How could I resist such a Beauty

Sailing the PIL Storm Sail--------------------One WEEK at a Time-----------&----------------------One DAY at a Time
1705830329623.png
Salute and Gods' Speed
XYZ Yacht.GIF
 
Ahoy Brave and Loyal Crew--------HOLD on TIGHT---------Chart data is real-time, as of 22 01 2024 10:15am AEDT
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-2.5%
0.00%
2.5%
Colour is based on price performance

Salute and Gods' Speed

XYZ Yacht.GIF
 
Choppy Seas ahaed ----Wet Weather Gear is Still in Order---Chart data is real-time, as of 23 01 2024 10:43am AEDT

z1b907c0azd7b45b55c49246d5a12f05d3f2649647.png


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-2.5%
0.00%
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Colour is based on price performance

Salute and Stay Safe
XYZ Yacht.GIF
 
Ahoy Brave and Loyal Crew---------

Here Comes the "Sea-Change " we have all been waiting for-
Phew! ------------About Bloody Time!

Sailing the HANG SENG--One WEEK at a Time--&-------------One DAY at a Time -----------------&-------------5 MINUTES at a Time

1705975738242.png
God Bless those Brave Chinese

Salute and Gods' Speed
XYZ Yacht.GIF
 
Ahoy Brave and Loyal Crew --

-----All Hands on Deck ----------Things Can Only Get Better as our Old Favourites start finding Wind-----

Hoist in Quick Time on the Close at Dusk our Magnificent #3 Copper Mainsails BHP, RIO and SFR MAINSAILS

NB ; We Don't Wait in Lines

Sailing for COPPER ------One WEEK at a Time--&---------------One DAY at a Time -----------------&-------------5 MINUTES at a Time

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Sailing for BHP------One WEEK at a Time---------&----------------One DAY at a Time -----------------&-------------5 MINUTES at a Time
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Sailing the RIO ------One WEEK at a Time---------&-------------One DAY at a Time -----------------&-------------5 MINUTES at a Time

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Sailing for SFR---------One WEEK at a Time-------&---------------One DAY at a Time -----------------&-------------5 MINUTES at a Time
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Salute and Gods" Speed
XYZ Yacht.GIF
 

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Ahoy Brave and Loyal Crew---

Well done yesterday as we did not hesitate on the close at dusk
We deserve a nice opening Gap up North on the Open at Dawn Today
HOLD on TIGHT !
HOLD on VERY TIGHT!
images.jpg

U.S.Industry ETFs---------------Wed 24 Jan 24, 8:23am (AEDT)​


NAMEVALUE% CHG
Commodities
Uranium30.31+2.68%
Copper Miners35.26+2.29%
Gold Miners28.23+2.28%
Silver20.54+1.58%
Steel69.11+0.91%
Lithium & Battery Tech44.04+0.27%
Strategic Metals48.895-0.13%
Industrials
Global Jets18.525+2.35%
Agriculture21.345+1.16%
Aerospace & Defense122.42+0.20%
Construction61.4467-3.57%
Healthcare
Biotechnology136.36+0.55%
Cannabis5.41-1.99%
NAMEVALUE% CHG
Cryptocurrency
Bitcoin18.93-2.37%
Renewables
Hydrogen6.0+4.53%
CleanTech9.39+4.45%
Solar44.885+3.04%
Technology
Video Games/eSports57.3+1.49%
Electric Vehicles23.29+1.04%
E-commerce20.6401+0.95%
Sports Betting/Gaming17.57+0.68%
Semiconductor607.2+0.66%
Cloud Computing22.72+0.26%
Robotics & AI29.05-0.07%
Cybersecurity30.49-0.10%
FinTech24.3-0.33%

Salute and Gods' Speed
XYZ Yacht.GIF
 
Life at Sea is GOOD again -
We're -off to a nice start for the Day---------Chart data is real-time, as of 24 01 2024 10:19am AEDT

z1b907c0az7ab6fca3404a4a84b50d80a74e071caf.png

HeatmapLegend.png
-2.5%
0.00%
2.5%
Colour is based on price performance

Salute and Gods' Speed

XYZ Yacht.GIF
 
Traders not wasting time in profit taking. BHP down from open. SPI sliding into red.
I look forward to Watching how the Introday Gamblers / Pigs get Slaugtered
Will it be by the Chinese or
with the Arrival of our own afternoon Fremantle Doctor?

Salute and Gods' speed
XYZ Yacht.GIF

 
Looks like it's Going to be the Chinese first

Opened up ~2% at Start-of-Day
Sailing the HANG SENG -One WEEK at a Time---&---------------One DAY at a Time ----------&------5 MINUTES at a Time----NB: +2% in 20 mins


1706060801862.png
Salute and Gods' Speed
XYZ Yacht.GIF
 
Hope they hold up after news/rumours yesterday (whichever way you prefer to look at it) Hang Seng has lost a lot in a year. Technicals still a sell. Our daily graph continues to slide away....I'm logging out now...gonna take the rest of the day off and tomorrow too. Have a great long weekend, folks, keep well.
 
Ahoy Brave and Loyal Crew---------
and Now comes in the Famous and Reliable Offshore Wind "The Fremantle Doctor"

Sailing the BHP------One WEEK at a Time---------&----------------One DAY at a Time -----------------&-------------5 MINUTES at a Time
1706071466553.png
BTW sea-Cadet Esky
Long weekends are for Public Servants
They are" Not Known" at Sea Anywhere on the Global Exchange

Salute and Stay Well
XYZ Yacht.GIF
 
Ahoy Brave and Loyal Crew--
Thid is not a bad account of this Day at sea on the ASX (Stockhead)

  • ASX200 rises, then falls, and then rises again like the heaving bosom of a bodice-ripper heroine
  • Most sectors finish in the red, but Materials, Real Estate and Utilities build gains
  • Small cap leaders include Harvest Tech, flying high on selling spy tech to God-knows-who


The benchmark XJO index has eked out a hard-won gain for the day, after surging early then admitting it just wasn’t strong enough to defend itself from the onslaught of rumours that someone, somewhere, might have to pay more tax in the back end of this year.

At 4.15pm on 24 Jan, the S&P/ASX200 was ahead 3.6 points or 0.05% to 7,518.5



2024-01-24-CB-asx200.jpgChart via Marketindex.com.au


It’s been an old school Donny Brook on the ASX today. We’re back in the green by about 0.09% at 3.30pm, but they’re not just giving these gains away.

The local IT Sector isn’t playing by the rules after the Nasdaq continued its winning ways on Tuesday in New York.

Tech weighed down the local market, which cut back strong morning gains and edged into the red after lunch.

Punching for the good guys was the Materials sector, which gained over 1.5%, while Energy, Utilities and the REITs (real estate investment trusts) were the only other sectors in the green.

First up, Kogan (ASX:KGN) is laughing all the way to the cost of living crisis, with the stock up over 16% at 2pm after delivering decent beats on both gross profits and revenue for the six months to December.

Kogan also won a fine self-competition on gross margin which soared on the back of more Platform-based sales, up to 63% of gross sales as well as better profitability of in-warehouse inventory sales.

Adjusted EBITDA of $21.5 million in 1H24, representing a 38.3% beat of the consensus $15.5m estimate.

But so far it’s been all about the diggers.

Lithium miner Pilbara Minerals (ASX:pLS) has found a lazy 6% and gold miner Northern Star Resources (ASX:NST) about 5%, both rallied goodly after decent quarterly updates.

Pilbara says December quarter revenue was down by almost half on the previous three months despite a pick up in production.

Northern Star Resources, meanwhile, confirmed it’s on track to hit fiscal 2024 guidance, thanks to an “exceptional” performance at its Kalgoorlie operations.
 
Ahoy Brave and Loyal Crew---

Trouble Brewing over the Horizon (Refer to Chart below)
images.jpg

U.S. Industry ETFs----------Thu 25 Jan 24, 8:20am (AEDT)​


NAMEVALUE% CHG
Commodities
Copper Miners36.35+3.09%
Strategic Metals49.8799+2.00%
Silver20.72+0.93%
Steel69.37+0.67%
Lithium & Battery Tech44.25+0.39%
Uranium30.01-1.06%
Gold Miners27.7-1.88%
Industrials
Agriculture21.505+0.77%
Global Jets18.66+0.76%
Aerospace & Defense122.72+0.24%
Construction60.7408-1.14%
Healthcare
Biotechnology134.8-1.14%
Cannabis5.26-2.77%
NAMEVALUE% CHG
Cryptocurrency
Bitcoin19.1+0.95%
Renewables
CleanTech9.29-0.54%
Hydrogen5.9-1.67%
Solar44.05-1.87%
Technology
Semiconductor616.04+1.46%
Video Games/eSports57.86+1.03%
E-commerce20.8081+0.86%
Cloud Computing22.64-0.35%
Electric Vehicles23.2-0.39%
Robotics & AI28.86-0.65%
Sports Betting/Gaming17.47-0.68%
Cybersecurity30.25-0.79%
FinTech24.06-0.99%

US Interest Rates remain High for Ever

Sailing the US Gov 10year --------------------One WEEK at a Time-----------&----------------------One DAY at a Time

1706136461188.png

Salute and Gods' Speed
XYZ Yacht.GIF

 
Ahoy Brave and Loyal Crew

Check that all Safety Lines are in order-- There Could be some rough seas tomorrow --
Chart data is real-time, as of 25 01 2024 10:31am AEDT

z19907c0azd134956a99ba4f0c92563162271e0089.png

HeatmapLegend.png
-2.5%
0.00%
2.5%
Colour is based on price performance

Salute and Gods' speed
XYZ Yacht.GIF
 
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