Tomorrow's trading on the ASX?

[divs4ever]

bought some extra REP on Friday

unless something unusual happens my existing orders in the market , i should miss the targets by metres on Monday ( and probably Tuesday )

 

[Dona Ferentes]

Wee kahead

Looking to open up on Monday (I confess, it wuz me, yr 'onour)

- a 1.2 per cent advance for the S&P/ASX 200 Index last week
- FY23 performance to plus 9.7 per cent
- ASX futures looking at putting on 29 points,

 

[farmerge]

Wee kahead

Looking to open up on Monday (I confess, it wuz me, yr 'onour)

- a 1.2 per cent advance for the S&P/ASX 200 Index last week
- FY23 performance to plus 9.7 per cent
- ASX futures looking at putting on 29 points,

View attachment 159007

To much info for this tired head to take in at the moment.
Been on der tractor for the last 4 days to beat the oncoming rain events.

 

[farmerge]

To much info for this tired head to take in at the moment.
Been on der tractor for the last 4 days to beat the oncoming rain events.

Good evening rcw hope the neddies fared wll for you yesterday.
Been sittingin a haze of dust most of the day paddock rolling.
Catching up a bit on what's been said and done but now seeing double, so better call it quits while I can still see.

 

[eskys]

Hmm divs4ever I played around BBOZ quite some time ago and got badly bitten. Went against that very sage, so no-one to blame but me. Certainly not a goer as far as I am concerned. Hope that you do well, though.

Got to be careful with this one......we need to be good at gauging the market for the next day. If not, can get rolled over. Happened to me once.

In my eyes, buying this instrument is tricky. Can be an opportunistic play but I wouldn't recommend it........more like a gamble. As it happened, came upon an article this morning with a brief summary, which I agree with. ( sold BBOZ with some peanuts in my pocket)


One of the most accessible ways to short the ASX 200 is via the Australian Equities Strong Bear Hedge Fund (ASX: BBOZ).

For those that have never heard of BBOZ: It generates a magnified positive return when the ASX 200 Accumulation Index falls on a given day. Holders can expect a 2% to 2.75% increase in value for every 1% fall.

Wednesday marked the largest volumes for BBOZ since its inception in April 2015, with 41 million in volume, valued at approximately $130 million.

The interesting thing about BBOZ is that this is a product that you cannot hold for a prolonged period of time due to rebalancing affects. For example, the ASX 200 is currently ~2% off its August 2021 high. Under the BBOZ return logic, it should be up around 5% but it's actually down 18.5%. The bet suggests that someone is either hedging or betting big on a near-term selloff.

 

[eskys]

All Ords going red again....I've had enough...........have a great weekend, everyone.

A piece of information on twitter this morning:

Hong Kong and Chinese sharemarkets are trading up to 1.5% higher in early trade on Friday after China's central bank said it would increase funding support for the private sector after meeting with executives from the property industry.

 

[eskys]

Key Events

ASX corporate actions occurring today: Trading ex-div: Vicinity Centres (VCX) – $0.06, Bailador Technology (BTI) – $0.03, US Student Housing REIT (USQ) – $0.012, Steadfast Group (SDF) – $0.09, Ryder Capital (RYD) – $0.04 Dividends paid: Metcash (MTS) – $0.11, Transurban (TCL) – $0.315 Listing: None Economic calendar (AEST): 11:15 am: China Loan Prime Rat

 

[divs4ever]

picked up some RWC

got a handful ( certainly did NOT back up the truck )

i expect there will be opportunities to add in the next few years

 

[eskys]

Of all things I picked up, it's BHP, divs....watching to get out before it goes sour like my grog...don't know what's come over me, becoming reckless in my old age.

Farmerge, hope you're better. Saw your post on EDV....you're ever ready with your cattle prod. Your wife must be proud of you

 

[farmerge]

Of all things I picked up, it's BHP, divs....watching to get out before it goes sour like my grog...don't know what's come over me, becoming reckless in my old age.

Farmerge, hope you're better. Saw your post on EDV....you're ever ready with your cattle prod. Your wife must be proud of you

eskys the prod has a decent bite to it !!!!!

 

[eskys]

It, farmerge?

I've decided to make it a short trading day....out of BHP...didnt pay for all of last night's Chinese nosh, but it helped....Chinese noshes are good sedation, farmerge....you have a great day.

 

[farmerge]

It, farmerge?

I've decided to make it a short trading day....out of BHP...didnt pay for all of last night's Chinese nosh, but it helped....Chinese noshes are good sedation, farmerge....you have a great day.

eskys we are very partial to Cjinese nosh, an excellent takeaway in Straton and a self serve at the Midland Food Hall. Both owners very nice people

 

[eskys]

Self serves serve as tranquilizers, farmerge....eagerly anticipated, but knock us out.

Big day again tomorrow on the reporting front....would be nice to pick a winner....

 

[eskys]

Key Events​

ASX corporate actions occurring today:

• Trading ex-div: IPH (IPH) – $0.175, GQG Partners (GQG) – $0.02, Deterra Royalties (DRR) – $0.169, Computershare (CPU) – $0.40,Netwealth (NWL) – $0.13
• Dividends paid: None
• Listing: Cleo Diagnostics (COV) at 11:00 am

Economic calendar (AEST):
No major economic announcements.

 

[eskys]

Key Events​

ASX corporate actions occurring today:

• Trading ex-div: Downer (DOW) – $0.08, Domain (DHG) – $0.04, Mystate (MYS) – $0.115, Magellan (MFG) – $0.698, FSA Group (FSA) – $0.035, AGL Energy (AGL) – $0.23, AMP (AMP) – $0.025
• Dividends paid: None
• Listing: CurveBeam AI (CVB) at 11:00 am

Economic calendar (AEST):

• 9:00 am: Australia Manufacturing PMI
• 9:00 am: Australia Services PMI

 

[divs4ever]

ILU looks set for a dip , does anyone 'swing-trade ILU anymore ??

i don't but hold ILU will be watching for a sub $8 top u opportunity

 

[eskys]

Big swing in ILU this morning.

The All Ords graph looks like it has rocket fuel

 

[Dona Ferentes]

The All Ords graph looks like it has rocket fuel

Inclined to like it

 

[divs4ever]

Big swing in ILU this morning.

The All Ords graph looks like it has rocket fuel

trait i noticed several years back , but am not agile enough to exploit it

i hope somebody else could

 

[eskys]

trait i noticed several years back , but am not agile enough to exploit it

i hope somebody else could

Anyone can exploit that, divs. All that's required is focus. Big swings= opportunity. But first we have to pick our stocks, then hone in on it/them. (No more than 3 or I get lost, preferable 1or 2)

Have noticed big swings in a lot this morning........I only managed one...not so agile, like you said.

Edit: please do your own homework and not start throwing darts in the hope you'll hit bullseye. I can't be responsible for what others do.