Australian (ASX) Stock Market Forum

Tomorrow's trading on the ASX?

jittery? because some sectors are lifting but not all?

Anyhow, nice to see daily movements are 1 per cent or less...
Materials and Energy dragging...iron ore up at this present time, but the sps aren't obliging...
105.75

( +1.12/1.07%)

Real estate ok....got out of one at first opportunity...............
CommSec

@CommSec
·
3h

European shares rose on Wednesday, with the rate-sensitive real estate sector jumping 2.5% after a cool US inflation reading increased hopes that the Fed could kick-off its policy easing cycle. The continent-wide FTSEurofirst 300 index rose 1%. The UK FTSE 100 index gained 0.8%.

Feel less lonely today, Dona...used 3 bullets yesterday, one hit its target...hope you are well
 
ASX 200 futures are trading 8 points lower, down -0.10% as of 8:30 am AEST.

The S&P 500 and Nasdaq had another record setting day after cooler-than-expected US producer price data and bumper earnings from Broadcom.

 
Catch up time - Thanks for the links and updates @Dona Ferentes. :xyxthumbs

Market Index - Friday Evening Wrap

The S&P/ASX 200 closed 25.4 points lower, down 0.33%.

A disappointing end to a disappointing week for Aussie investors.
Especially after last week's gains promised so much!
Was it a case that global equities tumbled? That interest rates went up, or the propect they would, increased?
Nope, actually, it was kinda the exact opposite on all points.
So, why were we so lousy this week?
Commodities prices have plenty to do with it. But outside of that, it was just a serious failure to launch for Aussie stocks. Let's hope that next week brings a substantially better result!
Let's dive in!

 
Market Index - Monday Morning Wrap

ASX 200 futures are trading 17 points lower, down 0.22% as of 8:30 am AEST.

The Nasdaq marked its fifth consecutive record close on Friday while the rest of the market struggled for direction.
Let's dive in.

 
Market Index - Monday Evening Wrap

The S&P/ASX 200 closed 24 points lower, down 0.31%.

So often over the last few weeks, we’ve seen most sectors up or most sectors down during a session.
Today, 5 of the 11 major sectors were up, and 6 were down. This lack of decisiveness, the small daily trading range, and general lack of news and moves even at a stock level – speaks of an overwhelming malaise among investors in Aussie stocks.
Possibly, key commodity prices on the decline, international investors are looking elsewhere. Their selling is possible too much for the general ebb of demand from local passive super funds.
Or it’s just a case of let’s wait and see.
If you thought last week was a big one with respect to major economic data pressure points (Aussie employment, US CPI, and a Fed meeting), this week makes last week look like kindergarten.
Today’s malaise might be the norm until we get past three central bank meetings (our own RBA’s included), a deluge of global manufacturing and services data, and data on US retail sales and housing market.
But for a description of exactly how the paint dried today on the ASX…
Let's dive in!

 
Market Index - Tuesday Morning Wrap

ASX 200 futures are trading 29 points higher, up 0.37% as of 8:30 am AEST.

The S&P 500 and Nasdaq logged another all-time high while the Dow snapped a four-day losing streak, China's economic data continues to flag headwinds for commodity markets, copper closes at its lowest level since late April, a major Fortescue holder is looking to offload $1.1 billion and brokers flock to initiate coverage of Life360 after its Nasdaq debut.
Let's dive in.

 
so, with some money in acct now, should I buy local, or will this US rally falter and bring us all lower?
 
so, with some money in acct now, should I buy local, or will this US rally falter and bring us all lower?
RBA decision at 2.30pm, oil up last night, SPI up, ?? a brief reprieve for oil shares?

Iron ore down the last I saw.

Sectors down overnight were health, real estate and utilities......good luck everyone
 
Market Index - Tuesday Evening Wrap

The S&P/ASX 200 closed 77.8 points higher, up 1.01%.

Finally…a gain befitting Aussie investors. Something to get excited about.
Well, if you can get excited about recouping the last couple days of losses plus a smidge more, that is.
Still, who are we to complain? We've got mining and energy stocks and commodities are on global investors' noses at the moment.
Just how stinky are commodities? I have the exact dollar amount answer for you in this evening's update, along with the usual swathe of notable gainers, losers, broker moves, an RBA interest rate meeting, scans, and more...so:
Let's dive in!

 
Market Index - Wednesday Morning Wrap

ASX 200 futures are trading 6 points lower, down 0.07% as of 8:30 am AEST.

The S&P 500 and Nasdaq climbed to another record close overnight as Nvidia's market cap surpassed Microsoft, Bank of America's Global Fund Manager Survey says investors are the most bullish since November 2021 and Jarden issues a massive sweep of ratings and target price changes for ASX REITs.
Let's dive in.

 
Market Index - Wednesday Evening Wrap

The S&P/ASX 200 closed 8.4 points lower, down 0.11%.

The ASX 200 dipped into the red in a listless trading session as US markets are on holiday tonight in observance of Juneteenth.
Energy stocks rose on stronger uranium names – themselves powered by counterpart moves overseas Tuesday. Gold stocks also bounced.
In news, Niobium hopeful WA1 Resources (WA1) soared on well received results from its Luni project, and Firefly Metals (FFM) did similarly on well received results from its Green Bay project.
Not so good...and I feel like we're saying it too much (but spot lithium prices haven't seen an update in 27 trading sessions)...Lithium stocks. They kept sliding today...
In today's ChartWatch we try to untangle the diverging fortunes of the Energy sector with a look at Brent Crude Oil and Uranium.
Let's dive in!

 
Market Index - Thursday Morning Wrap

ASX 200 futures are trading 21 points lower, down -0.27% as of 8:30 am AEST.

The US market was closed overnight for the Juneteenth holiday, major European benchmarks ticked lower, the UK's FTSE advanced following the release of cooler-than-expected inflation data and keep an eye out for Guzman Y Gomez's debut at 12:00 pm AEST.
Note: The US indices, VIX and 10-year yield refer refer to data from the previous session.
Let's dive in.

 
Market Index - Thursday Evening Wrap

The S&P/ASX 200 closed 0.3 points lower.

-0.3 points. The Market Index ASX 200 page shows this as a change of 0.00%.
Enough said.
Let's dive in!

 
Market Index - Friday Morning Wrap

ASX 200 futures are trading 6 points higher, up 0.07% as of 8:30 am AEST.

The Dow outperformed the S&P 500 and Nasdaq overnight as big tech stocks pulled back, several commodities including gold and copper ticked higher, Guzman Y Gomez is trading higher pre-market after a massive debut on Thursday, Pilbara Minerals releases the outcomes of a pre-feasibility study and Woolworths receives a sizeable upgrade from Morgan Stanley.
Let's dive in.

 
Market Index - Friday Evening Wrap

The S&P/ASX 200 closed 26.6 points higher, up 0.34%.

Aussie investors will be relieved to see the back of this week.
It was a week that carried with it significant event risk, with plenty of important economic data and an RBA interest rate meeting.
We got through it with a win, albeit a modest one.
Today's trading was a solid vote of confidence in Aussie shares with a broad and sustained move higher.
It was good to see gold and energy stocks up and about again, as well as health care, telcos, and utilities.
Notably absent from the weekly winners list – Resources. They weren't terrible today though, unless of course we're talking about lithium stocks.
Very, very ugly there. 😭
Let's dive in!

 
Top