Australian (ASX) Stock Market Forum

Tomorrow's trading on the ASX?

all swell

The S&P/ASX 200 closed 31.0 points higher, up 0.41%.
We bounced.
A bit.
Hardly anything, really.
Is the glass half full or empty
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another day at office.
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The S&P/ASX 200 closed 19.2 points higher, up 0.25%
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ASX 200 dips on another hit to energy ..... mining stocks, uranium and gold fare worst

The S&P/ASX 200 closed 17.8 points lower, down 0.23%
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ASX 200 futures are trading 81 points higher, up 1.06% .

Major US benchmarks jumped overnight, with the Nasdaq and S&P 500 both up more than 2% after jobless claims data fell more than expected. Most key sectors and stocks trended higher to close the overnight session at best levels.

August reporting season ramps up with results from Newscorp, Life360, QBE Insurance, Nick Scali and REA Group
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ASX 200 dips on another hit to energy ..... mining stocks, uranium and gold fare worst

The S&P/ASX 200 closed 17.8 points lower, down 0.23%
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All my preferred stocks 😬
 
woo-woo

The S&P/ASX 200 closed 95.7 points higher, up 1.25%.

What a week! The Bad, the Ugly, and today, the Good.
A very tidy 95.7 points to the better on the benchmark S&P/ASX 200, and if 7 is your lucky number, today's close of 7777.7 is a good omen!
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Market Index - Monday Morning Wrap

ASX 200 futures are trading 59 points higher, up 0.76% as of 8:30 am AEST.

The S&P 500 ended higher on Friday and was little changed for the week, the world's largest chipmaker TSMC says July revenue has surged 45% on AI demand, big investors are snapping up shares after last week's selloff and reporting season kicks up another gear (and we've got all the key numbers you need to look out for).
Let's dive in.

 
let the reporting flurry begin

S&P/ASX 200 closed 36.0 points higher, up 0.46%.

Last week we had two major missteps backwards, and since and including today, it's been a series of small steps forward.
The current rally, although encouraging, still has a long way to go to reaffirm investors confidence that the Australian stock market deserves to again trade at new highs in the near future.

 
Market Index - Tuesday Morning Wrap

ASX 200 futures are trading flat at 8:30 am AEST.

Major US benchmarks closed around breakeven ahead of key inflation data, gold prices hit a record high as tensions escalating in the Middle East, Speculation continues over sale of Albermale stake in Greenbushes lithium mine to IGO plus more FY24 results to flow through this morning.
Let's dive in.

 
Among reporting companies, CSL fell 4.4 per cent, Seek dropped 8.5 per cent, James Hardie down 1.7 per cent, Netwealth fell 6.4 per cent but Challenger jumped 6.4 per cent.

Orora soared 17 per cent to $2.22 after rejecting a $2.55/share bid from Loan Star.

JB Hi-Fi gained 2.7 per cent on broker upgrades after reporting on Monday.

Sims Group leapt 10 per cent after selling UK Metals to Unimetal for GBP195m.

Major banks rose 0.7-1.8 per cent with ANZ the strongest as UBS upgraded ANZ and Westpac based on estimates of their capital return potential.

ASX 200 +0.17%
All Ords +0.17%
Small Ords +0.45%
All Tech +0.08%
Resources +0.43%
 
and fleshing it out
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financials, energy and gold up, as lithium selloff enters dangerous new phase

The S&P/ASX 200 closed 13.1 points higher, up 0.17%.

 
Market Index - Tuesday Evening Wrap

The S&P/ASX 200 closed 13.1 points higher, up 0.17%.

It was another small, hard-fought gain on the S&P/ASX 200 – but we'll take it!
Gold and financial stocks were clear winners today, and Energy stocks staged a rare but welcome bounce.
One sector of the market suffered acutely, however. ASX lithium stocks have had a tough time for a long time, we know – but selling in the sector took on an extra degree of desperation today.
There's plenty of results to discuss, as well as several dozen broker moves, plus technical analysis that points to a potentially imminent breakout in the gold price.
Let's dive in!

 
sartorially elegant.
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ASX 200 futures are trading 57 points higher, up 0.73%.

Major US benchmarks rallied as better-than-expected producer inflation data reinforced rate cut expectations, Bank of America's latest fund manager survey shows a slight pullback in optimism but soft landing expectations intact and reporting season continues to heat up with results from names including Commonwealth Bank, AGL Energy and Pro Medicus.


 
fizzer.
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The S&P/ASX 200 closed 23.9 points higher, up 0.31%.

Lithium prices are in meltdown mode in China at the moment, and I gotta say, that’s not a clickbait exaggeration. The iron ore price decline is nowhere near as spectacular as the lithium one, but it’s starting to get a bit pointy...

These were the dominant themes propelling the ever-ailing Resources sector lower again today. The results in terms of share price moves among affected stocks wasn't pretty.
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.The S&P/ASX 200 closed 14.8 points higher, up 0.19%.

A slender gain, but a gain nonetheless. Most sectors outperformed the benchmark ASX 200's performance today, so that implies there were a handful of stocks that did really poorly to drag the broader index back...

The iron ore plunge saga continues..... and then there's the lithium plunge saga. There are also ... broker updates today as .. Australia's biggest research houses tweak their numbers for the dozens of stocks now reported.
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first up, anyone in cash, in the sidelines, getting nervous or twitchy??

Australian shares are set to post a strong session and rise for a sixth straight day, as positive US retail sales helped stocks rise around the world..

The S&P 500 index closed within 2.2 per cent of its record level, reversing nearly all of last week’s dramatic slump. The tech-heavy Nasdaq added 2.3 per cent led higher by a 4 per cent surge for AI bellwether Nvidia. ASX futures are up 1 per cent.

Walmart, a barometer of the US economy, added to the optimism after its profit beat expectations and its shares soared. The retail giant also raised its forecast for sales for the full year.
 
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