Tomorrow's trading on the ASX?

[Dona Ferentes]

Australia's third largest lender by market value Westpac $WBC reported net profit attributable of $6.99 billion for the year ended September 30, compared with $7.20 billion reported last year and an LSEG estimate of $6.50 billion. #ausecon #auspol
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CommSec

@commsec
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Westpac Banking Corp $WBC reported a 3% fall in annual profit on Monday, due to rising costs and intense competition in the mortgage market, while it increased its buyback program by an additional $1 billion. #ausecon #auspol

wrong thread too much clutter .. put in Westpac

 

[Knobby22]

Bit of election fear kicking in?

 

[divs4ever]

Bit of election fear kicking in?

a time for marshmallows and popcorn i suspect , maybe some earplugs as well

but i expect plenty of histrionics , distractions and eventually more can-kicking

 

[divs4ever]

actually there may be some disappointment if the RBA doesn't cut rates ( but i think they will hold steady )

 

[Knobby22]

actually there may be some disappointment if the RBA doesn't cut rates ( but i think they will hold steady )

I would not cut if I was them before the USA election result.

 

[Dona Ferentes]

slept in
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The S&P/ASX 200 closed 45.8 points higher, up 0.56%.

This is going to be one of the most dangerous weeks for stocks in 2024. Three central bank meetings (including one here and one in the USA), as well as the small matter of the US presidential election are on tap for investors.

Granted, those central bank interest rate moves are largely anticipated, but post-meeting press conference rhetoric could still create substantial volatility in markets...
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Evening Wrap: ASX 200 starts dangerous week on strong note as tech, health, and banks rise, uranium stocks sag on uranium price drop

#asx #asxnews #shares #sharemarket #stocks #stockmarket #uranium #lithium #ironore #copper #gold #silver #investing #trading #marketwrap This is going to be one of the most dangerous weeks for stocks in 2024. Three central bank meetings (including one here and one in the USA), as well as the...

www.marketindex.com.au

 

[Dona Ferentes]

ASX 200 futures are trading 34 points lower, down 0.41%.

Major US benchmarks finished lower in a session marked by caution ahead of the US election as well as the Fed's interest rate decision and China's NPC meeting, oil prices rallied after the OPEC delayed its production cut while the local sharemarket is expected to see dampened risk appetite as investors brace for a volatile week.
Let's dive in.
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Morning Wrap: ASX 200 set to fall, S&P 500 lower as investors brace for election + RBA set to hold

ASX 200 futures are trading 34 points lower, down 0.41%, as of 8:30 am AEDT.

www.marketindex.com.au

 

[Dona Ferentes]

The S&P/ASX 200 closed 32.8 points lower, down 0.40%.

All 11 of the major ASX sectors plus the Gold sub-index were down today – but only the gold sector fell by more than one percent.
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Evening Wrap: ASX 200 can't back a winner ahead of this week's biggest race

#asx #asxnews #shares #sharemarket #stocks #stockmarket #uranium #lithium #ironore #copper #gold #silver #investing #trading #marketwrap All 11 of the major ASX sectors plus the Gold sub-index were down today – but only the gold sector fell by more than one percent. There were no major themes...

www.marketindex.com.au

 

[Dona Ferentes]

ASX 200 futures are trading 55 points higher, up 0.67%

Buckle up – Major US benchmarks rallied and closed near best levels as investors positioned for election results, which will begin flowing through around 11 am AEDT. The ASX 200 is set to follow and open higher but the local sharemarket has historically averaged a 1.8% intraday range on US election days
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Morning Wrap: ASX 200 to rise, S&P 500 has best day in six weeks ahead of US election results

ASX 200 futures are trading 55 points higher, up 0.67%, as of 8:30 am AEDT.

www.marketindex.com.au

 

[Dona Ferentes]

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The S&P/ASX 200 closed 67.7 points higher, up 0.83%.

..and this is how it went...


Today's ASX winners and losers were clearly delineated: Perceived Trump-win beneficiaries vs Perceived Trump-win losers.
Trump-win beneficiaries include those stocks with large US sourced earnings, as a Trump presidency and what looks likely to be a Congressional sweep, is perceived to be more bullish than any form of Harris win.
Losers, mining and energy stocks took a hit (Hint: those invested in battery metals stocks might prefer NOT to...).

Evening Wrap: ASX 200 cheers likely Trump win (except mining, especially battery metals stocks which got belted!)

#asx #asxnews #shares #sharemarket #stocks #stockmarket #battery #EV #batterymetals #trump #election2024 #uranium #lithium #ironore #copper #gold #silver #investing #trading #marketwrap Today's ASX winners and losers were clearly delineated: Perceived Trump-win beneficiaries vs Perceived...

www.marketindex.com.au

 

[farmerge]

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The S&P/ASX 200 closed 67.7 points higher, up 0.83%.

..and this is how it went...
View attachment 187456

Today's ASX winners and losers were clearly delineated: Perceived Trump-win beneficiaries vs Perceived Trump-win losers.
Trump-win beneficiaries include those stocks with large US sourced earnings, as a Trump presidency and what looks likely to be a Congressional sweep, is perceived to be more bullish than any form of Harris win.
Losers, mining and energy stocks took a hit (Hint: those invested in battery metals stocks might prefer NOT to...).

Evening Wrap: ASX 200 cheers likely Trump win (except mining, especially battery metals stocks which got belted!)

#asx #asxnews #shares #sharemarket #stocks #stockmarket #battery #EV #batterymetals #trump #election2024 #uranium #lithium #ironore #copper #gold #silver #investing #trading #marketwrap Today's ASX winners and losers were clearly delineated: Perceived Trump-win beneficiaries vs Perceived...

www.marketindex.com.au

It will be interesting to see how the market reacts tomorrow at opening here,

 

[qldfrog]

It will be interesting to see how the market reacts tomorrow at opening here,

probably jumping if NY jumps, until some bright sparcs realise that what is good for the USA may not be good for Australia

 

[Dona Ferentes]

ASX 200 futures are trading 31 points higher, up 0.37%.

What a wild overnight session – Major US benchmarks surged to record levels, the Russell 2000 added an unprecedented 5.8%, bond yields and the US dollar surged on Trump deficit, wage and inflation concerns, commodity prices sold off sharply and NAB reported a solid FY24 result this morning
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Morning Wrap: ASX 200 to rise + S&P 500, Dow and Nasdaq soar to record levels on Trump win

ASX 200 futures are trading 31 points higher, up 0.37%, as of 8:30 am AEDT.

www.marketindex.com.au

 

[farmerge]

ASX 200 futures are trading 31 points higher, up 0.37%.

What a wild overnight session – Major US benchmarks surged to record levels, the Russell 2000 added an unprecedented 5.8%, bond yields and the US dollar surged on Trump deficit, wage and inflation concerns, commodity prices sold off sharply and NAB reported a solid FY24 result this morning
.

Morning Wrap: ASX 200 to rise + S&P 500, Dow and Nasdaq soar to record levels on Trump win

ASX 200 futures are trading 31 points higher, up 0.37%, as of 8:30 am AEDT.

www.marketindex.com.au

Looking at my Watchlist and the ASX graph, it would appear that we are not aligned to the Wally Street's overnight surge!!!!!

 

[divs4ever]

not particularly closely , not

a few stocks got 'a Trump boost ' , but not as many as one might imagine

i would have thought gold miners would have held firm