scroll

Opinion + Action

The latest views from real investors with real money in the markets.

FIND OUT MORE

ANALYSIS
OPINION
ACTION

ANALYSIS

Market Analysis

29M.AX

-0.72%

4DX.AX

7.85%

ABG.AX

AIS.AX

0.53%

AGL.AX

-2.18%

A1M.AX

-1.91%

AIZ.AX

AAI.AX

-1.56%

ALK.AX

-0.93%

A4N.AX

-0.97%

ALQ.AX

-1.32%

AMC.AX

0.17%

AOV.AX

0.42%

AMP.AX

-0.6%

AEL.AX

1.13%

ALD.AX

-0.02%

ANN.AX

0.17%

ANZ.AX

-1.62%

APA.AX

-0.87%

ARU.AX

-2.86%

ARB.AX

1.16%

ARF.AX

-1.83%

ARG.AX

-0.11%

ALL.AX

1.71%

AYA.AX

2.8%

APZ.AX

ASX.AX

-1.52%

ALX.AX

-0.22%

AUB.AX

1.89%

AIA.AX

0.3%

AXQ.AX

2.29%

AMI.AX

-1.16%

AZJ.AX

-0.4%

AUC.AX

-2.7%

ABB.AX

1.89%

ASB.AX

-3.54%

AAC.AX

ACL.AX

1.83%

AFI.AX

-0.3%

AUI.AX

-1.1%

BOQ.AX

-0.53%

BMN.AX

2.11%

BAP.AX

-1.27%

BCI.AX

-1.82%

BPT.AX

-0.57%

BGA.AX

-0.5%

BGL.AX

-1.91%

BEN.AX

-0.24%

BNZ.AX

0.94%

BHP.AX

-2.01%

BKI.AX

BC8.AX

-0.51%

XYZ.AX

1.3%

BSL.AX

-1.03%

BOE.AX

-0.66%

BXB.AX

0.27%

BVS.AX

4.44%

BRE.AX

-0.43%

BRG.AX

0.82%

BTR.AX

0.88%

BGP.AX

BFL.AX

BWP.AX

CMM.AX

-1.28%

CSC.AX

-0.64%

CAR.AX

2.11%

CIN.AX

CYL.AX

-2.22%

CAT.AX

4.31%

CWP.AX

-0.53%

CNI.AX

0.39%

CIP.AX

COF.AX

CGF.AX

-0.39%

CIA.AX

-2.48%

CHC.AX

-0.35%

CLW.AX

-0.29%

CQR.AX

-0.4%

CQE.AX

-1.66%

CNU.AX

-0.59%

C79.AX

-0.86%

CVL.AX

-1.83%

CU6.AX

5.61%

CWY.AX

-0.37%

CBO.AX

1.92%

COH.AX

0.22%

CDA.AX

2.33%

CGS.AX

3.99%

COL.AX

0.64%

CKF.AX

1.27%

CBA.AX

-2.1%

CPU.AX

1.01%

CEN.AX

-1.15%

CXO.AX

-6.41%

CCP.AX

-1.09%

CMW.AX

-0.7%

CSL.AX

0.31%

CCL.AX

-0.09%

DBI.AX

-0.47%

DTL.AX

0.28%

DYL.AX

-1.36%

DRR.AX

-1.34%

DVP.AX

-1.87%

DXS.AX

0.81%

DXI.AX

-0.84%

DDR.AX

1.05%

DGT.AX

-1.55%

DJW.AX

DMP.AX

1.56%

DOW.AX

-0.92%

DPM.AX

-2.35%

DRO.AX

-1.09%

DUR.AX

DNL.AX

0.66%

APE.AX

0.25%

EBO.AX

-0.74%

ELD.AX

0.72%

EOS.AX

1.31%

ELV.AX

-2%

ELS.AX

-1.75%

EHL.AX

-1.34%

EMR.AX

-0.94%

EDV.AX

0.16%

EQR.AX

15.58%

EQT.AX

2.37%

EUR.AX

EVN.AX

-1.99%

EVT.AX

0.68%

FDC.AX

1.04%

FCL.AX

-5.75%

FFM.AX

-1.17%

FPH.AX

0.34%

FPR.AX

-0.11%

FBU.AX

-0.84%

FLT.AX

1.34%

FML.AX

-5.91%

FRS.AX

2.74%

FMG.AX

-0.97%

FRW.AX

FGX.AX

1.59%

FGG.AX

1.58%

GLF.AX

-0.7%

GDG.AX

-2.32%

GNE.AX

0.7%

GMD.AX

-1.9%

GNP.AX

0.36%

GMG.AX

-0.15%

GPT.AX

GQG.AX

-1.57%

GNG.AX

0.73%

GNC.AX

1.68%

GGP.AX

-1.91%

G6M.AX

GOZ.AX

-0.74%

GCI.AX

0.25%

GYG.AX

-0.7%

HSN.AX

1.51%

HVN.AX

1.82%

HGH.AX

-0.49%

HM1.AX

0.71%

HLI.AX

1.11%

HMC.AX

0.15%

HDN.AX

0.23%

HUB.AX

-0.9%

IGO.AX

-1.37%

ILU.AX

-0.49%

IMD.AX

-1.04%

IMR.AX

-0.54%

IFT.AX

-2.84%

INA.AX

ING.AX

-0.98%

IAG.AX

0.24%

IDX.AX

IPG.AX

0.95%

IPX.AX

-1.18%

IPH.AX

3.38%

IRE.AX

0.35%

JHX.AX

1.43%

JBH.AX

2.52%

JDO.AX

-1.52%

KAR.AX

1.23%

KLS.AX

1.75%

KCN.AX

-4.01%

KKC.AX

1.45%

GLS.AX

0.97%

L1G.AX

-0.67%

LSF.AX

0.42%

LGF.AX

-0.44%

LRV.AX

-0.48%

LFS.AX

-0.53%

LLC.AX

-3.07%

LFG.AX

360.AX

6.76%

LIC.AX

-0.21%

LNW.AX

0.05%

LIN.AX

5.98%

LTR.AX

0.93%

LOV.AX

-0.09%

LYL.AX

1.06%

LYC.AX

0.32%

MA1.AX

MAF.AX

-2.33%

MGH.AX

-0.36%

MAH.AX

-1.29%

MQG.AX

-1.94%

MAQ.AX

0.19%

MAD.AX

-0.16%

MFG.AX

-1.4%

MMS.AX

3.37%

MPL.AX

0.76%

MP1.AX

2.84%

MCY.AX

-0.19%

MEZ.AX

-0.93%

MSB.AX

-1.42%

MLX.AX

3.53%

MTS.AX

MOT.AX

0.94%

MXT.AX

-0.8%

MFF.AX

0.19%

MIN.AX

-2.43%

MI6.AX

MIR.AX

0.42%

MGR.AX

-0.84%

MND.AX

1.15%

MYS.AX

-1.55%

NAN.AX

1.07%

NAB.AX

-1.86%

NGI.AX

-0.45%

NWL.AX

0.16%

NEU.AX

0.15%

NHC.AX

3.11%

NMG.AX

-2.44%

NEM.AX

-2.05%

NWS.AX

3.21%

NXG.AX

-1.33%

NXT.AX

-3.25%

NHF.AX

0.53%

NCK.AX

1.2%

NIC.AX

-1.89%

NEC.AX

1.55%

NST.AX

-2.61%

NWH.AX

-1.5%

NUF.AX

1.58%

NXL.AX

5.34%

OCL.AX

1.68%

OML.AX

0.15%

OPH.AX

0.88%

OBM.AX

-3.62%

ORI.AX

-0.95%

ORG.AX

-0.51%

ORA.AX

-0.17%

PDN.AX

-0.42%

PNR.AX

0.57%

PDI.AX

-1.49%

PPC.AX

PPM.AX

1.15%

PRN.AX

-0.45%

PPT.AX

0.06%

PCI.AX

-0.23%

PRU.AX

-2.07%

PXA.AX

0.87%

PNI.AX

-0.04%

PL8.AX

0.35%

PLS.AX

-1.25%

PGF.AX

-0.63%

PNV.AX

2.08%

PMV.AX

-0.62%

PME.AX

0.74%

PWH.AX

-0.19%

PYC.AX

2.02%

QAN.AX

-2.38%

QBE.AX

-0.31%

QAL.AX

-0.4%

QRI.AX

-0.33%

RMS.AX

-3.17%

RHC.AX

0.02%

REA.AX

0.11%

RDX.AX

1.32%

REH.AX

1.1%

RF1.AX

-1.18%

RPL.AX

-1.71%

RG1.AX

-1.17%

RGN.AX

0.22%

REG.AX

-0.97%

RRL.AX

-2.13%

RWC.AX

0.82%

RMD.AX

2.34%

RSG.AX

-2.41%

SGLLV.AX

2.44%

RIC.AX

2.69%

RIO.AX

-2.08%

RXL.AX

-1.64%

RFF.AX

-0.26%

RYM.AX

-2.82%

SFR.AX

-0.67%

SMI.AX

-4.02%

STO.AX

-1.72%

SCG.AX

-0.29%

SEK.AX

2.43%

SHV.AX

-1.53%

SRV.AX

-1.15%

SSM.AX

-0.42%

SGH.AX

0.66%

SHA.AX

0.86%

SIG.AX

0.19%

SLX.AX

-6.26%

SGM.AX

-0.78%

SDR.AX

2.04%

SKS.AX

1.42%

SKC.AX

-1.87%

SIQ.AX

1.57%

SHL.AX

0.03%

S32.AX

SX2.AX

-0.56%

SXE.AX

-0.25%

SPK.AX

0.15%

SRG.AX

-0.13%

SBM.AX

2.52%

SMR.AX

-0.17%

SDF.AX

SGP.AX

-1.43%

SKG.AX

-0.69%

SNZ.AX

-5.45%

SUN.AX

-0.83%

SRL.AX

-0.53%

SUL.AX

1.39%

SLC.AX

-0.55%

SNL.AX

-0.32%

SYL.AX

1.14%

TAH.AX

1.92%

TEA.AX

-3.15%

TNE.AX

1.82%

TLX.AX

10.4%

TLS.AX

0.21%

TPW.AX

-0.22%

A2M.AX

2.23%

TLC.AX

1.67%

SGR.AX

3.85%

TWR.AX

-0.63%

TPG.AX

1.17%

TCL.AX

-0.95%

TWE.AX

1.57%

TUA.AX

1.9%

TGN.AX

-1.92%

TCG.AX

-2.56%

USL.AX

-4.55%

UNI.AX

0.99%

VAU.AX

-1.5%

VNT.AX

0.78%

VCX.AX

-1.05%

VGN.AX

-0.38%

VMM.AX

-3.35%

VGL.AX

1.34%

VEA.AX

-0.81%

VUL.AX

-0.88%

VSL.AX

-1.39%

WA1.AX

-1.91%

WGN.AX

0.49%

WAM.AX

-0.42%

WGB.AX

-2.29%

WLE.AX

1.18%

SOL.AX

-0.76%

WPR.AX

-1.1%

WQG.AX

1.27%

WEB.AX

0.29%

WBT.AX

-4.09%

WES.AX

-0.03%

WAF.AX

-2.34%

WGX.AX

-3.37%

WBC.AX

-1.16%

WHF.AX

-0.43%

WHC.AX

-0.89%

WIA.AX

2.84%

WTC.AX

4.19%

WDS.AX

-1.59%

WOW.AX

0.36%

WOR.AX

-0.21%

XRO.AX

2.69%

YAL.AX

1.06%

ZIM.AX

-2.14%

ZIP.AX

4.52%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	146.31	-1.21	-0.82
SSO ASX Small Caps	14.38	-0.03	-0.21
IVV S&P 500	71.13	0.09	0.13
NDQ Nasdaq	59.43	0.42	0.71
F100 FTSE 100	15.18	0.07	0.46
ASIA Asia Tech	20.07	0.14	0.7
IEU Europe	96.18	-0.07	-0.07
IEM Emerging Markets	94.07	-0.07	-0.07
Gold Gold	55.26	-0.14	-0.25
ACDC Battery Tech	120.55	-0.74	-0.61

COMMODITIES	Close($)	-/+	%
Gold	4,316.41	18.5234	0.43
Silver	63.52	0.2882	0.46
Platinum	1,773.40	13.9717	0.79
Palladium	1,292.00	-1.075	-0.08
Ice Brent Crude	106.48	1.87	1.79
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.7131	-0.0006	-0.08
Euro	1.1537	-0.001	-0.09
British Pound	1.3487	-0.0008	-0.06
Canadian Dollar	1.3907	0.0009	0.06
New Zealand Dollar	0.5760	-0.0016	-0.28
Chinese Yuan	6.7093	0.0011	0.02
Japanese Yen	154.8100	0.52	0.34

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.77	-1.91%	134.33%	0.33 0.89
BGL	Bellevue Gold Limited	1.54	-1.91%	0.00%	0.97 2.00
BHP	Bhp Group Ltd	59.37	-2.02%	48.47%	39.30 68.77
FMG	Fortescue Ltd	16.38	-0.94%	-12.07%	16.53 23.38
NHC	New Hope Corporation Ltd	6.48	3.11%	45.37%	3.77 6.49
WHC	Whitehaven Coal Limited	8.35	-0.89%	38.03%	6.29 9.90
NEM	Newmont Cdi	171.98	-2.06%	0.00%	117.17 190.91
NXG	Nexgen Ene Cdi	13.32	-1.33%	0.00%	11.72 20.47
SFR	Sandfire Resources Limited	20.83	-0.67%	68.16%	12.30 25.00

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
EQR	Eq Resources	0.45	15.58
TLX	Telix Pharmaceut	18.04	10.4
4DX	4dmedical	3.71	7.85
360	Life360 Inc.	20.86	6.76
LIN	Lindian Resource	0.62	5.98
CU6	Clarity Pharmace	2.26	5.61
NXL	Nuix	1.88	5.34
ZIP	Zip Co	2.20	4.52
BVS	Bravura Solution	3.18	4.44
CAT	Catapult Sports	3.03	4.31

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
CXO	Core Lithium	0.37	-6.41
SLX	Silex Systems	4.27	-6.26
FML	Focus Minerals L	2.07	-5.91
FCL	Fineos Corporati	2.13	-5.75
SNZ	Summerset Group	6.24	-5.45
USL	Unico Silver	0.79	-4.55
WBT	Weebit Nano	3.05	-4.09
SMI	Santana Minerals	0.54	-4.02
KCN	Kingsgate Consol	5.26	-4.01
OBM	Ora Banda Mining	1.47	-3.62

OPINION

Latest Market Matters Opinions

15/09/2026 09:40

The Bearish Case

What makes the current setup different is that the AI trade is no longer operating in isolation. While valuations are not stretched, there is some concern that current demand/sales could be “as good as it gets”, while rising bond yields, elevated oil prices and geopolitical uncertainty are simultaneously putting pressure on risk assets. More importantly, the increasingly interconnected nature of the AI ecosystem creates the potential for a domino effect: if hyperscalers slow spending, the impact could quickly flow through to chipmakers, data-centre developers and the growing pool of debt and circular financing supporting the build-out.

15/09/2026 09:39

ASX stocks & sectors at risk from an AI slowdown

Concerns around a potential slowdown in AI investment are already flowing through to ASX-listed stocks with the greatest exposure to data centres, hyperscaler capex and the enormous power requirements of AI infrastructure. While Australia lacks the semiconductor heavyweights of the US and Asia, a growing number of ASX names have become increasingly leveraged to the AI investment cycle, particularly across the resources sector.

ACTION

image description

Only available to Members

Take a free 14 day Market Matters trial – full access to all our reports, portfolios, positions, buy and sell recommendations. Access the latest views on the latest developments from professional money managers. It’s free and no payment details are required

For membership options and pricing.

Click here

Members only

UNLOCK MARKET MATTERS NOW

Take a free trial.

No payment details required.

Market Matters Content

What Matters Today: What If the Cracks in the AI Trade Spread?

Morning report 15/09/2026

Afternoon Report

The Match Out: ASX edges higher as energy and healthcare hold firm; lithium and uranium stay under pressure

Afternoon report 14/09/2026

Ask James ASK A QUESTION

Ask James

Question asked 12/09/2026

Bond yields and resources

Hi MM, Thanks for the great work. Sorry a few questions here. 1. On the macro, do you have a view as to where US bond yields might top out and also oil prices? 2. On copper exposure, thoughts on BHP vs RIO? And also on FFM as a Cu play. Thanks! Young

Ask James

Question asked 12/09/2026

GQG Partners (ASX: GQG)

Thoughts on GQG after lower FUM? Is this pricing overdone?

Featured podcasts Subscribe to podcasts

Weekly video update Subscribe to videos

Pulse Check Webinar: Portfolio positioning post the Budget 20/05/2026

MM Market Matters Portfolios

GO TO ALL PORFOLIOS

12.85% Active Growth Portfolio

10.13% Shawn’s Trade Ideas

9.67% Active Income Portfolio

18.98% International Equities Portfolio

4.78% Emerging Companies Portfolio

10.42% Core ETF Portfolio

12.85% Active Growth Portfolio 10.13% Shawn’s Trade Ideas 9.67% Active Income Portfolio 18.98% International Equities Portfolio 4.78% Emerging Companies Portfolio 10.42% Core ETF Portfolio

At Market Matters our portfolios give members the chance to see a detailed breakdown of our market activity.

Choose to follow any portfolio, in-part or in-full, discover a portfolio that suits your interests and risk level, and see our latest sales, as well as our holdings.

*Portfolio returns from inception to 30th July 2026

Latest View Points

BHP

GMG

VAP

OZR

MVB

ATEC

NAB

CNI

YETI US

DDR

HVN

RIO

Chart of the week

VanEck Semiconductor ETF (SMH US)

Aus. Investment blog Subscribe to blog

Why is Telix Pharmaceuticals Limited (ASX:TLX) up ~10%?

Telix Pharmaceuticals (TLX) is trading ~10% higher today driven by the US FDA has approved Telix’s Pixclara (floretyrosine F18), providing the company with another commercial product in the world’s largest healthcare market.

ASX: TLX 14/09/2026

Why Cleanaway Waste (ASX: CWY) is up more than 3%

Cleanaway Waste Management (CWY) is trading up more than 3% after having confirmed that EQT Infrastructure remains committed to acquiring 100% of the company at no less than its previously indicated offer price following completion of its due diligence review.

Uncategorized 14/09/2026

Morning Report