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

5.81%

4DX.AX

8.45%

ABG.AX

ASK.AX

AX1.AX

2.75%

AIS.AX

3.67%

A1G.AX

7.47%

AGL.AX

11.75%

AIZ.AX

AAI.AX

0.87%

ALK.AX

3.59%

A4N.AX

-3.45%

ALQ.AX

1.95%

AMC.AX

-0.35%

AOV.AX

-0.62%

AMP.AX

1.75%

AEL.AX

-5.2%

ALD.AX

0.37%

ANN.AX

1.19%

ANZ.AX

1.33%

APA.AX

0.91%

ARU.AX

ARB.AX

2.51%

ARF.AX

0.57%

ARG.AX

0.33%

ALL.AX

0.82%

AYA.AX

2.3%

APZ.AX

-0.19%

ASX.AX

-1.72%

ALX.AX

AUB.AX

-0.23%

AIA.AX

0.14%

AMI.AX

1.61%

AZJ.AX

0.55%

AUC.AX

1.85%

ABB.AX

14.79%

ASB.AX

-0.31%

AAC.AX

1.51%

AEF.AX

1.52%

AFG.AX

1.49%

AFI.AX

0.73%

AUI.AX

0.53%

ASG.AX

-0.29%

BOQ.AX

0.86%

BMN.AX

-3.42%

BAP.AX

-2.42%

BCI.AX

-1.22%

BPT.AX

-2.59%

BLX.AX

1.15%

BGA.AX

1.48%

BGL.AX

6.3%

BEN.AX

0.98%

BNZ.AX

0.63%

BHP.AX

1.61%

BKI.AX

1.76%

BC8.AX

-0.7%

XYZ.AX

0.58%

BSL.AX

-0.89%

BOE.AX

BXB.AX

0.57%

BVS.AX

-5.42%

BRE.AX

8.03%

BRG.AX

1.67%

BGP.AX

-6.9%

BFL.AX

0.83%

BWP.AX

-0.27%

CMM.AX

4.13%

CSC.AX

1.52%

CAR.AX

-0.7%

CIN.AX

0.86%

CYL.AX

1.79%

CAT.AX

0.86%

CWP.AX

0.26%

CNI.AX

CIP.AX

1.57%

COF.AX

0.49%

CHN.AX

3.91%

CGF.AX

3.63%

CIA.AX

2.65%

CHC.AX

0.26%

CLW.AX

1.08%

CQR.AX

0.76%

CQE.AX

CNU.AX

0.39%

C79.AX

4.34%

CVL.AX

-0.32%

CU6.AX

-0.31%

CWY.AX

CUV.AX

-6.37%

CBO.AX

-0.88%

COH.AX

-0.82%

CDA.AX

2.32%

COL.AX

0.23%

CKF.AX

0.87%

CBA.AX

6.82%

CPU.AX

-3.13%

CEN.AX

5.76%

CXO.AX

2.38%

CRN.AX

-1.3%

CCP.AX

1.48%

CMW.AX

1.16%

CSL.AX

-11%

CCL.AX

1.23%

DBI.AX

0.79%

DTL.AX

0.85%

DTR.AX

-3.13%

DYL.AX

-1.18%

DRR.AX

0.7%

DVP.AX

8.07%

DXS.AX

DXI.AX

0.4%

DDR.AX

0.47%

DGT.AX

2.67%

DUI.AX

-0.73%

DJW.AX

1.02%

DMP.AX

2.91%

DOW.AX

1.14%

DPM.AX

-0.23%

DRO.AX

-2.66%

DUR.AX

-2.69%

DNL.AX

APE.AX

2.2%

EBO.AX

-2.55%

ELD.AX

0.84%

EOS.AX

-0.75%

ELV.AX

3.28%

ELS.AX

-3.66%

EHL.AX

1.94%

EMR.AX

5.03%

EDV.AX

1.06%

ERA.AX

16.67%

EQR.AX

19.05%

EQT.AX

-1.86%

EVN.AX

8.68%

EVT.AX

0.47%

FCL.AX

2.95%

FFM.AX

0.26%

FPH.AX

-0.44%

FPR.AX

-1.8%

FBU.AX

1.59%

FLT.AX

0.67%

FML.AX

1.49%

FRS.AX

8.65%

FMG.AX

2.27%

FRW.AX

FGX.AX

2.94%

FGG.AX

0.64%

GLF.AX

1.04%

GDG.AX

1.25%

GNE.AX

GMD.AX

2.55%

GTK.AX

0.65%

GNP.AX

-1.54%

GMG.AX

-0.96%

GPT.AX

0.2%

GQG.AX

-1.82%

GNG.AX

3.17%

GNC.AX

2.1%

GGP.AX

2.03%

GOZ.AX

0.44%

GCI.AX

-0.96%

GYG.AX

2.88%

GWA.AX

1.93%

HSN.AX

2.4%

HVN.AX

0.77%

HLS.AX

-1.16%

HGH.AX

1.86%

HM1.AX

HLI.AX

-0.89%

HMC.AX

-3.74%

HDN.AX

-0.38%

HUB.AX

0.92%

IEL.AX

1.62%

IGO.AX

3.58%

ILU.AX

3.95%

IMD.AX

2.72%

IMM.AX

IMR.AX

-0.25%

IFT.AX

1.16%

INA.AX

0.22%

ING.AX

-0.82%

IFL.AX

0.43%

IAG.AX

0.14%

IDX.AX

2.41%

IPX.AX

-2.1%

IPH.AX

1.98%

IRE.AX

1.95%

JHX.AX

10.92%

JBH.AX

1.33%

JDO.AX

0.52%

JIN.AX

1.01%

JMS.AX

3.45%

KAR.AX

-1.19%

KLS.AX

-0.5%

KCN.AX

1.08%

KKC.AX

0.88%

GLS.AX

-1.24%

L1G.AX

1.21%

LSF.AX

0.69%

LRV.AX

2.67%

LFS.AX

-2.63%

LLC.AX

1.32%

LFG.AX

-0.76%

360.AX

0.75%

LIC.AX

1.87%

LNW.AX

0.08%

LIN.AX

3.8%

LTR.AX

-1.15%

LOT.AX

0.45%

LOV.AX

-0.42%

LYL.AX

-1.06%

LYC.AX

4.1%

MA1.AX

0.25%

MAF.AX

4.54%

MGH.AX

5.58%

MAH.AX

6.11%

MQG.AX

2.7%

MAQ.AX

0.37%

MAD.AX

3.37%

MFG.AX

-0.12%

MMS.AX

0.46%

MPL.AX

0.44%

MEK.AX

MP1.AX

4.14%

MCY.AX

-0.18%

MEZ.AX

-1.82%

MSB.AX

2.8%

MTM.AX

-6.28%

MLX.AX

3.15%

MTS.AX

1.53%

MEI.AX

-4.76%

MOT.AX

-0.53%

MXT.AX

-0.5%

MFF.AX

0.21%

MGX.AX

MIN.AX

1.38%

MI6.AX

-2.27%

MIR.AX

0.98%

MGR.AX

0.51%

MND.AX

0.67%

MYR.AX

-2.5%

MYS.AX

1.5%

NAN.AX

0.52%

NAB.AX

3.43%

NSR.AX

-0.36%

NGI.AX

0.32%

NWL.AX

-1.28%

NEU.AX

-0.59%

NHC.AX

-0.63%

NMG.AX

NEM.AX

2.39%

NWS.AX

4.93%

NXG.AX

0.97%

NXT.AX

0.87%

NHF.AX

0.93%

NCK.AX

1.94%

NIC.AX

1.56%

NEC.AX

0.44%

NST.AX

0.11%

NWH.AX

0.74%

NUF.AX

-1.88%

NXL.AX

2.29%

OCL.AX

-0.55%

OML.AX

0.87%

OPH.AX

-2.26%

OBM.AX

1.59%

ORI.AX

1.02%

ORG.AX

0.73%

ORA.AX

1.85%

PDN.AX

0.99%

PNR.AX

3.36%

PPC.AX

1.32%

PPM.AX

1.34%

PRN.AX

0.38%

PPT.AX

-0.95%

PCI.AX

PRU.AX

PXA.AX

4.7%

PNI.AX

0.43%

PL8.AX

-0.35%

PLS.AX

1.43%

PGF.AX

0.63%

PNV.AX

-0.5%

PDI.AX

5.92%

PMV.AX

-0.07%

PME.AX

1.08%

PFP.AX

1.41%

PWH.AX

5.23%

PYC.AX

1.01%

QAN.AX

0.77%

QBE.AX

1.42%

QOR.AX

-1.23%

QAL.AX

-1.89%

QRI.AX

QUB.AX

0.41%

RMS.AX

1.95%

RHC.AX

2.32%

REA.AX

-1.16%

RDX.AX

2.27%

REH.AX

1.87%

RF1.AX

1.14%

RPL.AX

-0.97%

RG1.AX

0.42%

RGN.AX

-2.15%

REG.AX

0.61%

RRL.AX

1.68%

RWC.AX

3.05%

RMD.AX

-4.71%

RSG.AX

1.42%

SGLLV.AX

-0.07%

RIC.AX

0.81%

RIO.AX

1.21%

RXR.AX

4.52%

RXL.AX

RFF.AX

0.25%

RYM.AX

0.85%

SFR.AX

0.83%

SMI.AX

0.48%

STO.AX

-0.14%

SCG.AX

-0.51%

SEK.AX

-0.91%

SHV.AX

-0.47%

SRV.AX

-0.68%

SSM.AX

-1.72%

SGH.AX

3.58%

SHA.AX

0.43%

SIG.AX

0.32%

SLX.AX

-0.14%

SVL.AX

SGM.AX

0.9%

SDR.AX

1.85%

SKC.AX

SPZ.AX

1.46%

SIQ.AX

-0.12%

SHL.AX

0.69%

S32.AX

1.53%

SX2.AX

4.07%

SXE.AX

2.91%

SPK.AX

SRG.AX

SBM.AX

10.49%

SMR.AX

-3.41%

SDF.AX

1.56%

SGP.AX

STK.AX

-4.17%

SNZ.AX

-1.89%

SUN.AX

0.62%

SRL.AX

-1.89%

SUL.AX

0.83%

SLC.AX

-3.25%

SNL.AX

0.25%

SYL.AX

-0.63%

TAH.AX

1.14%

TEA.AX

-1.47%

TNE.AX

1.22%

TLX.AX

-3.08%

TLS.AX

0.21%

TPW.AX

0.35%

A2M.AX

3.1%

TLC.AX

1.16%

SGR.AX

TVN.AX

-2.17%

TWR.AX

-0.61%

TPG.AX

-1.55%

TCL.AX

0.87%

TWE.AX

-0.93%

TUA.AX

-0.6%

TCG.AX

2.24%

TYR.AX

2.11%

USL.AX

4.17%

UNI.AX

-2.99%

VAU.AX

4.73%

VNT.AX

1.64%

VCX.AX

0.79%

VGN.AX

2.8%

VEA.AX

VUL.AX

0.81%

VSL.AX

-1.87%

WA1.AX

-1.95%

WGN.AX

3.09%

WAM.AX

-0.28%

WGB.AX

1.23%

WLE.AX

-1.09%

SOL.AX

0.92%

WPR.AX

WEB.AX

3.35%

WBT.AX

4.45%

WES.AX

0.99%

WAF.AX

2.85%

WGX.AX

2.38%

WBC.AX

2.52%

WHF.AX

WHC.AX

-2.64%

WIA.AX

2.2%

WC8.AX

4.05%

WTN.AX

WTC.AX

0.69%

WDS.AX

0.5%

WOW.AX

0.19%

WOR.AX

0.3%

XRO.AX

-0.9%

YAL.AX

-1.15%

ZIM.AX

-3.4%

ZIP.AX

5.34%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	150.00	2.09	1.41
SSO ASX Small Caps	17.12	0.17	1
IVV S&P 500	65.14	-0.38	-0.58
NDQ Nasdaq	52.27	-0.34	-0.65
F100 FTSE 100	14.91	-0.14	-0.93
ASIA Asia Tech	15.55	0.1	0.65
IEU Europe	101.81	-0.6	-0.59
IEM Emerging Markets	87.01	0.36	0.42
Gold Gold	65.05	-0.13	-0.2
ACDC Battery Tech	146.45	0.53	0.36

COMMODITIES	Close($)	-/+	%
Gold	5,099.28	76.2998	1.52
Silver	85.54	4.861	6.03
Platinum	2,187.60	100.6474	4.82
Palladium	1,768.81	60.7203	3.55
Ice Brent Crude	69.08	0.04	0.06
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.7122	0.0048	0.68
Euro	1.1922	0.0028	0.24
British Pound	1.3706	0.0066	0.48
Canadian Dollar	1.3504	-0.0046	-0.34
New Zealand Dollar	0.6069	0.0027	0.45
Chinese Yuan	6.9096	-0.001	-0.01
Japanese Yen	153.2200	-1.16	-0.75

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.60	-1.65%	61.33%	0.28 0.68
BGL	Bellevue Gold Ltd	1.86	6.3%	0.00%	0.78 2.00
BHP	Bhp Group Ltd	51.07	1.61%	25.37%	33.25 52.54
FMG	Fortescue Ltd	22.06	2.27%	11.07%	13.18 23.38
NHC	New Hope Corporation Ltd	4.72	-0.63%	1.28%	3.33 4.88
WHC	Whitehaven Coal Ltd	8.84	-2.64%	54.42%	4.26 9.59
NEM	Newmont Cdi	171.49	2.39%	0.00%	66.39 190.54
NXG	Nexgen Ene Cdi	16.59	0.97%	0.00%	6.44 20.47
SFR	Sandfire Resources Ltd	19.54	0.83%	83.00%	8.05 21.75

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
EQR	Eq Resources	0.25	19.05
ERA	Energy Resources	0.00	16.67
ABB	Aussie Broadband	5.20	14.79
AGL	Agl Energy	9.89	11.75
JHX	James Hardie Ind	36.87	10.92
SBM	St Barbara	0.79	10.49
EVN	Evolution Mining	16.28	8.68
FRS	Forrestania Res	0.57	8.65
4DX	4dmedical	3.85	8.45
DVP	Develop Global	5.49	8.07

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
CSL	Csl	163.44	-11
BGP	Briscoe Group Au	4.18	-6.9
CUV	Clinuvel Pharmac	10.88	-6.37
MTM	Metallium	0.90	-6.28
BVS	Bravura Solution	2.27	-5.42
AEL	Amplitude Energy	2.37	-5.2
MEI	Meteoric Resourc	0.20	-4.76
RMD	Resmed Inc	36.79	-4.71
STK	Strickland Metal	0.23	-4.17
HMC	Hmc Capital	3.60	-3.74

OPINION

Latest Market Matters Opinions

11/02/2026 17:45

Broker Moves

• a2 Milk Raised to Neutral at Forsyth Barr; PT NZ$10.20 • Amplitude Energy Raised to Neutral at Barrenjoey; PT A$2.56 • Computershare Raised to Overweight at JPMorgan; PT A$36.50 • Treasury Wine Cut to Neutral at Jarden Securities; PT A$5.40 • Orora Rated New Sector Perform at RBC; PT A$2.10 • Vulcan Steel Raised to Buy at UBS; PT A$7.65 • Sims Raised to Buy at UBS; PT A$25 • CAR Group Raised to Buy at Morgans Financial Limited; PT A$35.20 • Beach Energy Cut to Trim at Morgans Financial Limited; PT A$1.09 • Amotiv Cut to Sector Perform at RBC; PT A$11.50 • G8 Education Cut to Sector Perform at RBC • Atlas Arteria Cut to Neutral at Citi; PT A$4.80

11/02/2026 17:44

CSL Limited (CSL) $163.44

CSL -4.64%: Traded down today on a 1H miss and scepticism they’ll meet full year guidance, which they re-affirmed this morning. The stock was down ~13%R at the lows before sanity prevailed and it recovered some of the very steep losses. We covered the result this morning here, so we’ll just give some flavour around other broker’s views on the number. At MM, we don’t think the result is as bad as the market had feared, and this mornings brutal sell-off down to $150.16, will ultimately prove to the a low point for CSL.

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

Portfolio Positioning: Eyes down as reporting season kicks into gear

Morning report 11/02/2026

Afternoon Report

The Match Out: CBA rips, drives ASX higher as Reporting Season shifts gears

Afternoon report 11/02/2026

Ask James ASK A QUESTION

Ask James

Question asked 07/02/2026

The new Fed Chair.

Hi From what I've been reading it would seem that Trumps pick for the new Chair of the Fed, Kevin Warsh, isn't going to start slashing interest rates down towards 1% which, judging by his various comments in recent months, is where Trump has thought they should be. So why do you think Trump went for Warsh instead of just installing a puppet who would do what he told them to do when it came to setting interest rates? Do you think Trump (or his advisers) had a moment of clarity and decided that it was better for the Fed to maintain the appearance of independence after all? Does the fact that setting interest rates is a majority decision by the FOMC make it too hard for Trump to actually influence those decisions? Or have I missed something about Warsh and he's actually likely to be influenced by Trumps bullying tactics? Regards, Carl

Ask James

Question asked 07/02/2026

Duratec Ltd (DUR)

Hi James and Team Back in 2024 you gave your views on Duratec when it was a $350M company. It has now grown to a $567M organisation and expanded its operations by takeovers. It has won sizeable Defence and Commercial Contracts with long Term Annuity type recurring Revenue streams. With plenty of Cash on the Balance sheet. Also, a strong Pipeline for the future I would appreciate your views In hindsight this would have been a good inclusion in the emerging Cos Portfolio

Featured podcasts Subscribe to podcasts

Weekly video update Subscribe to videos

Market Matters Video Update: Portfolio Performance update for September 2024 11/10/2024

MM Market Matters Portfolios

GO TO ALL PORFOLIOS

13.67% Active Growth Portfolio

10.95% Shawn’s Trade Ideas

14.75% Active Income Portfolio

23% International Equities Portfolio

16.94% Emerging Companies Portfolio

12.68% Core ETF Portfolio

13.67% Active Growth Portfolio 10.95% Shawn’s Trade Ideas 14.75% Active Income Portfolio 23% International Equities Portfolio 16.94% Emerging Companies Portfolio 12.68% 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 1 year to 31 Dec 2025

Latest View Points

AGL

ABB

CSL

C79

SPOT US

ALX

QBE

JHX

CBA

MQG