scroll

Opinion + Action

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

FIND OUT MORE

ANALYSIS
OPINION
ACTION

ANALYSIS

Market Analysis

4DX.AX

-1.82%

ABG.AX

AIS.AX

-7.53%

AGL.AX

1.37%

A1M.AX

AIZ.AX

1.61%

AAI.AX

-0.84%

ALK.AX

-1.78%

A4N.AX

-1.18%

ALQ.AX

1.09%

AMC.AX

0.2%

AOV.AX

0.36%

AMP.AX

1.67%

AEL.AX

1.59%

ALD.AX

0.53%

ANN.AX

-0.78%

ANZ.AX

1.2%

APA.AX

-0.78%

ARU.AX

ARB.AX

0.64%

ARF.AX

0.39%

ARG.AX

0.44%

ALL.AX

-0.77%

APZ.AX

0.43%

ASX.AX

1.62%

ALX.AX

0.54%

AIA.AX

1.51%

AXQ.AX

-1.41%

AMI.AX

-5.81%

AZJ.AX

1.05%

AFI.AX

1.06%

AUC.AX

-1.19%

ABB.AX

0.73%

ASB.AX

-0.24%

AUB.AX

2.04%

AAC.AX

4.65%

ACL.AX

AUI.AX

-0.17%

BMN.AX

-2.49%

BAP.AX

13.55%

BCI.AX

BPT.AX

-3.13%

BGA.AX

0.63%

BGL.AX

0.36%

BEN.AX

0.78%

BNZ.AX

3.35%

BHP.AX

-2.41%

BOQ.AX

0.29%

BKI.AX

BC8.AX

-3.47%

XYZ.AX

-1.05%

BSL.AX

-1.44%

BOE.AX

-3.02%

BXB.AX

3.16%

BVS.AX

1.54%

BRE.AX

13.91%

BRG.AX

0.41%

BTR.AX

-15.67%

BGP.AX

BFL.AX

-0.13%

BWP.AX

0.85%

CMM.AX

-3.1%

CSC.AX

-3.87%

CAR.AX

1.12%

CIN.AX

-0.15%

CYL.AX

-2.43%

CAT.AX

1.24%

CWP.AX

-0.34%

CNI.AX

CIP.AX

0.72%

COF.AX

1.18%

CGF.AX

0.34%

CIA.AX

CLW.AX

0.92%

CHC.AX

0.05%

CQR.AX

0.86%

CQE.AX

1.28%

CNU.AX

0.77%

C79.AX

1.11%

CVL.AX

0.65%

CU6.AX

-5.9%

CWY.AX

CBO.AX

-2.25%

COH.AX

-0.62%

CDA.AX

-8.08%

CGS.AX

0.56%

COL.AX

1.03%

CKF.AX

-1.79%

CPU.AX

1.42%

CEN.AX

CXO.AX

CTD.AX

16.11%

CCP.AX

0.35%

CMW.AX

CSL.AX

0.03%

CCL.AX

-1.17%

CBA.AX

0.1%

DYL.AX

-5.3%

DBI.AX

-1.06%

DTL.AX

0.61%

DRR.AX

-0.77%

DVP.AX

-0.75%

DXI.AX

0.43%

DXS.AX

1.07%

DDR.AX

-0.74%

DGT.AX

3.36%

DJW.AX

DMP.AX

-0.37%

DOW.AX

2.18%

DPM.AX

-1.47%

DRO.AX

-0.66%

DUR.AX

0.76%

DNL.AX

-2.24%

APE.AX

1.43%

EBO.AX

0.47%

ELD.AX

1.59%

EOS.AX

-1.83%

ELV.AX

1.63%

ELS.AX

-3.26%

EHL.AX

-1.54%

EMR.AX

-1.74%

EDV.AX

1.55%

EQR.AX

1.89%

EQT.AX

-0.68%

EUR.AX

-1.33%

EVN.AX

-2.39%

EVT.AX

FPH.AX

-0.58%

FDC.AX

FCL.AX

FFM.AX

0.75%

FPR.AX

0.78%

FBU.AX

0.37%

FLT.AX

2.15%

FRS.AX

-7.14%

FMG.AX

-4.52%

FRW.AX

FGX.AX

0.75%

FGG.AX

0.94%

GLF.AX

-1.98%

GDG.AX

-3.03%

GNE.AX

1.19%

GMD.AX

-3.19%

GNP.AX

0.25%

GMG.AX

1.16%

GPT.AX

0.86%

GQG.AX

-1.46%

GNG.AX

-2.6%

GNC.AX

0.78%

GGP.AX

-1.17%

G6M.AX

-0.37%

GOZ.AX

0.78%

GCI.AX

0.5%

GYG.AX

-3.77%

GWA.AX

-3.17%

HSN.AX

4.08%

HVN.AX

-2.88%

HGH.AX

7.8%

HM1.AX

1.46%

HLI.AX

0.76%

HMC.AX

2.29%

HDN.AX

0.92%

HUB.AX

IEL.AX

IGO.AX

-1.9%

ILU.AX

0.39%

IMD.AX

-0.91%

IFT.AX

-0.5%

INA.AX

2.84%

ING.AX

0.94%

IAG.AX

1.95%

IDX.AX

-0.94%

IPG.AX

-1.51%

IPX.AX

-2.6%

IPH.AX

IRE.AX

1.78%

JHX.AX

-1.47%

JBH.AX

-1.65%

JDO.AX

0.53%

KAR.AX

-1.99%

KLS.AX

2.05%

KCN.AX

-2.95%

KKC.AX

0.5%

GLS.AX

-0.27%

LGF.AX

1.81%

L1G.AX

-1.36%

LSF.AX

0.23%

LFS.AX

1.27%

LLC.AX

LFG.AX

0.32%

360.AX

1.23%

LNW.AX

2.66%

LIN.AX

-4.71%

LTR.AX

0.73%

LOV.AX

-0.32%

LYL.AX

-3.62%

LYC.AX

-1.47%

MAF.AX

-7.71%

MGH.AX

0.26%

MAH.AX

-2.87%

MQG.AX

-0.53%

MAQ.AX

3.03%

MAD.AX

0.32%

MFG.AX

-9.52%

MMS.AX

3.16%

MPL.AX

2.07%

MP1.AX

4.39%

MCY.AX

4.1%

MEZ.AX

3.61%

MSB.AX

-1.61%

MLX.AX

-4.42%

MTS.AX

1.27%

MEI.AX

-4.44%

MXT.AX

-1.2%

MFF.AX

0.97%

MIN.AX

-2.4%

MI6.AX

0.68%

MIR.AX

MGR.AX

MND.AX

-1.42%

MYS.AX

-1.19%

NAN.AX

0.33%

NAB.AX

0.2%

NGI.AX

-3.3%

NWL.AX

0.53%

NEU.AX

0.56%

NHC.AX

-2.62%

NMG.AX

-3.33%

NEM.AX

-1.22%

NWS.AX

-0.56%

NXG.AX

-2.22%

NXT.AX

7.48%

NHF.AX

1.36%

NCK.AX

-15.34%

NIC.AX

-0.74%

NEC.AX

-0.75%

NST.AX

-1.08%

NWH.AX

-3.66%

NUF.AX

-1.31%

NXL.AX

6.48%

OCL.AX

3.96%

OML.AX

OBM.AX

-2.21%

ORI.AX

-0.13%

ORG.AX

0.33%

ORA.AX

1.33%

PDN.AX

-1.89%

PNR.AX

-2.11%

PDI.AX

-1.29%

PPC.AX

1.05%

PPM.AX

PRN.AX

-1.25%

PPT.AX

-2.58%

PCI.AX

-0.46%

PRU.AX

-2.36%

PXA.AX

1.52%

PNI.AX

-0.62%

PL8.AX

-0.72%

PLS.AX

-2.06%

PGF.AX

-2.21%

PNV.AX

-0.56%

PMV.AX

1.13%

PME.AX

4.65%

PWH.AX

1.66%

PYC.AX

0.56%

QAN.AX

1.2%

QBE.AX

1.38%

QRI.AX

1.38%

QAL.AX

-1.75%

RMS.AX

-1.4%

RHC.AX

1.2%

REA.AX

1.88%

RDX.AX

REH.AX

0.65%

RF1.AX

1.01%

RG1.AX

0.42%

RPL.AX

-0.49%

RGN.AX

0.45%

REG.AX

0.64%

RRL.AX

-4.35%

RWC.AX

1.86%

RMD.AX

-0.23%

RSG.AX

-2.19%

SGLLV.AX

2.15%

RIC.AX

0.77%

RIO.AX

-1.47%

RXL.AX

-3.64%

RFF.AX

-0.26%

RYM.AX

0.68%

SFR.AX

-1.29%

STO.AX

-1.29%

SCG.AX

0.29%

SEK.AX

1.42%

SHV.AX

0.25%

SRV.AX

-1.32%

SGH.AX

1.91%

SHA.AX

-1.33%

SIG.AX

-0.36%

SLX.AX

-2.59%

SGM.AX

-1.22%

SDR.AX

4.83%

SKS.AX

-4.25%

SKC.AX

3.77%

SIQ.AX

5.42%

SHL.AX

0.85%

S32.AX

0.93%

SX2.AX

-0.7%

SPK.AX

0.33%

SRG.AX

-0.58%

SSM.AX

SBM.AX

-2.4%

SMR.AX

-3.01%

SDF.AX

SXE.AX

-4.05%

SGP.AX

0.24%

SKG.AX

0.92%

SNZ.AX

SUN.AX

2.46%

SRL.AX

2.3%

SUL.AX

-0.15%

SLC.AX

0.37%

SNL.AX

0.03%

SYL.AX

TAH.AX

0.58%

TEA.AX

-0.77%

TNE.AX

-0.38%

TLX.AX

-5.92%

TLS.AX

0.21%

A2M.AX

2.65%

TLC.AX

0.19%

SGR.AX

4.17%

TWR.AX

-0.6%

TPG.AX

TCL.AX

-0.28%

TWE.AX

-1.02%

TUA.AX

6.32%

TCG.AX

-4.9%

TRA.AX

UNI.AX

0.38%

VAU.AX

-3.63%

VNT.AX

0.51%

VCX.AX

0.85%

VGN.AX

-1.24%

VMM.AX

4.29%

VGL.AX

0.93%

VEA.AX

-4.93%

VUL.AX

-1.35%

VSL.AX

-1.42%

WA1.AX

-0.84%

WGN.AX

3.66%

WGB.AX

-0.25%

WLE.AX

0.79%

WAM.AX

-1.96%

SOL.AX

-0.07%

WPR.AX

WQG.AX

-1.76%

WEB.AX

-0.57%

WBT.AX

-0.39%

WES.AX

-3.11%

WAF.AX

-2.31%

WGX.AX

1.57%

WBC.AX

0.42%

WHF.AX

0.65%

WHC.AX

-0.52%

WIA.AX

WTC.AX

3.09%

WDS.AX

-3.5%

WOW.AX

-0.38%

WOR.AX

0.32%

XRO.AX

-1.12%

YAL.AX

-0.17%

ZIM.AX

-3.92%

ZIP.AX

0.49%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	146.75	-0.53	-0.36
SSO ASX Small Caps	13.50	-0.06	-0.44
IVV S&P 500	73.03	-0.33	-0.45
NDQ Nasdaq	60.99	-0.56	-0.91
F100 FTSE 100	15.32	-0.07	-0.45
ASIA Asia Tech	18.16	-0.66	-3.51
IEU Europe	95.52	0.06	0.06
IEM Emerging Markets	89.66	-1.46	-1.6
Gold Gold	53.24	-0.42	-0.78
ACDC Battery Tech	102.57	-2.65	-2.52

COMMODITIES	Close($)	-/+	%
Gold	4,092.90	-47.4789	-1.15
Silver	56.19	-1.7811	-3.07
Platinum	1,600.60	-27.8119	-1.71
Palladium	1,061.11	-26.0099	-2.39
Ice Brent Crude	110.02	1.23	1.13
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.7012	-0.0015	-0.21
Euro	1.1240	0.0012	0.11
British Pound	1.3398	0.0004	0.03
Canadian Dollar	1.4022	-0.0023	-0.16
New Zealand Dollar	0.5693	-0.0007	-0.12
Chinese Yuan	6.6741	-0.0017	-0.03
Japanese Yen	157.0600	-1.05	-0.66

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.76	0%	67.03%	0.42 0.94
BGL	Bellevue Gold Limited	1.39	0.36%	0.00%	1.06 2.00
BHP	Bhp Group Ltd	57.13	-2.41%	32.65%	40.18 68.77
FMG	Fortescue Ltd	14.57	-4.52%	-25.27%	14.94 23.38
NHC	New Hope Corporation Ltd	5.95	-2.62%	57.47%	3.77 6.61
WHC	Whitehaven Coal Limited	7.65	-0.52%	10.81%	6.66 9.90
NEM	Newmont Cdi	163.07	-1.22%	0.00%	117.59 190.91
NXG	Nexgen Ene Cdi	11.89	-2.22%	0.00%	11.34 20.47
SFR	Sandfire Resources Limited	19.82	-1.29%	26.21%	14.41 25.00

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
CTD	Corp Trav Fpo	3.82	16.11
BRE	Brazilian Rare	1.97	13.91
BAP	Bapcor	0.88	13.55
HGH	Heartland Group	1.11	7.8
NXT	Nextdc	5.75	7.48
NXL	Nuix	1.89	6.48
TUA	Tuas	1.85	6.32
SIQ	Smartgroup	12.25	5.42
SDR	Siteminder	2.82	4.83
AAC	Australian Agric	1.35	4.65

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
BTR	Brightstar Resou	0.57	-15.67
NCK	Nick Scali	12.03	-15.34
MFG	Magellan Financi	7.70	-9.52
CDA	Codan	56.53	-8.08
MAF	Ma Financial	4.43	-7.71
AIS	Aeris Resources	0.43	-7.53
FRS	Forrestania Res	0.33	-7.14
TLX	Telix Pharmaceut	13.66	-5.92
CU6	Clarity Pharmace	1.68	-5.9
AMI	Aurelia Met	0.41	-5.81

OPINION

Latest Market Matters Opinions

22/10/2026 16:50

Broker Moves

• NEXTDC Cut to Equal-Weight at Morgan Stanley; PT A$6.70 • Medallion Metals Rated New Buy at Unified Capital • NEXTDC Raised to Buy at Morgans Financial Limited; PT A$7.50 • NEXTDC Cut to Speculative Buy at Canaccord; PT A$9.20 • Aristocrat Cut to Hold at Jefferies; PT A$68 • Telix Pharma Cut to Neutral at Barrenjoey; PT A$18.80 • NEXTDC Cut to Hold at Jefferies; PT A$5.50 • Nick Scali Cut to Sell at Citi; PT A$13.25 • Frontier Energy Cut to Speculative Buy at Bell Potter • 29Metals Raised to Accumulate at Morgans Financial Limited • Clinuvel Cut to Trim at Morgans Financial Limited; PT A$7

22/10/2026 16:50

Nick Scali (ASX: NCK) $12.03

NCK –15.34%: delivered a disappointing trading update showing signs of weakness across Australia and New Zealand, flagging a material downgrade to first-half earnings expectations.

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: The digital marketplace stocks are fighting back

Morning report 22/10/2026

Afternoon Report

The Match Out: ASX slips on oil and inflation risks as Tech finds its footing

Afternoon report 22/10/2026

Ask James ASK A QUESTION

Ask James

Question asked 17/10/2026

Your view on FXG and FEG

I like to have your view-analyses on FXG and FEG please, thanks,

Ask James

Question asked 17/10/2026

YEAR TO DATE

Good Morning, Well, it has sometimes felt like the "year of waiting" this year. I'm not a day trader, so I suppose I'm more susceptible to the highs and lows by holding stocks. But the All Ords began the year at 9208 and went through 8686, 9430, 8571 and 9445 to be at 8921 as I write, down about 3%. That to me is very volatile. Is this our market now or do you see things settling down into 2027? Thanks gents.

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

9.66% 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 9.66% 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

NCK

SEK

REA

CAR

MAF

NXT

ABB

KIT

BGL

BHP

HUB

Chart of the week

Judo Capital Holdings Pty Ltd (JDO)

Aus. Investment blog Subscribe to blog

Why Fortescue (ASX: FMG) is down ~5%

Fortescue has fallen below $15 driven entirely by a weak Q1 FY2027 production report released last night that revealed a serious and escalating standoff with China's centralised iron ore buying agency.

ASX: FMG 21/10/2026

Why has NEXTC (ASX: NXT) plunged 40%?

NEXTDC (NXT) is trading down ~40% after cutting guidance by approx. 37% after electricity distributor Jemena suspended power connections to NEXTDC's Melbourne M3 data centre in late September,

ASX: NXT 21/10/2026

Morning Report

What Matters Today: The digital marketplace stocks are fighting back

Morning report 22/10/2026

Afternoon Report

The Match Out: ASX slips on oil and inflation risks as Tech finds its footing

Afternoon report 22/10/2026

Ask James ASK A QUESTION

Ask James

Question asked 17/10/2026

Your view on FXG and FEG

I like to have your view-analyses on FXG and FEG please, thanks,

Ask James

Question asked 17/10/2026

YEAR TO DATE

Latest View Points

NCK

SEK

REA

CAR

MAF

NXT

ABB

KIT

BGL

BHP

HUB

Chart of the week

Judo Capital Holdings Pty Ltd (JDO)

Aus. Investment blog Subscribe to blog

Why Fortescue (ASX: FMG) is down ~5%

ASX: FMG 21/10/2026

Why has NEXTC (ASX: NXT) plunged 40%?

NEXTDC (NXT) is trading down ~40% after cutting guidance by approx. 37% after electricity distributor Jemena suspended power connections to NEXTDC's Melbourne M3 data centre in late September,

ASX: NXT 21/10/2026

Opinion + Action