24/02/2025 09:37

ASX200 Index

The ASX200 is set to make fresh February lows this morning, around the 8230 level, following broad-based losses on US bourses, where traders demonstrated no interest in going home long ahead of Trump's next move.

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19/02/2025 09:35

The ASX200

The ASX200 fell 0.66%, with losses compounded by the RBA’s less-dovish or arguably hawkish commentary after the rate cut. Weakness was noticeable in the rate-sensitive banks and retail stocks, with CBA, NAB, and WBC contributing more than 60% of the main boards' fall.

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17/02/2025 09:15

ASX200 Index

The ASX200 is set to open back around 8500 this morning after posting new highs last Thursday and Friday, although in both cases, the intra-day selling following early strength caught our attention.

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10/02/2025 09:19

ASX200 Index

The day-to-day volatility has been increasing lately, which is not unusual on the stock level through reporting season, but ~100-point index swings are. However, with Trump in power, further “fun & games” appear highly likely, but this condition brings opportunity for the prepared.

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03/02/2025 09:16

ASX200 Index

 The risk of a retaliatory trade war could rock richly valued global stock markets but it shouldn’t come as a major surprise to subscribers – remember our outlook/mantra for 2025: We are looking for the ASX to advance in a “3-steps forward, 2-back fashion” through 2025 with buying the dip as our preferred course of action.

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25/09/2024 09:11

First Up

On Tuesday, the ASX200 delivered a perfect example of how investing is far more about stock/sector performance than the underlying index, which attracts too much attention.

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22/07/2024 09:33

Equity Indices

This morning, the ASX200 is poised to test its previous resistance level, which capped it throughout 2024 before this month's surge above 8000; let's hope the bullish move doesn’t prove short-lived. By definition, once the market broke out above 7900, it went from resistance to support from a technical perspective.

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19/06/2024 09:16

First Up

The ASX200 enjoyed a strong day at the office on Tuesday, adding to a solid opening throughout the day to finish up over 1%. Gains were encouragingly broad-based, with over 75% of the main board and all 11 sectors closing in positive territory as sellers appeared to take a lead from the looming US Juneteenth National Independence Day holiday. There were a couple of standout moves that should unsettle the numerous bears who are getting plenty of air time in the press.

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18/06/2024 09:19

First Up

As we’ve discussed previously, this elastic band could stretch further into June 30th, but what comes next is the important question. In a nutshell, MM believes AI is a very real structural shift whose benefits will reach well beyond Nvidia (NVDA US). However, as we’ve witnessed with lithium, optimism can stretch way too far before a reality check delivers what is likely to be no more than a healthy correction. We are investing in extremely exciting times that can deliver solid returns for flexible and open-minded investors.

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17/06/2024 08:45

Equity Indices

The ASX200 market slipped lower throughout the shortened week, finally closing down -2%, with a very heavy Resources Sector dragging the index lower. The EOFY is only a fortnight away, with volatility likely to lift on the stock level, and history tells us that’s not great for the underperformers. Year to date, the Materials Sector is down -11.7%, making it a prime target for some tax loss selling.

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