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Indices: Australian ASX 200

MM remains bullish the ASX200 short-term targeting the 6850 area, now only or ~2% higher

by Shawn Hickman

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ASX 200

by Shawn Hickman

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ASX 200

by Shawn Hickman

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ASX 200

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ASX 200 Index

by Shawn Hickman

The ASX200 surrendered some of Mondays gains yesterday on broad-based selling after the RBA minutes and a speech from Deputy Governor Bullock heightened interest rate concerns sending the yield-sensitive growth stocks back into the loser’s enclosure.

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MM is mildly bullish the ASX200 short-term

by Shawn Hickman

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ASX 200

by Shawn Hickman

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ASX 200

by Shawn Hickman

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ASX 200

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First Up

by Shawn Hickman

The ASX200 enjoyed a strong Monday taking its lead from US indices both on Friday night and the S&P500 futures during our day session i.e. the broad-based US index rallied +1.9% on Friday and the futures were up another +0.7% when the ASX closed yesterday. The buying was broad-based on Monday with over 75% of stocks rallying as “risk on” was clearly the theme of the day with the IT, Resources…

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