Skip to Content
scroll
AUDS
MM is bullish towards the A$, bearish towards the US$ and accordingly bullish towards gold
Add To Hit List
VBTC
MM is bullish towards Bitcoin around US$77,000
Add To Hit List
A200
MM remains bullish towards the ASX200 around 9050
Add To Hit List
IVV
MM remains bullish towards the S&P 500 around 7650
Add To Hit List
F100
MM is bullish towards the FTSE around 10,800
Add To Hit List
GGOV US
MM is cautiously bullish towards US 30-year bonds (yields lower)
Add To Hit List
OOO
MM is neutral towards December Brent Crude around US$90
Add To Hit List
MXI US
MM is neutral towards iron ore around US$95/MT
Add To Hit List
AUDS
MM is bullish towards the A$ targeting the 75c area
Add To Hit List
SEMI
Trade Idea: Buy Global X Semiconductor ETF (SEMI) using a limit of $34.50, with stops at $32, around 7% risk.
Add To Hit List
FCX US
MM is long and cautiously bullish toward FCX around US$76
Add To Hit List

Latest Reports

Morning report

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

The ASX 200 did well to eke out a modest gain on Monday despite a steady stream of negative news and weakness across global equity markets. Gains in the banks almost exactly offset weakness in the miners as the news continued to weigh on the previously high-flying sector

Weekend report

Weekend Q&A: Rising bond yields send the ASX 200 down to 10-week lows

The ASX 200 fell 2.9% last week, extending the month's decline to 3.7% - we did warn members that September is the historically weakest month of the year! For reference, the worst-performing September of the last decade was 2022, when bond yields also surged higher, and that year the index closed down 7.3%.

Morning report

ETF Friday: Four ETFs to consider if the ASX follows the 2022/2026 road map

The ASX 200 was clobbered on Thursday, falling more than 1% as broad-based selling left just 20% of the main board in positive territory. However, the market did recover 77 points from its intraday low, trimming around 45% of the day’s decline by the close. Yesterday was the local market’s third consecutive decline, with a fourth likely today, and its largest daily fall in more than three months.

Afternoon report

The Match Out: ASX drops sharply; risk off dominates as yields and oil tick higher

The ASX took a punch today, but importantly, it got back off the canvas. The index was down as much as 1.8% around midday, its worst intraday fall since March, before buyers finally emerged and trimmed almost half of the session’s worst losses. It was still a third consecutive decline and all 11 sectors finished lower, but the late recovery was the first sign in a few sessions that the market is prepared to lean into weakness (at the right price).

The Match Out Market Matters 2
Morning report

What Matters Today: Could the BOJ & US Treasury trigger the next ASX rotation?

The ASX 200 extended September's pullback by another -0.1% on Wednesday despite a barnstorming session for the heavyweight copper miners - BHP Group (+3.3%), Sandfire (+2%) and RIO (+1.9%). However, broad-based weakness, which saw over 60% of the main board retreat, with standout selling in the CBA (-2.5%) enough to drag the index under 8900. Another strong move in oil prices, which rallied over 2% during local trade, was enough to keep buyers on the sidelines as it increasingly feels like the US has lost control of events in the Straits of Hormuz. We defer back to a comment in yesterday's report:

Afternoon report

The Match Out: ASX flat as BHP and energy offset bank and tech weakness; Austal jumps on Wildcat counterbid

The ASX went on a round trip today, rising early, giving it all back and trading lower through to midday before popping in the afternoon, closing almost flat for the session. The headline index masked another fairly weak session underneath, with the banks and Healthcare under pressure while Energy and Materials did most of the heavy lifting with the Big Australian and Rio keeping the index afloat accounting for +30pts of gain between the two heavyweights.

The Match Out Market Matters 2
Morning report

Portfolio Positioning: The “reverse wealth effect” is weighing on the ASX

September is living up to its seasonally weak reputation, with the ASX 200 falling another 1% on Tuesday to close at a fresh six-week low. Local stocks endured their worst session in three months as selling swept across the market, as more than 65% of the main board closed lower, with the banks doing the most damage, accounting for roughly half of the index’s decline.

more
image description

Relevant suggested news and content from the site

image description
Telix Pharma Ltd (TLX)
image description
Webinar Recording: Are commodities entering a Supercycle?
image description
Thursday 11th September – Dow off -220pts, SPI off -20pts
image description
BHP Group Ltd (BHP)
image description
Buy Hold Sell: The 6 income stocks readers love, plus 2 expert ideas
image description
Wednesday 10th September – Dow up +196pts, SPI down -4pts
image description
BetaShares Global Uranium ETF (URNM)
image description
Buy Hold Sell: 5 ASX tech stocks bouncing back from the SaaS-pocalypse
image description
Goodman Group (GMG)
image description
Pulse Check Webinar: Portfolio positioning post the Budget
Members only

UNLOCK MARKET MATTERS NOW

Take a free trial.

No payment details required.

Already a member? Click here to login

Last week saw Scott Bessent emerge as one of the most interventionist Treasury secretaries in financial markets in decades, putting his and the Treasury’s credibility on the line in an effort to combat the damaging rise in US borrowing costs. On Wednesday, just two weeks after releasing its schedule for buying back older Treasury securities, the Treasury Department announced it would “at least double” its planned purchases of outstanding 10-year to 30-year debt.

Back to top