Skip to Content
scroll
A200
MM remains bullish towards the ASX200 around 8700 into Christmas
Add To Hit List
IVV
MM remains bullish towards the S&P 500 below 7800
Add To Hit List
IEU
MM is bullish towards the EURO STOXX around 6275
Add To Hit List
SUL
MM is bullish towards SUL around $13
Add To Hit List
CHC
MM is bullish CHC ~$18.50
Add To Hit List
NVDA US
MM remains bullish NVDA US ~$US240
Add To Hit List
NCK
MM remains bullish NCK ~$14
Add To Hit List

Latest Reports

Morning report

Portfolio Positioning: Consumer confidence tests its 30-year low

The ASX advanced +0.6% on Tuesday on relatively broad based gains with over 60% of the main board closing higher. However, it was the rare combination of strength in both materials and financials that dragged the index higher, contributing ~86% of the days advance from a points perspective. What caught our eye was some buying coming back into some of the consumer facing stocks, ironically just as consumer confidence data plunged towards a 30-year low - there’s nothing quite like the combination of rising interest rates and cost-of-living pressures to squeeze everyday Australians, particularly when the holy grail of household wealth - property prices, are falling at the same time.

Afternoon report

The Match Out: ASX continues its bounce as REITs and Materials drive gains

The ASX moved higher for a third straight session with some confidence returning to the market. The rally was driven by a very different mix of stocks to what we saw on Wall Street overnight, with Real Estate leading despite bond-yields remaining elevated, and Materials also looking strong. Technology was the only significant detractor, failing to mirror the move seen overnight in the US as the tech-focused Nasdaq surged to new all-time highs.

The Match Out Market Matters 2
Morning report

Macro Monday, on a Tuesday: Bond yields continue to weigh on stocks

The financial press keeps telling us that stocks are expensive and a correction is inevitable, yet US markets remain within 1% of new all-time highs. The chart below tells an interesting story about the two factors pulling the S&P 500 in opposite directions through 2026. Blended forward EPS estimates have surged 35% since year-end, reflecting strong corporate earnings, particularly across AI-related companies, yet the index itself is up only +11.8%.

Weekend report

Weekend Q&A: Has the ASX 200 found its low?

The ASX 200 finished a volatile week up +0.2%, almost as if Thursdays ~2% plunge to fresh four month lows didn’t exist. The weekly change masked significant volatility as investors digested the RBA’s fourth rate hike of 2026 alongside softer-than-expected inflation data. Technology was the standout sector, surging 7.3%, while the dominant theme remained interest rates, with the cash rate reaching a 15-year high of 4.6%, although softer CPI and Governor Bullock’s subsequent comments tempered expectations for further tightening.

Afternoon report

The Match Out: ASX bounces back as broker upgrades lift market out of two-day funk

The ASX bounced today following yesterday’s broad-based sell-off with the rebound driven by a recovery in Technology, while nine of the 11 sectors finished higher. The move leaves the index up +0.2% for the week after a volatile few sessions, with the market still looking for confirmation that the recent surge in bond yields and oil prices has potentially peaked.

The Match Out Market Matters 2
Morning report

ETF Friday: 3 ETFs for yield away from Private Credit

The ASX 200 was walloped ~2% on the first day of October, registering its biggest daily fall in over six months on broad based selling which saw over 90% of the main board close lower. The selling was compounded by the index breaking to fresh 4-month lows, triggering momentum and trend following systems sell to more, erasing close to $60bn from the index in the process. We believe the aggressive nature of yesterday’s decline came down to three reasons.

Afternoon report

The Match Out: ASX gets hit, falls to 3-month low as global bond yields push higher

Today's move was effectively the mirror image of yesterday with the ASX back to its lowest level since June. The market rallied almost 1% yesterday on softer CPI and hopes that the RBA may be close to the end of its tightening cycle, but bond yields reversed higher overnight and quickly put that trade under pressure.

The Match Out Market Matters 2
more
image description

Relevant suggested news and content from the site

image description
JB Hi-Fi (JBH)
image description
Webinar Recording: Are commodities entering a Supercycle?
image description
Thursday 11th September – Dow off -220pts, SPI off -20pts
image description
Overview
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
Nick Scali Ltd (NCK)
image description
Buy Hold Sell: 5 ASX tech stocks bouncing back from the SaaS-pocalypse
image description
NVIDIA (NASDAQ: NVDA)
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

The ASX advanced +0.6% on Tuesday on relatively broad based gains with over 60% of the main board closing higher. However, it was the rare combination of strength in both materials and financials that dragged the index higher, contributing ~86% of the days advance from a points perspective. What caught our eye was some buying coming back into some of the consumer facing stocks, ironically just as consumer confidence data plunged towards a 30-year low – there’s nothing quite like the combination of rising interest rates and cost-of-living pressures to squeeze everyday Australians, particularly when the holy grail of household wealth – property prices, are falling at the same time.

Back to top