The Match Out: Uranium stocks fly in a flat market

Nice to get back to the desk after a break and re-engage with Market Matters members as we kick off what should be another exciting one, full of opportunities. As we suggested this morning, we will endeavour to steer you all in the right direction throughout the year! Today was a flat session at the index level, however, there were a few fire-works under the hood, the most obvious in the Uranium space after the world’s largest producer cut production forecasts highlighting just how tight the market currently is.

scroll

OPINION
ACTION

Latest Reports

Morning report 05/08/2025 10:51

What Matters Today: Three defensives MM likes when it’s time to de-risk portfolios

The ASX200 recovered from early losses on Monday to end the session in positive territory, an impressive performance considering the Dow's more than 500-point drop on Friday night.

Afternoon report 04/08/2025 17:17

The Match Out: ASX shrugs off U.S market rout, closes flat.

The ASX opened on the backfoot this morning, however that was the worst of it, with strength amongst the miners and supermarkets offsetting weakness elsewhere. US Futures edged higher, and Asia was also well supported during our time zone, moving past the weakness we saw in US economic data on Friday.

Alerts 04/08/2025 09:53

Trade Alerts – Active Growth & Income Portfolio’s

MM is making two changes across two portfolios

Morning report 04/08/2025 09:20

Macro Monday: The Goldilocks Trade tailwind is being questioned

Since Trump unleashed chaos on global equities in April with his tariff bombshell, their recovery has been nothing short of remarkable. In just three months, the ASX200 and US S&P 500 have surged by +22% and +33% respectively. At MM, we’ve held a bullish stance through the recovery, but our confidence is now waning. The cornerstone of the stunning recovery has often been referred to as the “Goldilocks Scenario”.

Weekend report 02/08/2025 09:33

Weekend Q&A: A weak US Jobs Report weighs on stocks ahead of reporting season

The ASX200 slipped 0.1% last week after a tough Friday session, but it still ended up 2.3% for July. Earnings season is upon us, and it's already started to exert its force on the market - It's not often you see an ASX200 stock halve in the blink of an eye! We have begun the seasonally weak August-September period for the ASX, and on cue, the index has started to feel a touch soft, although 2-days doesn't make a summer.

Afternoon report 01/08/2025 17:07

The Match Out: Soft end to a choppy week for the ASX

Tariffs were back impacting the ASX today after the Whitehouse said that it will maintain a minimum global levy of 10%, while imports from countries with a trade surplus with the US will face at least 15%.

Morning report 01/08/2025 09:34

ETF Friday: ETFs to consider as the President hammers the Copper Traders

The ASX 200 ended the Thursday session down just 0.2%, recovering ~80% of its early decline, with winners and losers evenly matched. July lived up to its seasonal reputation, closing up +2.4%. If not for a -2.6% clobbering of the influential Materials Sector yesterday, we could easily have been trading at new highs.

Afternoon report 31/07/2025 17:22

The Match Out: ASX drifts lower as Materials slump on US Copper selloff

The ASX started the day on the backfoot with the materials space copping a beating after the ~20% selloff in US copper overnight as the index fell -55pts early, but the ~8700 level held well.

Morning report 31/07/2025 11:31

What Matters Today: The GLP-1 Ozempic-Esque drugs illustrate the dangers of chasing the next “Hot Thing”

The ASX200 surged +0.6% on Wednesday, closing within 0.2% of its all-time trading high after the soft inflation print ignited the rate-sensitive stocks/sectors. Real estate, consumer discretionary, and the financials all closed up more than 1%.

Afternoon report 30/07/2025 17:23

The Match Out: Soft inflation print lights the ASX up on rate cut optimism

A strong session for the ASX today back testing all-time highs with softer than tipped inflation data at 11.30am the catalyst. The RBA having been waiting for this quarterly print on price pressures, and now the door is fully ajar for a rate cut on the 12 August.