Skip to Content
scroll

Looking for something? Use this search to find it.

Search results: Reports

Afternoon report

The Match Out: ASX dips again, employment softens

The sell-off on the ASX continued today, although the morning session saw the worst of it, with the market down ~70 points just after the open, before buying the dip played out initially, with that trend continuing as employment data came in softer than expected at 11.30 am, good for the prospect of rate cuts and therefore good for stocks, and that saw a choppy session end at the mid-point of the day’s trading range.
Read more
The Match Out Market Matters
Afternoon report

The Match Out: ASX drifts lower, Evolution Mining (EVN) whacked

Gold stocks copped it on the chin following a pullback in Gold prices overnight and weaker-than-expected production numbers from sector pin-up Evolution Mining (EVN) today, continuing a soft period for the resources sector more generally. The $US rallied overnight on higher bond yields, a Fed Governor suggesting that priced rate cuts in the United States are simply too excessive, a view we concur with.  Upward pressure on the greenback puts downward pressure on commodities, although this is a move we would fade rather than follow.
Read more
The Match Out Market Matters
Afternoon report

The Match Out: ASX cops reality check, all sectors down

Markets looked tired with the ASX getting knocked on broadly lower European markets overnight (US markets closed) however US futures were also a bit soggy during our time zone.  Lots of broker moves as analysts get their feet back under the desk with cuts aplenty today which hurt different pockets of the market, but overall, it looks like the market needs a breather here after a great run.
Read more
The Match Out Market Matters
Afternoon report

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.
Read more
The Match Out Market Matters
Afternoon report

The Match Out: ASX down but held up better than Futures implied

A few in the market scratching their heads this morning about the 1.5% decline in the last few hours of trade overnight, multiple reasons at play, with a big put options position as one of them, along with strong US economic data, however, the market has run hot and some profit taking met low volumes and selling fed on itself. The ASX though did better than the 1% decline futures were implying, the low for the day set early on before fighting back to end mildly lower, still ~750 points/ 11% above the 6751 low set on the 30th October. With one trading session to go before Christmas, the ASX200 is up 6.6% before dividends.
Read more
The Match Out Market Matters
Afternoon report

The Match Out: Another broad-based rally, PEXA (PXA) disappoints

The march continues with positive momentum remaining in the latest broad-based rally today. 10 of the 11 sectors closed higher, Tech being the one in the red today thanks to weakness in some of the larger constituents. As was the case yesterday, the ASX200 hit levels not seen since February this year, trading through 7550 late in the day before cooling off on the close.
Read more
The Match Out Market Matters
Afternoon report

The Match Out: Santa rally takes ASX to 10-month highs, G8 Education (GEM) impresses

The bullish sentiment returned to the market today, storming higher to levels not seen for 10 months. All sectors took part in the rally with the laggard, Staples, still up by more than 0.5%, though Utilities, Tech and Consumer Discretionary were the key winners. Energy was also a standout following attacks in the Red Sea overnight, disturbing supply routes.
Read more
The Match Out Market Matters
Afternoon report

The Match Out: Equities take a breather, Corporate activity heats up

Shares finally snapped a 6 session-winning streak today as the ASX took a breather from the impressive December run. Real Estate was the key laggard as exuberance over expectations of rate cuts settled. There remains some strong support for local equities, shares finished well ahead of the -1% drop implied by futures ahead of the market open this morning.
Read more
The Match Out Market Matters
Afternoon report

The Match Out: More green on the screen to round out a strong week

The strong momentum continued today, though this time led by the resources sectors as commodity prices found their feet. Shares finished ~0.3% off their highs with some profit taking through the afternoon but today’s rally makes it the 6th consecutive positive day for the ASX200 which is now up ~10% since the late November low of 6751. This week alone the index was up +247pts/+3.44%, higher for the third consecutive week
Read more
The Match Out Market Matters
more
BHP
MM remains long and bullish BHP
Add To Hit List
EML
MM remains long and bullish EML
Add To Hit List

Latest Reports

Afternoon report

The Match Out: ASX drifts lower, Evolution Mining (EVN) whacked

Gold stocks copped it on the chin following a pullback in Gold prices overnight and weaker-than-expected production numbers from sector pin-up Evolution Mining (EVN) today, continuing a soft period for the resources sector more generally. The $US rallied overnight on higher bond yields, a Fed Governor suggesting that priced rate cuts in the United States are simply too excessive, a view we concur with.  Upward pressure on the greenback puts downward pressure on commodities, although this is a move we would fade rather than follow.

The Match Out Market Matters
Afternoon report

The Match Out: ASX cops reality check, all sectors down

Markets looked tired with the ASX getting knocked on broadly lower European markets overnight (US markets closed) however US futures were also a bit soggy during our time zone.  Lots of broker moves as analysts get their feet back under the desk with cuts aplenty today which hurt different pockets of the market, but overall, it looks like the market needs a breather here after a great run.

The Match Out Market Matters
Afternoon report

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.

The Match Out Market Matters
Afternoon report

The Match Out: ASX down but held up better than Futures implied

A few in the market scratching their heads this morning about the 1.5% decline in the last few hours of trade overnight, multiple reasons at play, with a big put options position as one of them, along with strong US economic data, however, the market has run hot and some profit taking met low volumes and selling fed on itself. The ASX though did better than the 1% decline futures were implying, the low for the day set early on before fighting back to end mildly lower, still ~750 points/ 11% above the 6751 low set on the 30th October. With one trading session to go before Christmas, the ASX200 is up 6.6% before dividends.

The Match Out Market Matters
Afternoon report

The Match Out: Another broad-based rally, PEXA (PXA) disappoints

The march continues with positive momentum remaining in the latest broad-based rally today. 10 of the 11 sectors closed higher, Tech being the one in the red today thanks to weakness in some of the larger constituents. As was the case yesterday, the ASX200 hit levels not seen since February this year, trading through 7550 late in the day before cooling off on the close.

The Match Out Market Matters
Afternoon report

The Match Out: Santa rally takes ASX to 10-month highs, G8 Education (GEM) impresses

The bullish sentiment returned to the market today, storming higher to levels not seen for 10 months. All sectors took part in the rally with the laggard, Staples, still up by more than 0.5%, though Utilities, Tech and Consumer Discretionary were the key winners. Energy was also a standout following attacks in the Red Sea overnight, disturbing supply routes.

The Match Out Market Matters
Afternoon report

The Match Out: Equities take a breather, Corporate activity heats up

Shares finally snapped a 6 session-winning streak today as the ASX took a breather from the impressive December run. Real Estate was the key laggard as exuberance over expectations of rate cuts settled. There remains some strong support for local equities, shares finished well ahead of the -1% drop implied by futures ahead of the market open this morning.

The Match Out Market Matters
Afternoon report

The Match Out: More green on the screen to round out a strong week

The strong momentum continued today, though this time led by the resources sectors as commodity prices found their feet. Shares finished ~0.3% off their highs with some profit taking through the afternoon but today’s rally makes it the 6th consecutive positive day for the ASX200 which is now up ~10% since the late November low of 6751. This week alone the index was up +247pts/+3.44%, higher for the third consecutive week

The Match Out Market Matters
more
Back to top