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Recent Episodes

End of Day Report – Monday 26 October: ASX 200 recovers 15 - Resources back in favour - Banks drift lower - CGF knocks back Japanese.

The ASX 200 fought back from early losses to close up 15points at 8,810 (0.2%) Banks, which were the source of weakness early, rallied, with CBA down 0.5% and the other three down around 0.7%. Insurers eased, with QBE down 1.2% and IAG down 0.3%. In other financials, CGF knocked back the bid from the Japanese, falling 0.6%. REITs were better, led by GMG up 2.6% and VCX up 1.7%. Elsewhere, safe havens came under a little pressure, with WOW down 2.1% and COL down 1.5%, together with TLS. Retail...

9 MIN

Pre-Market Report – Monday 26 October: US Markets pullback - SPI down 43 - Inflation data this week - Central bank Fest!

Wall St fell Friday as oil kept climbing and breadth turned notably negative (having initially held up during the Thursday night tech rout). Dow Jones down 653 points. S&P 500 down 0.52%. Nasdaq down 0.21%. Russell 2000 down 0.29%. Mag7 down 0.54%. SOX up 0.44%. SaaS up 1.7%. ASX set to fall today. SPI Futures down 43 points or 0.5%. For the week, the S&P 500 fell 0.47% and the Nasdaq dropped 0.71% as Meta reignited AI debt concerns and Middle East dysfunction continued. Mag7 do...

10 MIN

End of Day Report – Friday 23 October: ASX 200 up 2 - CBA soars over 4% - Resources smashed - TPW up 33% - ZIP comes undone.

ASX closed up 2 points or 0.02% on Friday. 7 of 11 sectors higher. Materials sank 3.85% as gold, copper, silver and lithium prices fell after the overnight Wall Street tech sell-off. BHP closed down 3.6%, FMG down 2.1%, PLS down 8.1%. Discretionary and financials performed best, up 2.57% and 2.21%, as investors found defensive ground and retail bargains. The Big Four closed up between 0.9% and 4.3%, with CBA best. WES up 3.8%, NCK bounced 5.2% after falling 15.3% yesterday. Gold miners strugg...

15 MIN

Pre-Market Report – Friday 23 October: US tech tumbles - Nasdaq and Chips fall hard - SPI down 19 - Yields drop on safe haven demand

US stock indices closed lower on Thursday amid a sell-off in technology stocks. The S&P 500 fell 1.2%, and the Nasdaq lost 2.9%, while the Dow closed flat. Tech stocks were under pressure as corporate earnings failed to impress, renewing concerns over the AI trade, while the rotation away from semiconductor stocks continued. Meta sank 7% despite reporting higher earnings and revenue, as its credit risk reached a record high. Meta plans to ramp up capital spending reignited fears that tech...

14 MIN

End of Day Report – Thursday 22 October: ASX 200 falls 38 - NXT recovers a little - US futures fall - FMG down 4.5% on China woes.

The ASX 200 closed down 38 points at 8793, well off the lows, as the banks continued to offer stability, whilst mining stocks were generally easier, with comments from FMG on Chinese iron ore negotiations hurting the big boys and falling 4.5%. BHP lost 2.4%. Gold miners were also slipping after a slightly positive start, but bullion prices eased in Asia. The oil and gas sector was also easier, with WDS down 3.5% and STO down 1.3%. The banks held steady, with ANZ up 1.2% and the Big Bank Baske...

12 MIN