G'day, mooers! Check out the latest news on today's stock market! • Consumer confidence falls but major stock indexes still rise • Australian markets extend yesterday's gains, await February CPI data • Stocks to watch: PDN, HM1 and etc. Wall Street Summary The Conference Board reported on Tuesday morning that its consumer confidence index fell 7.2 points to 92.9 in March. Worse still, the index of expectations for the indicato...
• US markets: Rally led by Miners after the US dollar falls. Freeport-McMoRan gains 9%, Mosaic up 5%. • Australian markets: Focus on healthcare which outperforms in market crashes. Coincidently ResMed was upgraded with investment banks seeing higher earnings ahead. • Stocks to watch: Freeport-McMoRan, Mosaic, BHP RedMed The Australian market looks set for a mild ‘relief rally’ Thursday and like US stocks attempted to rall...
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Yesterday my vix went up, by the end of the day things settled and it lowered, today i checked my flock they have steadied,some charge on and my vix has returned to normal for now. Following the beautiful bondi strategist, is like four seasons in one day gotta love the markets.
Earnings season has a tendency for some volatility. It's a good opportunity to get in lower, then sell higher, or just buy low and sit on it while it grows (hopefully!) An old mantra is buy on the rumour, sell on the news. This is very true when applied to ASX listed stocks, especially in energy and mining. I've said it before and will say it again..... one has to keep a close eye on Joint Ventures (JV's) and Mergers and ...
The Australian stock market has demonstrated strong performance, rising by 1% in the past week and an impressive 9% over the past year. With earnings expected to grow by 14% annually, this favorable economic climate makes dividend stocks particularly attractive for investors looking for both stability and potential income growth. Within the Australian market, we have highlighted the top 10 companies with the best performance ...
Who is Wesfarmers Ltd? $Wesfarmers Ltd (WES.AU)$, based in Australia, is a diversified conglomerate established in 1914. Originally founded as a farmers' cooperative in Western Australia, it has grown to become one of the largest retail companies in Australia and is also listed among the Global Fortune 500 companies. Headquartered in Perth, Western Australia, Wesfarmers has extensive operations across various industries. Its retail op...
Hey guys, minimum wage is up and it's bound to have some ripple effects on ASX shares! More cash in workers' pockets spells good news for consumer spending and likely a boost for various sectors. With the wage hike slightly above inflation, we can expect a boost in consumer spending, which is music to the ears of companies selling discretionary goods and services. This is good news for most ASX shares in consumer discretionary, staples, healthcare...
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I honestly think that horse has already bolted Phillip and what the Government is doing definitely wont help my higher for longer view
Hey, market explorers! ! 👋 Let's dive into how the federal budget affects our beloved Australian assets, shall we? 🚀 💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦 📈 Bonds - Another surplus on the horizon, but hold...
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
Wesfarmers Ltd Stock Forum
• Consumer confidence falls but major stock indexes still rise
• Australian markets extend yesterday's gains, await February CPI data
• Stocks to watch: PDN, HM1 and etc.
Wall Street Summary
The Conference Board reported on Tuesday morning that its consumer confidence index fell 7.2 points to 92.9 in March. Worse still, the index of expectations for the indicato...
• Australian markets: Focus on healthcare which outperforms in market crashes. Coincidently ResMed was upgraded with investment banks seeing higher earnings ahead.
• Stocks to watch: Freeport-McMoRan, Mosaic, BHP RedMed
The Australian market looks set for a mild ‘relief rally’ Thursday and like US stocks attempted to rall...
An old mantra is buy on the rumour, sell on the news. This is very true when applied to ASX listed stocks, especially in energy and mining.
I've said it before and will say it again..... one has to keep a close eye on Joint Ventures (JV's) and Mergers and ...
JB Hi-Fi Shares Surge As Officeworks Owners Shares Wobble
With earnings expected to grow by 14% annually, this favorable economic climate makes dividend stocks particularly attractive for investors looking for both stability and potential income growth. Within the Australian market, we have highlighted the top 10 companies with the best performance ...
$Wesfarmers Ltd (WES.AU)$, based in Australia, is a diversified conglomerate established in 1914. Originally founded as a farmers' cooperative in Western Australia, it has grown to become one of the largest retail companies in Australia and is also listed among the Global Fortune 500 companies. Headquartered in Perth, Western Australia, Wesfarmers has extensive operations across various industries.
Its retail op...
Poor cafe owners - so worried about their next Porsche upgrade? $S&P/ASX 200 (.XJO.AU)$ $BHP Group Ltd (BHP.AU)$ $Rio Tinto Ltd (RIO.AU)$ $Wesfarmers Ltd (WES.AU)$ $Telstra Group Ltd (TLS.AU)$
With the wage hike slightly above inflation, we can expect a boost in consumer spending, which is music to the ears of companies selling discretionary goods and services. This is good news for most ASX shares in consumer discretionary, staples, healthcare...
💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦
📈 Bonds - Another surplus on the horizon, but hold...
• Top losers: $Coronado Global Resources Inc (CRN.AU)$ $Super Retail Group Ltd (SUL.AU)$ $JB Hi Fi Ltd (JBH.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 1.1% lower at 7721.6, snapping a five-session run of gains amid weakness in shares of banks and consumer-facing companies.
The benchmark i...
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