Market Updates

US markets staged an emphatic recovery overnight, with the Dow down more than 1100 points at one stage, only to close 99 points higher. Didn’t help the SPI Futures all that much however, down 92 points heading into today’s session. Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 92 points. Dow stages 1200 point rally off lows closing up 99 points. Nasdaq up 86 points. VIX...

The ASX down 36 points to 7140 (0.5%). The market went into pause mode today after initial drops as we await the FOMC this week. Slightly complicated by Australia Day holidays. Mining stocks were on the nose as iron ore stocks fell, BHP down 0.2%, FMG fell 2.0% after a UK takeover and RIO down 0.7%.  Lithium stocks were once again depressed, PLS off 2.5%, MIN down 3.5% and IGO falling 1.0% but sec...

US markets gave up solid early gains overnight, diving sharply into the close. The Dow was up more than 460 points but closed down 313, whilst the range was more than 800 points - not signs of a healthy market. No need to panic though, with Henry in your corner with his Breakfast Briefing.  ASX SPI Futures down 49 points. US markets fall hard again.  Dow down 450 points (1.3%) Nasdaq down 2.7% Oil...

The ASX 200 collapsed today as both resources and banks suffered heavy losses. The ASX 200 fell 167 points to 7176 (2.3%) below support and the bottom of the recent trading channel. Largest loss in a year.  Banks were struck down hard with the Big Bank Basket down to $174.78 (-1.3%) led by CBA off 1.3%, WBC down 0.6% and MQG down 3.8%. Insurers whacked with QBE down 2.2% and SUN off 1.9%. Big fall...

ASX 200 SPI Futures down 66 points. US markets gave up good gains as tech sell continues. Dow down 0.9%. Nasdaq down 1.3%. Netflix falls 18% after hours on results. Peloton down 24%. Commodities firm. Oil steady. Gold steady. Iron ore up 2.7% BHP vote says yes. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX rose 10 points to 7342 (0.14%) as resources rallied hard and banks and industrials flopped. Good recovery BHP vote tonight. The Big Bank Basket fell again to $177.00 (1%) with NAB down 1.3%, CBA off 0.7% and MQG also under pressure down 0.6%. MFG managed some gains but was a rare patch of green. Insurers fell with MPL down 3.2%, SUN off 1.5% and ASX falling 2.0%.  Industrials slid slightly...

ASX 200 SPI Futures up 10 points. US markets volatily. Dow down 1% Nasdaq down 1.15% now in correction officially. Commodities very firm. Oil up 1%. Gold up 1.7%. IO up 2.3%. Base metals better. Nickel the stand out up 4.9%. SQ2 begin trade today. APT no more. BHP Vote. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

ASX 200 SPI Futures down 66 Dow falls 1.5% Nasdaq sold off heavily down 2.6% Goldman Sachs drops 7% on a profit miss and rising costs. US 10-year yields rise again. MS buys Activision for $69bn. Oil at seven year highs. Iron ore up 2.7%. Gold down slightly. Base metals mixed. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX fell 76 points to close at 7333 (1.0%) after trying valiantly to rally at lunch, giving up the ghost as the US futures markets turned south. Banks weighed heavily with CBA down 1.5% NAB off 1.2% and MQG falling 3.7% in sympathy with Goldman Sachs. The Big Bank Basket fell to $178.20. Insurers were relatively unchanged despite 10-year yields hitting 2%. Fund managers also on the nose with M...

The ASX fell 9 points to 7409 (0.1%) in cautious trade, flip flopping around from positive to negative as banks fell in the PM session. The Big Bank Basket fell to $180.36 (0.2%) with CBA leading the falls as a broker downgrade, the stock off 0.4% with NAB also down 0.1%. MQG joined in the slight sell off falling 0.4% and insurers also slid, MPL down 2.3% and IAG down 1.6%. Healthcare too under a...

ASX 200 SPI Futures up 22 points. European markets firm. US markets closed for MLK Day. Nickel up 3.3%. Oil up 0.5%. Gold slightly higher. Iron ore down 2.2% Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 kicked 23 points higher in an afternoon rally closing at 7417 (0.3%). US markets closed tonight for Martin Luther King Day. Banks rose led by CBA up 0.3% and the Big Bank Basket up to $180.80. MQG strong again and fund managers doing well with MFG up 4.2%, PDL bouncing back 7.8% and PPS up 4.2%. Healthcare better with CSL up 0.8% and COH up 1.5%. Industrials too in demand after WES gui...

US markets finished weaker on Friday night and SPI Futures were down 28 points at the Saturday morning close. Get up to speed with Henry's Breakfast Briefing.  ASX 200 SPI Futures up 28. Dow falls 202 (0.6%) Nasdaq up (0.6%). US Reporting season continues. Oil sprints 2.9% ahead. Gold flat. Base metals mixed. Iron ore down.   Why not sign up for a free trial ? Get access to expert insights an...

The ASX 200 stumbled 81 points lower to 7394 (1.1%) on weak overseas leads and tech under pressure here. Banks took flight with the Big Bank Basket down to $180.07 (1%) led lower by CBA down 1.2%, NAB down 0.6% and MQG down 1.0%. Insurers also eased with QBE down 1.0% and PDL down heavily on disappointing FUM numbers falling 15.8%. Healthcare slipped as CSL fell 2.0% SHL down 1.2% though RMD rose...

ASX 200 SPI Futures down 38 points. US markets under pressure. Dow down 0.5% Nasdaq down 2.5% Commodities mixed. Iron ore off 2.8%  Gold down 0.6% Oil down 1% Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX 200 moved up 36 points to 7474 vas enthusiasm waned slightly. Resources were once again the place to be as iron ore hit a 3-month high and lithium stocks surged yet further ahead. BHP moved 3.8% ahead of the crucial vote next week, RIO up 4.1% and FMG up 2.5%. In the white powder stocks, PLS rose 4.2%, MIN up 3.0% as a double whammy winner and IGO rose 3.8%. Base metal stocks also in deman...

ASX 200 SPI Futures down 3. US markets unphased by CPI at 7%.  Dow up 0.1% Nasdaq up 0.2%. Commodities kick again. Copper and nickel stand outs. Iron ore above US$130 up 2.3%. Oil better by 1.1%. Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX rose 49 points to 7439 (0.7%). Some caution crept in ahead of US data. Banks were flat with the Big Bank Basket at $180.52. MQG bounced back from recent losses up 1.6%, ASX rose 1.9% though MFG eased 1.9%. Healthcare was mixed, CSL rose 1.9% but SHL down 0.9%.  Industrials slightly better with WES up 0.6%, TLS up 2.0% and TPG up strongly by 5.0% on a broker upgrade. Tech slightly firmer le...

ASX 200 SPI Futures up 63. US markets rally hard on Fed chief comments on interest rates.  Dow up 183 Nasdaq up 211.  Oil up 3.5%. Nickel at 7 year high.  Iron ore up 2.5% Gold up 1.3% Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX 200 slips 57 points to 7390(0.8%) as banks stumble lower. The Big Bank Basket fell to $180.67 down 1.2%. CBA led the rout with a loss of 1.5%. WBC fell 0.7% and MQG dropped 1.4%. MFG bucked the trend with a small gain of 2.7%. Insurers dropped with QBE down 1.3% as 10-year yields eased back to 1.89%. Healthcare also fell led lower by CSL down 0.7% and SHL off 0.6%.  Industrials too succumb...

ASX 200 SPI Futures down 41 points. US markets stage a big turnaround with Nasdaq closing up after 2.7% falls.  Gold slightly better. Oil off 1%. Iron ore down 1.5%. Base metals mixed. Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX clawed its way back to finish down 6 at 7447 . After a negative start on tech woes, resources kept the index close to flat on thin holiday volumes. Iron ore miners led the gains with BHP up 2.4% and FMG rallying 1.3%. Lithium stocks were back in vogue as PLS piled on the points up 2%, MIN made minor gains up 2.7% and AKE up 0.8%. Energy stocks also in demand with WPL up 2.3%, STO up 0.7% a...

ASX 200 SPI Futures up 2 points. US markets weaker. Nasdaq down 0.96%. Oil slips, gold better and iron ore off 0.7% Resource stocks in focus. Lithium especially. Sign up for a free trial to get full access to expert insights and independent stock market  research.

The ASX 200 pushes 23 points higher to 7388 (0.3%) in thin listless trade as Xmas approaches. Banks led the market higher as the Big Bank Basket rose to $177.40 (0.44%) with CBA up 0.3% and NAB gaining 0.6%. MQG rose 0.6% and insurers also did well as bonds rose slightly. MFG saw a 5.2% rise after CIO goes on the charm offensive. Healthcare also doing well as CV19 cases soar in NSW and testing inc...

US markets extend gains, putting the S&P 500 within shouting distance of its all-time high. SPI Futures are up 39 points and perhaps, just perhaps, the Santa Claus rally is on the way. At the very least, he seems to have taken over today’s Breakfast Briefing.  ASX SPI 200 Futures up 39 points. Dow Jones up 261 (0.74%) Nasdaq up 181 (1.18%) Commodities better. Gold up 0.9% Iron ore down slightl...