$BHP Group Ltd (BHP.AU)$ Happily bought some just below $40 this morning just after open. BHP at these prices is my favourite bluechip investment on the ASX. In fact it's the only company I'm actively looking to buy currently.
5
IMO $BHP Group Ltd (BHP.AU)$ should report absolutely nothing about Uranium (other than acknowledging that it safely mines it), as it is not possible in this country these days to have an intelligent public discussion about anything nuclear without it quickly degenerating into extreme posturing.
Furthermore I would argue that the responsibility of the Board and the CEO to act in the best interests of the company and its shareholders requires them to avoid public brawling about Uranium.
As a share...
Furthermore I would argue that the responsibility of the Board and the CEO to act in the best interests of the company and its shareholders requires them to avoid public brawling about Uranium.
As a share...
📈 Despite Australia's economic slowdown, the #jobs market is holding up much better than expected.
Though that super-sized interest rate cut from the US Federal Reserve may put some pressure on the RBA to cut rates sooner (but not next Tuesday)![]()
$CommBank (CBA.AU)$
Though that super-sized interest rate cut from the US Federal Reserve may put some pressure on the RBA to cut rates sooner (but not next Tuesday)
$CommBank (CBA.AU)$ I reckon there is a big chance wave 5 has finished at $141.34.
If it is the 1st wave of A from $141.34 to $135.65 ($5.69), that indicates a target length of wave A as being $14.90 which leaves a target of $126.44.
Current price $138.50, down $0.79 from top of wave 2 of A.
If it is the 1st wave of A from $141.34 to $135.65 ($5.69), that indicates a target length of wave A as being $14.90 which leaves a target of $126.44.
Current price $138.50, down $0.79 from top of wave 2 of A.
2
RBA minutes are out. Lengthy time spent on mulling over an 'immediate' rate hike. Zero discussion of a rate cut other than the market pricing in several cuts in 2024 was misplaced. $S&P/ASX 200 (.XJO.AU)$
1
From a purely technical analysis perspective, I propose that we’re now at a critical support point for the iron ore price. There is a zone of historical demand between $99.89 and $103.55. The price has rallied at least twice from this level.
$Rio Tinto Ltd (RIO.AU)$ $BHP Group Ltd (BHP.AU)$ $Fortescue Ltd (FMG.AU)$
$Rio Tinto Ltd (RIO.AU)$ $BHP Group Ltd (BHP.AU)$ $Fortescue Ltd (FMG.AU)$
6
Aussie fears falling below 0.65 to test 0.6470 support as Australian Fed rate hike probability slips in August! $AUD (LIST20039.AU)$ $S&P/ASX 200 (.XJO.AU)$
2
The fall in house prices will hit household wealth and subsequently reduce household consumption by 1.5%. In the worse version of the central bank's forecasts household consumption would fall by a further 0.75%. Housing investment is also expected to fall further under that version. $S&P/ASX 200 (.XJO.AU)$
2
Desperate for copper is no need to waste OUR MONEY!! Buying at ALL TIME COPPER HIGH IS FOOLISH. SHOULD HAVE BOUGHT LIKE A YEAR AGO. $BHP Group Ltd (BHP.AU)$
For those who like detailed charts
Most Australian labour market indicators show that the labour market is still tight, but it’s become less so - particularly for leading jobs indicators like job ads and NAB survey hiring plans.
Which is why the RBA needs to be careful here.
Most Australian labour market indicators show that the labour market is still tight, but it’s become less so - particularly for leading jobs indicators like job ads and NAB survey hiring plans.
Which is why the RBA needs to be careful here.
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