There's always corrections, sometimes a crash ie when covid smashed it but they make money and in general keep making more and increasing their dividends. Therefore new highs.
Interest rate forecasts are the likely driver atm.
Just remember, they've been making new all time highs since they listed at around $5.40.
Probably overvalued right now but I'm not even considering selling. Likely never will. $CommBank (CBA.AU)$
Interest rate forecasts are the likely driver atm.
Just remember, they've been making new all time highs since they listed at around $5.40.
Probably overvalued right now but I'm not even considering selling. Likely never will. $CommBank (CBA.AU)$
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He taught me to cherish what is in front of me and not to blindly pursue material enjoyment.
This attitude has made me more rational when investing and avoided unnecessary risks.
Thanks to my dad, I have learned the true meaning of a simple life.
The 24/5 trading feature has truly revolutionized my trading strategy. Previously, I was limited by trading hours and often missed out on crucial market moves.
1
🚨 As ASX stares down 10th straight gain 🏆
Keep in mind market is forecasting 4 x 0.25% rate cuts in 2025! Either: Aus economy is far weaker than RBA thinks...or market is too bullish on rate cuts! 🤔
$BHP Group Ltd (BHP.AU)$ $Westpac Banking Corp (WBC.AU)$ $CommBank (CBA.AU)$
Keep in mind market is forecasting 4 x 0.25% rate cuts in 2025! Either: Aus economy is far weaker than RBA thinks...or market is too bullish on rate cuts! 🤔
$BHP Group Ltd (BHP.AU)$ $Westpac Banking Corp (WBC.AU)$ $CommBank (CBA.AU)$
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I/O is putting us in the crapper for now but there is a good chance of a bounce. People felt the same gloominess in the previous lows under I/O $100 but eventually demand returns. If you look at the graph I posted a few posts above, BHP usually makes its move up around November so we still have almost 3 months of uncertainty. I understand why people can be negative this time of year.
Last week BHP hit $38.76 which is already low and is paying probably around $1 div in a couple of weeks so you co...
Last week BHP hit $38.76 which is already low and is paying probably around $1 div in a couple of weeks so you co...
6
Russian ALUMINUM, COPPER & NICKEL is now banned from the COMEX & LME…..Russian Platinum Group Metals (PGMs – PLATINUM and PALLADIUM) have been exempted due to ‘supply chain sensitivities’ – which in my view, means PGMs are tight beyond belief and ready for a historic short squeeze. BUY $Platina Resources Ltd (PGM.AU)$ $BHP Group Ltd (BHP.AU)$ $Rio Tinto Ltd (RIO.AU)$
4
CSL Ltd $CSL Ltd (CSL.AU)$ forecast Npata at constant currency for the full year of about $3.2 billion to $3.3 billion. Details below:
The Reserve Bank of Australia will hold its cash rate at 4.35% for a sixth straight meeting on Tuesday, economists predict. But with inflation still elevated, they expect the RBA to again debate hiking rates before agreeing to stand pat.
Private credit funds are in talks to provide at least A$1.5 billion of junior debt to help finance a potential buyout of Australian data center operator AirTrunk Pte., according to people familiar with the matter.
New Zealand is con...
Private credit funds are in talks to provide at least A$1.5 billion of junior debt to help finance a potential buyout of Australian data center operator AirTrunk Pte., according to people familiar with the matter.
New Zealand is con...
FFS, hopefully Anglo American still want more and swiftly reject the deal. I really wonder how they come up with these numbers. Unless $BHP Group Ltd (BHP.AU)$ was low balling Anglo with their first offer, how has the value of their company increased by 24% in the space of a month.