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Finishing in red.. thats one last f$%k you from instos to retail for the year. If only 2025 is the year instos got investigated for the manipulation, doubt will happen Asic well in the pockets. ASX, markets in general corruption incarnate.
Looking back at 2024, Australia's economy was generally sluggish due to weak demand and stagnant labor productivity growth, although population growth, a surge in infrastructure projects, and rising public demand helped the economy narrowly avoid a recession. Despite the economic slowdown, the Australian stock market has shown resilience and strength due to strong performances in the banking and i...
$ANZ Group Holdings Ltd (ANZ.AU)$has been upsided for way too long and beyond its reasonable valuation given the market share it has. Target price 23-26 is much more reasonable 🤔 $Woodside Energy (WDS.US)$is a bargain now considered it has adjusted downward & beyond. With it's 11%+ dividends payout p.a., it's a good portfolio addition to anyone who look for some balance in their higher risks portfolio 🤔👍🏻 $NVIDIA (NVDA.US)$
In 2024, the Australian stock market has shown resilience and strength, with the$S&P/ASX 200 (.XJO.AU)$reaching new highs throughout the year. On December 3rd, the ASX 200 broke through 8,514 points during trading hours, setting another historical record. As of December 18th, the ASX 200 has accumulated a year-to-date increase of 8.94%. Despite global economic uncertainties and sustained high policy interest rates in the Austral...
G'day, mooers! Check out the latest news on today's stock market! • Nasdaq hits new milestone as big tech stocks climb; Dow inches down; Bitcoin touches new heights. • Australian shares flat amid oil price decline and China's economic concerns; Healthcare bucks the trend. • Stocks to watch: KAR, DTL, etc. Wall Street Summary The$Nasdaq Composite Index (.IXIC.US)$reached a new peak, climbing 1.24% to 20,173 as trading concluded on...
Investors are heavily buying into the new hottest momentum power play chip stocks, like Broadcom, Micron, and Marvell, which are gaining market share. While they’re buying Tesla$Tesla (TSLA.US)$shares in droves, which sent Tesla shares up 6.1% overnight to $463.02 after it unveiled details of its gaming changing cheapest EV yet. While Bit...
The Reserve Bank of Australia (RBA) interest rate decision for December is fast approaching, with RBA set to announce the latest cash rate on December 10th. Since the cash rate was increased from 4.1% to 4.35% in November 2023, it has remained unchanged through eight consecutive meetings. In its November monetary policy statement, the RBA noted that while the overall inflation rate in Australia has decreased, the underlying inflatio...
$Abacus Group (ABG.AU)$ $ANZ Group Holdings Ltd (ANZ.AU)$
Top losers: $Contact Energy Ltd (CEN.AU)$, $JB Hi Fi Ltd (JBH.AU)$ and $BSP Financial Group Ltd (BFL.AU)$
$S&P/ASX 200 (.XJO.AU)$ fell 0.92% to 8,159.10 in Tuesday's shortened final session of 2024, echoing Wall Street's decline. Investors showed caution due to concerns about the US tech rally's sustainabilit...
$Woodside Energy (WDS.US)$ is a bargain now considered it has adjusted downward & beyond. With it's 11%+ dividends payout p.a., it's a good portfolio addition to anyone who look for some balance in their higher risks portfolio 🤔👍🏻
$NVIDIA (NVDA.US)$
• Nasdaq hits new milestone as big tech stocks climb; Dow inches down; Bitcoin touches new heights.
• Australian shares flat amid oil price decline and China's economic concerns; Healthcare bucks the trend.
• Stocks to watch: KAR, DTL, etc.
Wall Street Summary
The $Nasdaq Composite Index (.IXIC.US)$ reached a new peak, climbing 1.24% to 20,173 as trading concluded on...
Since the cash rate was increased from 4.1% to 4.35% in November 2023, it has remained unchanged through eight consecutive meetings. In its November monetary policy statement, the RBA noted that while the overall inflation rate in Australia has decreased, the underlying inflatio...
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