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The daily chart tells the story:
BHP AU - Daily
The trading day marked by the purple rectangle is last Thursday 6 March. BHP tra...
• US stocks surge as Trump paused auto tariffs.
• Australian shares fall 0.41% as energy stocks slump on U.S. oil tariff concerns.
• Stocks to watch: AMC, MSB, etc.
Wall Street Summary
U.S. stock markets rallied on Wednesday after President Trump paused tariffs on Canadian and Mexican automotive goods imported...
The first test of the downside is the support/resistance level at 8060. This is the level the market bounced off in November and December, and may act as support again. However a fall through 8060 could herald a deeper correction for Aus...
Top losers: $Spark New Zealand Ltd (SPK.AU)$, $REA Group Ltd (REA.AU)$ and $Codan Ltd (CDA.AU)$
The Australian sharemarket ended at a five-week low, with the $S&P/ASX 200 (.XJO.AU)$ dropping 0.32% to 8296.20. This decline was largely driven by a signi...
The current situation in CSL is a good example. $CSL Ltd (CSL.AU)$ is a world leader in its field, and a great Australian su...
Top losers: $Liontown Resources Ltd (LTR.AU)$, $Cettire Ltd (CTT.AU)$ and $Mineral Resources Ltd (MIN.AU)$
Australian shares edged up slightly on Tuesday, defying declines in Wall Street and other Asian markets. The modest gain came after Trump announced 25% tariffs on steel and aluminum imports, while suggesti...
US stocks rebounded on Monday after the Friday sell off. That’s a clear trend taking shape this year that can’t be ignored (as we highlighted yesterday). The S&P 500 $S&P 500 Index (.SPX.US)$ and the Nasdaq 100 $NASDAQ 100 Index (.NDX.US)$ are now in ear shot of their record all time highs (and just need to puff up 1.4% and 0.58%) to hit blue sky. ...
Amazon was the hardest hit, falling 4.1%. Tesla, Lululemon, and Google followed, all falling more than 3%. (It seems that a 'Friday curse' I’ve noticed for four straight weeks needs to be taken seriously. Stocks see heavy...
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