Market Update

ASX 200 up 81 points to 7649
Industrials, Retail & Financials rallied while it was a mixed bag for Resources….The market is now treating the flare up between Israel and Iran as a nothing burger which can be evidenced by the reversal of last Friday’s rally in GOLD, SILVER and OIL.…. $Qantas Airways Ltd(QAN.AU)$ added 3.56%, $Telstra Group Ltd(TLS.AU)$ put on 1.37% and $Global X Metal Securities Aust(ETPMAG.AU)$ fell 2.57%.

It does suck seeing some of our large paper gains from last week quickly reverse, but this is a marathon not a sprint. Stay the course!!
$S&P/ASX 200(.XJO.AU)$ is up 32 points
Bitcoin up 2.5% to $66,358
$BHP Group Ltd(BHP.AU)$ is up 0.15%
$Newmont Corp(NEM.AU)$  down 4.22%
$BetaShares Global Uranium ETF(URNM.AU)$ down 0.83%
Movements affecting our resource stocks today (USD)
Gold down 2.9% to $2343
Paper Silver down 5.4% to $27.28
Platinum down 1.36% to $931
Palladium down 0.87% to $1017
Copper down 0.29% to $4.48
Brent Crude down 0.17% to $87.13
Iron ore down 0.12% to $116.20