For the week, the $S&P/ASX 200(.XJO.AU$ finished down 50.3 points or 0.63% lower, 0.76% from its intraweek low and 0.91% from its intraweek high.
Call it bargain hunting, short covering, or blame it on the miniscule bounce in the iron ore price, but something gave the Resources ( $Resources & Energy Group Ltd(REZ.AU$ ) (+1.4%) a shove today. Certainly, the iron ore majors stacked on the most index points, with Rio Tinto (ASX: RIO) (+2.7%), BHP Group ( $BHP Group Ltd(BHP.AU$ ) (+2.2%), and Fo...
Call it bargain hunting, short covering, or blame it on the miniscule bounce in the iron ore price, but something gave the Resources ( $Resources & Energy Group Ltd(REZ.AU$ ) (+1.4%) a shove today. Certainly, the iron ore majors stacked on the most index points, with Rio Tinto (ASX: RIO) (+2.7%), BHP Group ( $BHP Group Ltd(BHP.AU$ ) (+2.2%), and Fo...
![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/151359389/20240726/43102e49491542b7b4ce9ea1f420c904.png/thumb?area=102&is_public=true)
index funds updraft vs ASX200 rise...possibly FY reporting positioning...
but aside from this, plenty of relative strength across ASX lithium today all things considered...
nobody left to short!? 🤔 $S&P/ASX 200(.XJO.AU$
but aside from this, plenty of relative strength across ASX lithium today all things considered...
nobody left to short!? 🤔 $S&P/ASX 200(.XJO.AU$
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DustBrother
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Why are all these at low for a long time? Where are we heading?![]()
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$BCE Inc(BCE.CA$ $The Toronto-Dominion Bank(TD.CA$ $Bank of Montreal(BMO.CA$ $TELUS Corp(T.CA$ $ISHARES S&P/TSX 60 INDEX ETF UNIT(XIU.CA$
$BCE Inc(BCE.CA$ $The Toronto-Dominion Bank(TD.CA$ $Bank of Montreal(BMO.CA$ $TELUS Corp(T.CA$ $ISHARES S&P/TSX 60 INDEX ETF UNIT(XIU.CA$
![Reasons why the the TSX is freezing year to date:](https://ussnsimg.moomoo.com/sns_client_feed/73746512/20240618/b704a967c26f49cdae9c50398f231352.png/thumb?area=103&is_public=true)
![Reasons why the the TSX is freezing year to date:](https://ussnsimg.moomoo.com/sns_client_feed/73746512/20240618/dbc8870757c04c6ab49455e19d54774c.jpg/thumb?area=103&is_public=true)
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DustBrother
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$Suncor Energy Inc(SU.CA$ suncor is having a fire sale! everyone thinks the bitumen is going to burn down or something... i loaded up on this stock.
edit: i used to work for suncor decades ago, this company has its shit together, they are "too safe". they won't let their multi billion dollar investment burn down. They literally have the equivalent of a whole fire department just for that facility.
edit: i used to work for suncor decades ago, this company has its shit together, they are "too safe". they won't let their multi billion dollar investment burn down. They literally have the equivalent of a whole fire department just for that facility.
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The problem with bhp is although they have a lot of uranium it makes up a tiny proportion of their revenue. So the company won’t rise a lot from a high uranium price. $BHP Group Ltd(BHP.AU$
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I'm probably going to owe about $15k in capital gains. Good position to be in.
RBA has to either bump rates up in Aug or delay rate cuts till Q1 next year, the later seems more likely to balance the economy.
So much for the common peaple
Let's remember the lowest paid workforce just got a 1.40 a hour pay rise.
And that took some fighting for.
So much for the common peaple
Let's remember the lowest paid workforce just got a 1.40 a hour pay rise.
And that took some fighting for.
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BHP is hard to predict as it jumps..... but $42.22 and $41.93 are levels not to be ignored..... I believe at some point we will have another runner.... $BHP Group Ltd(BHP.AU$
Little do $Guzman y Gomez Ltd(GYG.AU$ know.. but every dollar invested in $GYG by a millenial is a dollar of revenue OFF $GYG top line... lots opting for about 25 burritos worth of stock, a few big hitters sacrificing 250 burritos for a slice of the action