Aussie shares fell sharply on Thursday to record the worst day in 6-weeks. The ASX200 closed 103 pts or 1.3% lower to 7,861. All 11 sectors were in the red. Tech (-2.7%) and consumer stocks (-2%) were the worst performers, while energy and property sectors also heavily weighed. $S&P/ASX 200(.XJO.AU$
1
Oh no! 📉 Rio Tinto (RIO) share stook at umble today,divingasmuchas2.6116.75, with a final close down 1.6%, marking its lowest point since March 18th. 😲
It seems investors were left a little underwhelmed by the muted second-quarter update, especially after those shipment numbers fell short of expectations. 🚢💔 Despite the company's massive operations and the impressive tonnage they managed to ship, the market was looking for even more magic dust.
But hey, Rio Tinto is a resilient beast, and we all...
It seems investors were left a little underwhelmed by the muted second-quarter update, especially after those shipment numbers fell short of expectations. 🚢💔 Despite the company's massive operations and the impressive tonnage they managed to ship, the market was looking for even more magic dust.
But hey, Rio Tinto is a resilient beast, and we all...
4
$BHP Group Ltd(BHP.AU$ should have had the guts to be long a big copper project (not SolGold 🤮) but a QB2, a Cobre Panama, a Las Bambas.
Dividends and buybacks are nice but the pipeline is near empty.
Dividends and buybacks are nice but the pipeline is near empty.
Always dread this time of the year when my blue collar mates carry on in group chats about taxes and how much of a scam it is.
Like sure it can look depressing for some of them that earn high 6 figures and pay a lot of tax, though you’re earning so much money and theres not much you can do about your tax besides deductions and contributions.
It’s a part of the society we live in, so just get over it and focus on how much you’re banking i...
Like sure it can look depressing for some of them that earn high 6 figures and pay a lot of tax, though you’re earning so much money and theres not much you can do about your tax besides deductions and contributions.
It’s a part of the society we live in, so just get over it and focus on how much you’re banking i...
4
Its a pump and dump stock. Seriously how many burritos you need to sell? Just go to your local GYG and see how many purchases they get on the ground. $Guzman y Gomez Ltd(GYG.AU$
1
3
Aust May CPI +4%yoy, v exp +3.8%, services (4.8%) & trimmed mean (4.4%) up.
While the CPI is on track for RBA’s Q2 forecast of 3.8%, the trimmed mean is at high risk of coming in above its 4% forecast, so the risk of another rate hike has now risen to ~40%. Q2 infl will be key.
While the CPI is on track for RBA’s Q2 forecast of 3.8%, the trimmed mean is at high risk of coming in above its 4% forecast, so the risk of another rate hike has now risen to ~40%. Q2 infl will be key.
In a positive development for Australia, Monochrome Asset Management has launched a spot Bitcoin Exchange-Traded Fund (ETF) on the Cboe Australia exchange.
Notably, the Monochrome spot Bitcoin ETF (IBTC) represents Australia’s first and only ETF holding Bitcoin (BTC) directly. Meanwhile, FDIC said the US banking system is at high risk of insolvency as 63 banks have $517 billion in unrealized losses in Q1 2024.
Notably, the Monochrome spot Bitcoin ETF (IBTC) represents Australia’s first and only ETF holding Bitcoin (BTC) directly. Meanwhile, FDIC said the US banking system is at high risk of insolvency as 63 banks have $517 billion in unrealized losses in Q1 2024.
From YouTube
Having said that, it has underperformed by quite a bit recently, so we are doing some more work on it, but it's definitely a sell for us at this point. $Telstra Group Ltd(TLS.AU$
2
![[empty]](https://static.moomoo.com/node_futunn_nnq/assets/images/folder.5c37692712.png)
![[error]](https://static.moomoo.com/node_futunn_nnq/assets/images/no-network.991ae8055c.png)
![[loading]](data:image/svg+xml;base64,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)