In Australia mortgage holders and owners of ASX small caps will be on guard with RBA Governor’s press conference on Tuesday being a big focus, and whether or not potential rate hikes could be on the cards this year. That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...
📈Today's CPI data has thrown a spotlight on Australia's stubbornly high inflation rates! 💸 It's not just any inflation, it's the kind that's deeply rooted in our own backyard. 🏠 Core inflation, which is the Reserve Bank of Australia's (RBA) favorite yardstick, is still hovering at a whopping 4%. And domestic inflation? A staggering 5%! 😮 This is not good news for Australia's economy. $Westpac Banking Corp(WBC.AU)$$CommBank(CBA.AU)$$Rio Tinto Ltd(RIO.AU)$$BHP Group Ltd(BHP.AU)$$CSL Ltd(CSL.AU)$
The 🇦🇺 big 3 have lost their dominant role in leading the ASX200's longer term direction $BHP Group Ltd(BHP.AU)$+$CSL Ltd(CSL.AU)$have lagged - though maintaining their capitalisation dominance and daily ability to influence ASX200 futures - but with the broader market holding up the index
$CSL Ltd(CSL.AU)$CSL has a habit of disappointing investors, then climbing back up that wall of disappointment. It appears to be on the way to doing that again after holding February's post-sell off trough, and respecting the long term uptrend ribbon. That ribbon typically acts as a zone of dynamic support in long term uptrends, and it appears to be doing this job well over the past couple of months. As long as this remains the case, CSL's long term uptrend is intact. It makes sense then, ...
$ResMed Inc(RMD.AU)$$RMD proving that short term noise and narratives don't make you money. GLP1's are real and yes they work but the extraordinary narrative around their potential was grossly over-stated and imbedded in medtech and biotech share prices in 2023.$CSL Ltd(CSL.AU)$
As the ASX is dominated by mining and bank stocks, the high quality stocks with strong MOATs and high rates of top line growth attract huge multiples because there is a limited pool of stocks that institutions can invest in. In addition to this, superannuation funds have huge cash reserves, due to Australia having one of the world's highest superannuation rates, that they are required to deploy which further increases these stocks mul...
G'day, mooers! Check out the latest news on today's stock market! • Nvidia shares pull back, dragging US stock market lower • ASX drops following record highs • Stocks to watch: Worley Wall Street Summary The stock market rally paused as investors debate whether shares have climbed too far too fast and are now at frothy levels. Another point of contention was whether the recent uptick in unemployment in February could be a signal the labor market ...
The insider selling at Carlisle Companies, particularly by John Berlin, raises caution despite the high insider ownership. The lack of insider purchases over the last year and recent selling activity could be seen as a negative signal.
CSL Ltd股票討論區
That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...
💸 It's not just any inflation, it's the kind that's deeply rooted in our own backyard.
🏠 Core inflation, which is the Reserve Bank of Australia's (RBA) favorite yardstick, is still hovering at a whopping 4%. And domestic inflation? A staggering 5%! 😮
This is not good news for Australia's economy.
$Westpac Banking Corp(WBC.AU)$ $CommBank(CBA.AU)$ $Rio Tinto Ltd(RIO.AU)$ $BHP Group Ltd(BHP.AU)$ $CSL Ltd(CSL.AU)$
$BHP Group Ltd(BHP.AU)$ + $CSL Ltd(CSL.AU)$ have lagged - though maintaining their capitalisation dominance and daily ability to influence ASX200 futures - but with the broader market holding up the index
That ribbon typically acts as a zone of dynamic support in long term uptrends, and it appears to be doing this job well over the past couple of months. As long as this remains the case, CSL's long term uptrend is intact.
It makes sense then, ...
• Top losers: $South32 Ltd(S32.AU)$, $Ebos Group Ltd(EBO.AU)$, $Perseus Mining Ltd(PRU.AU)$
Australia's $S&P/ASX 200(.XJO.AU)$ closed 0.1% lower at 7695.8, giving back early gains amid weakness in large-cap stocks. Shares of six of the seven largest companies finished in the red, a day after the country's central bank held interest rates ...
• Nvidia shares pull back, dragging US stock market lower
• ASX drops following record highs
• Stocks to watch: Worley
Wall Street Summary
The stock market rally paused as investors debate whether shares have climbed too far too fast and are now at frothy levels. Another point of contention was whether the recent uptick in unemployment in February could be a signal the labor market ...
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