We are doing the ASX share market game, and falling behind miserably, making no profit and our stocks going down everyday. We thought that maybe if we chose stocks that have been going down, they had nothing to lose and would eventually go up. Obviously, this is a bad strategy. Advice? Examples of which stocks we should invest in over the next few days? Talking abt the game btw not the actual share market. Help needed. What are some winning stategies$S&P/ASX 200(.XJO.AU)$$S&P/ASX 200 OPIC(OXJO.AU)$
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MooMamaLlama :
look into the JV & M&A's happening, which mining companies have good output or prospects. I'm always watching liontown, Pilbara, BHP, and battery tech in the similar sector of graphite like Novonix who just got a tax benefit of over 100m, and small caps like Mako gold. . With medical I think its pretty much the same just add clinical trials and pending approvals. this week I'm trying to find more on BlinkLabs IPO tomorrow.... using AI for early detection of adhd and autism in children.... if the business model is sound they could do very well, children on the spectrum have had a lot of attention and it's a big business here. Along with medical I like cannabis companies either medical use here or selling overseas. It's a big big market here just tied up in red tape crying to be let loose hahaha!! Little green pharma is a top pick of mine atm after approval for testing with psychedelics as well... GLA, hope the ASX has been good to you x
The Commonwealth Bank of Australia share price is focus today (and just about every day, given it’s amongst the most traded). The CBA share price is currently trading around $120. ASX bank shares make up around one-third of the Aussie stock market, measured by the market cap and the All Ordinaries Index.$CommBank(CBA.AU)$$S&P/ASX 200(.XJO.AU)$$S&P/ASX 200 OPIC(OXJO.AU)$
Australia stocks higher at close of trade; S&P/ASX 200 up 0.99% Australia stocks were higher after the close on Thursday, as gains in the Gold, Materials and Metals & Mining sectors led shares higher.$S&P/ASX 200(.XJO.AU)$$S&P/ASX 200 OPIC(OXJO.AU)$
Positive market sentiment is bolstered by subdued Consumer Inflation Expectations and Retail Sales figures from Australia, which raise expectations of the Reserve Bank of Australia (RBA) adopting a more accommodative approach to interest rates. Furthermore, Wednesday's release of the Australian Monthly Consumer Price Index, which was lower than anticipated, lent further support to the Australian stock market.$S&P/ASX 200(.XJO.AU)$$S&P/ASX 200 OPIC(OXJO.AU)$
The level of interest rates in Australia, set by the Reserve Bank of Australia (RBA), also influences the ASX 200 and ASX 300 indexes as it affects the cost of credit, on which many firms are heavily reliant. Generally, when the RBA cuts interest rates (or signals it is going to do it), it is positive for the Australian stock market as it means a lower cost of credit for companies and higher economic growth a...
MooMamaLlama : look into the JV & M&A's happening, which mining companies have good output or prospects. I'm always watching liontown, Pilbara, BHP, and battery tech in the similar sector of graphite like Novonix who just got a tax benefit of over 100m, and small caps like Mako gold.
. With medical I think its pretty much the same just add clinical trials and pending approvals.
this week I'm trying to find more on BlinkLabs IPO tomorrow.... using AI for early detection of adhd and autism in children.... if the business model is sound they could do very well, children on the spectrum have had a lot of attention and it's a big business here.
Along with medical I like cannabis companies either medical use here or selling overseas. It's a big big market here just tied up in red tape crying to be let loose hahaha!! Little green pharma is a top pick of mine atm after approval for testing with psychedelics as well...
GLA, hope the ASX has been good to you x