The NASDAQ may push through resistance…it makes sense that Warren Buffett took the plunge on tech back in 2016…what do the signals mean? All of this while a wild, multi-layered US-China trade war backflip is playing out…
ASX 200 Outlook for Week Ahead: Sideways, Down, or Up?
At time of writing the ASX 200 [XJO] is up marginally by .37%, sitting at just under 6,000 points, or 5,963.4. This follows a sharp fall for the XJO, as markets opened it plunged and went as low as 5,881.
Dalio’s ‘Lost Decade’, Trading Robots, and How to Beat the Herd
‘Overvalued’ equities, a rally driven by trading kiddies, and an avalanche of cheap money. Many in the market are running around like headless chickens because it’s hard to make sense of the chaos.
Queensland Gold Find Pushes Zenith Share Price Higher (ASX:ZNC)
Over the past few months there has been no shortage of news when it comes to Aussie gold explorers. Despite the gold price tracking sideways, gold is still commanding a lofty price. Which could be contributing to this unofficial micro gold rush we’re currently witnessing. June has been particularly busy, stacked with a number of […]
Meteoric Resources’ Share Price Up on Gold Mine Restart (ASX:MEI)
The share price of small-cap iron, gold and base metal explorer, Meteoric Resources [ASX:MEI] are up a hefty 36.84%, or 0.7 cents this morning to trade at 2.6 cents per share. Today’s rise marks the first day of trading in MEI shares in nearly three weeks as the explorer remained in a trading halt pending […]
Liontown Resources Share Price Continues to Plummet (ASX:LTR)
The share price of battery metals explorer and developer Liontown Resources Ltd [ASX:LTR] has dropped for the second day in a row following its investor presentation. Today’s loss of 12.5% or 1.5 cents per share comes on the back of LTR’s official addition…
Newcrest Mining Share Price Up as It Targets Development at Havieron
The share price of Australian gold mining giant Newcrest Mining Ltd [ASX:NCM] is up 5.35% or $1.52 this morning, thanks to news from its Havieron and Red Chris projects. The price of gold also pushed higher overnight to rally 1.45% to US$1,746 per ounce. NCM is targeting the start of development at its Havieron project […]
Gold Price Steadies, Dollar Weakening Ahead of Fed Meeting
At time of writing, the gold price in AUD terms is holding its ground at $2,460 after pushing beyond support at $2,475. You can see the recent selling is registering in a downtrend for its 20- and 50-day moving averages below: Source: tradingview.com We take a quick look at what’s happening with the US dollar […]
Kogan Shares in Trading Halt as It Seeks $115 Million for Growth (ASX:KGN)
At time of writing, shares of Kogan.com Ltd [ASX:KGN] are in a trading halt. Kogan is seeking a $100 million capital raise to fund its growth. After an immense run up the charts, the Kogan share price punched through resistance at $9…
NAB Share Price Gets Bounce as Big Four Gain on Economic Hit Revision
Big green numbers for the Big Four banks today, with the National Australia Bank Ltd [ASX:NAB] share price up 5.54%, to $20.56. The NAB share price wasn’t even the best of the bunch.
