Closing Bell

Aussie stocks had a rough week, falling around 2% while US markets held firm. With uncertainty still hanging over Iran, investors are watching fuel, fertiliser and commodity supply risks closely.

Markets have just ripped higher, with the S&P 500 surging 15% in less than two weeks. But beneath the surface, things aren’t nearly as strong as they look.

Markets surged this week on news of a ceasefire in Iran. But a strict reading of the trading model suggests caution, with short-term risks still pointing to potential downside despite strong price action.

In today’s Closing Bell, we analyse a wide range of viewer-requested stocks, from coal and fertilisers to lithium, rare earths, drones, and pharma.

US markets are sitting on a knife-edge after another sharp sell-off. The risk is that we’re approaching the point where selling overwhelms buyers, and the correction accelerates.

Markets are starting to show real signs of stress. The setup is there for increased volatility in the weeks ahead.