Closing Bell 2024: Take a look at 2024’s Leaders and Losers
ASX Leaders and Losers for 2024
December 2024
Pre-Market Pulse 24th December – Stocks and bond yields drift higher into Christmas
Equities were mixed overnight, supported by rallies in megacap stocks like Nvidia and Broadcom on Wall Street. The S&P 500 and Nasdaq saw gains, while the Dow Jones Industrial Average experienced a slight decline.
Pre-Market Pulse 23rd December – Stocks manage a positive day after tough week
Equities wrapped up a difficult with strong gains Friday, a day after snapping its longest losing streak since 1974 as cooler-than-expected inflation data eased concern that the Federal Reserve could turn even more hawkish next year.
Closing Bell 20th December: ASX falls to three month lows. Banks lead sell off
Australian shares hit a three-month low on Friday, with the ASX slipping 1.2% to 8067.70, its lowest since September. The index has dropped nearly 3% this week, driven by a broad sell-off led by banks and consumer discretionary stocks.
Bulls vs Bears – Episode 49: bond yield spike gatecrashes 2024 rally
catch up on this week in markets
Pre-Market Pulse 20th December – Rising Bond Yields gatecrashes 2024 Bull market
Equities were broadly weak overnight, with the DOW eking out a gain, snapping its longest losing streak since 1974, even as the post-Federal Reserve rebound ran out of steam.
Closing Bell 19th December: ASX and AUD falls as FED cuts but gives cautionary outlook
The Australian sharemarket hit a six-week low on Thursday, with the S&P/ASX 200 plunging 1.9% (157 points) to 8152.40 by mid afternoon, amid a global sell-off following the US Federal Reserve’s caution on interest rate cuts. The Fed reduced its forecast for 2025 cuts from three to two, leading to a spike in the US dollar and a drop in the Australian dollar to US62.25¢. Bitcoin also retreated.
Balanced Portfolio Rebalance – Take Profit TLX (+34%) switch to Clarity (CU6)
Balanced Portfolio Switch – Take Profits TLX switch to CU6
Balanced Portfolio – Take Profit S&P 500 Equal Weight ETF (QUS) & WiseTech (WTC) Broader market Risk reduction
The updated FOMC outlook reinforces a risk-off sentiment, signaling a period of economic uncertainty with heightened volatility in growth and inflation trajectories. In this environment
Pre-Market Pulse 19th December – Santa rally derailed as Fed halves the rate-cut outlook for 2025
The Federal Reserve cut interest rates by 25 basis points overnight, but halved the number of rate cuts expected for next year as the battle to bring inflation down toward the central bank’s target is now expected to take longer than previously expected.
Closing Bell 18th December: Vulcan energy gets loan for lithium plant. XJO up as markets wait for FED
Australian shares edged lower on Wednesday as investors adopted a cautious stance ahead of the U.S. Federal Reserve’s final policy decision for the year. The ASX 200 fell 13.2 points, or 0.2%, to close at 8300, reversing an early-session uptick. Meanwhile, the All Ordinaries Index rose 0.3%.
Pre-Market Pulse 18th December – DOW suffers 9th consecutive down day, longest streak in 45 years
Equities headed lower overnight, with the DOW suffering its longest losing streak since 1978 as the Federal Reserve kicked off its last meeting of the year.