JTrader Daily: Wednesdays best set ups!
JTrader Daily: Best set ups for Wednesday 19th March 2025!
CHN, FFM, MEI, NAN, NUF
JTrader Daily: Best set ups for Wednesday 19th March 2025!
CHN, FFM, MEI, NAN, NUF
The Australian sharemarket reversed earlier gains in the afternoon session as US futures turned lower, signaling potential weakness in the Wall Street rebound. The S&P/ASX 200 Index fluctuated before closing 0.1% higher at 7,865.1, while the All Ordinaries rose 0.2%. Gains in utilities helped offset losses in other sectors.
Uncertainty around the global economy, trade wars, a stuttering Chinese economy, the US debt spiral, geopolitical noise (the list goes on) have sucked all the momentum we have had in the last 2 years & given investors good reason to take some money off the table. But what now?
Stocks continued to bounce overnight, as investors awaited the start of the Federal Reserve’s meeting and the Nvidia’s annual conference for further insight into AI demand.
JTrader Daily: Best set ups for Tuesday 18th March 2025!
AAR, MND, SVL, TPW, USL
The Australian sharemarket started the week on a strong note, buoyed by risk-on sentiment following China’s pledge to boost consumption and a rally on Wall Street. By early afternoon, the S&P/ASX 200 rose 0.6% to 7835.3, with the All Ordinaries up a similar margin. Eight of the 11 sectors advanced, led by energy stocks.
Stocks rallied on Friday, as “no news from President Trump was good news” for equities. The rally was a relief for investors in a mixed week, where the market marked its fourth consecutive weekly loss, but no where near as deep as first thought.
JTrader Daily: Best set ups for Monday 17th March 2025!
ALQ, MPL, SGM, TAH, VNT
“Bulls vs Bears,” provides a comprehensive overview of current market trends, economic developments.
The S&P/ASX 200 climbed 0.4% to 7,780.8 on Friday afternoon, breaking a three-day losing streak as major miners drove gains amid rising gold and iron ore prices. The All Ordinaries also rose 0.5%, with seven of 11 sectors finishing higher.
Stocks fell into correction territory overnight as rising concerns about a trade war continued to sour sentiment and send investors towards safehaven assets like gold, silver & copper, offsetting fresh signs of cooling inflation.
JTrader Daily: Best set ups for Friday 14th March 2025!
ETM, NVX, RXL, SYR, VEA