Russell 2000 Surrenders Outperformance To The Nasdaq: The Latest
The Russell 2000 small-cap index had started the year outperforming many of it’s bluechip peers, yet with the index now 8.85% down from its mid August high, there is a widening fault line across US markets. Treasury yields at 25 year highs, AI-driven capital concentration, and a renewed preference for quality balance sheets have pulled…
ASX 200 Falls Back To Lowest Level In Months: Today’s Movers
The ASX 200 opened a fresh month, and quarter, with a painful 1.99% pullback that saw the index close at its lowest level since mid June at 8,614.40, whilst flipping back into negative territory YTD in the process. The markets’ rejection at the 200-day SMA was the clearest signal that the brief relief rally at…
Cochlear Shares Pull Back After Months of Rebuilding, As Resistance Shapes Up
Cochlear shares (ASX: COH) have fallen 6.63% to begin the month at A$130.34, with the stock coming under pressure at the end of a previously strong quarter. Whilst the Cochlear share price ended Q3 with a gain of 14.65%, resistance had been found three times over the past couple of months at A$145, a level…
What Can We Expect From The RBA From Here?
Australia’s central bank has lifted its cash rate to a 13-year high of 4.60% this week, and while markets are beginning to price in a potential pause, the RBA’s October Financial Stability Review makes clear that the path ahead is anything but straightforward. From leveraged hedge fund activity in sovereign bond markets to cyber threats…
Yancoal Shares Drop as US$1.85 Billion Kestrel Acquisition Closes: A Closer Look
Yancoal Australia has officially completed its landmark acquisition of an 80% stake in Queensland’s Kestrel Coal Mine, triggering an immediate share price decline as markets weigh the strategic upside of a tier-one metallurgical coal asset against the reintroduction of meaningful debt to a once pristine balance sheet. The Yancoal share price (ASX: YAL) has opened…
Lynas Rare Earths Shares Down Big On Meteoric Deal: Here’s Why
Lynas Rare Earths shares (ASX: LYC) are sharply lower to start calendar Q4, after announcing a transformational A$968 million all-scrip deal to acquire Meteoric Resources, a move that dramatically expands its rare earths footprint but hands markets a substantial capital expenditure bill to digest at a particularly bad time. The Lynas share price has fallen…
Liontown Shares Endure Tough Month, Expansion Approved
Liontown Ltd has taken a major strategic step forward, greenlighting a transformational A$389 million expansion at its Kathleen Valley Lithium Operation in Western Australia, even as markets punished the stock with a bruising monthly decline that left shares hovering below the psychologically significant A$1.00 mark. The Liontown share price (ASX: LTR) tested the A$1.00 level…
Macquarie Group Shares The Most Expensive On The ASX, But Not By Most Measures
Macquarie Group’s share price at A$246.10 may sit at the top of the ASX price ladder, but that does not make it the most expensive by conventional valuation metrics. For investors trying to understand where genuine value lies among Australia’s blue-chip names, this is a huge point that warrants attention, and one which we have…
Xero Shares Near Decade Low As Chart Shows Bearish Crossover
Xero shares (ASX:XRO) closed out September at A$56.92, within touching distance of a decade low, capping a brutal quarter that has left the cloud accounting giant nursing a near-50% year-to-date loss. Holders of XRO have had little to cheer over the past month, with the words ‘wake me up when September ends’ proving too true…
CSL Shares Flash Overbought, To Cap 60% Q3 Rally
CSL shares (ASX: CSL) capped off a mighty third-quarter recovery with a 60.55% gain, closing September at A$184.22. There are a couple of technical signals raising leaving a few to question whether the easy money has already been made here, if there was such a thing. The CSL share price rounded out the final session…
