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Daily Report

Tune in for a daily download from investing professionals ‘in the trenches’ who summarise key events each market day.

Daily Report

The Match Out: ASX rallies 1%, US Fed sets a clear path of tapering, Evergrande up 10%

It was a strong day out for the index, gains in technology and energy leading the way. Healthcare and Materials were the main laggards, but still eked out gains of...
APT
+7
James Gerrish
Market Partners
Daily Report

The Match Out: China injects more liquidity, stocks bounce, Weekly Video Update

The market was down early, but news that China’s central bank boosted its daily liquidity injection, plus confirmation that Evergrande had reached an agreement with...
AGL
BHP
FMG
+5
James Gerrish
Market Partners
Daily Report

The Match Out: Buyers of dip re-emerge, ASX finishes higher, APA joins the AusNet party

While the market was sharply lower overnight there was no sign of panic in the selling, volatility stayed low, credit spreads hardly moved and equities saw a large...
APA
IGO
+1
James Gerrish
Market Partners
Daily Report

The Match Out: Markets knocked ~2% as China fears build, Iron Ore off ~10%

The ASX was hit ~2% today on concerns largely stemming from China, firstly towards the rout in Iron Ore prices which were down another ~10% today in Singapore if we...
James Gerrish
Market Partners
Daily Report

The Match Out: Iron Ore drags ASX lower, tech rallies, EQT walks from Iress (IRE) bid

The market struggled into the weekend with the heavyweights of the banks and resources stocks trading lower. Iron ore and coal names were hit hard by more aggressive...
BHP
EQT
FMG
+2
James Gerrish
Market Partners
Daily Report

The Match Out: stocks rally most since early August, Energy leads, Telstra outlines their T25 strategy

Energy stocks were back in favour today underpinning strength in the broader market as 123 stocks in the ASX 200 finished up on the session delivering the markets best...
BXB
PDN
+3
James Gerrish
Market Partners
Daily Report

The Match Out: Hump day ends down, Pilbara Minerals (PLS) hits all-time high, Calix (CXL) rallies ~40%

The market finished down today although the worst of it was seen before 11am - the ASX 200 down ~60pts at the lows before a spirited fightback saw it recoup 2/3rds of...
AGL
BHP
BXB
+7
James Gerrish
Market Partners
Daily Report

The Match Out: RBA underpins ASX, Energy stocks rally 4%, Zip Co (ZIP) holds investor day

The ASX was down early however a more dovish speech from RBA Governor Philip Lowe got the buyers off the sidelines pushing the market higher by the close. Again it...
BXB
PDN
+1
James Gerrish
Market Partners
Daily Report

The Match Out: ASX enjoys ‘final hour of power’, Miners and Energy drive market higher, Uranium rips again

The final hour of power as one trader on Bloomberg put it this afternoon with the ASX rallying +25points to close up on the day driven largely by the Energy & Material...
SYD
James Gerrish
Market Partners
Daily Report

The Match Out: ASX recovers, Resource stocks lead the way, Go the Sea Eagles!

The ASX bounced back tentatively today recovering a third of yesterday’s decent decline – most buying in the Material stocks supported by IT and Energy which suits...
James Gerrish
Market Partners
Daily Report

The Match Out: ASX hit 2%, buyers of the dip had a day off, IT sector biggest drag

The market opened lower this morning and instead of buyers emerging into the dip we got the opposite with a consistent sell-off right across the market with 191 stocks...
James Gerrish
Market Partners
Daily Report

The Match Out: ASX follows typical home schooling trend, closes marginally higher, Key calls from Peter O’Connor

The market continued to follow a very similar path to homeschooling in the Gerrish household of late, the low set in the morning – perhaps deeper than most feared...
FMG
+2
James Gerrish
Market Partners
Daily Report

Sunset Strip - 28th August 2020

Local market fell from the start with global investors boosting it in the middle before another slide back lower. Japanese market rolled over form slight positive to...
Mathan Somasundaram
Deep Data Analytics
Daily Report

Sunset Strip 27th August 2020

Local market started positive on global investor buying for the currency trade before profit taking faded the positive performance through the day. EU markets were...
Mathan Somasundaram
Deep Data Analytics
Daily Report

Sunset Strip 26th August 2020

Local market started negative on global investor selling on currency trade before returning to buy some back in the back half of the day as AUDUSD recovered to finish...
Mathan Somasundaram
Deep Data Analytics
Daily Report

Market threatens to break out again, is it only a matter of time? (BIN, AWC, IGL, HUB, SGP)

WHAT MATTERED TODAY So so close again, the ASX 200 trading to a high this morning of 6199.2, but alas, the brick wall that has capped the market since the 9th...
ANN
AWC
+6
James Gerrish
Market Partners
Daily Report

Sunset Strip 25th August 2020

The local market opened solidly higher on global investors buying for currency trade then profit taking cycle dragged the market lower through the day till a mini...
Mathan Somasundaram
Deep Data Analytics
Daily Report

Sunset Strip 24th August 2020

The local market opened flat before the global investor took it for another ride on a currency chase while local investors were biting on the edges with reporting...
Mathan Somasundaram
Deep Data Analytics
Daily Report

Sunset Strip 21st August 2020

The local market opened higher on global investor buying before reporting season and sliding currency had both local and global investors locking in profit through the...
Mathan Somasundaram
Deep Data Analytics
Daily Report

Afternoon Note: Results dominate in a positive session

WHAT MATTERED TODAYA busy day on the desk with a heap of reports to get through plus a few things bubbling away on the corporate side. Healthcare the standout...
BHP
COH
COL
+5
James Gerrish
Market Partners
Daily Report

The Fed has spoken – the $$ taps still on!

The ASX200 got the Fed wobbles yesterday closing down -0.2% after enjoying a very promising start to the day, Queensland closing down their border didn’t help...
RIO
James Gerrish
Market Partners
Daily Report

Why we still like OZ Minerals, Beach Energy and Wisr

After a very bullish session yesterday that saw the ASX 200 put on more than 150pts, the market has given back ~50% of those gains today as attention turned back...
BPT
WZR
James Gerrish
Market Partners
Daily Report

Afternoon note: Markets hit on virus concerns, although buyers again prevalent into weakness (FPH, JIN)

While it was clearly a risk off session following the -730pt slide by the Dow Jones on Friday, the selling wasn’t aggressive and Futures have rallied strongly into /...
James Gerrish
Market Partners
Daily Report

Afternoon Note: ‘Old School’ stocks lead the gain as the ASX hits new post CV-19 highs

WHAT MATTERED TODAY A good session for the local stocks buoyed by the +900pt rally on the Dow overnight, however rallies in US stocks of that magnitude haven’t...
ABC
APT
APX
+11
James Gerrish
Market Partners
Daily Report

Oil below zero as volatility & opportunity both return!

The ASX200 was clobbered 134-points yesterday as the local market put in an awful performance considering the Dow rallied over 700-points on Friday and Asian indices...
APX
BPT
COH
+3
James Gerrish
Market Partners
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