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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

Markets down but rally from lows

US markets were hit hard overnight, the Dow Jones down ~700pts at the worst while the tech stocks were hit harder – the Nasdaq down nearly ~3.50% on the session thanks...
FMG
James Gerrish
Market Matters
Daily Report

CBA drags market into the red

Another fairly busy session today with weakness in US Futures before our open this morning thanks to Trump’s tweets over the weekend ensuring we opened on the back...
LLC
REA
+1
James Gerrish
Market Matters
Daily Report

Markets ignore trade tariffs and edge higher

Another busy week in the markets wrapped up on a positive note despite the US this afternoon imposing an increased 25% tariff on about $200 billion of Chinese goods,...
ABC
GNC
+4
James Gerrish
Market Matters
Daily Report

Lithium sector starts to heat up

A short note this afternoon after a busy day on the desk + I’m down a couple of foot soldiers today… the ASX had a reasonable session particularly considering the...
ORE
ORI
James Gerrish
Market Matters
Daily Report

ACCC says no to TPG tie up – it seems

The Trump / China trade hangover lingered over the market this morning and we’d expect that theme to continue for the remainder of the week, however it wasn’t all...
CSR
HUB
TLS
+3
James Gerrish
Market Matters
Daily Report

RBA snubs weak inflation & sits tight for 33rd straight meeting

After 32 months of inaction by the RBA they stayed true to form today, and did nothing for the 33rd time deciding to put more weight behind strength in the employment...
FMG
GNC
James Gerrish
Market Matters
Daily Report

Trump tests China on trade – markets react

A weak session today for the local market with the index down ~90pts at its worst thanks to Trumps tweets around China / US Trade… China responded saying they are...
FMG
MQG
+1
James Gerrish
Market Matters
Daily Report

Resources - is the run over?

A more subdued session today at the index level with the market fairly flat, although under the hood, there were a number of big movers. Macquarie Group (MQG) dropped...
James Gerrish
Market Matters
Daily Report

NAB cuts its dividend

Stocks fell today with the financials leading the decline – ANZ the worst of the banks after a litany of downgrades filtered through post yesterday’s result. The first...
ASL
+2
James Gerrish
Market Matters
Daily Report

ANZ leads market higher

A bullish day for Aussie stocks with the banks underpinning the strength at the index level following ANZ’s 1H numbers – more on that below, however hard to not see...
James Gerrish
Market Matters
Daily Report

ASX200 adds 2.34% for the month

Another day where sellers took the gong - the index traded down however there was a lot happening under the hood with the Macquarie Equities Conference underway – more...
+2
James Gerrish
Market Matters
Daily Report

ASX drifts back from highs

The ASX drifted marginally lower today, pulling back from recent highs but not aggressively so. Most Asian markets were higher while US futures were pretty flat during...
COL
HLS
James Gerrish
Market Matters
Daily Report

Flight Centre lands in a heap

I felt like I was one of only a handful in the city today with the Easter School Holidays overlapping ANZAC Day and creating the perfect excuse to take or extend...
BHP
CYB
+10
James Gerrish
Market Matters
Daily Report

Noflation should lead to imminent rate cut

Another really strong day for Aussie stocks as traders position for further interest rate cuts locally following a weaker than expected print on inflation at...
AWC
+5
James Gerrish
Market Matters
Daily Report

ASX 200 breaks 6300 – Energy stocks lead the way

The first day back on the desk following the Easter break and the market roared up through 6300 today on the back of some marginally positive leads overseas...
TLS
XRO
James Gerrish
Market Matters
Daily Report

Iron Ore tumbles

Surprisingly resilient day was seen on the local market today, once again held up by the banks. Resources took a hit though with the iron ore names finally coming off...
BHP
James Gerrish
Market Matters
Daily Report

RBA remains accommodative

The ASX brushed a weak overnight futures read early in the session as the banks caught a bid for the third day in a row. The buying caught a second wind mid-morning...
COH
RIO
James Gerrish
Market Matters
Daily Report

A sluggish start to the week, banks fail to ignite the ASX

The ASX 200 was in two minds throughout the trading day, twice trading a small margin above par but ultimately failed to make any headway in either direction to close...
James Gerrish
Market Matters
Daily Report

A bank led rally to finish the week

The banks got the green light today, and when money flows into the big 4 the index tends to follow. Market ran with speculation CBA would be cutting a fifth of its...
James Gerrish
Market Matters
Daily Report

BOQ kicks off bank reporting

The local market couldn’t replicate the strength seen in the US overnight. There was a switch out of growth names today into more defensives as resources and...
ASL
James Gerrish
Market Matters
Daily Report

When the RBA talks the AUD listens

The market brushed the weakness seen overnight to trade around even for much of the session. Just like yesterday it ebbed and flowed around 6220 handle on the ASX 200...
James Gerrish
Market Matters
Daily Report

Packer gets the feature – cha ching!

The market ebbed and flowed around 6220 handle on the ASX 200 today – the positive influence from the material stocks offset by some selling amongst the banks – CBA...
SGM
James Gerrish
Market Matters
Daily Report

Iron Ore rally continues – ASX outperforms

US Futures + Asian markets were all lower on the session today, however Australian stocks rallied – the ASX 200 up by 40pts – closing on its highs - thanks largely to...
+1
James Gerrish
Market Matters
Daily Report

ASX comes back down to earth

The downside momentum continued today, the local market selling off quickly from the open despite the futures pointing to a muted start. The index closed over 100...
James Gerrish
Market Matters
Daily Report

Market breaks 7 day winning streak

My kids love the Tashi books and last night I read the story about the Golem, which is a sort of clay giant that comes to life after Tashi – who tells some cracking...
GNC
HLS
James Gerrish
Market Matters
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