Posts

Top Stories On Monday, 27 April, the ASX dropped 20 points to finish at 8766, 182 points below the last Not So. The US extended the ceasefire in the US/Iran conflict/war, but the Strait of Hormuz remains shut, which saw the oil price move above $100 per barrel. This normally would see markets sell off, […]

Top Stories On Thursday, 2 April, the ASX dropped 92 points to finish the lead into the Easter break at 8580. This is after the 190-point gain on April Fools’ Day, as hope of a TACO event (Trump Always Chickens Out) turned into a FAKE TACO and more like a NACHO, see below. Over the […]

Top Stories On Tuesday, 3 March, the ASX fell 124 points to close at 9077. After hitting a new ALL TIME CLOSING HIGH yesterday of 9201. The reality of the Middle East conflict finally hit the Australian market today with a drop of 1.3%.Risk Off was the order of the day as Australia revealed that […]

Top Stories On Wednesday, 11 February, the ASX jumped 147 points to close at 9015 8889. That’s 126 points higher than the last Not So. The ASX crossed over 9000 again for the first time since 28/10/25. Today, the market was mainly driven by the CBA result (40% of the ASX gain), which was better […]

Top Stories On Tuesday, 13 January, the ASX gained 49 points to close at 8809. That’s 90 points higher than the last Not So. The commodities sector is continuing to rally as Gold, Silver, Copper and Tungsten hit or near ALL TIME HIGHS. Markets are in short supply for critical materials as China controls a […]

Top Stories On Wednesday, September 3, 2025, the ASX fell 162 points to finish at 8739, its lowest point since 4/8/25.  This was the fourth down day in a row and continues September’s record of being a weak month (seasonal weakness), even though the second quarter GDP(announced today) was better than expected at 0.6%. Likely to […]

Top Stories On Wednesday, July 16, 2025, the ASX fell 69 points to finish at 8562. This is after the ASX 200 hit a new ALL-TIME CLOSING HIGH (ATH) of 8630.3 yesterday, which was just shy of the ATH intraday of 8639.10.   The US markets saw new ATHs from the S&P 500 and NASDAQ overnight, with NVIDIA driving […]

Top Stories On Monday, June 30, 2025, the ASX gained 28 points to finish at 8542.  The market was positive after the US S&P500 hit a new ALL-TIME HIGH on Friday, even though tariff talks are about to take centre stage alongside the One Big Beautiful Bill, which passed the Senate 51-49 over the weekend.  Today, the […]

Top Stories On Wednesday, June 4, 2025, the ASX gained another 75 points to finish at 8542. This is the highest point since 14 February when the market hit an ALL-TIME CLOSING HIGH of 8556 and an INTRA-DAY HIGH of 8615.2. This occurred on a day when GDP was below expected at 0.2% for the quarter, and […]

Top Stories It’s pleasing to write number 700 on a day when the ASX jumped more in five years & the S&P500 had its best day since 2008.   On Thursday, April 10, 2025, the ASX jumped 335 points to finish at 7710, up 4.5% for the day. However, for all the volatility, the market […]

16 September 2024  No.660 Top stories On Monday, 16 September 2024, the ASX gained to finish at 8121.60. This is a new ALL-TIME CLOSING HIGH as it passed the previous high of 8115 set on 1/8/24 (just before the Yen carry trade sell-off). It’s not a new ALL TIME HIGH, as the ASX 200 reached 7148.70 on 1/8/24. […]

Top Stories Our work family (Scott, Kevin, Chris and Maddy) wishes you and your family a Merry Christmas and a Happy and Safe New Year. We return on Monday, Jan 6. On Thursday, 19 December 2024, the ASX ran into a massive headwind with a drop of 141 points or -1.7% to finish at 8168. This is a drop of […]