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No: WOW and DMP
He's not calling them buys yet - on watch
He's not calling them buys yet - on watch
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Today
Lithium stocks were rocked. Don't know how anyone can stand this sector.
Market Matters:
"News that China’s CATL will restart its Yichun lithium Lithium mine earlier than expected sparked a brutal selloff in the sector.
Pilbara Minerals (PLS) -17.29%, Liontown (LTR) -18.42%, IGO (IGO) -13.99%, and Mineral Resources (MIN) -6.34% were all hit hard as supply fears resurfaced."
Gold stocks did poorly today but FWIW, Bell Potter raised its call on 3 goldies:
Market Matters:
"Spot gold hit to a fresh record above US$3670/oz before easing back to ~US$3635, yet the miners ignored the move higher. Bellevue Gold (BGL) -3.8%, Perseus (PRU) -0.95%, Northern Star (NST) -0.3% as profit-taking took hold. Evolution (EVN) +0.11% bucked the trend on a broker upgrade."
Lithium stocks were rocked. Don't know how anyone can stand this sector.
Market Matters:
"News that China’s CATL will restart its Yichun lithium Lithium mine earlier than expected sparked a brutal selloff in the sector.
Pilbara Minerals (PLS) -17.29%, Liontown (LTR) -18.42%, IGO (IGO) -13.99%, and Mineral Resources (MIN) -6.34% were all hit hard as supply fears resurfaced."
Gold stocks did poorly today but FWIW, Bell Potter raised its call on 3 goldies:
Market Matters:
"Spot gold hit to a fresh record above US$3670/oz before easing back to ~US$3635, yet the miners ignored the move higher. Bellevue Gold (BGL) -3.8%, Perseus (PRU) -0.95%, Northern Star (NST) -0.3% as profit-taking took hold. Evolution (EVN) +0.11% bucked the trend on a broker upgrade."
- Evolution Raised to Buy at Bell Potter; PT A$10.55
- Pantoro Gold Ltd Cut to Sell at Bell Potter; PT A$4.40
- Regis Resources Raised to Buy at Bell Potter; PT A$6.30
- Capricorn Metals Raised to Buy at Bell Potter; PT A$13.10
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Today
It's goldies again. Didn't think to check on RSG today, lost any interest long ago. This year's chart going well but historically it's a dog.
Boss Energy justifiably smashed again - crap management.
Local gold stocks rallied hard: Evolution (EVN) +6.24%, Resolute (RSG) +8.23%, Regis (RRL) +6.24%, Ramelius (RMS) +3.53%, Newmont (NEM) +1.31%, Northern Star (NST) +3.52%
Service Stream (SSM) +16% – secured a $1.6b Defence contract for land management services across SA and NT. Not in the ASX 200, in the ASX 300.
It's goldies again. Didn't think to check on RSG today, lost any interest long ago. This year's chart going well but historically it's a dog.
Boss Energy justifiably smashed again - crap management.
Local gold stocks rallied hard: Evolution (EVN) +6.24%, Resolute (RSG) +8.23%, Regis (RRL) +6.24%, Ramelius (RMS) +3.53%, Newmont (NEM) +1.31%, Northern Star (NST) +3.52%
Service Stream (SSM) +16% – secured a $1.6b Defence contract for land management services across SA and NT. Not in the ASX 200, in the ASX 300.
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my lithium exposure came from companies i already held ( WES and MIN ) buying into lithium projects ( after i bought them )
so while lithium exposure has been a current boat anchor , i am still well in front on both stocks ( at my buy-in price )
although the gold sector was nice to me today , it was REIT exposure that pushed me nicely into the green
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@divs4ever MIN and obviously WES have other things going on than lithium as you know. I've never been attracted by the lithium 'story' or the pure Li explorers/developers/producers but that's been pretty subjective. MIN is 'Market Matters' preferred Li play as they aver that you're getting the Lithium business segment in that company cheaply. I used to consider a buy of MIN before it crashed, luckily I dithered.
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i did buy MIN but back when it was an iron ore and mining services play and realistically priced ( around $13.90 )
but never got excited about lithium , graphite or REE any exposure to them was coincidental ( ILU and DRR for the REE )
iron and coal at good metrics gets me very excited , copper makes me cautious , can't find an acceptable silver exposure ( as a dominant product ) and gold ( when the didn't fold/sell ) has been a case of buying early ( 2011 , 2012. 2013 , foe most of them )
but never got excited about lithium , graphite or REE any exposure to them was coincidental ( ILU and DRR for the REE )
iron and coal at good metrics gets me very excited , copper makes me cautious , can't find an acceptable silver exposure ( as a dominant product ) and gold ( when the didn't fold/sell ) has been a case of buying early ( 2011 , 2012. 2013 , foe most of them )
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Today
it was the goldies again and Regis Resources (RRL) was also top asx 200 stock of the week
THE WEEK
it was the goldies again and Regis Resources (RRL) was also top asx 200 stock of the week
- Gold miners shone as bullion remained elevated, with Regis Resources (RRL) +6.42%, Bellevue Gold (BGL) +7.18% and Capricorn Metals (CMM) +3.88%.
THE WEEK
Garpal Gumnut
Ross Island Hotel
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I came across this article in the Sunday Mail. Concise and authoritative. Is ASX Trader one of our mob. ?
gg
gg
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Very interesting that real estate and utilities are considered bullish.
I remain bullish with the REITs.
Utilities are closing in on 10000 and definitely finding strength ->
www.marketindex.com.au
I’m liking APA in the established group - ASX 100
Trending very nicely … ready to break into the $9 zone with momentum shortly.
Held
I remain bullish with the REITs.
Utilities are closing in on 10000 and definitely finding strength ->
Utilities (ASX Sector) LIVE DATA - Market Index
Australia's S&P/ASX 200 Utilities (ASX Sector) with LIVE DATA and charts. GICS Sector overview, historical performance and daily movement table.
www.marketindex.com.au
I’m liking APA in the established group - ASX 100
Trending very nicely … ready to break into the $9 zone with momentum shortly.
Held
Garpal Gumnut
Ross Island Hotel
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A nice chart. That last candle worries me a bit. Certainly if confirmation occurs next week for a continuation of the bull run I would be interested.Very interesting that real estate and utilities are considered bullish.
I remain bullish with the REITs.
Utilities are closing in on 10000 and definitely finding strength ->
Utilities (ASX Sector) LIVE DATA - Market Index
Australia's S&P/ASX 200 Utilities (ASX Sector) with LIVE DATA and charts. GICS Sector overview, historical performance and daily movement table.
I’m liking APA in the established group - ASX 100
Trending very nicely … ready to break into the $9 zone with momentum shortly.
Held
View attachment 208449
gg
