Australian (ASX) Stock Market Forum

Garpal Gumnut

Ross Island Hotel
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Švejk and I are headed for Garbutt Field, unfortunately now called Townsville Airport.

The ADF have provided me with a suitable aircraft and crew with which to practise his parachuting, ( I will watch with a few snorters from the back seat of the Arnage ) to celebrate what appears to be the beginning of the end of all the depressive talk about the XAO in particular Materials, Gas and Oil.



gg
 
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A couple of bullish days in the commodity sector and there's a renewed optimism in the forum. The big bounce in copper, lithium remaining strong and now gold rallying over $1700 USD/oz. It all good for the XAO.

I've even listened to The Lark Ascending to get my spirit soaring.

Have we seen the bottom? I think the result of the US elections will determine that.
 
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Švejk and I are headed for Garbutt Field, unfortunately now called Townsville Airport.

The ADF have provided me with a suitable aircraft and crew with which to practise his parachuting, ( I will watch with a few snorters from the back seat of the Arnage ) to celebrate what appears to be the beginning of the end of all the depressive talk about the XAO in particular Materials, Gas and Oil.



gg

Nice..I think Santa Claus might be stirring
 
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Is it just me who thinks the ASX is looking very bullish currently ? Gold producers are charging higher, retail stocks going up and now I see lithium stocks catching a bid today and sneaking higher. Even rare earths stocks are looking up. Copper is bullish.
 
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Is it just me who thinks the ASX is looking very bullish currently ? Gold producers are charging higher, retail stocks going up and now I see lithium stocks catching a bid today and sneaking higher. Even rare earths stocks are looking up. Copper is bullish.
The book cover does look quite attractive.
I had expected inflows to AUD and some decoupling, not sure where that's at, but it looks a good start.
Nickel looks to be repositioning, 12% corrected, up to another 12% internally forecast by me days ago... (forecast correction range was 15 ~ 25% )
A big call so I kept it privvy...?
 

Sean K

el oro es bueno
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Is it just me who thinks the ASX is looking very bullish currently ? Gold producers are charging higher, retail stocks going up and now I see lithium stocks catching a bid today and sneaking higher. Even rare earths stocks are looking up. Copper is bullish.

Yes, looks very bullish today. Maybe everyone got a $50 note from Nana for Xmas and they're putting it into the market.
 

UMike

Captain Klutz
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The XAO outperformed me by 1.6% this week. (After beating FY22 by 15%)
CSL, TYR and the oilers let me down. Only Outstanding stock was PNV.

Every stock I follow has a 1-2 Buyer/Seller ratio.
Really don't think it is bullish at all atm but have an open mind. Plenty I want to buy and sell. Just nothing is in range.

Think I'll go fo a big Motorbike ride next week. Been a waste of time watching it atm.
 

Dona Ferentes

there's information in the price
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Big money flowing

BDO analysis shows investment and exploration spending in the December quarter reached some of the highest levels since it started tracking the money flows almost a decade ago.

ASX-listed exploration companies raised more than $3 billion in the December quarter with a flood of money directed to rare earths, in another sign of how anxious the US and its western allies are to shore up non-China supply.

The raising bounced back from just $1.82 billion in July-September when a tightening in capital markets was blamed on global economic uncertainty.

Aspiring gold producers attracted the most finance ($379.68 million) for the second consecutive quarter, says a study by advisory firm BDO covering companies purely in the exploration phase, not yet making revenue. Rare earths zoomed into second spot...

Screenshot_20230306-163536_Chrome.jpg

Across all of 2022, lithium explorers attracted the most finance ($1.2 billion) headed by fund raisings by the likes of Sayona Mining, Leo Lithium, Global Lithium and Core Lithium.

Gold came in second place with $1.15 billion followed by rare earths with almost $700 million.

Total exploration dipped to $993 million in the December quarter, down from a record spend of $1.07 billion on the hunt for new mining and oil and gas assets in the previous three months.
 
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Big money flowing

BDO analysis shows investment and exploration spending in the December quarter reached some of the highest levels since it started tracking the money flows almost a decade ago.

ASX-listed exploration companies raised more than $3 billion in the December quarter with a flood of money directed to rare earths, in another sign of how anxious the US and its western allies are to shore up non-China supply.

The raising bounced back from just $1.82 billion in July-September when a tightening in capital markets was blamed on global economic uncertainty.

Aspiring gold producers attracted the most finance ($379.68 million) for the second consecutive quarter, says a study by advisory firm BDO covering companies purely in the exploration phase, not yet making revenue. Rare earths zoomed into second spot...

View attachment 153986

Across all of 2022, lithium explorers attracted the most finance ($1.2 billion) headed by fund raisings by the likes of Sayona Mining, Leo Lithium, Global Lithium and Core Lithium.

Gold came in second place with $1.15 billion followed by rare earths with almost $700 million.

Total exploration dipped to $993 million in the December quarter, down from a record spend of $1.07 billion on the hunt for new mining and oil and gas assets in the previous three months.
Well, having just read this post there certainly is no shortage of investment funds out there. I often wonder and ponder just how much dollar investments come from the medical fraterinity, ie Drs, Dentists Specialists who are absolutely rolling in the stuff.
Our local Vet(Dr) $85 for 10 min or less no discount. x6 and x8hrs and x5 days.
 
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