ASX 200 belted on further rate cut delay woes, gold stocks smashed, uranium stocks soar
Investors are once again fretting they're not going to get they're much anticipated interest rate cuts as soon as they would wish.
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A dismal day on the Aussie share market for all but one tiny sub-sector.
Why was everything else so bad? Investors are once again fretting they're not going to get they're much anticipated interest rate cuts as soon as they would wish.
And the "as soon as they would wish" part is getting drawn out and out – quite possibly no longer in 2024 😭.
It wasn't all doom and gloom, however. There was a warm radioactive glow coming from ASX uranium stocks which exploded higher on as many as four possible reasons.
To learn about these reasons, and the best and worst of today's market gyrations...
Let's dive in!
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Carl has over 30-years investing experience and has helped investors navigate several bull and bear markets over this time. He is a well respected markets commentator who specialises in how the global macro impacts Australian and US equities. Carl has a passion for technical analysis and has taught his unique brand of price-action trend following to thousands of Aussie investors.
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Investing is risky. Inevitably you will endure losses. If you can't cope with losing, don't invest.
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Carl has over 30-years investing experience and has helped investors navigate several bull and bear markets over this time. He is a well respected markets commentator who specialises in how the global macro impacts Australian and US equities. Carl...
Carl has over 30-years investing experience and has helped investors navigate several bull and bear markets over this time. He is a well respected markets commentator who specialises in how the global macro impacts Australian and US equities. Carl...
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