ASX 200 logs three gains in a row as market rates ease, uranium stocks keep rising
Aussie shares logged another solid day of gains, 3 in a row now. Today's special mention must go to uranium stocks which just keep rising!
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The S&P/ASX 200 enjoyed another solid day of gains, and at three in a row now, perhaps some semblance of stability has returned.
Largely, this new stability is a result of a pullback in market rates, and it will only remain as long as those rates continue to subside. It's no surprise then that the best performing sectors today were the interest rate sensitives.
Today's special mention goes to Aussie uranium stocks which just keep on keeping on after last weeks news the US Senate had passed a bill to ban imports of Russian uranium products.
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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