ASX 200 lower as consumer stocks dumped and CBA disappoints, lithium stocks resurgence continues
Somehow, don't ask me how or why, lithium stocks continue their recent resurgence. Who would have thought it!?
A series of worse than expected trading updates has hobbled consumer stocks like Baby Bunting (BBN), Temple & Webster (TPW), Super Retail Group (SUL), and JB Hi-Fi (JBH).
Banks were dragged lower by a combination of Westpac's (WBC) ed-dividend (harmless) and Commbank's (CBA) disappointing Q3 update (less harmless).
Somehow, don't ask me how or why, lithium stocks continue their recent resurgence. Who would have thought it!?
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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