JTrader Daily: Mondays best set ups!
JTrader Daily: Best set ups for Monday 12th May 2025!
C79, GQG, LTR, NVX, SHG
JTrader Daily: Best set ups for Monday 12th May 2025!
C79, GQG, LTR, NVX, SHG
Stocks drifted lower Friday night as global markets remained on edge as high-level U.S. and Chinese officials meet in Geneva for the first substantive talks.
Key Points from the the first substantive high-level talks between U.S. and Chinese officials in Geneva
“Bulls vs Bears,” provides a comprehensive overview of current market trends, economic developments.
The Australian sharemarket is set to post its first weekly decline in four weeks, with a late rally in bank stocks failing to offset earlier losses. The S&P/ASX 200 Index rose 0.4% to 8225.3 points by mid-afternoon Friday, narrowing the weekly loss to 0.6%. While seven of the index’s 11 sectors traded higher, earlier selling pressure driven by weaker-than-expected earnings from major banks weighed on overall performance.
Income/Balanced Watchlist
Switch MQG to GQG
Stocks rallied over night as President Trump announced a trade deal between the U.S. and the U.K., which he described as the “first of many,” stoking hopes for a flurry of trade deals ahead.
Australian shares rebounded from early losses as optimism around a potential trade agreement and expectations of US rate cuts lifted sentiment. The S&P/ASX 200 rose 30.3 points, or 0.4%, to 8208.6 by 2pm, with nine of eleven sectors trading higher. The All Ordinaries also gained 0.4%.
The Global X 21Shares Bitcoin ETF (EBTC) offers exposure to physical Bitcoin. Australia’s first spot Bitcoin ETF
Stocks swung between gains and losses before closing higher overnight, as rise in chip stocks helped offset a slump in Alphabet and the Federal Reserve hawkish pause.