JTrader Daily: Tuesdays best set ups!
JTrader Daily: Best set ups for Tuesday 25th February 2025!
APA, ARL, GG8, SFX, WOW
Closing Bell 24th February: Wisetech drops as board members resign. XJO positive as financials recover
The S&P/ASX 200 edged 0.1% higher to 8301.80 on Monday, recovering from early losses as bargain hunters drove a rebound in financial stocks. The index opened lower amid broad selling but reversed course by early afternoon, with six of 11 sectors advancing, led by utilities.
Alpha Recommendation: Buy Gorilla Gold Mines (GG8)
Gorilla Gold Mines Ltd (GG8, formerly Labyrinth Resources Limited) is an Australian gold development company with key projects in Canada and Western Australia. Recent acquisitions include the Vivien Gold Project and a 49% stake in the Comet Vale Project.
JTrader Daily: Mondays best set ups!
JTrader Daily: Best set ups for Monday 24th February 2025!
A1M, CMM, EDV, NEC, MND
Closing Bell 21st February: Domain gets a takeover bid. ASX falls and hits one month lows
The S&P/ASX 200 declined 0.2% to 8303.70 in afternoon trade, marking a new one-month low as weakness in consumer discretionary stocks and Commonwealth Bank weighed on the market. The Australian dollar edged above US64¢.
Alpha Recommendation: Buy AIC Mines (A1M)
AIC Mines Limited (A1M) focuses on gold and copper exploration, including mine development, production, and copper concentrate sales in Australia. The company’s key projects include the Eloise Copper Mine and Jericho Copper Deposit in North Queensland, along with other regional exploration initiatives
Alpha Recommendation: Take Profit Tamboran Resources (TBN)
Tamboran Resources Corporation is the largest acreage holder with ~1.9 million net prospective net acres in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia.
Growth Watchlist – Earnings Update Promedicus (PME)
Earnings Update – Promedicus (PME)
Growth Watchlist – Earnings Update Goodman Group (GMG)
Earnings Update Goodman Group (GMG)
JTrader Daily: Fridays best set ups!
JTrader Daily: Best set ups for Friday 21st February 2025!
BXB, RXL, CPU, EVN, A2M
Closing Bell 20th February: Super Cheap Auto falls and gets cheaper. ASX falls for 4th straight session
The Australian sharemarket extended its sell-off on Thursday, with the S&P/ASX 200 Index dropping 1.5% to 8,297, its largest intraday decline in three weeks. A stronger-than-expected 44,000 increase in January employment tempered rate cut expectations, with odds of a May cut falling from 79% to 72%.