Technicals: Moving Averages and EMA
Moving averages explained for ASX investors: how the 50-day, 200-day, SMA, EMA, golden cross and death cross work in practice. MPC Markets 2026.
Risks Stack up as Iran War rolls on and Google Capex Raises Concerns
Alphabet raised 2026 capex guidance to $195–$205 billion despite an 82% surge in Google Cloud revenue, sending shares down ~5% after hours and setting a cautious tone for Big Tech earnings. Oil surged past $95 after Houthi militants attacked two Saudi tankers in the Red Sea. ASX 200 futures point up 0.8% ahead of Australia’s June jobs report.
Chip Stocks Surge as Dip Buyers Pile In
Semiconductors posted their biggest daily gain in a month as hedge funds scrambled to rebuild positions ahead of mega-cap earnings, but Brent crude topped $91 after Houthis threatened a Saudi Red Sea blockade and the US completed a tenth day of strikes on Iran.
Stock Downs Small Despite War Intensifying
US airstrikes on Iran hit a tenth straight day with three soldiers dead and Houthis threatening a Saudi Red Sea blockade. Brent crude breached $90, the S&P 500 slipped 0.2%, and UK gilt yields surged after PM Burnham’s surprise Chancellor pick rattled markets.
Chips Crash Into Bear Market as Iran War Spirals
Wall Street snapped a two-week winning streak as the AI semiconductor trade violently unwound, pushing the SOX into a confirmed bear market — down 20% from its late-June record. Chinese AI startup Moonshot’s Kimi K3 model rekindled DeepSeek-style fears, while Iran’s abandonment of the interim peace deal after two American troops were killed in Jordan sent Brent crude surging past $88.
Chips Crack, Iran Burns, and the Fed Can’t Make Up Its Mind
Wall Street slid as the SOX chip index cratered 4% despite TSMC’s blowout 77% profit surge. The U.S. launched a fifth night of strikes on Iran while Tehran told the Houthis to stand ready to shut the Red Sea. Dallas Fed’s Logan called for higher rates, gold fell below $4,000, and Netflix tumbled 8.6% after hours on weak guidance.
Stocks higher on Inflation Delusion
Wall Street pushed higher for a second straight session after US producer prices posted their biggest monthly drop in 14 months, reinforcing expectations the Fed will hold rates through summer. S&P 500 +0.4%, Nasdaq 100 –0.3% on chip sell-off. Brent crude above $85 as US–Iran strikes escalate around the Strait of Hormuz. Goldman, JPMorgan, Morgan Stanley post record prime brokerage revenues.
Soft CPI Gives the Fed Cover & Relief Rally
US equities rallied on a cooler-than-expected June CPI print, with the S&P 500 closing at 5,655 as rate-cut bets surged. Oil spiked above $70 on escalating US-Iran tensions around the Strait of Hormuz, while Goldman Sachs posted record Q2 earnings. The ASX 200 is poised for a strong open, with SPI futures up 0.6%.
Stocks to Open Lower as Hormuz Shuts Again
Wall Street posted a second straight week of gains as markets shrugged off a fresh round of US strikes on Iran and Tehran’s declaration that the Strait of Hormuz is closed. SK Hynix surged 13% on its record $26.5 billion Nasdaq debut while the RBA flagged rising default risks across Australia’s $250 billion private credit sector.
Bulls vs Bears EP127: Be Fearful when others are Greedy
The optimists are away — so the bond traders took over. Mark and Kai run through 12 risk factors quietly stacking up: record margin lending, fund manager cash at its lowest since 1999, almost no downside protection, and corporate bond demand drying up. Plus the semiconductor split, Meta making its own chips, and why next week’s US bank earnings could set the tone for the quarter.
Chips Rally as Markets Shrug Off Iran Strikes
A chip-led rebound powered Wall Street higher as the S&P 500 rose 0.8% to 7,541.83 and the Nasdaq surged 1.3%, with the Philadelphia Semiconductor Index clawing back more than 5% over two sessions. SK Hynix priced its record $26.5 billion U.S. ADR debut while crude pulled back sharply after Trump said Iran wanted a deal. SPI futures point to a flat ASX open at 8,741.
War On, Risk Off: Stocks Drop
Trump declared the U.S.–Iran ceasefire “over” at the NATO summit in Ankara as the military launched a second day of strikes, sending Brent crude surging 5.9% to $78.55 after briefly topping $80. The S&P 500 slipped 0.3% while the Nasdaq eked out a 0.2% gain on a chip rebound after China signalled it would allow AI firms to buy Nvidia H200s. Fed minutes revealed an evenly split committee on rate hikes, and ASX 200 futures point to a 49-point drop at the open.