At the time of writing, the ASX 200 jumped by 126 points or 2.2% to 5,422 points. The market got hammered on the news that Greece is on the verge of default.
Yesterday the Costa Group put out the prospectus for their IPO. They’re expecting to list on the ASX under the code CGC in late July.
A2 Milk (ASX:A2M) (NZE:ATM) looks set to become the next dairy company to be the subject of a hot bidding war.
The Aussie stock market bounced following the trend of the US last night, thanks to favourable economic data.
While most people think of themselves as long term investors, they actually invest like a short-term investor.
Markets are looking down today. Investors are eyeing the exits ahead of the Reserve Bank of Australia’s interest rate decision this afternoon.
Contrary to what the mainstream tells you, the stock market always rises with higher interest rates… following the initial frightened sell-off by the masses.
The ability to read stock price charts can give you a serious advantage over the rest of the market.
Stocks could keep falling after the RBA’s bumbling effort on Tuesday. But if you’re in the market, this is when you should look to buy, rather than sell.
Financial markets are concerned. It’s no shock that last week the US Dow Jones declined into negative territory for the year.