General Markets Talk

[sabre_ac]

One thing about gold is that is it's not overly difficult as a layman to get an idea of and understand drill results in explorers or production in a miner.

Oil and gas the total opposite imo.

Agreed on drill results , how many zombie juniors are there out there living if cherry picked assays.

I think you’re always better off buying the streamers if you want exposure to gold.


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[DaRick]

USDJPY looks like shooting towards 160.

RE China stocks, have also bought FUTU.

Closed for a profit.

Will close RTY put spreads for a loss:

 

[DaRick]

Cautious about the market in general.



I've closed my put spreads and shorts (for a loss) but haven't added anything except VGTX.

Added PDD a few days earlier and VGTX yesterday. FUTU's done well for me, too.

Also shorted USDJPY yesterday - has done well, but I've set a limit at 149 because that's where I bought FXY. If the Japanese Ministry of Finance has intervened, this is going significantly lower.

Let's see if Chinese stocks keep outperforming...

(Oliver Kell is an Investing Champion BTW - no literally, that's what he was awarded)

 

[Kram]

Bapcor is my biggest dog atm, what a s**t show that has been since the founder quit.

 

[Kram]

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!?

Evening Wrap: ASX 200 lower as consumer stocks dumped and CBA disappoints, lithium stocks resurgence continues

Worse than expected trading updates hobbled consumer stocks like Baby Bunting (BBN), Temple & Webster (TPW), and Super Retail Group (SUL). Banks were dragged lower by Commbank's disappointing Q3 update. The resurgence in lithium stocks continues.

www.marketindex.com.au

 

[BuddysBiggestFan]

Think I can kiss my $8.5K on AVZ goodbye



Down to my last $1.5K from $40K and that’s invested in WC8

 

[SM]

I checked my investments the other day and RNU which was tipped in here (over a year ago?) still going pretty strong. I also have an investment in Qantm which I think I saw recommended in the AFR a few years back, which is up well over 50% since I bought in. Pleasantly surprised as the last time I checked it was actually down on my purchase price but has shot up since March.

 

[Kram]

Think I can kiss my $8.5K on AVZ goodbye

View attachment 1991109

Down to my last $1.5K from $40K and that’s invested in WC8

From what I've seen you just seem to mostly punt on ultra long shot micro caps. Nothing wrong putting a small % into that for some fun but as a main strategy it's always going to be very tough and tbh probably not much better than going to the tab.

 

[burge13]

Think I can kiss my $8.5K on AVZ goodbye

View attachment 1991109

Down to my last $1.5K from $40K and that’s invested in WC8

Have to cut losses earlier than that if you're going to punt specs exclusively imo. preserve capital as you're going to get alot wrong on the spec end which is littered with lifestyle companies with good salesmen