
Will the ECB disturb the waters?
· ECB unlikely to rock euro – resilient economy vs higher yields [...]
US Markets took a turn for the worse overnight, losing ground quickly, before recovering for the rest of the session, providing a glimmer of hope for the Aussie market bulls, which unfortunately did not eventuate. Our local Aussie index maintained momentum to the downside on open, dropping a quick-fire 60 points before replicating the US market by rallying towards the close, finishing the day down 23.7 points.
How did the Aussie market perform today?
S&P/ASX200 lost 23.7 points or -0.45% on volume of $5.377 billion, closing at 5259.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
29% of stocks are showing oversold levels, 17% are showing overbought levels and 37% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Wednesday, 10 Dec, 2014 / 8:22
Will the ECB disturb the waters?
· ECB unlikely to rock euro – resilient economy vs higher yields [...]
VERIZON SHARES SLIDE EVEN AFTER UPBEAT PROFIT
Verizon reported a strong start to the year, with a solid operational [...]
Can the Bank of Canada pull off a ‘cautious’ tapering?
· Bank of Canada likely to scale down its vast QE program today [...]