
Will the ECB disturb the waters?
· ECB unlikely to rock euro – resilient economy vs higher yields [...]
Janet Yellen addressed the media making her statement on behalf of the FOMC with the keywords being ‘Strong Jobs Gains’, ‘Patience’ and ‘Deflation’. This seemed to derail a fairly flat US market, sending the S&P500 down 1.35 per cent, now sitting at the bottom of the range. Our local Aussie 200 Index didn’t flinch, losing 30 points quickly on open but then the buying started and by the close of trade our index was up 16.7 points and right on the highs of the day.
How did the Aussie market perform today?
S&P/ASX200 gained 16.7 points or +0.30% on volume of $4.54 billion, closing at 5569.5.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
9% of stocks are showing oversold levels, 50% are showing overbought levels and 57% 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
Thursday, 29 Jan, 2015 / 7:31
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