
Biden Unveils $1.9tn Aid Package
Jobless Numbers Spike The dollar had a choppy session on Thursday. However, it [...]
Mixed sessions across Europe (up) and the US (down) provided a murky path for local traders to follow as the Aussie 200 Index continues to consolidate around the lows over the last two and a half weeks. Interesting to note the S&P500 is touching on six straight years without a 20 per cent pull back, which is the fourth longest since 1900. Both Gold and the Aussie Dollar continue to move in a narrow sideways band with pressure starting to build in both asset classes.
How did the Aussie market perform today?
S&P/ASX200 gained 2.6 points or +0.04% on volume of $5.14 billion, closing at 5904.2.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
25% of stocks are showing oversold levels, 20% are showing overbought levels and 68% 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, 05 Mar, 2015 / 9:34
Biden Unveils $1.9tn Aid Package
Jobless Numbers Spike The dollar had a choppy session on Thursday. However, it [...]
Muted Moves In Metals Following Heavy Sell-Off
Gold Following the volatility last week as gold sold off in response to the [...]
Biden’s $1.9 trillion stimulus plan sparks profit-taking
Stock markets drift lower as Biden’s relief plan raises [...]