ASX newbie

The market liked the modest improvement in earnings for Adelaide-based Hills Industries with the shares up 3.9% (slightly better than the overall rise in the market) or 13 cents to $3.46.
Earnings edged up 1.8% to $48.04 million, from $47.17 million in the 2007 year.
The company says it expects a satisfactory result this year, despite the [...]

The market is up 8. An unremarkable day. Financials down 0.7% after a dull performance overnight in the US. Resources up 0.2% after a strong lead from BHP, RIO and energy stocks in the US. Metal prices up. The SFE Futures were up 15 this morning.
Dow up 40. Up 69 at best. Down 95 at [...]

The ASX was a rash of gains yesterday. The entire market was up 3%. It was like an allergic reaction that makes you feel awesome. Bit by bit, it spread through the whole bourse. The only companies that escaped its wondrous infection were energy companies and gold firms.
We seem to be breaking out in something [...]

A tough day on the Australian stock market yesterday, which ended lower for a third day, as miners were sold off on falling commodity prices.
Banks had a bit of a respite and there was a rebound in the afternoon.
The ASX200 index fell 67.3 points, or 1.4%, to 4820.4 after earlier hitting a 31-month low of [...]

Investors dropped everything and stampeded out of the resource sector yesterday, reader. We mean everything. There are kitchen sinks lying all over the place. According to the Australian Financial Review, Lynas (ASX:LYC) was the best-performed miner in the top 200 yesterday. It only lost 0.4%.
So today’s issue is an idea-fest. Among the wreckage there are [...]

style=”font-size: 10pt; font-family: Verdana;”>The market is having a shocker - down 96 hitting a two year low. The SFE Futures suggested a 44 point fall. It looks like the Resources bubble is bursting today.
Resources pummeled after steep falls in energy and commodity prices overnight – down 6.1% - with [...]

Melbourne based ports and rail owner, Asciano, was a star performer in the market last week with an unexplained 71 cent rise to close at $4.15 last Friday, and yesterday we got the reason why.
An unsolicited offer from an old private equity trawler through Australia, TPG, and a mate: an offer that was rejected by [...]

The Materials Sector of the S&P/ASX 200 (ASX:XMJ) has experienced a strong correction over the last 2 months, between May 23 and July 25.
Between the high of May and the low of July, the XMJ index declined by more than 24%. Currently the index is trading on the edge. The next few weeks should deliver [...]

The market is having a shocker - down 96 hitting a two year low. The SFE Futures suggested a 44 point fall. It looks like the Resources bubble is bursting today.
Resources pummeled after steep falls in energy and commodity prices overnight – down 6.1% - with BHP down 6.4% and RIO 5.6%. Property Trusts [...]

This was contributed by “Ingot54″a professional trader who is also one of the popular contributors to “Topstocks.”
Topstocks are still offering a “Free Pro “account for one month with no strings attached. You can get there by clicking on the link provided. 25,000 Plus members can’t be wrong. So do yourself a favour and see for [...]