Oil Crashes 11%: Sell Woodside and Santos Now?
Oil plunged 11% overnight after Donald Trump posted on Truth Social, claiming "productive talks" with Iran and announcing a 5-day pause on energy infrastructure strikes. Brent crude fell from US$113 to US$100 in minutes. On the ASX yesterday, Santos (ASX: STO) dropped 2.7%, and Karoon Energy (ASX:…
ASX Lithium Stocks Surge After China Price Jump
ASX lithium stocks surged broadly on Tuesday after Chinese lithium carbonate futures on the Guangzhou Futures Exchange (GFEX) jumped 5.88% to 152,620 yuan per tonne, recovering from the sharp March sell-off, though still well below the January peak of 180,000 yuan per tonne. PLS Group (ASX: PLS),…
ASX Gold ETFs May Be Smarter Than Gold Miners
It has been a rough week for ASX gold investors. Gold fell through the psychologically important US$5,000 mark, dropping as low as US$4,500, after the US Federal Reserve held rates steady but signalled just one rate cut for 2026, down from the two cuts markets were…
Ampol got a boost, but the stock may already be priced in
Ampol (ASX: ALD) closed Friday at A$33.11, up 0.42% on the day, after two pieces of good news landed together. The government lifted its Fuel Security Services Payment collar from 6.4 to 10.0 cents per litre, and Ampol's Lytton refinery in Queensland had…
ASX 200 Slides: What Investors Should Do Now
The ASX 200 closed Friday at 8,428.4 points, falling 8.4% from its March high of 9,202.9 and sitting at a four-month low. Three separate pressures landed in quick succession. The Reserve Bank of Australia raised the cash rate to 4.10% on Monday in a narrow 5-4 vote,…
Premier Investments slid after investors looked past the dividend
Premier Investments (ASX: PMV) had a dramatic trading session on Friday. The stock surged as high as A$13.57 in the opening hour, driven by a 45-cent dividend announcement that pulled in income-focused buyers. But that enthusiasm faded quickly. By the close, Premier Investments had reversed entirely…
ASX Energy Stocks: Best Buys at $110 Oil
Oil is sitting at above US$110 a barrel. Tensions in the Middle East are running hot, the Strait of Hormuz is under threat, and ASX energy stocks are surging across the board. On the surface, it looks like a straightforward opportunity. Buy energy, ride the rally.
But…
What the Fed Hold Means for ASX Investors
The Federal Reserve held rates steady for the second meeting in a row, and the ASX 200 fell 1.7% to around 8,494 in response. Wall Street sold off, too. The Iran war has sent oil above US$110 a barrel, and that has made it harder for the…
Boss Energy Falls Despite Uranium Upgrade
Boss Energy (ASX: BOE) fell 6.75% to A$1.52 on Thursday, and the timing looks puzzling at first glance. The company had just released a genuinely positive resource update, confirming a 30% increase in contained uranium at its Gould's Dam satellite deposit to 33.1 million pounds, plus a 9% upgrade…
ASX Gold Stocks Fall After Fed Hold
Gold has fallen sharply over two sessions, dropping to a low of US$4,573 before recovering to around US$4,840, still representing a decline of roughly 9% from pre-Fed levels near US$5,011. The trigger was the US Federal Reserve holding interest rates steady at 3.5% to 3.75% for the second…
