scroll

Opinion + Action

The latest views from real investors with real money in the markets.

FIND OUT MORE

ANALYSIS
OPINION
ACTION

ANALYSIS

Market Analysis

FDC.AX

3.26%

4DX.AX

-2.46%

ABG.AX

-1.61%

AIS.AX

4.23%

AGL.AX

-0.94%

A1M.AX

2.8%

AGI.AX

AIZ.AX

AAI.AX

2.14%

ALK.AX

3.66%

A4N.AX

0.83%

ALQ.AX

1.35%

AMC.AX

0.78%

AOV.AX

-1.53%

AMP.AX

0.3%

ALD.AX

-0.03%

ANN.AX

-0.95%

ANZ.AX

0.81%

APA.AX

0.1%

ARU.AX

ARB.AX

-0.96%

ARF.AX

0.31%

ARG.AX

-0.44%

ALL.AX

-1.06%

AYA.AX

1.23%

APZ.AX

0.39%

ASX.AX

-0.02%

ALX.AX

1.62%

AUB.AX

-0.35%

AIA.AX

0.41%

AXQ.AX

-2.77%

AZJ.AX

-0.95%

ABB.AX

0.64%

ASB.AX

-5.34%

AAC.AX

1.12%

AEF.AX

-1.1%

AFI.AX

-0.14%

AUI.AX

-0.27%

BOQ.AX

0.16%

BMN.AX

7.25%

BCI.AX

-2.38%

BPT.AX

0.57%

BGA.AX

-0.17%

BGL.AX

2.73%

BEN.AX

-0.19%

BNZ.AX

5.74%

BHP.AX

2.48%

BKI.AX

-0.27%

BC8.AX

5.56%

XYZ.AX

0.49%

BSL.AX

BOE.AX

6.72%

BXB.AX

-2.65%

BVS.AX

15.12%

BRE.AX

3.63%

BRG.AX

-1.78%

BGP.AX

BFL.AX

-0.37%

BWP.AX

0.26%

CMM.AX

1.29%

CSC.AX

6.45%

CAR.AX

0.76%

CIN.AX

1.19%

CYL.AX

3.97%

CAT.AX

CWP.AX

CNI.AX

-2.51%

CIP.AX

0.67%

COF.AX

-0.56%

CGF.AX

0.76%

CIA.AX

3.13%

CHI.AX

CHC.AX

2.24%

CLW.AX

0.55%

CQR.AX

0.78%

CQE.AX

-0.38%

CNU.AX

-0.5%

C79.AX

6.79%

CVL.AX

-1.9%

CU6.AX

1.69%

CWY.AX

-1.69%

CUV.AX

-1.72%

CBO.AX

-2.67%

COH.AX

-1.67%

CDA.AX

-2.67%

COL.AX

-0.46%

CKF.AX

0.25%

CBA.AX

0.45%

CPU.AX

0.23%

CEN.AX

3.45%

CXO.AX

-1.96%

CCP.AX

0.31%

CMW.AX

CSL.AX

-2.1%

CCL.AX

-0.4%

DBI.AX

0.18%

DTL.AX

0.21%

DTR.AX

12.5%

DYL.AX

7.43%

DRR.AX

2.09%

DVP.AX

4.69%

DXS.AX

DXI.AX

-0.41%

DDR.AX

-0.91%

DGT.AX

1.61%

DJW.AX

0.69%

DMP.AX

-1.83%

DOW.AX

0.38%

DPM.AX

7.51%

DRO.AX

DUR.AX

1.69%

DNL.AX

-2.11%

APE.AX

-2.27%

EBO.AX

-1.21%

EIQ.AX

3.75%

ELD.AX

0.54%

EOS.AX

-6.24%

ELV.AX

-1.88%

ELS.AX

-3.61%

EHL.AX

-1.49%

EMR.AX

0.56%

EDV.AX

0.29%

ERA.AX

EQR.AX

EUR.AX

1.43%

EVN.AX

3.38%

EVT.AX

-2.35%

FCL.AX

-1.92%

FFM.AX

3.45%

FPH.AX

-0.24%

FPR.AX

-0.67%

FBU.AX

-1%

FLT.AX

FRS.AX

-1.23%

FMG.AX

1.99%

FRW.AX

3.75%

FGX.AX

1.1%

FGG.AX

2.94%

GLF.AX

-0.22%

GDG.AX

-0.79%

GNE.AX

1.9%

GMD.AX

3.85%

GNP.AX

-0.53%

GMG.AX

0.17%

GPT.AX

1.03%

GQG.AX

0.35%

GNG.AX

0.62%

GNC.AX

0.21%

GGP.AX

2.48%

GOZ.AX

1.4%

GCI.AX

0.48%

GYG.AX

-1.32%

GWA.AX

-0.85%

HSN.AX

0.24%

HVN.AX

-0.42%

HGH.AX

HM1.AX

HLI.AX

-1.74%

HMC.AX

0.68%

HDN.AX

0.39%

HUB.AX

0.84%

IEL.AX

-0.43%

IGO.AX

1.62%

ILU.AX

3.08%

IMD.AX

1.84%

IMR.AX

-0.82%

IFT.AX

0.16%

INA.AX

-0.46%

ING.AX

0.95%

IAG.AX

-0.24%

IDX.AX

-0.96%

IPG.AX

-1.01%

IPX.AX

4.36%

IPH.AX

0.25%

IRE.AX

-1.1%

JHX.AX

0.57%

JBH.AX

-0.88%

JDO.AX

2.22%

JMS.AX

KAR.AX

-3.41%

KLS.AX

0.7%

KCN.AX

4.39%

KKC.AX

-0.48%

GLS.AX

2.97%

LGF.AX

0.5%

L1G.AX

LSF.AX

2.84%

LRV.AX

LFS.AX

1.67%

LLC.AX

LFG.AX

-6.07%

360.AX

-0.93%

LIC.AX

-3.04%

LNW.AX

-0.86%

LIN.AX

-3.55%

LTR.AX

1.02%

LOV.AX

-1.38%

LYL.AX

1.51%

LYC.AX

-1.36%

MA1.AX

0.75%

MAF.AX

-0.77%

MGH.AX

0.91%

MAH.AX

4.02%

MQG.AX

0.91%

MAQ.AX

1.16%

MAD.AX

2.97%

MFG.AX

MMS.AX

-0.67%

MPL.AX

MP1.AX

-0.3%

MCY.AX

MEZ.AX

0.87%

MSB.AX

6.67%

MLX.AX

7.69%

MTS.AX

0.33%

MEI.AX

5.88%

MOT.AX

-0.6%

MXT.AX

MFF.AX

MIN.AX

2.07%

MI6.AX

3.33%

MIR.AX

MGR.AX

0.59%

MND.AX

1.32%

MYR.AX

1.72%

MYS.AX

-0.84%

NAN.AX

-3.28%

NAB.AX

0.84%

NGI.AX

1.24%

NWL.AX

2.18%

NEU.AX

-1.55%

NHC.AX

0.77%

NEM.AX

1.56%

NWS.AX

2.73%

NXG.AX

3.91%

NXT.AX

0.8%

NHF.AX

-0.14%

NCK.AX

-0.86%

NIC.AX

2.89%

NEC.AX

-1.05%

NST.AX

1.74%

NWH.AX

2.3%

NUF.AX

-0.37%

OCL.AX

2.35%

OML.AX

-1.01%

OPH.AX

2.82%

OBM.AX

5.16%

ORI.AX

-0.67%

ORG.AX

-0.48%

ORA.AX

1.09%

PDN.AX

4.14%

PNR.AX

5.29%

PPC.AX

4.71%

PPM.AX

2.46%

PRN.AX

1.39%

PPT.AX

PCI.AX

-0.9%

PRU.AX

2.07%

PXA.AX

-0.37%

PNI.AX

PL8.AX

0.36%

PLS.AX

0.43%

PGF.AX

3.13%

PNV.AX

-1.93%

PDI.AX

2.92%

PMV.AX

-2.05%

PME.AX

-6.34%

PWH.AX

-1.52%

PYC.AX

1.97%

QAN.AX

0.19%

QBE.AX

-0.43%

QAL.AX

0.95%

QRI.AX

-0.32%

RMS.AX

2.36%

RHC.AX

-2.31%

REA.AX

0.53%

RDX.AX

0.56%

REH.AX

-1.2%

RF1.AX

2.01%

RPL.AX

0.97%

RG1.AX

2.44%

RGN.AX

0.43%

REG.AX

0.16%

RRL.AX

RWC.AX

-2.39%

RMD.AX

-0.92%

RSG.AX

5.56%

SGLLV.AX

0.07%

RIC.AX

2.23%

RIO.AX

3.77%

RXL.AX

5.13%

RFF.AX

1.51%

RYM.AX

-0.28%

SFR.AX

3.75%

STO.AX

-0.39%

SCG.AX

0.78%

SEK.AX

-0.45%

SHV.AX

-1.01%

SRV.AX

SSM.AX

SGH.AX

-0.18%

SHA.AX

0.16%

SIG.AX

-1.74%

SLX.AX

9.4%

SGM.AX

1.6%

SDR.AX

-4.37%

SKS.AX

2.46%

SIQ.AX

-1.67%

SHL.AX

-0.56%

S32.AX

5.24%

SX2.AX

1.35%

SXE.AX

1.83%

SPK.AX

1.31%

SRG.AX

-0.83%

SBM.AX

2.17%

SMR.AX

-1.67%

SDF.AX

-0.39%

SGP.AX

1.02%

SKG.AX

-1.16%

SNZ.AX

SUN.AX

-0.74%

SRL.AX

-0.62%

SUL.AX

-0.46%

SLC.AX

1.31%

SNL.AX

-0.5%

SYL.AX

0.74%

TAH.AX

TEA.AX

-1.24%

TNE.AX

0.79%

TLX.AX

-3.96%

TLS.AX

-1.61%

TPW.AX

-1.06%

A2M.AX

-1.56%

TLC.AX

-0.36%

SGR.AX

1.01%

TVN.AX

-5.56%

THL.AX

0.41%

TWR.AX

TPG.AX

1.68%

TCL.AX

-0.48%

TWE.AX

0.66%

TUA.AX

0.87%

TCG.AX

1.9%

UNI.AX

-0.78%

VAU.AX

3.18%

VNT.AX

1.36%

VCX.AX

1.54%

VGN.AX

VEA.AX

0.45%

VUL.AX

-0.69%

VSL.AX

-1.26%

VYS.AX

-1.55%

WA1.AX

1.83%

WGN.AX

WAM.AX

WGB.AX

0.9%

WLE.AX

1.08%

SOL.AX

-0.09%

WPR.AX

0.41%

WQG.AX

2.51%

WEB.AX

-2.23%

WBT.AX

7.11%

WES.AX

-1.29%

WAF.AX

4.4%

WGX.AX

2.15%

WBC.AX

0.94%

WHF.AX

0.64%

WHC.AX

0.27%

WIA.AX

4.9%

WC8.AX

5.56%

WTN.AX

WTC.AX

-1.82%

WDS.AX

-0.85%

WOW.AX

-0.69%

WOR.AX

0.47%

XRO.AX

-1.26%

YAL.AX

-1.45%

ZIM.AX

4.13%

ZIP.AX

1.95%

POPULAR ETFs	Close($)	+/-	%
A200 ASX 200	146.88	0.83	0.57
SSO ASX Small Caps	14.48	0.1	0.7
IVV S&P 500	72.02	0.13	0.18
NDQ Nasdaq	61.94	0.38	0.62
F100 FTSE 100	15.08	-0.03	-0.2
ASIA Asia Tech	21.80	0.54	2.54
IEU Europe	98.16	0.19	0.19
IEM Emerging Markets	96.94	1.19	1.24
Gold Gold	54.21	0.37	0.69
ACDC Battery Tech	134.45	2.07	1.56

COMMODITIES	Close($)	-/+	%
Gold	4,111.53	-9.49	-0.23
Silver	59.91	-0.0765	-0.13
Platinum	1,619.89	9.5739	0.59
Palladium	1,279.96	32.5572	2.61
Ice Brent Crude	75.90	-2.12	-2.72
CURRENCIES	Close($)	-/+	%
Australian Dollar	0.6960	0.002	0.29
Euro	1.1438	0.001	0.09
British Pound	1.3420	0.0015	0.11
Canadian Dollar	1.4126	-0.0041	-0.29
New Zealand Dollar	0.5773	0.0019	0.33
Chinese Yuan	6.7766	-0.0155	-0.23
Japanese Yen	161.3400	-1.03	-0.63

What We're Watching

ASX Resource stocks we own

Code	Company	Price($)	Today	1 Year Return	52 Week Range($)
A1M	Aic Mines Ltd	0.74	2.8%	130.65%	0.30 0.79
BGL	Bellevue Gold Ltd	1.32	2.73%	0.00%	0.78 2.00
BHP	Bhp Group Ltd	58.28	2.48%	50.25%	38.66 65.98
FMG	Fortescue Ltd	18.47	1.99%	11.79%	16.51 23.38
NHC	New Hope Corporation Ltd	5.26	0.77%	31.82%	3.77 6.17
WHC	Whitehaven Coal Ltd	7.42	0.27%	24.58%	5.94 9.90
NEM	Newmont Cdi	135.84	1.56%	0.00%	87.54 190.91
NXG	Nexgen Ene Cdi	13.83	3.91%	0.00%	9.89 20.47
SFR	Sandfire Resources Ltd	18.83	3.75%	62.34%	10.11 21.75

10 Top Gainers | <$500m

Code	Company	Last($)	% Chg
BVS	Bravura Solution	2.36	15.12
DTR	Dateline Resourc	0.14	12.5
SLX	Silex Systems	5.70	9.4
MLX	Metals X	1.40	7.69
DPM	Dpm Metals Cdi	50.81	7.51
DYL	Deep Yellow	1.45	7.43
BMN	Bannerman Energy	3.55	7.25
WBT	Weebit Nano	7.83	7.11
C79	Chrysos Corporat	5.66	6.79
BOE	Boss Energy	1.35	6.72

10 Biggest Fallers | <$500m

Code	Company	Last($)	% Chg
PME	Pro Medicus	197.07	-6.34
EOS	Electro Optic Sy	8.41	-6.24
LFG	Liberty Financia	3.25	-6.07
TVN	Tivan	0.34	-5.56
ASB	Austal	3.72	-5.34
SDR	Siteminder	3.72	-4.37
TLX	Telix Pharmaceut	16.27	-3.96
ELS	Elsight	7.74	-3.61
LIN	Lindian Resource	0.82	-3.55
KAR	Karoon Energy Lt	1.42	-3.41

OPINION

Latest Market Matters Opinions

10/07/2026 17:04

Broker Moves

• • Jumbo Interactive Cut to Neutral at Evans & Partners Pty Ltd • PC Gold Rated New Speculative Buy at Canaccord; PT A$2.15 • Skinkandy Rated New Overweight at Jarden Securities; PT A$2.90 • New Hope Raised to Neutral at Barrenjoey; PT A$5

10/07/2026 17:03

What Mattered Today

The ASX 200 closed higher today as a rebound in miners and a firmer bank sector offset broad losses elsewhere. Materials was the standout on the day (+2.32%) despite being the week's weakest sector over five days (-4.41%) — a sharp reversal as gold pushed toward US$4,115/oz and iron ore cleared US$99/tonne. Healthcare was the biggest drag, led lower by Pro Medicus. The index still finished the week down 0.43%, its fourth straight weekly decline.

ACTION

image description

Only available to Members

Take a free 14 day Market Matters trial – full access to all our reports, portfolios, positions, buy and sell recommendations. Access the latest views on the latest developments from professional money managers. It’s free and no payment details are required

For membership options and pricing.

Click here

Members only

UNLOCK MARKET MATTERS NOW

Take a free trial.

No payment details required.

Market Matters Content

ETF Friday: Three ETFs MM Is Watching as US Inflows Hit US$1 Trillion

Morning report 10/07/2026

Afternoon Report

The Match Out: ASX rises on the day but locks in fourth straight weekly loss

Afternoon report 10/07/2026

Ask James ASK A QUESTION

Ask James

Question asked 10/07/2026

GEAR – rising to the challenge.

The stock market's long term trend is relentlessly rising, looking at any time frame larger than 1 year the ASX rises... given this, would we not all be best just to buy GEAR and forget everything else? Why stock pick when you can get 250% leverage on a long term ever rising market? I would love to see a chart that overlays the GEAR stock price against the longer term performance of a 'typical' (MM?) growth or other actively managed portfolio. Alain

Ask James

Question asked 10/07/2026

Commodity Clock

Still on this commodity super cycle - the emperor with no clothes. Someone described the cycle like a clock, with 6 o'clock being the bottom of the cycle and 12 o'clock being the peak, and suggesting that we are currently at about 7 o'clock. So, why are we screaming towards 5 o'clock?

Featured podcasts Subscribe to podcasts

Weekly video update Subscribe to videos

Pulse Check Webinar: Portfolio positioning post the Budget 20/05/2026

MM Market Matters Portfolios

GO TO ALL PORFOLIOS

7.37% Active Growth Portfolio

9.89% Shawn’s Trade Ideas

16.62% Active Income Portfolio

21.55% International Equities Portfolio

10.01% Emerging Companies Portfolio

7.40% Core ETF Portfolio

7.37% Active Growth Portfolio 9.89% Shawn’s Trade Ideas 16.62% Active Income Portfolio 21.55% International Equities Portfolio 10.01% Emerging Companies Portfolio 7.40% Core ETF Portfolio

At Market Matters our portfolios give members the chance to see a detailed breakdown of our market activity.

Choose to follow any portfolio, in-part or in-full, discover a portfolio that suits your interests and risk level, and see our latest sales, as well as our holdings.

*Portfolio returns 1 year to 30th June 2026

Latest View Points

SMH US

CORO US

RSP US

BHP US

BHP

ASIA

MU US

SFR

005930 KS

IVV