The Daily by moomoo

Who will use Google search? Alphabet drops

Shares rose overnight, with investors hopeful US-China talks will lead to tariff de-escalation. But we saw a sharp drop in Alphabet on news its search volume declined, with AI investors turning to other stocks such as Nvidia. ANZ Bank reported 'strongest ever half-year revenue', rounding out solid results from the big three banks reporting for this season. Commodity prices dipped as the US dollar rose, but may not stay that way for long.
Securities mentioned include Invesco QQQ Trust, ProShares UltraPro QQQ ETF, Apple, iShares Bitcoin Trust, Alphabet, ANZ Bank, Sandfire Resources, Nvidia, National Australia Bank

Ignore gold this year and you'll likely miss out

Markets fell further overnight with the S&P 500 down nearly 0.8% over concern no tariff deals are in sight. In turn the VIX (investor fear sentiment) spiked and is now up more than 9% over the past week. It remains to be seen if proposed US-China talks will settle markets. We also saw market star Palantir fall 12% overnight despite its better than expected results. Reliably, gold stocks remain strong, with Evolution Mining up 80% this year.
Securities mentioned include Palantir, CVS Health, Newmont Corp, Evolution Mining, Regis Resources and West African Resources

Bull run seems intact despite the market drop

The S&P 500 fell for the first time in nine days as investors grab profits ahead of a US central bank meeting. Oil also fell, down 18% in April, to its lowest level since January 2021. But signs point to a continuing upward run in the market. Gold is a bright spot as are companies such as Life360 and Palantir recording amazing gains. Locally, Australian banks may head lower.
Securities mentioned include Life360, ANZ Bank, Bellevue Gold, Baker Hughes, Commonwealth Bank, Chevron, Evolution Mining, Gold Road Resources, VanEck Australian Banks ETF and Newmont Corp.

Wrong US Fed signal this week may end the rally

The sharemarket rally continues with the S&P 500 reaching its longest winning streak in 20 years. Strong US companies' reports are part of the reason, with more than 100 to come this week, including Palantir overnight. If that trend continues, so may the rally, but what the US central bank says this week about the economy will be very important. (It's worth noting defence stocks are one sector benefiting most from the rally.) Locally, the market will assimilate Labor's election victory. To start us off we had Westpac deliver half-year profits in line with expectations this morning.

Expect a major ASX reaction to the election

US rally kept going overnight, but only because of strong tech performance after results released by Microsoft and Meta. (Apple and Amazon followed after market close.) Microsoft rocketed higher, leading the market up. But key data such as manufacturing is dour, which belies deeper, real concerns for the market. Locally the Australian market dipped lower at open. Volatility remains high, with signs indicating we're likely to see a large move in line with tomorrow's federal election result. Every investor should be paying attention to Monday trading and consider their portfolio today.
Securities mentioned Apple, Amazon, Microsoft, Meta

Powerhouse US results behind impressive rally

Overnight we saw a disappointing US GDP result, following a report of lower manufacturing from China. The market only swung upward at the very end of the trading day due to a low inflation figure, at 2.3%, near the US central bank's target. Overall support for the rally is coming from US companies' strong first-quarter reports. Magnificent seven stocks are part of this with the four that have reported so far performing well. The Australian sharemarket opened down this morning, with focus on Japan and its interest rate decision and commentary later today.

Hard to explain: market regains April losses

It's been 100 days since Trump took power, and the wild sharemarket ride has come full circle, with the staggering losses since April 2 'liberation day' almost regained, now just a few points below where we were in early November on election day. But risk remains high, meaning this market optimism is hard to explain, as China continues to resist US tariff conciliation
Stocks mentioned include General Motors, Ford and Stellantis.

Full steam ahead as equities keep rising from lows

Markets continue to rebound into this week, with the Nasdaq-100 now up 16% from low. Today Fortescue leads a range of ASX resource companies reporting. But it's a bigger week in the US, with Visa and Coca-Cola delivering results tonight and big tech to follow. Keep a watch on uranium play Paladin, surging 21% last week, as we get closer to the Australian federal election.
Stocks mentioned: Fortescue, Mineral Resources, Northern Star Resources, Ramelius Resources, Newmont, XYZ, Visa, Coca-Cola, Microsoft, Meta Platforms, Apple, Amazon.com, McDonald's, Paladin Energy, Deep Yellow, Boss Energy

Stocks, ETFs, Bitcoin rally as investor fear fades

US markets jumped overnight, with the Nasdaq Composite up 2.5%, while the market fear index, VIX, is near a four-week low. This is down to US companies showing strong results part-way through reporting season, and talk of tariff war de-escalation. Bitcoin has rallied strongly in the past two weeks. The local market is also stronger, but some key sectors such as uranium stocks are performing poorly.
Securities mentioned: iShares Bitcoin Trust, SPDR S&P 500 ETF, Vanguard Australian Shares ETF, Telix Pharmaceuticals, Paladin Energy, Lynas Rare Earths, Global X Uranium ETF

Hopes rise for Tesla, despite poor results

US market regained Monday losses, rising 2.5% overnight due to talk of US trade deals, potential rate cuts, as well as strong reports. Tesla jumped 4.6% after posting quarterly results, with expectations rising. Iron ore is up. And moomoo strategist Jessica Amir traces how the Nasdaq has bounced back from its crashes. 
Securities mentioned include Tesla, Fortescue and SPDR S&P 500 ETF.

Investors' tariff fears are erasing April's gains

US market slid on Monday with the Nasdaq-100 down 2.5%. This indicates investors are turning from the US market, despite companies reporting better-than-expected earnings results. One asset they're turning to is gold, with the price reaching a new high of US$3442. Locally, the ASX 200 slipped nearly 1% after open. Investors should watch for greater volatility in Tesla, which will report tonight.
Securities mentioned include Macquarie Group, Newmont Corp, Tesla, VanEck Gold Miners Equity ETF

US Fed Reserve Chairman's first speech since Trump's tariffs

Federal Reserve Chair Jerome Powell delivered his first remarks since the introduction of tariffs by President Trump, sparking a swift and sharp market reaction. His assertion that markets are “functioning just as you would expect” and his firm denial of a so-called “Fed Put” rattled investor confidence.
With the longest bull market now on shaky ground, Powell’s message marked a clear departure from expectations of central bank support during volatility. Stocks tumbled—led by tech and consumer sectors—and the US dollar resumed its decline. Even strong March retail sales were overshadowed by fears of consumer stockpiling amid economic uncertainty.
 

Opportunity for investor action in moment of calm

US markets were largely flat overnight in a calm session of trading. But don't be fooled, this could be the eye of the storm, as the US and China are in a stand off as their trade war continues. Gold remains at a high, so investors continue to seek safe assets. Today we're likely to see a similar calm trading day, maybe edging up or down. China's GDP data out today will be a focus for investors.

Investors buying for the long term may be rewarded

US stocks lifted again overnight and are now up 14% from April 7 lows of only a week ago. Aussie stocks are similarly up and we should expect a slight lift again in the ASX today. With the US central bank labelling inflation from tariffs as 'transitory' there's expectancy for 1% in rate cuts this year. And the VIX shows investor fear has declined significantly. All that means we may see an upswing. Those carefully choosing stocks could be buying at market low, setting themselves up for the long term.
Stocks mentioned include ARB Corp and Microsoft.

Gold likely to be far higher in six months

US shares rallied last week, with indications that could continue this week. Major US banks, including BlackRock, released better-than-expected results Friday, with more reporting this week. Continuing strong earnings would be a big boost for the sharemarket but tariff policy changes look set to increase investor uncertainty. Gold remains the stand out asset for performance, and that's very likely to continue.
Securities mentioned BlackRock SPDR S&P Bank ETF VanEck Gold Miners ETF Apple Wells Fargo JP Morgan Morgan Stanley Goldman Sachs Bank of America Netflix Nvidia VanEck Semiconductor ETF

Selloff resumes as investors lose faith in the US

US markets huge selloff overnight, with the S&P 500 falling 3.5%, and all sectors under pressure. Big tech stocks and the auto sector underwent deep decline. Oil, US bonds and the US dollar also declined. The selloff carried over to Australian stocks today, falling more than 2% at open. Gold remained a 'safe haven' climbing above US$3200 .

Biggest gains since 2008, with tariffs on pause

The US suspended most of its higher tariffs for 90 days, reassuring investors who saw US stocks make their biggest one-day gains in more than 15 years, lead by Nvidia, Tesla and Apple. But commodity stocks are under pressure with China announcing 84% tariffs on US imports, and the US setting 125% tariffs on China imports. 
Stocks mentioned include Nvidia, Tesla, Apple and Ansell.

We can't rule out a 37% drop in US, Australian stocks

The high level of uncertainty in global markets will almost certainly continue to drive stocks down. This could repeat their performance during the pandemic of a 37% fall. US earnings season begins with banks this week. Companies' earnings are likely to be downgraded. They're also likely to limit spending and headcount. All this is bad news for share price performance. The economic outlook is also dimming, which will affect consumption. And the options market indicates investors expect more downside ahead.
Securities mentioned include Exxon Mobil, JP Morgan, Wells Fargo, Morgan Stanley, Goldman Sachs, Netflix, CrowdStrike, Tesla, Nvidia, Apple, Amazon.com, Bank of America, Citigroup

Expect bruising markets for the next few months

Sharemarkets slumped overnight in a session of intense volatility. The Hong Kong market fell 13% led down by EV makers BYD, Xiaomi and Geely, while Alibaba dropped 18%. The US is threatening China with an additional 50% tariff unless it rescinds its retaliatory tariffs. All while the US continues to negotiate with other countries, a process that could take until June. The ASX is up more than 1% today 
Securities mentioned Nvidia, Tesla, Tencent, Alibaba, Xiaomi, Meituan, Apple

Can the trade wars lead to a recession?

The S&P 500 nosedived almost 6% on Friday, to 5,074.08, its biggest drop in the post-Covid era. This is far worse than how the markets fared in Trump’s first trade wars in 2018. We are seeing pandemic-level selling right now.
The fear gauge (VIX) surging to a level of 45.6, which we have not seen since the pandemic, is evidence that we're not at the bottom yet. So now the question is, will stocks fall 30% like they did when Covid hit?
 

Three counters to tariff panic as markets tank

Trillions of dollars has been slashed off markets, investor fear is at its highest in months and more pain is on the way as nation's prepare tariffs in retaliation to the US. We have three considerations for investors in this hostile terrain. Securities mentioned include SPDR Gold ETF and iShares 20+ Year Treasury Bond.

Stocks' worst day since 2020, but it'll get worse

Markets dropped sharply overnight, with the Nasdaq down 6%. Leading the decline was Dell down 19%, Ralph Lauren falling 16%, and Australia's Ansell dropping 14%. Investors are awaiting retaliatory tariff announcements from affected countries, which will lead to further sharemarket impact. One bright spot? US 20-year bonds, up more than 3% in the past week. Securities mentioned Dell Technologies Hewlett Packard Ralph Lauren Nike Ansell iShares 20+ Year Treasury Bond ETF
 

Stocks 'fall like a knife' following US tariff news

Sweeping US tariffs across the globe have pushed the US market down more than 3% after hours. Big tech stocks are plummeting, with Apple falling 7%, Amazon more than 6%. Australian beef exporters Elders, Australian Agricultural may suffer from US beef tariffs, with shares dropping at open. @JessicaDAmir says to expect widespread 'carnage' from higher US tariffs, especially the extra 34% on China announced today.
Stocks mentioned: Nvidia, Apple, Australian Agricultural Co, Elders

Tesla leads rise as market braces for bad news

US stocks are up overnight, following the climb in the ASX yesterday, as the April rally continues. Focus is on the US with tariff announcements expected from the White House tonight, to take effect tomorrow. With US earnings reporting from first quarter 2025 about to begin, we may get a taste of the real impact of some of those tariffs. Locally, we may expect stocks to rise, but uranium miners are dipping, with Labor firming as the election favourite. Stocks mentioned include Paladin Energy and Tesla.

We could see a short-term rally in April

US stocks moved higher overnight with the S&P 500 up 0.55%, in what could be a more positive month ahead. But signs indicate the US and Australian economies are stagflationary, so focus on resilient asset such as gold and quality stocks in this environment.
Securities mentioned: VanEck Gold Miners ETF, Global X Defence Tech ETF, iShares China Large-Cap ETF
 

Investors' three key areas for rewards in 2025

With the Nasdaq has fallen almost 5% since last Tuesday, as investors move out of high risk and technology stocks, there three areas shaping up as priorities for investors in 2025: gold, high-dividend stocks and international markets.
Securities mentioned: Perseus Mining, iShares Core High Dividend ETF

Three signs that indicate stocks may have hit bottom

There's a few simple indications that identify a market or stock has potentially reached its bottom in value, and may be about to recover. 1. Prices stop falling, which triggers buying which pushes prices back up (tell this by looking at 'moving average convergence divergence') 2. Investors lose their fear, which is when markets move to higher levels (tell this by looking at the VIX index) 3. Risky stocks start to rise (despite bad news).
Read the full article on moomoo

GM, Ford lead fall as tariff fears erode confidence

US stocks dipped overnight, led by GM falling 7%, with 25% car tariffs to hit next week. Investors are focused on April 2 for that announcements and further tariffs, markets are in a malaise until then. Investors are now seeking 'safety assets', with silver, gold, copper all rising to highs. Uranium stocks will be in focus as the Australian election campaign is now underway.
Securities mentioned: General Motors, Ford Motor, Toyota Motor, Ferrari, Tesla, BYD, Global X Metals Securities Australia, Global X Copper Miners ETF AUD

Investors brace for the worst as April 2 looms

Stocks fell overnight with further US tariff talk unsettling investors. As the market awaits the April 2 deadline for reciprocal tariffs and 25% car tariffs, there's uncertain plans for copper and computer chip tariffs. The Nasdaq Composite fell 2% with big tech stocks again leading the fall. Two sectors outperforming this year are gold miners, up 33%, and European defence stocks, up 42%.
Securities mentioned: BetaShares NASDAQ 100 ETF, VanEck Gold Miners ETF, Select STOXX Europe Aerospace & Defense ETF, Nvidia, Tesla

Not if, but when, the ASX returns to its all-time high

With the US market rebound continuing, expect the ASX to follow today. The local market is up 2.5% from 2025 low, while the Nasdaq-100 is up 5.4%. Australian uranium and gold stocks are making big gains, while tech stocks Palantir, Applovin, Crowdstrike, Tesla are rocketing up in the US. Focus remains on April 2, when steep new US tariffs could be implemented.
Securities mentioned: Palantir, Boss Energy, Block, Bega Cheese, Strategy, Applovin, Tesla, Deep Yellow, Origin Energy, CSL, Cochlear

Rally to continue as many think the market hit its low

US stocks rallied overnight, with the Nasdaq-100 up 2.2%. Tesla led the market, jumping 12%, lifting the 'magnificent seven' stocks higher. Locally, we expect a boost for the ASX today. We could see this rally extend over the next week. But there's two events to be cautious about, the US tariff imposition deadline on April 2, and tonight's Australian budget where economic growth could be downgraded.
Securities mentioned: Tesla, Nvidia, Gold Road Resources, Gold Fields, Roundhill Magnificent Seven ETF

Tariff fears fade as record inflow sees stocks rally

US stocks broadly rallied at the end of last week, in which US$43.4 billion was spent buying global equities – the most so far this year. With investors' renewed confidence, the gold price dipped. And even Tesla jumped 15% from its low, but still remains outpaced by BYD's gains in 2025. Expect Australian stocks to be under pressure today.
Securities mentioned: Tesla, Ulta Beauty, Airbnb, Meta Platforms, Netflix, Warner Bros Discovery, Norweigan Cruise, SPDR Gold ETF, BYD Company

Copper, gold, silver are all on the rise in 2025

US stocks dipped overnight amid enduring tariff fears and a likely volatile day tomorrow (with US$4.5 trillion of options expiring). So safer assets are stronger with gold and copper hitting new highs. Locally expect gains in precious metals, gold, copper, aluminium and silver stocks on the ASX. Stocks to watch include copper giants Freeport-McMoRan and Sandfire, while Berkshire Hathaway is at an all-time high with record cash reserves (more than US$300 billion).
Securities mentioned: Berkshire Hathaway, GraniteShares Gold Trust, Freeport-McMoRan, Sandfire Resources

Could the worst of the downturn be behind us?

US stocks bounced back overnight, with the Nasdaq 100 rising 1.3% and most stocks in the S&P 500 increasing, led by Boeing up 7%. The boost was partly due to investor happiness over the US central bank signalling two more rate cuts this year. Views seem to be firming that the worst of the downturn is behind us, but we're awaiting key US data on housing, manufacturing and services, to see if that can continue to boost stocks.
Stocks mentioned: CrowdStrike, Boeing, Super Micro Computer, Royal Caribbean, Caesars Entertainment, Nvidia, Tesla

Investors' faith in AI stocks is now wavering

Even though Nvidia announced huge AI computing needs, at its influential GTC conference overnight, big US tech stocks tumbled, dragging the market lower. All 'magnificent seven' tech stocks fell back, even Nvidia fell 3.5%, amid its GTC conference (which usually gives it a boost). Focus is now on the US central bank rate decision, where comment is expected on the performance of the US economy, and how tariffs may be affecting that. Those comments could impact the market and determine the outlook for shares in the immediate term. Locally, the ASX opened flat, futures indicated that selling pressure will spill into the Asia-Pacific region's trading today. But we're seeing a bounce in leading coal stocks, led by New Hope and Whitehaven. Securities mentioned: Nvidia, New Hope, Tesla

Goldminers score huge gains so far this year

US stocks continue to rise, led by defensive sectors such as healthcare, but most 'magnificent seven' tech stocks are now in a bear market, with only Meta, Apple and Microsoft above water. Local shares expected to rise today. It's gold stocks and the materials sectors that lead the ASX so far this year. 
Stocks mentioned: Amazon.com, Alphabet, Nvidia, Tesla, Meta, Apple, Microsoft, West African Resources, Evolution Mining, Genesis Minerals, Regis Resources, Fletcher Building, Ventia Services Group, Monadelphous, Worley, Brambles, Atlas Arteria

Big US tech stocks claw out of bear market

Stocks are expected to rise following Friday's rebound. Focus on computer chip stocks with the GTC conference. Gold continues to hold above US$3000. And market strategist Jessica Amir breaks down what's happening with WiseTech Global. Stocks mentioned: Nvidia, Palantir, Meta Platforms, Alphabet, Microsoft, Apple, Amazon.com, Tesla, Siteminder, Technology One, NextDC, Megaport, WiseTech Global, Alibaba

Down 24%, how much further will Nvidia fall?

The world's second-most valuable company, Nvidia, is in a bear market. It's share price is down 24% from its high. The question is, do you buy this dip? Well, says moomoo market strategist Jessica Amir, that depends on the impact of some significant factors in the short term, and more so on your long-term view of investing. Securities mentioned: Nvidia, Microsoft, Meta Platforms.

Gold at all-time high as markets enter correction

The US and Australian markets are officially in correction, down more than 10% since last month's highs. With investments banks' calls to 'buy the dip' fading, it looks like we've got some way to go with volatile market performance. Commodities are showing some resilience, with gold surpassing US$3000 for the first time ever. Securities mentioned: GraniteShares Gold Trust, Apple, Nvidia, Microsoft

Stocks rally, but gains may be short lived

US stocks charged overnight over inflation data, with the Nasdaq up 3%, and big tech stocks even higher. Investors should be cautious as gains like this are normal in a bear market — where it looks like we're headed, explains moomoo Australia market strategist Jessica Amir. Stocks mentioned: Nvidia, Tesla, Newmont, Palantir, Amazon, Exxon Mobil, XYZ

Expect a further 10% market fall, if 2018 is a guide

US markets dipped overnight, rattled by quickly changing tariff policies. Stocks that have dropped significantly, such as Tesla, rallied up, but could be a 'bear trap', with lower lows yet to come when tariffs hit. Specific steel and aluminium tariffs will impact Australian stocks, such as Sims and Rio Tinto. Consumer stocks such as Netflix, McDonald's show resilience and continue to rise. Stocks mentioned: Applovin, Tesla, Strategy, BlueScope Steel, BHP, Rio Tinto, Fortescue Metals, Sims, Netflix, McDonald's

Tesla leads the steepest market drop since 2022

US shares slumped overnight over fears of recession from US government policies. The market fear index, the VIX, spiked to its highest in eight months. Tesla led the market decline, down 15%, with other 'magnificent seven' stocks following. Investors are turning to safer sectors such as healthcare and property. Australian stocks dipped and rose slightly at market open.

ASX among world's worst sharemarkets in 2025

US stocks rallied last week following central bank confirmation the economy was 'on track'. Moomoo Australia market strategist Jessica Amir explains that investors continue to disfavour tech stocks, with defensive sectors on the rise. This week US inflation and jobs data, as well as further tech companies' results are in focus. Today the ASX is rising, but is down 2.6% so far this year. Securities mentioned: VanEck Semiconductor ETF, Nvidia, Intel, Broadcom, XYZ