the daily moo

Miners rout as gold price plummets

The gold price just had its biggest fall since 2013, falling more than 5% overnight. Without a clear reason for the sell off, speculation abounds whether it will rally back or fall below US$4000 an ounce. Australian miners this morning are routing on the news, with some falling more than 10% after the market open.
Watchlist: Genesis Minerals, Tesla, Beyond Meat
Check out these stocks at www.moomoo.com/quote

Spectacular volatility as Bitcoin may test US$100,000

With global sharemarkets rising substantially yesterday and overnight to highs we're seeing real indication of returning sharemarket confidence, says moomoo's Michael McCarthy. That applies double to rare earths stocks following the US$8.5 billion US-Australia deal. But not Bitcoin, which has plummeted in the past two weeks and could dip below USS$100,000.
Watchlist: Strategy, Netflix, Lynas Rare Earths
Check out these stocks at www.moomoo.com/quote

Opportunity in Chinese technology giants' big fall?

While the US market overcame mounting China trade tension to close up 1.7% last week, Hong Kong didn't. The region's benchmark sharemarket index, the Hang Seng, fell 4% led by the technology giants, such as Xiaomi, which fell 8% for the week. This followed the previous week's fall of 3% in the Hang Seng. Is this big drop in China's technology giants a buying opportunity?
Watchlist: BYD, GE Aerospace, Deep Yellow
Check out these stocks at www.moomoo.com/quote
 

Credit worry spikes market fear to a six-month high

Volatility is spiking as investors fret over US banks reporting credit problems. It has offset strong earnings reports from big financial companies and dragged the whole market down. Could even lead to a correction, says moomoo's Jessica Amir. But gold is steadily rising, with the spot price now surpassing US$4300 – and it remains a key defensive investment.
Watchlist: IperionX, VanEck Rare Earths and Strategic Metals ETF, Bitdeer
Check out these stocks at www.moomoo.com/quote

Rare earth stocks rally hard as megatrend begins

This week's astonishing rally in rare earths stocks could be one of the biggest macro market themes building this quarter. Last week China imposed export licensing rules, essentially restricting trade. As Australia, the US and allied nations scramble a response, rare earths stocks in those markets have soared.
Watchlist: IperionX, VanEck Rare Earths and Strategic Metals ETF, Bitdeer
Check out these stocks at www.moomoo.com/quote

Demand won't stop as silver gains more than gold

US President Donald Trump's trade talk against China turned hostile again, sinking US technology shares, such as Nvidia, which dragged down the market. The opposite is true for miners and precious metals, with gold and now silver at all-time highs. Silver has gained more than 70% this year, reaching a 45-year record high, surpassing gold.
Watchlist: Global X Silver Miners ETF, ASML Holding, LVMH Moët Hennessy
Check out these stocks at www.moomoo.com/quote

Investors eye big results from big US banks tonight

Markets are rising after the US president softened his tone against China. But the US government remains shutdown, so big finance stocks reporting tonight are extra important, not only for their extraordinarily strong growth expectations, but insight into the nation's economy. And gold has exceeded US$4100, with Aussie miners making strong gains.
Watchlist: Blackrock, Broadcom, ANZ Bank
Check out these stocks at www.moomoo.com/quote
 

Expect torrid trading as trade war smashes stocks

The Australian market is down this morning after a fairly safe week of trading in the sharemarket was shattered on Friday with the US and China resuming their high-stakes trade war. Proposed retaliatory tariffs from the US sent investors scrambling out of high risk assets, and stocks plummeted. Expect the week to be dominated by the fallout from their rare earths standoff.
Watchlist: Nvidia, South32, MP Materials
Check out these stocks at www.moomoo.com/quote

AI sector cannot keep up with data centre demand

As Nvidia jumps 1.8% to return to highs, despite a US market dip overnight, moomoo's Michael McCarthy says appetite for AI stocks just keeps surging. But Microsoft is now warning there are not enough data centres to keep up with AI demand into next year, and supply won't step up for some time, explains Jessica Amir.
Watchlist: VanEck Gold Miners Equity ETF, Guzman y Gomez, James Hardie
Check out these stocks at www.moomoo.com/quote

US dollar surges as investors reroute into the USA

The US dollar is surging, taking back ground since tariffs sent it reeling. It's investors' global vote of confidence in the US economy, matching a jump in the Nasdaq overnight, which saw Nvidia near highs. Gold has passed the US$4000 milestone, with its own all-time high, amid talk of US$5000 the next target to hit. And silver is a hair's breadth from its 2011 high.
Watchlist: VanEck Gold Miners Equity ETF, Guzman y Gomez, James Hardie
Check out these stocks at www.moomoo.com/quote

Oracle is a warning sign for 'AI-generated froth'

Oracle led the US market down overnight, the stock dipped 2.5%, after reports its cloud business wasn't as profitable or healthy as thought. That resounded across US technology stocks and the AI sector particularly. Fresh, strong doubts about the real profitability and long-term sustainability of high valuations surfaced, with sentiment split.
Watchlist: Dell Technologies, Tesla, Greatland Resources
Check out these stocks at www.moomoo.com/quote

Bitcoin, gold, Nasdaq, Nikkei all rally to all-time highs

The market is riding momentum from strong performances in gold and technology. Overnight, the Nasdaq-100 gained 0.78%, led by chipmaker AMD and news of its big deal with OpenAI. That was part of a broad-based surge, with gold, Japanese stocks, and Bitcoin all pushing to fresh highs. This week we will see PepsiCo report, as third-quarter reporting season in the US gets underway.
Watchlist: Advanced Micro Devices, Westgold Resources, PepsiCo
Check out these stocks at www.moomoo.com/quote

US markets steady in mean reversion as shutdown stalls data

The US government shutdown loomed over markets, but traders took it in stride, with stocks turning green in the final hour of trade. The US dollar strengthened, gold slipped, and copper surged to a 12-month high on stronger demand.
Today's watchlist: Nvidia, BHP, Tesla 
Check out these stocks at https://www.moomoo.com/quote

Cryptocurrencies look set to test their all-time highs

US drugmakers lifted the S&P 500 to a new high overnight, with news of a deal between Pfizer and the government, that benefited the whole sector. That compared to gains in cryptocurrency stocks and ETFs as Bitcoin, Ethereum and others continue their rapid climb since Friday. Moomoo's Michael McCarthy says their on the way back toward all-time highs.
Watchlist: Capricorn Metals, Block, Nike
Check out these stocks at www.moomoo.com/quote

With gold up 45%, are miners or funds the way to invest?

US, Hong Kong markets continue to rise, but it is gold that's stunning investors. Rapid gains since late August have lifted the metal 16%, taking its rise so far in 2025 to 45%. And analysts say 'it's set up for a fourth-quarter run'. So should investors consider gold miners or metal based exchange-traded funds?
Watchlist: Capricorn Metals, Block, Nike
Check out these stocks at www.moomoo.com/quote

'Khaki fever' boosts Australian drone stocks

US markets edged up overnight with the Nasdaq rising 0.5%, as the likes of Nvidia boosted the index. But it was Australian defence stocks that blew up, jumping 11%, to rise 242% in 2025. Europe and world focus on drones is behind it, and that puts a few Aussie stocks in a great position. That includes Orbital, on our watchlist today.
Watchlist: Orbital, Carnival, ProShares UltraShort Bloomberg Crude Oil ETF
Check out these stocks at www.moomoo.com/quote

Bonds v shares: US markets split on rate expectations

Australian shares are climbing this morning after local and US markets closed flat last week. Following the release of US inflation data on Friday we're seeing a split in bond and share markets over rate cut expectations. Shares rallied as investors see no impediment to further rate cuts, while bond yields rose, suggesting those investors see fewer US rate cuts ahead.
Watchlist: Starbucks, IperionX, Premier Investments
Check out these stocks at www.moomoo.com/quote

Greater chance of substantial correction in US trading

US economic strength was obvious last night with GDP coming in at 3.8% on an annual basis. It's a sign we're less likely to see as many rate cuts in the US as thought, or even none, says moomoo's Michael McCarthy, which could lead to a serious correction in US trading. The response overnight was a 0.5% dip in the US market, with Oracle leading the decline.
Watchlist: Freeport-McMoRan, Capstone Copper and Chalice Mining
Check out these stocks at www.moomoo.com/quote

Rate cut expectations 'wound right back' over CPI data

The US market dipped 0.3% overnight, while Australian shares were down 0.9%, and falling further this morning. Fading rate cuts are behind both stories. With yesterday's Australian CPI at 3%, rate cut expectations this year are now down to 50%. Financial stocks are among the hardest hit. But Hong Kong technology stocks are rallying, hard.
Watchlist: Westpac, Washington H Soul Pattinson and Co, Alibaba
Check out these stocks at www.moomoo.com/quote

Opportunity in Australian retail stocks' volatility

A dip in US markets overnight reveals just how extreme investors' sensitivity to even a hint of bad news is. That negativity was in full display yesterday with Myer falling 25%. But that does not reflect the broad, divergent sector that is Australian retail, where stocks' performance overall are surprisingly strong, while volatile.
Watchlist: Myer, Micron Technology, DroneShield
Check out these stocks at www.moomoo.com/quote

Huge gains in silver stocks better than gold

The US market reached new highs, with Nvidia boosted after planning a huge investment in OpenAI. Gold is also at all-time highs, but it's silver stocks that jumped 15% yesterday, with some recording 200% gains this year. With tight supply and strong demand, analysts say there's more gains ahead for this overlooked precious metal. There's also predictions that big gains in Apple are not over, with more AI potential in the stock.
Watchlist: Global X Silver Miners ETF, Sun Silver, Apple
Check out these stocks at www.moomoo.com/quote

Data centre boom: S&P 500 rallies up US$15t since April

The AI frenzy is at the heart of the astounding US$15 trillion gain we've seen in the S&P 500 index since April. And it really doesn't look like it's over. The data centre market may triple by 2030, but it will need US$7 trillion in investing dollars to get there. Some say, with the ahistoric gains we've seen, it's starting to look like a bubble.
Watchlist: Equinix, Electro Optic Systems, Baidu
Check out these stocks at www.moomoo.com/quote

A second chance for Intel? Nvidia throws a lifeline

With global markets at all-time highs, from Japan, to the US, to gold, investors are buying 'everything they can' says moomoo Australia and New Zealand market strategist Michael McCarthy. That includes beleaguered Intel, on news Nvidia will buy 5% of the company, as they work together on AI chips. That collaboration could be bad news for prime competitor AMD.
Watchlist: AMD, Bullish, Silex Systems
Check out these stocks at www.moomoo.com/quote

Semiconductor stocks spearhead China's AI surge

After a buyout bid fell through Santos sinks, leading the ASX down this morning. This follows a flat performance in US markets after an expected rate cut, with bets firming for two more. But Hong Kong tech stocks surged magnificently yesterday, along with the broader market, as investors seek growth outside US. They're buying into China's AI story, with Bidu, SMIC and other AI stocks leading the serious rally.
Watchlist: SMIC, Wolfspeed, Santos
Check out these stocks at www.moomoo.com/quote

Uranium stocks at 10-year high 'catch attention'

Global markets are trading lightly and barely moving as investors wait on a US rate decision tomorrow. Anything less than a 0.25% cut and suggestions of more to come could derail the strong market momentum we've seen. Oil and uranium stocks spiked yesterday over geopolitical issues and intensifying energy demand, but we're seeing a pullback in some stocks this morning.
Watchlist: Deep Yellow, Global X Uranium ETF, Valero Energy
Check out these stocks at www.moomoo.com/quote

Risk, opportunity in goldminers' huge gains in 2025

US markets again hit records as investors focus on a presumed rate cut this week, and expect more. Moomoo's Michael McCarthy says pure momentum is driving the market higher. But that might not include Australian goldminers, which are rising off the escalating gold price, and have made astounding gains this year.
Watchlist: Evolution Mining, Vulcan Energy, New Hope
Check out these stocks at www.moomoo.com/quote

US rally to derail if high rate cut hopes aren't met

Goldminers are leading the Australian market down about 0.35% so far today, just as they led gains last week. But investors' main focus is on the US central bank meeting this week with expectations for rate cuts – one on Thursday morning and more to follow. Any hint otherwise could alarm the market. We also follow Oracle's huge gain last week to check in on the cloud sector and its big expectations.
Watchlist: Alphabet, Warner Bros Discovery, ANZ Bank
Check out all these stocks on moomoo's quote page

Momentum 'very strong' at historic time in markets

We're 'in extraordinary, historic times', says moomoo's Michael McCarthy, where tepid inflation data can fuel wild upward market swings. One exception to this may be US car stocks, which are gaining on strong sales figures, and one of few sectors not overvalued. But manufacturers face fierce Chinese competitors.
Watchlist: Tesla, Paramount, CSL
Check out all these stocks on moomoo's quote page

Oracle's 36% spike proves AI buzz is bottom-line real

'Fragile' lithium stocks face more volatility after huge falls yesterday on news a mine in China will reopen. Investors must wait for real demand to see devastated lithium stocks recover. US, HK markets are at highs based on feverish rate-cut hopes. And Oracle, one of last megacaps to report, has astounded with strong results and projections from its cloud division.
Watchlist: Karoon Energy, Pop Mart, Life360
Check out all these stocks on moomoo's quote page

US jobs erased, markets rally on expected rate cuts

The largest US payroll revision since 2002 erased 911,000 jobs, lifting markets on expectations of rate cuts. The focus now is whether the Fed moves by 25 or 50bps. In Asia, Japan’s Nikkei surged past 44,000 on easing auto tariffs and PM Ishiba’s exit, while Hong Kong’s Hang Seng gained on tech strength.
 
Watchlist: Alibaba, Tencent, Xiaomi 
 
Check out all these stocks on moomoo's quote page

Oversupply is hiding oil stocks' real strength

The oil price, dropping in recent weeks, has seen stocks such as Woodside sharply fall in the past month. Oil-producing countries pumping out the commodity are sinking stocks, but that doesn't mean their value is disappearing. We are certainly seeing gold's value rising, with the metal reaching a new all-time high overnight. Just as the Nasdaq Composite index did in the US.
Watchlist: Karoon Energy, Pop Mart, Life360
Check out all these stocks on moomoo's quote page
 

Investor concern could lead to US market correction

The Australian sharemarket may be set for gains this week following a 1.1% dip last week, though goldminers' strong performance may not be repeated. US job results on Friday were very poor, increasing likelihood of rate cuts, but for the first time we may be seeing investors rethink the sustainability of current market levels in a weakening economy.
Watchlist: Opendoor, Nvidia, WiseTech Global
Check out all these stocks on moomoo's quote page

Investors lose confidence in crypto stocks

Cryptocurrency-based stocks slid overnight, defying a broader upswing in the US market, especially on the Nasdaq. Smaller stocks such as American Bitcoin and Bullish were hammered, joining the sector's decline in past weeks, explains moomoo Australia and New Zealand market strategist Michasel McCarthy. We also cover Broadcom's strong result and a steady decline in BYD, despite strong sales.
Watchlist: Broadcom, SharpLink, BYD
Check out all these stocks on moomoo's quote page: moomoo.com/quote

Australian bank, retailers to benefit from GDP growth

Banks and supermarkets are just two sectors of the Australian sharemarket expected to gain long term from strengthening economic growth, revealed in GDP figures released yesterday, explains moomoo's Michael McCarthy. And in US tech stocks, Alphabet soared, pushing the Nasdaq up 1% overnight, , while Figma and Salesforce suffer after releasing results.
Watchlist: Alphabet, Salesforce, Figma
Check out all these stocks on moomoo's quote page: moomoo.com/quote

Tech stocks slide, gold climbs on stagflation fears

With bond yields surging, US equities slipped overnight while investors rotated into gold. Tech stocks were among the hardest hit, with Nvidia, Amazon and Tesla all down. Meanwhile, gold miners extended gains as the precious metal’s uptrend continued on the back of US inflation concerns.
 
Today's watchlist includes Perseus Mining, Resolute Mining, Ramelius Resources, Newmont, Northern Star and Evolution. 
 
Check out all these stocks on moomoo's quote page: moomoo.com/quote 
 

Hong Kong stocks surge as gold nears record high

With metals prices rallying we could see a resources-driven rally in stocks today. Gold, silver, palladium and platinum all surged overnight, with local goldminers making stellar gains yesterday. Gold looks like it's about to hit a new record. But it was one of Hong Kong's most valuable stocks, Alibaba, with its best one-day rise in years, that took focus.
Watchlist: Alibaba, Capricorn Metals, Harvey Norman
Other stocks mentioned include Newmont, Northern Star and Evolution Mining.
Check out all these stocks on moomoo's quote page: moomoo.com/quote

Australian earnings report: 'positive but huge stock swings'

The Australian 2024-25 reporting season is over and while results were clearly positive, it was really about powerful individual results sending stocks skyrocketing (Qantas, Lovisa) or plummeting (Reece, Woolworths), says moomoo market strategist Michael McCarthy.
Watchlist: Tabcorp, Austal, James Hardie
Other stocks mentioned include Helia Group.
Check out all these stocks on moomoo's quote page: moomoo.com/quote

Earnings results justify the big gains in US shares

Markets made gains yesterday on the back of strong earnings results and encouraging GDP growth in the US. As earnings season there comes to an end we've seen stronger than expected performance which supports the market's high valuations and points to future gains. Locally airlines are pulling back this morning after Virgin delivered results.
Watchlist: Virgin Australia, Alibaba, Snowflake
Other stocks mentioned include Coles, Woolworths, Qantas Airways, South32, Ramsay Health Care, Nvidia
Check out all these stocks on moomoo's quote page: moomoo.com/quote

Nvidia's strong profit does not please investors

Wall Street edged higher overnight, closing at new record levels, driven by a series of strong earnings results that sent several stocks sharply higher. That included MongoDB, Kohl's and Royal Bank of Canada. But not Nvidia, which reported after hours with a strong result that slightly disappointed investors. The Australian market edged up yesterday, and is flat this morning, with Qantas soaring after releasing pleasing results.
Watchlist: Qantas Airways, Mineral Resources, Albermarle
Other stocks mentioned: MongoDB, Kohl's, Royal Bank of Canada, Snowflake, Tabcorp, Sigma Healthcare, Nine Entertainment, Coles, Woolworths, WiseTech, Domino's Pizza, Nvidia
Check out all these stocks on moomoo's quote page: moomoo.com/quote

Earnings results slam Woolworths as Coles surges up

The US market is slightly up led by Eli Lilly and airline stocks. But the move is tentative and investors await key earnings and inflation data later this week. Australian companies are reporting results, sending stocks spiking up or down, with our two major supermarket chains great examples of the effect of earnings on share prices. Hong Kong is down over savage new tariffs threats from the US.
On our watchlist today: DroneShield, Woolworths, Nvidia
 

Hong Kong market near four-year high is still undervalued

US markets pulled back overnight with investors doubting inflation figures out on Friday. Local stocks continue to swing depending on results, such as Reece's fall yesterday. The Hang Seng jumped 2% yesterday building on recent gains. As it returns to a four-year high, valuations look low.
Stocks we're watching are Alibaba, G8 Education and Fortescue.

In a week of big earnings, it is all about inflation

Some of the biggest stocks on the market will report results this week, so expect big swings in values as Nvidia, Wesfarmers and others deliver, explains moomoo's Michael McCarthy. But it's Friday's US inflation data that could most influence the sharemarket's current rally, with investors depending on a rate cut.
Stocks mentioned include Nvidia, Crowdstrike, Dell, Snowflake, Wesfarmers, Fortescue, Woolworths, Coles, Alibaba, PDD, Meituan, Citic, Li Auto, James Hardie, DroneShield, CSL

Don't be so sure US Fed will signal a rate cut tonight

The US market is down as retailers such as Walmart disappoint. Aussie shares are up to a record high partly due to positive earnings season says moomoo's Michael McCarthy. All focus is on Wyoming in the USA to know if the US Federal Reserve is likely to cut rates. Nvidia is one stock in focus as analysts raise expectations.
Stock alerts: Nvidia, Walmart, James Hardie, CommBank, NAB, ANZ, Westpac, Vanguard Australian Shares ETF, VanEck Australian Banks ETF

Expect volatility as central bankers gather in the US

The big US technology stocks remained under pressure overnight, sending the Nasdaq down. Investors' nerves are fraying ahead of central bankers' US meeting, where big news could be made, if history is our guide. James Hardie crashed out on the ASX yesterday, but banks held the market up. Today is another big one for reports.
Stocks include Apple, Amazon, Tesla, Nvidia, Target, Walmart, NAB, HMC Capital, Centura Capital, Yancoal, James Hardie, Brambles, Goodman, Northern Star, Whitehaven, Domain, Megaport, Auckland International, Skycity

Nasdaq falls as most popular US stocks are hit hard

A sell off of big tech megacaps swept US markets. We saw a lack of buyers compared to sellers, and so valuations dropped. Palantir was hit hard, falling more than 9% with questions over its valuation. Locally, CSL keeps falling this morning following an index-crushing drop yesterday. Others reporting today, such as Stockland, may lift the ASX 200.
Stocks mentioned include Palantir, Oracle, Advanced Micro Devices, Super Micro Computer, Coinbase, Intel, Home Depot, Lowe's, Target, CSL, Reliance Worldwide, Lendlease, Woodside, BHP, Seek, Pop Mart, Transurban, Iluka, Dexus, Cleanaway
 

Cryptocurrencies in big retreat from their record highs

US equity markets barely budged overnight, with the major indexes closing flat. Investors are treading water ahead of a global economic summit in the US later this week, while assessing corporate earnings releases. This caution has pushed Bitcoin and Ethereum way down from last week's highs. This morning we've heard from BHP and CSL. We'll also hear from Woodside, Pop Mart, Xiaomi and Home Depot.
Stocks mentioned include Berkshire Hathaway, UnitedHealth, Intel, Meta, Home Depot, Xiaomi, Pop Mart, CSL, Woodside Energy, BHP

Results and profit takers to challenge ASX 200 at its high

Despite a dip on Friday, all markets ended the week up well up, with the ASX 200 hitting a new record. This week, with a huge number of company reports, and important global speeches, we could see some pullback in the local market. BHP, Santos and Northern Star are among key Australian stocks due to report this week.

Intel leaps as US government looks to buy a stake

Higher than expected wholesale inflation dampened rate cut excitement to see the US market close flat overnight. But positive news reports sent Intel, Amazon and Eli Lilly upward. Hong Kong was down yesterday with some big names not quite delivering expected results. While the ASX is up this morning, building on yesterday's gains from strong company reports, including Westpac.
Stocks mentioned include Amcor, Deere, Amazon, Eli Lilly, Intel, Bullish, Lenovo, NetEase, JD.com, Geely Auto, China Telecom, Temple & Webster, Pro Medicus, Origin Energy, Westpac, Cochlear, Mirvac, BHP

ASX set to recover from CBA's big hit

Real-economy stocks are on the rise in the US, as investors veer away from the tech megacaps. The Dow Jones and Russell 2000 made solid gains overnight. We saw a stellar performance in the Hang Seng yesterday, the best in months, as its megacap stocks report. And ASX is rebounding this morning as Origin leads fresh company reports taking away CBA's sting yesterday.
Stocks mentioned include Tencent, Alibaba, NetEase, China Telecom, JD.com, Geely Auto, CommBank, Suncorp, Westpac, Origin Energy, Telstra, Cisco

Markets soar as US inflation fuels rate cut hopes

US stocks kicked into high gear overnight, with major indices surging to record highs. Steady inflation data fuelled expectation of a rate cut next month. Semiconductor, airline and aluminium stocks were all significantly up. Locally, while the ASX 200 closed up yesterday after a rate cut, it's down this morning, with investors sellling Commonwealth Bank stock, and other results disappointing.
Stocks mentioned include Meta, Broadcom, Intel, United Airlines, Delta Air Lines, American Airlines, Alcoa, Tencent, Geely Auto, Lenovo, Commonwealth Bank, Insurance Australia Group, Evolution Mining