Podcasts about lake resources

Avino Gold & Silver, Beowulf Mining, Amaroq Minerals, Lake Resources

Hurricane Milton is ripping the US east coast apart, but could it have an impact on ASX listed companies in the insurance building space. MARKET WRAP: ASX200: up 0.44%, 8,223 GOLD: $2,633 US/oz BITCOIN: $93,887 AUD BHP rose 1.4% to $43.90 and lithium producer Pilbara Minerals closed up 2.4% to $2.92. Some of the smaller miners such as Lake Resources jumped 11% and Liontown resources closed up 5% to 83 cents. Rio Tinto also had a good day closing up 1.3% to $119.87, but was helped by its deal to acquire Arcadium Lithium.  Shares in Arcadium rose by 38% to $8.20.. On the other side of the coin was Cochlear which has dropped around 17% in recent months from its all time high and today fell 1.55% to $290.43. CURRENCY UPDATE: AUD/USD: 67.28 US cents AUD/GBP: 52.3 pence AUD/EUR: 62 Euro cents AUD/JPY: 100 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.

25 Jul 2024 - Stuart Crow - Non Executive Chairman - Lake Resources N.L. (ASX:LKE, OTC: LLKKF) is a responsible lithium developer utilising state of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina. Lake also has three additional early-stage projects in this region.

Copper Lake Resources CEO Terry MacDonald joined Steve Darling from Proactive to share insights into the company's upcoming summer exploration program at their Marshall Lake copper-zinc-silver property in Northwestern Ontario. This property boasts several zones with significant historical copper-zinc-silver intercepts identified through diamond drilling. Key areas of interest include the Teck Hill-Gazooma and Gazooma North-RM-Lease target areas. MacDonald explained that the zones targeted for exploration this summer are accessible year-round, providing the company with the opportunity to leverage the latest geophysical techniques in these areas. This accessibility allows for continuous exploration activities, enhancing the potential for significant discoveries. The company's exploration strategy is built on the premise that Marshall Lake could evolve into a Noranda-style Volcanogenic Massive Sulphide (VMS) camp with multiple deposits. A key component of this plan involves the continued exploration of the Conductive Centre at the Billiton zone, contingent on favorable weather conditions. To further their exploration efforts, MacDonald highlighted the use of Large-Loop Electromagnetic geophysical surveys as a cost-effective method to explore deeper geological formations. These surveys are designed to provide a more comprehensive understanding of the area's geology and to identify deep-seated conductors. Such conductors are potential drill targets that could reveal extensions of the high-grade historical drilling intercepts, thereby expanding the mineralized zones. The geophysical surveys are scheduled for this summer, with subsequent drilling of selected targets based on the survey results. Additionally, Copper Lake Resources has announced plans to complete a non-brokered private placement financing, aiming to raise up to $2.5 million in gross proceeds. This financing is intended to support the company's exploration activities and further its development goals. The funds raised will be crucial in facilitating the advanced geophysical surveys and the drilling of promising targets, driving the company's exploration program forward. #proactiveinvestors #copperlakeresources #tsxv #cpl #otc #wtczf #Mining #GoldExploration #DrillingProgramme #StealthDeposit #OxideGold #ResourceEstimate #MiningNews #CEOInterview #DesertDrilling #NorthernExtension #Mineralisation #ResourceExpansion #43_101Resource #GoldMining #ExplorationUpdate #MiningIndustry #FieldWork #Geology #GoldProspecting#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Copper Lake Resources CEO Terry MacDonald joined Steve Darling from Proactive to share the results generated from the recently completed winter diamond drilling program on its Marshall Lake copper-zinc-silver VMS property in Northwestern Ontario. The company focused its drilling efforts on two new target areas, including a prominent magnetotelluric conductor situated proximal to and below high-grade copper-zinc-silver mineralization known as the Conductive Centre. The second new drill target comprised an EM conductor located 2 km to the east of the Billiton deposit. MacDonald told Proactive that drilling to date has defined a conductive centre of potentially economic size, associated with multiple high-grade copper-zinc-silver intersections at reasonable depths. Establishing continuity within this target area requires further drilling to confirm the extent and grade of the mineralization. Although the company did not encounter massive sulphides in hole MAR-24-02, the strong to very strong alteration observed is indicative of proximity to massive sulphide deposits. These drilling results have provided the company with valuable information to zero in on what it believes to be an ore-grade VMS deposit. MacDonald also highlighted that the drilling continues to indicate a robust hydrothermal system capable of producing a significant VMS deposit. Follow-up drilling to define the continuity of previously encountered high-grade mineralization in the conductive centre is clearly warranted. The company's exploration efforts are aimed at confirming the size and grade of the mineralization, which could potentially lead to the development of a significant mining operation. Copper Lake Resources remains committed to advancing the Marshall Lake project and is encouraged by the positive results from the winter drilling program. The identification of new target areas and the confirmation of high-grade mineralization at reasonable depths are key steps in the company's exploration strategy. The next phase of drilling will focus on further delineating the conductive centre and testing additional targets identified through geophysical surveys. #proactiveinvestors #copperlakeresources #tsxv #cpl #otc #wtczf #MarshallLakeProject, #WinterDrilling, #DiamondDrilling, #HighGradeIntercepts, #VMSSystem, #Geophysics, #Exploration, #Mineralization, #Geology, #MiningNews, #ResourceUpdate, #InvestingInMining, #MiningExploration, #CanadaMining, #DrillResults, #MiningInvestors, #MineralExploration, #DrillProgram, #CopperExploration #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Lake Resources NL (ASX:LKE) CEO and managing director David Dickson sits down with Proactive's Jonathan Jackson to discuss the progress of the Kachi Lithium Project in Argentina's renowned lithium triangle. The project aims to leverage innovative ion exchange extraction technology to produce high-grade lithium carbonate, essential for the burgeoning battery market. Lake Resources is raising $20 million in funding to advance the project towards production, with the support of a definitive feasibility study completed in December 2023. The project has garnered backing from the United Kingdom's Export Credit Agency (UKEF) and Canada's Export Development Canada (EDC), signalling strong international confidence in its potential. This support underscores Kachi's robust investment case, positioning it as a significant player in addressing the projected global lithium deficit. Kachi has a resource of 10.6 million tonnes of lithium carbonate equivalent (LCE) and Lake plans to produce 25,000 tonnes per annum in Phase 1 of its strategy. #proactiveinvestors #LakeResources #ASX #Lithium #CriticalMinerals #KachiLithiumProject #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

The spotlight shone brightly on the US economy as investors eagerly awaited the release of key economic data this week. The data would shed light on the nation's battle with inflation, a crucial factor influencing both the health of the world's largest economy and the potential actions of the Federal Reserve regarding interest rates in the coming months.In this week's wrap, Grady covers:  (0:09): why investors were fixated on the US this week(0:53): conflicting signals between US retail sales and PPI data(2:18): investor optimism despite slight rise in US inflation(2:34): the mining giant sell-off locally as iron ore slumped(3:08): a glimpse of recovery amidst challenges for Myer(5:06): the most traded stocks & ETFs by Bell Direct clients(5:35): economic data to watch next week. 

Plenty of news to get the week going, with the gold price flying we rip right into the big movers and speculate on why Spartan (SPR) is doing the publicity rounds.We then touch on Capricorn Metals (CMM) downpour and hit to production before having a chat about Delta Lithium's (DLI) farm-in's as well as Fortescue's (FMG) farm-in with Magmatic (MAG).We then had a fascinating chat about what's going on with copper treatment charges, which hit 14 year lows, as well as Lake Resources (LKE) who are rattling the tin, before rounding off with Calidus's (CAI) half year books. All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional. Thank you to our Podcast Partners: VRIFY – Communicate in 3Dgrant@vrify.com GetWet Solutions – Innovative Bladder Tanks Storage for mobile Water storage on your Mine SiteMatt.hall@getwetsolutions.com.au DSI Underground – Ground Support gurushttps://www.dsiunderground.com/contact SMEC Power & Technology – Electrical expertssales@smelectrical.com.au Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much moreseamus@anytimees.com KCA Site Services – Underground mining machineadmin@kcasiteservices.com.au Brooks Airways – Perth's leading charter flight operatorsops@brooksairways.com K-Drill – Safe, reliable, and productive surface RC drilling ryan@k-drill.com.au Buy your Money of Mine MERCH here Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Money of Mine on YouTube Money of Mine on Twitter Money of Mine on LinkedIn Money of Mine on Instagram(0:00:00)Introduction(0:01:38)Gold's flying - what M&A is next?(0:21:33)Will rain hit Capricorn's bottom line?(0:23:02)Delta Lithium sign multiple farm-in's(0:27:17)Fortescue sign copper farm in(0:28:34)Copper treatment charges hit 14 year low(0:34:55)Lake Resources rattling the tin(0:38:08)Calidus books highlight fragility 

INDEX: 0:00 - Introduction 6:04 - Profitability Still Achievable in Volatile Lithium Market Despite Structural Changes 8:08 - Methodology Behind Long-Term Lithium Pricing Models and Project Viability 13:23 - Significant Price Increase Needed to Incentivize Lithium Project Development 15:34 - Viability of Low-Grade Lepidolite as Alternative Lithium Supply 19:56 - Concerns Over Potential Overcorrection in Lithium Pricing Amidst Recent Production Cuts and Rationing  20:57 - Risks of Market Pivot Towards Lithium and Impact on Supply Chains 25:19 - [Alcoa, Albemarle, Arcadium] Parallels Between Lithium Industry's Evolution and Quality Bias in Matured Steel Industry 30:03 - [Alcoa, Rio Tinto] Profitability and Future Trajectory of Lithium Industry Amid Uncertainties 32:34 - [Sichuan Yahua, Pilbara, Chengxin] Lithium is becoming more commoditized 35:33 - [Atlantic Lithium, Liontown, Leo Lithium, Core Lithium, Ioneer] - Atlantic's Position Despite Quality Assets Amid Bid Activity Discrepancies 42:54 - [Sayona, Lake Resources, AVZ Minerals] Influence of Retail vs. Institutional Ownership on Stock Valuation 51:08 - Mali's Political Instability and its Impact on Leo Lithium's Future 55:09 - [Gangfeng] Industry Dynamics Shift as China Expands Operations in Africa Amid Political Uncertainty in Mali 59:06 - [Liontown] Funding Gap Looms Large as Liontown's Breakeven Price Exceeds Current Market Rates 1:02:01 - [Core Lithium] Core Lithium Shutdown: What Price Reopens the Door? 1:04:26 - [Liontown] - How confident are you in Liontown's study compared to Core Lithium's 1:06:23 - [Ioneer] - Why is Ioneer your long-term prospect? #lithium #electricvehicles  _________________________________________________ Thank you to our Patrons for supporting the channel.  If you like this video, please click the 'like' button and please also comment so we can improve our content going forward. Register your email at https://www.rkequity.com and follow Rodney and me on Twitter (@lithiumionbull @RodneyHooper13) and on LinkedIn. Please also subscribe here on YouTube to Rock Stock Channel to ensure full access to all our free content. And finally, if you find value in our content, please consider joining us on Patreon at https://www.patreon.com/rockstockchannel _________________________________________________ DISCLAIMER NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH Rodney and Howard are not financial advisors nor broker-dealers, this video is for information purposes only and should not be considered investment or financial advice. Please do your own independent research and read the disclaimer at the end of the video or on RK Equity's website https://www.rkequity.com Intro and outro audio credit: Jamie Klein

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US equities closed near the flat line, with the Dow Jones just 0.04% higher, while the S&P 500 was 0.09% lower and the Nasdaq down 0.16% lower.European major benchmarks closed higher, as regional markets regained momentum. The STOXX 600 closed 0.43% higher, with auto stocks up the most. Germany's DAX maintained gains following German inflation figures being released during afternoon trading, slowing to 2.3% in November. The DAX is now at its highest level since the beginning of August. France's CAC also closed in the green, while the FTSE 100 closed lower.What to watch today:The Australian market is set to open slightly higher, with the SPI futures suggesting a 0.1% rise at the open this morning.In commodities,Crude oil has jumped 1.65%, nearing US$78 per barrel, ahead of the OPEC+ meeting today, where the group will set its production policy for 2024. OPEC+ are considering new oil production cuts of as much as 1 million barrels a day.Meanwhile, the price of gold has rallied, hitting its highest levels in nearly seven months, off the back of a sharp decline in the US dollar. So, keep watch of ASX- listed gold miners.And iron ore is lower, trading at US$133.50 per tonne.In economic data, private sector credit data and building permit data will be out today. We'll also be awaiting eurozone inflation for October out tonight.And there's a list of companies holding their AGMs today. These include Imugene (ASX:IMU), Lake Resources (ASX:LKE), Liontown Resources (ASX:LTR) and Sayona Mining (ASX:SYA).And stocks going ex-dividend today include Aristocrat Leisure (ASX:ALL) and Technology One (ASX:TNE).Trading Ideas:Bell Potter maintains a Buy rating on EROAD (ASX:ERD) and have increased their price target by 6% to $0.95. At the stock's current share price of $0.76, this implies 25% share price growth in a year.And Trading Central have identified a bullish signal on Magellan Financial Group (ASX:MFG), indicating that the stock price may rise from the close of $7.43 to the range of $8.40 to $8.60 over 38 days, according to the standard principles of technical analysis.

In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market: Lake Resources, Nouveau Monde Graphite and Voyager Metals are in talks with ECAs for financing packages that will reach close over the coming months Cocobod is in the final stages of securing an $800 million syndicated loan  US Exim has approved a $169 million direct loan for BETA Technologies Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

Only 40 stocks in the ASX 200 are in the green this month. The rest are either neutral or in the red. Some, like Star Entertainment, are hitting all-time lows in September. Others, like Lake Resources and Brainchip, are registering new 52-week lows. Markets are blaming rising bond yields. So where do things stand? Will interest rates remain ‘higher for longer' and further depress stock valuations? Or will the economy buckle under the high-interest rate regime, forcing central banks to cut rates? And will that really be a boon for markets (hint, no, it won't). Are we entering a new bear market? And is there still room for a skilled stock picker to snag bargains? Greg Canavan and I covered all this and more in the latest episode of What's Not Priced In. We also discussed a more pressing issue: Broncos or Panthers; Pies or Lions?To learn about Greg's premium service Fat Tail Investment Advisory go here.For more free research, check out Money Morning Australia.Check out our YouTube Channel https://www.youtube.com/@FatTailInvestmentResearch All content is © Fat Tail Investment Research Pty Ltd All Rights Reserved.We provide general financial product advice only. The advice published by Fat Tail Investment Research has been prepared without taking into account your objectives, financial situations or needs. Before acting on our recommendations, you should consider their appropriateness to your specific investment objectives, financial situation and needs. If you are uncertain as to what your objectives and needs are, you should contact a financial adviser or stockbroker who is licensed to provide you with personal financial product advice.Financial Services GuidePlease keep this guide for future reference. A copy is available from us on request or can be downloaded from our website at fattail.com.au/financial-services-guide/. If you do not understand anything in it, or require more information, please feel free to contact us here.

Equities rose in the US on Friday but recorded a losing week across the key indices as investor fears of further rate hikes out of the Fed strengthened on the back of weaker-than-expected initial jobless claims data released earlier last week. The Nasdaq and S&P500 both posted their first weekly losses in 3 weeks losing 1.9% and 1.3% respectively while the Dow Jones fell 0.8% over the week. Shares in e-signature company DocuSign fell 3.7% on Friday despite the company posting earnings that topped expectations and strong guidance for the third quarter.Over in Europe, markets closed slightly higher on Friday as investor sentiment is sliding on renewed inflationary concerns in the U.S., alongside weak Chinese economic data and stronger government bond yields. The STOXX600 rose 0.22% on Friday, Germany's DAX added 0.14%, the French CAC lifted 0.62%, and in the UK, the FTSE100 rose 0.49%. The rally on Friday was also due in part to the release of final eurozone figures for economic growth showing the economy grew 0.1% in the second quarter which was lower than the 0.3% growth economists were expecting in a sign interest rate hikes are having an impact in cooling the economy.Locally on Friday, the ASX200 fell 0.2% weighed down by materials and consumer discretionary stocks being sold off while some of the losses were offset by strength in the utilities sector.For the week, the ASX200 fell 1.67% with every sector closing in the red aside from energy stocks which were boosted by the rising price of oil on the back of output cuts from Russia and Saudi Arabia.Polynovo led the winning stocks on Friday with the healthcare company adding over 3% while Lake Resources and Pexa each jumped 2.7% and 2.57% respectively. Sayona Mining tumbled 4.55% on Friday despite the lithium miner announcing it reached the major milestone of shipping the first lithium oxide concentrate and generating maiden cash proceeds from its North American Lithium operation in Quebec.What to watch today:Ahead of the local trading session here in Australia the SPI futures are suggesting the ASX will open 0.06% higher to start the new trading week in the green.On the commodities front this morning, oil has retreated to trade 0.52% lower at US$87.05/barrel, gold is flat at US$1919/ounce and iron ore is down 0.85% at US$116.50/tonne.AU$1.00 is buying US$0.64, 93.95 Japanese Yen, 51.25 British Pence and NZ$1.08.Stocks trading ex-dividend today include Chorus (ASX:CNU), CSL (ASX:CSL), HUB24 (ASX:HUB), Terracom (ASX:TER) and Pepper Money (ASX:PPM). If you've been thinking about these stocks it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.Trading Ideas:Bell Potter has decreased the price target on AMA Group (ASX:AMA) from 26cps to 15cps and maintain a buy rating on the leading accident repair group in Australia following the release of the company's FY23 results including revenue falling slightly below Bell Potter's forecast at $869.6m. FY24 guidance was reiterated and the company also announced a $55m capital raise.And Trading Central has identified a bearish signal on Reece (ASX:REH) following the formation of a pattern over a period of 24-days which is roughly the same amount of time the share price may fall from the close of $19.24 to the range of $17.70 and $18.00 according the standard principles of technical analysis. 

Wall St closed higher on Monday as big tech names and chip stocks posted strong results. The S&P 500 finished the day 0.58% higher, the tech heavy Nasdaq followed suit posting a 1.05% gain, and the Dow Jones closed marginally higher by 0.07%.Software company Nvidia ended the day 7.1% higher, rebounding from an 8.5% sell off last week. This was further boosted with Morgan Stanley touting Nvidia as a ‘top pick ahead of earnings'.Over in Europe, there was a mixed reaction in markets after several down sessions last week. The Stoxx 600 closed marginally higher by 0.1% with retail stocks and financial services leading the way. The German DAX finished the day up 0.46% and the French CAC also finished the day 0.12% higher. However the FTSE 100 ended Monday 0.23% lower.Locally yesterday, the ASX200 ended the first trading session of the week down 0.86% as a sharp sell-off in materials stocks weighed on the key index. The communications services, energy and info tech sectors were the only sectors to close higher on Monday. Lake Resources led the winning stocks on Monday, jumping 7.7% while Carsales.com added 7% on strong FY23 results. Syrah Resources and Elders fell 6.85% and 6.10% respectively yesterday.What to watch today: The Australian share market is set to open flat this morning.In terms of economic data, the RBA minutes meeting will be released today at 11:30am AEST.On the commodities front this morning, crude oil is down 0.88% to US$82.45 a barrel. Gold is down 0.33% to US$1907 an ounce after mounting pressures from a strong dollar and iron ore is up 1.93% to US$105.50 a tonne.Trading Ideas:Bell Potter maintains a buy rating on Beach Energy (ASX:BPT) with a 12-month price target of $2. Beach Energy has a strong fully funded growth outlook diversified across five energy basins and four separate gas markets. The company is also rolling off peak capex into a step change in production and expects free cash flow in FY25-26.And Trading Central has identified a bullish signal in Super Retail Group (ASX:SUL) indicating that the stock price may rise from the close of $12.85 to the range of $13.70-13.90 over a pattern formed in 53 days, according to the standard principles of technical analysis.

The stock market started off the week down today with 6 of the 11 sectors finishing lower. Health care fell the most while real estate was the biggest gainer. Estia health saw gains after agreeing to a takeover offer and Lake Resources was the worst performer overall, hitting a 2.5 year low after responding to an ASX query. Ahead, inflation in the US will be in the spotlight at the tail end of the week. While reporting season starts to ramp up locally. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

22 Jun 2023 - Lake Resources Limited (ASX:LKE) Managing Director David Dickson discusses the company's two-phase strategy.

We covered lots of ground today, filling the Money Miners in on Mining News from across the globe. In our deep-dive we expand upon Mineral Resource's (MIN.asx) late announcement on Friday, honing in on the cancelled lithium offtake with Ganfeng for Mt Marion. We also touch on the rumoured Barrick Gold (GOLD.nyse) bid for First Quantum (FM.tse); trouble at Lake Resources (LKE.asx) as capital costs emerge; progress in Brazil for Centaurus (CTM.asx); Lynas (LYC.asx) a little late with Kalgoorlie Facility; Sheffield (SFX.asx) 90% complete construction; Pantoro (PNR.asx) refinances their debt; and Albermale pays $30m for Lithium ground in WA. All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional. Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Follow Money of Mine on YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram Chapters(0:00) Preview(0:19) Introduction(2:25) Barrick bidding for First Quantum?(5:34) Lynas updates on Kalgoorlie Processing Facility timing(7:57) Hudbay merger with Copper Mountain get approval(9:00) Centaurus buy back their offtake rights(11:49) Sheffield construction update(13:51) Lake Resources tumbles on capital cost reveal(18:36) Pantoro refinance debt ahead of merger with Tulla(20:28) Albermale pay $30m for Lithium exploration ground in WA(21:38) New Copper IPO on ASX backed by Tembo(24:03) MinRes cancel their offtake with Ganfeng for Mt Marion(39:55) Wrap-Up

The local market started the new trading week 0.6% higher, carrying the ASX rally into a 6th straight session driven by a rally for healthcare stocks, namely, CSL as investors took last week's update-driven sell-off as an opportunity to buy into Australia's largest biotech company on Monday.Locally, PointsBet (ASX:PBH) jumped 19% during the session after updating the market on its non-binding indicative proposal from DraftKings to acquire PointsBet's US business for a headline purchase of US$195m on a debt-free and cash-free basis. Yesterday's announcement saw the PointsBet board share that DraftKings offer could be ‘reasonably expected to lead to a Superior Proposal', which would further boost the PBH share price, especially as Fanatics Betting is also in the race to acquire the online sports betting company. On the mining front, Lake Resources (ASX:LKE) tanked 16% on Monday after releasing a two-phase development to targeted production of 50,000 tonnes per annum of battery grade lithium carbonate at its Kachi project in Argentina. The update outlines significantly higher capital costs, a 3-year delay to the expected production date commencement at the mine and a 50% reduction to the target amount of tonnes per annum of lithium from the project. Wall St was closed overnight for the Juneteenth National Independence day holiday, however all eyes will be on Fed Chair Jerome Powell's testimony on Thursday night Australian time to determine what the rate hike movements look like for the coming months. The Nasdaq was the winning index last week, gaining 3.3% as investor appetite for technology stocks continues to grow amid the hype around AI and its ability to drive hyper operational efficiency across many industries.Over in Europe, equities fell on Monday as investors' concerns over weakened demand recovery from China weighed on resources companies in the region, and healthcare stocks took a hit on dampened corporate forecasts. The STOXX600 fell 1% on Monday with all sectors ending the session in negative territory, while Germany's DAX lost almost 1%, the French CAC closed 1.01% lower and, in the UK, the FTSE100 fell 0.71%.   What to watch today: Ahead of the local trading session here in Australia, the SPI futures are expecting the ASX to open Tuesday's session 0.15% higher, extending the local green run into a 7th straight session.On the commodities front this morning, oil is trading 0.8% lower at US$71.21/barrel, coal is down 5.52% at US$128.45/tonne, gold is down 0.4% at US$1949.70/ounce and iron ore is up 0.43% at US$117/tonne.Stocks trading ex-dividend today include Premier Investments (ASX:PMV). If you've been thinking about this stock it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.AU$1.00 is buying US$0.68, 7.20 Japanese Yen, 53.75 British Pence, and NZ$1.10. Trading Ideas:Bell Potter has initiated coverage of Matrix Composites & Engineering (ASX:MCE) with a Hold rating and a price target of $0.35 noting the near-term earnings and free cash flow outlook is leveraged to increases in global offshore energy development activity, which Bell Potter estimates is currently at a 5-year high, resulting in an uplift in outstanding product orders to be delivered of 2H FY23 and FY23.And Bell Potter has downgraded the price target on Bega Cheese (ASX:BGA) from $4.10 to $4.00 and maintain a buy rating on the dairy company amid forecasts for movements in the cash rates, implied yield curves and impact of the strengthened Aussie dollar to USD on AUD commodity returns.

The Aussie share market declined 1.94% (Mon-Thu), as a sharp sell-off in materials stocks on the back of lower iron ore prices due to weakened demand from China's steel mills.In this week's wrap, Grady covers:(0:11) Cost-of-living pressures in Australia(0:39) Why income stocks are gaining attention(1:19) Bell Direct's Strategy Builder(2:13) High dividend stock selection(4:11) The best performing companies in the ASX200(5:02) The most traded stocks & ETFs by Bell Direct clients(5:36) Three economic news items to watch out forRead the transcript here.

Join Laura and Stevie as they give us Wednesday's market close updates. Wages are up and the market is down for a second day in a row. Miners and banks weighed on the market, while tech rose most. Lake Resources performed best while fertiliser company Incitec Pivot performed worst. Jobs data is in the spotlight tomorrow, with the potential to move markets and influence the next interest rate decision. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The Aussie share market advanced 0.44% this week (Mon-Thu), led by the energy sector gaining almost 2% and the information technology sector adding 1.97%. Investors have regained appetite for technology stocks as inflation eases in the US.In this week's wrap, Grady covers the:(0:17) US debt debate and important next steps(1:40) Bank of England's rate hike decision (2:17) Healthcare sector movers and shakers(4:22) Best performing stocks in the ASX200(5:29) Most traded stocks & ETFs by Bell Direct clients(6:01) Three economic news items to watch out for 

The Aussie share market declined this week, falling 1.6% (Mon-Thu), with only the utilities sector making gains. Financials and energy weighed down on the market the most. Also contributing to the market's decline were interest rate hike announcements in some of the key markets around the world.    In this week's wrap, Sophia covers:(0:22) The RBA's unexpected announcement(1:14) What happened to banking stocks this week(1:51) The impact of recent moves by the Federal Reserve(4:21) The best performing stocks in the ASX200(4:43) The most traded stocks & ETFs by Bell Direct clients(5:23) Five economic news items to watch out for

Join Laura and Steve for today's closing market update. They discuss today's big announcement from the RBA, another rise to interest rates and a volatile close to the market. Lake Resources remains in the top 3 stocks for the 2nd day in a row and a big day expected tomorrow with the European and UK markets reopening after holidays.    The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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The local market ended Friday's session 0.3% higher as a surge in tech stocks led the markets higher, while every sector aside from materials stocks also finished the day in the green.The winning stocks from Friday's session were led by Bega Cheese (ASX:BGA) adding over 7.5% on the back of the company's first half results being released, while Brambles (ASX:BXB) and Block Inc (ASX:SQ2) each also added over 7.4 and 5.8% respectively. On the losing end, Regis Resources (ASX:RRL) fell almost 5% after releasing first half results and providing a mineral resource update on its Tropicana project.The most traded stocks by Bell Direct clients on Friday were AGL Energy (ASX:AGL), Pilbara Minerals (ASX:PLS) and Core Lithium (ASX:CXO).For the week, the key index posted a 0.54% loss despite the Utilities sector gaining over 6% buoyed by Origin Energy jumped over 15% on the back of receiving a revised takeover offer for $8.90/share.Over in the US, Wall St closed lower on Friday as, yet another inflation-related report came in stronger than expected. Personal Consumption Expenditure price index, the Fed's preferred measure of inflation in the US, jumped to 4.7% in January which well exceeded expectations of a rise to 4.3%. The Dow Jones fell 1%, the S&P500 also lost 1% and the tech-heavy Nasdaq slid 1.7%, to wrap up Wall St's worst week in 2023.Over in Europe on Friday, markets also closed lower in the region as investors assessed the latest corporate earnings results in addition to economic data out of the US. Germany's DAX fell 1.72%, the French CAC lost 1.78% and in the UK the FTSE 100 fell 0.37%.What to watch today:This week Q4 GDP growth rate in Australia out on Wednesday with consensus expecting a growth rate of 0.9%, up from 0.6% growth in Q3. If the figure comes in at 0.9% it will make it the fifth straight quarter of growth in the economy, and a higher rise than Q3 which may cause a market sell-off on Wednesday.Preliminary Australian retail sales data for January is released in just over an hour with consensus expecting a rise of 1.2%, following a 3.9% decline in December.Over in the US, several Federal Reserve officials will speak this week, giving clues into the size of the next interest rate hike so investors locally and globally will be keeping an eye out for these speeches, and we may see markets move accordingly post these speeches.On the commodities front, oil is trading 1.23% higher at US$76.23/barrel, gold is down 0.64% at US$1810.90/ounce and iron ore is trading 1.13% lower at US$131.50/tonne.The Aussie dollar is buying US$0.67, 91.81 Japanese yen, 56.04 British pence and NZ$1.09.Ahead of the local trading session the SPI futures are anticipating the ASX to open sharply lower amid the global sell-off that ended the last trading week on a sour note.Trading Ideas:Trading Central has identified a bullish signal on Lake Resources (ASX:LKE) following the formation of a pattern over a period of 19-days which is roughly the same amount of time the share price may rise from the close of $0.61 to the range of $0.87 to $0.93 according to standard principles of technical analysis.Trading Central has identified a bearish signal on Sandfire Resources (ASX:SFR) following the formation of a pattern over a period of 73-days which is roughly the same amount of time the share price may fall from the close of $6.22 to the range of $4.00 to $4.40 according to standard principles of technical analysis.

Lake Resources (OTC: LLKKF) managing director and CEO David Dickson joins Small Caps to discuss the company's plans to develop clean lithium from its flagship Kachi brine project and other claims in Argentina. The company has licenced a direct extraction technology from partner Lilac Solutions, which can produce a high purity lithium at a reduced environmental footprint compared to convention processes. A definitive feasibility study is due mid-year that evaluates developing an operation at Kachi to generate about 50,000tpa of lithium carbonate for global battery and electric vehicle markets. For more information on Lake Resources:https://smallcaps.com.au/stocks/LKE/See omnystudio.com/listener for privacy information.

Lake Resources (ASX: LKE) managing director and CEO David Dickson joins Small Caps to discuss the company's plans to develop clean lithium from its flagship Kachi brine project and other claims in Argentina. The company has licenced a direct extraction technology from partner Lilac Solutions, which can produce a high purity lithium at a reduced environmental footprint compared to convention processes. A definitive feasibility study is due mid-year that evaluates developing an operation at Kachi to generate about 50,000tpa of lithium carbonate for global battery and electric vehicle markets. For more information on Lake Resources:https://smallcaps.com.au/stocks/LKE/See omnystudio.com/listener for privacy information.

The top five most bought and sold stocks on Selfwealth in 2022 were resources and mining. Companies like Lake Resources, Core Lithium, BHP, Pilbara Minerals, and Fortescue metals all had bumper years.  So what happened?  For all the juicy details, we've brought back our first ever podcast guest: Kanish Chugh from Global X.  Global X runs some of Australia's favourite materials-based funds. We're talking the lithium and EV slanted ASX:ACDC and the oldest physically backed gold ETF, ASX:GOLD.  And as their Head of Distribution, there's no one better than Kanish to run us through the year that was, and what he's expecting for 2023. In this episode, Kanish and Aleks chat: Investing for the future, including carbon credits, clean uranium, and green metal mining What happened with the big miners in 2022 What investors can learn about M&A activity Predictions for 2023 Follow Kanish on LinkedIn here: https://www.linkedin.com/in/kanish-chugh-16126623/  Learn more about Global X ETFs here: https://www.globalxetfs.com.au/  Follow Aleks on Instagram here: https://www.instagram.com/brokegirlwealth/  Follow Selfwealth on Instagram here: https://www.instagram.com/selfwealth.com.au/ See omnystudio.com/listener for privacy information.

In the first hour of trade, the Australian share market was lower ahead of the monthly inflation reading, however when CPI was announced at 11:30am, good news boosted the market. The monthly consumer price index advanced 6.9% in the year to October, slowing from September's record high of 7.3%, and below market consensus of a 7.4% gain.  The reading showed a softer rise in food prices than previously, however prices were rising across most food categories, with prices rising the most in fruit and vegetables and meat and seafoods. The RBA expects inflation to peak at the end of the year at around 8%. In other economic news, October residential building approvals slid 6.4% on the year. The materials sector advanced today, with lithium miners lifting the group. Coal miners were also buoyant, with Whitehaven Coal (ASX:WHC) and New Hope Corporation (ASX:NHC) closing with solid gains. The energy sector was the best performer, advancing 1.8%, followed by real estate stocks. Financials on the other hand, were weighed down by insurance companies, with Insurance Australia (ASX:IAG), Suncorp (ASX:SUN) and QBE Insurance (ASX:QBE) all in the red. And utilities, consumer staples and healthcare were the worst performing sectors. Looking at the AX200 leaderboard, Sayona Mining (ASX:SYA) jumped over 12% today, followed by Whitehaven Coal (ASX:WHC), New Hope (ASX:NHC) and Lake Resources (ASX:LKE). The worst performing stock was gold miner St Barbara (ASX:SBM). The Australia dollar is slightly up, with 1 Aussie dollar buying US$0.67, 55.85 British Pence, 92.81 Japanese Yen, and NZ$1.08. 

The ASX rebounded from Monday's losses to close Tuesday's session up 0.59% at a fresh 5-month high, with the gains largely driven by investors piling into the energy sector today amid the rising price of commodities.Coal stocks rallied today as the price of the commodity surges 2.2% to US$351/tonne. Whitehaven Coal (ASX:WHC) jumped more than 7.5%, New Hope Corporation (ASX:NHC) rallied over 7% and Yancoal Australia (ASX:YAL) added more than 6%. Coal mining stocks also rallied after Origin Energy (ASX:ORG) warned the coal exit could be delayed globally.As we head into the Black Friday sales, Australian Retailers Association and Roy Morgan are forecasting sales will reach a record $6.2bn over the four-day period from Friday to Monday, with most Aussies in the survey saying they will spend the same or more than last year despite rising interest rates.Star Entertainment shares fell almost 2% today after the company released a trading update at its AGM outlining revenues have fallen 11% in Sydney from July to November 2022, giving an idea of the impact competitor Crown's new Barangaroo casino has on Star's performance in NSW.The winning stocks today were led by Virgin Money UK (ASX:VUK) climbing more than 10% after releasing full year results including a 43% increase in statutory profit before tax and an interest margin of 1.85%. Whitehaven Coal (ASX:WHC) soared almost 8% today and New Hope Corporation (ASX:NHC) also added more than 7% today.And the stocks that weighed on the market today were Block Inc (ASX:SQ2) tumbling 3.22%, De Grey Mining (ASX:DEG) closing down 2.34% and Inghams (ASX:ING) shedding 2.15%.The most traded stocks by Bell Direct clients were Fortescue Metals Group, Appen and Lake Resources.Taking a look at commodities, crude oil is trading flat at US$80.05/barrel, natural gas is down 3.2%, gold is up 0.3% at US$1743/ounce and iron ore is down just over 2% at US$97.50/tonne.The Aussie dollar has slightly strengthened today to buy 66.08 US cents, 55.95 British Pence, 93.78 Japanese Yen and 1 New Zealand dollar and 8 cents.RBA governor Philip Lowe will address the Annual Ceda dinner tonight and is poised to talk about price stability, the supply side and prosperity.

General Advice only

The ASX extended its green run into Tuesday, closing the session up 0.36% buoyed by a surge in utilities and consumer staples stocks, however strong gains were offset by a sharp sell-off in the energy sector amid declining commodity prices with crude oil down 0.5% at US$91.31 per barrel, natural gas down 3.35%, gold down 0.24% at US$1670.66 per ounce and iron ore down 0.56% at US$88.50 per tonne. Ingham's (ASX:ING) shares fell more than 2% today after the poultry provider released its AGM presentation which outlined the challenging business conditions the company continues to face, including feed prices remaining elevated due to ‘tight global supply”. The Lottery Corporation (ASX:TLC) rallied today after the company reported overall group revenues rose 11% over the first four months of FY23. Magellan Financial Group (ASX:MFG) closed flat today after the company's co-founder, Hamish Douglass, sold two-thirds of his shares in the company on Monday night. The share sale comes just days after MFG announced its funds under management increased to $51 billion in October. COP27 kicked off today, where global leaders meet in Glasgow this year for the 2-week long global climate summit which on the summit's opening day has already had the UN warn leaders that the world is speeding down a ‘highway to hell'. The winning stocks for today's session were Mineral Resources (ASX:MIN), Pilbara Minerals (ASX:PLS) and The a2 Milk Company (ASX:A2M). And the losing stocks today were led by James Hardie Industries (ASX:JHX) tanking more than 13.7% after the global building materials company announced first half results including the scrapping of the company's dividend in favour of a share buyback program. Sims (ASX:SGM) lost almost 10% today and New Hope Corporation (ASX:NHC) fell 7.75%.The most traded stocks by Bell Direct clients today were Lake Resources (ASX:LKE), Pilbara Minerals (ASX:PLS) and WA1 Resources (ASX:WA1). In economic data out today, Westpac Consumer Confidence dropped to 78 for November from 83.7 in October as rising interest rates and surging inflation weigh on family finances and the economy. NAB's Business Confidence data for October fell from 5 points in September to 0 in October, amid growing concerns over rising interest rates and an uncertain global outlook. The Australian dollar has strengthened to buy 64.74 US cents, 56.25 British Pence, 94.83 Japanese Yen, and 1 New Zealand Dollar and 9 cents.

The local market snapped a four-session winning streak on Friday, to close 0.87% lower as investors sharply sold off 4% amid a sharp decline in commodity prices, including iron ore tumbling 5.6%. BrainChip (ASX:BRN) was the most sold-off stock on Friday, with the world-leading AI on-chip processing and learning technology company tanking 21.2% after releasing a Q3 update, outlining that the $1.5 billion company generated cash receipts of just $118,000 and an operating loss and operating cash outflow of $3.8 million for the quarter. Macquarie (ASX:MQG) shares were virtually unchanged at the closing bell on Friday despite the investment bank releasing strong half-year results including net operating income up 11% to $8.641 billion, profit after tax rising 13% to $2.305 billion and an interim dividend rise of 10% to $3 per share. Total operating expenses also rose though by 13% to $2.305 billion. The most traded stocks by Bell Direct clients on Friday were BHP Group (ASX:BHP), BrainChip (ASX:BRN) and Lake Resources (ASX:LKE). Overseas on Friday, the US market ended higher after a turbulent week, following the release of Apple's earnings report that boosted the tech-heavy Nasdaq higher to lead the gains on Wall St. The Dow Jones industrial index added 2.6%, the Nasdaq rose 2.87% and the S&P500 lifted 2.46% on the last trading session of the week. Investor sentiment was also boosted on Friday – investors are optimistic that the Fed may indicate this week that it is preparing to pivot toward a slower pace of monetary tightening. In Europe, markets closed mixed after the European Central Bank raised its interest rate by 75-basis points, alongside the release of a number of company earnings reports. The Stoxx 600 closed up just 0.1% while Germany's DAX added 0.24% and the French CAC climbed 0.27%, but the UK's FTSE100 fell almost 0.4%. Shell shares fell more than 1.5% on Friday despite the oil and gas giant releasing third quarter results on Thursday including quarterly profits more than doubling from the same period a year earlier. What to watch today:The ASX is set to open 1.36% higher, following the strong rally on Wall Street that ended the last trading week higher.In commodities this morning, crude oil is trading 0.7% lower at US$96.31 per barrel, gold is trading 1% lower at US$1,644 per ounce, iron ore is down 5.6% at US$84 per tonne and gas is trading down 5.8% at US$2.84 per gallon.There is no local economic data released today, however local investors will be keenly awaiting the release of the RBA's interest rate decision out tomorrow at 1:30pm AEDT with the market expecting another rise of 0.25% taking the nation's cash rate to 2.85%. Trading Ideas:Trading Central has identified a bullish signal on Auckland International Airport (ASX:AIA) following the formation of a pattern over a period of 27 days which is roughly the same amount of time the share price may rise from the close of $6.82 to the range of $7.13 to $7.21 according to standard principles of technical analysis.Trading Central has also identified a bearish signal on Sigma Healthcare (ASX:SIG) following the formation of a pattern over a period of 34 days which is roughly the same amount of time the share price may fall from the close of $0.65 to the range of $0.53 to $0.55 according to standard principles of technical analysis.

The local market's rally extended into Thursday, with the key index closing 0.5% higher in its best session in 6-weeks, boosted by a surge in energy stocks. An array of corporate earnings results were released today including ANZ (ASX:ANZ), which beat expectations but investors sharply sold out amid uncertain outlook for the year ahead and the increase of the bank's provision for doubtful debts, and Reece which investors piled into after the company released a Q1 trading update outlining sales revenue jumped 28.8% to $2.3 billion boosted by inflation. Australian Clinical Labs (ASX:ACL) is the latest company to report a cyber-attack that happened back in February, whereby the health records and credit card information of about 223,000 patients and staff in its Medilab Pathology business were stolen and posted on the dark web. Shares in the company plunged more than 5% today. While Weebit Nano (ASX:WBT) surged nearly 30% today after announcing it has successfully completed full technology qualification of its Resistive Random-Access Memory (ReRam Module) manufactured by its R&D partner CEA-Leti, which is a key step that must be completed for every semiconductor product on each new target process.The winning stocks for today's session were Ramelius Resources (ASX:RMS) adding 8.4% a day after the gold miner reaffirmed production guidance for FY23, Sandfire Resources (ASX:SFR) lifting 7% and Regis Resources (ASX:RRL) ending the day up 6.85%. On the losing end of the market, Iluka Resources (ASX:ILU) took the biggest hit today, falling 6.31% despite no price sensitive news released by the company today, Core Lithium (ASX:CXO) fell 5.15% today and Pinnacle Investment Management (ASX:PNI) lost 3.35% today. The most traded stocks by Bell Direct clients today were Lake Resources (ASX:LKE), Commonwealth Bank of Australia (ASX:CBA) and WA1 Resources (ASX:WA1). The Australian dollar is trading higher again this afternoon against the green back with 1 Aussie dollar buying 64.82 US cents, 55.90 British Pence, 94.56 Japanese Yen and 1 New Zealand Dollar and 11 Cents. Following Australia's inflation rate hitting a 32-year high for the September quarter of 7.3%, investors will be awaiting the release of the RBA's latest cash rate hike next Tuesday when the central bank next meets.

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market: The financings backing the procurement of three FPSOs – with backing from K-SURE and Kexim – are targeted to reach financial close early next year State-owned Ghana Cocoa Board (Cocobod) is in the market to refinance its annual Pre-Export Finance (PXF) facility in an otherwise muted Central and Eastern Europe Middle East and Africa (CEEMEA) syndicated loan market Australia-based Lake Resources is expected to close a roughly $600-800 million ECA-backed limited-recourse debt package to finance the construction of its flagship Kachi lithium project in Argentina in Q3 2023.  Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

The local market see-sawed throughout the first trading session of the week before closing the day down 0.28%, led by a sell-off in utilities and tech stocks, while real estate stocks recovered some losses from Friday's sharp sell-off.Looking at the best performing stocks today, Lake Resources (ASX:LKE) recovered some of last week's losses to close 12.37% higher today after the lithium miner released another update on its Kachi Lithium Project to alleviate investor concerns over the dispute with its project partner Lilac Solutions, with Lake Resources today saying that ongoing work is being done by Lilac and all parties are confident that on-site operations will be successful. Other stocks that investors bought into today included Pilbara Minerals (ASX:PLS) and a number of other lithium producers today as investors pile into the EV-battery metal sector today. Oz Minerals (ASX:OZL) and Sandfire Resources (ASX:SFR) also each added more than 3% today. Investors sharply sold out of Sayona Mining (ASX:SYA) shares today as today is the first day the company trades as part of the ASX200, while Magellan Financial Group (ASX:MFG) fell 5.75% today and Breville Group (ASX:BRG) lost 5.2%. Investors also fled buy now, pay later stocks today, which saw Block (ASX:SQ2) shares tumble 4.46%, as investors speculate an aggressive rate hike from the Fed's in the US will be announced on Wednesday.The top traded stocks by Bell Direct clients today were Pilbara Minerals (ASX:PLS), Lynas Rare Earths (ASX:LYC), BHP Group (ASX:BHP), Fortescue Metals Group (ASX:FMG) and Allkem (ASX:AKE).Taking a look at economic data, tomorrow is the big release day of the RBA's September meeting minutes which investors have been anticipating to determine whether the RBA really is dovish about the way forward for lower interest rate hikes or whether they will continue to aggressively act to curb inflation.

The Aussie share market declined 0.74% this week (Mon-Thu), as investors fear more aggressive rate hikes. US inflation data for August came in at 8.3%, above market expectations.   In this week's wrap, Grady covers:(0:08) The latest US inflation reading(0:54) Two FMCG stocks Bell Potter has its eye on(3:18) Why investors are embracing cash ETFs(4:00) Material stocks advancing despite market turbulence(5:38) The most traded stocks & ETFs by Bell Direct clients (6:08) Two economic news items to watch out for

Our local market closed with a 0.2% gain yesterday, with energy and financials advancing the most. On the prospect of the first strike by American railroad workers in 30 years, ASX coal producer's rallied, lifting the energy sector higher. Coal stocks were the best performers, including Coronado Global Resources (ASX:CRN), New Hope Corporation (ASX:NHC) and Whitehaven Coal (ASX:WHC). Meanwhile, Lake Resources (ASX:LKE) dropped more than 12% yesterday. The most traded stocks by Bell Direct clients were Whitehaven Coal (ASX:WHC), Pilbara Minerals (ASX:PLS) and the BetaShares US Dollar ETF (ASX:USD). Wall Street extended losses overnight. The Dow Jones closed 0.6% lower and the S&P500 dropped 1.1%, with nine of the eleven industry sectors in the red. The Nasdaq was the worst performer as tech shares declined, down 1.4%. What to watch today:The local market is expected to slide this morning. The SPI futures are suggesting a fall of 0.73%. In economic data, yesterday the unemployment rate for August was released. It increased to 3.5%. In commodities:Oil has pulled back, trading more than 4% lower, after the US Department of Energy said that its plan of refilling the country's strategic oil reserves, does not include a trigger price. This announcement has backtracked previous reports that the US would restock the emergency reserves, should prices fall below US$80, removing the potential price floor for oil. Gold has dropped to levels last seen in April 2020, due to an increasingly strong US dollar. Iron ore has pulled back, trading down 2.5%. Trading Ideas:Bell Potter maintain a Buy rating on Select Harvests (ASX:SHV) with a price target of $6.90. At the stock's current share price of $5.65, this implies 24.1% share price growth in a year. Trading Central has identified a bullish signal in Coronado Global Resources (ASX:CRN), indicating that the stock price may rise from the close of $1.85, to the range of $2.17 to $2.27, over 31 days, according to the standard principles of technical analysis. 

There was no good, just bad and ugly in today's session on the ASX as investors responded to the Wall St sell-off sparked by US inflation data hitting 8.3% for August.The ASX ended the midweek session down 181.10 points or 2.58%, weighed down by a heavy sell-off in real estate stocks, although no sector was safe from the market sell-off today with all 11 sectors ending the session in negative territory, with real estate stocks again taking the biggest hit. More than $58 billion was wiped off the ASX in the opening hour of trade today, as the local market tumbled more than 2.6%. Japanese financial firm Nomura has raised its expectations of the Fed to hand down a full 1% interest rate hike at the FOMC meeting next week, while also expecting the RBA to increase Australia's cash rate hike by 0.5% in October instead of the previously forecasted 0.25%. Westpac also says Australia is facing a similar problem to the US with consumption remaining strong, meaning demand is continuing to drive inflation.Finding a winning stock today was like finding a diamond in the rough, but one standout was Clover Corporation (ASX:CLV), which surged more than 11% during the session after releasing full year results in line with the top end of guidance. The strong results were boosted by the second half of the year with international borders opening and key infant milk manufacturers lifting orders. Mesoblast (ASX:MSB) ended the session as the leading stock, gaining 2.2% despite no price sensitive news released by the regenerative medicine company today.On the losing front, Lake Resources (ASX:LKE) continued its run in the firing line of investors with the stock plunging more than 15% today after the company revealed a dispute with Lilac Solutions regarding the Kachi Pilot Plant as to the date by which certain milestones must have been achieved. Under the agreement, Lilac will earn up to a 25% stake in the Kachi Project based on meeting certain milestones, which Lake considered must be achieved by September 30, while Lilac believes it has until 30 November to do so. Investors also sharply sold-off Megaport (ASX:MP1) and Clinuvel Pharmaceuticals (ASX:CUV) shares today.The top traded stocks by Bell Direct clients today were Lake Resources (ASX:LKE), Star Entertainment Group (ASX:SGR) and Cochlear (ASX:COH).On the economic calendar for tomorrow, Australia's unemployment rate for August is released, which will give an insight into how tight the country's labour market was last month.

General Advice only

The Australian market rebounded sharply from yesterday's sell-off to close Thursday's session 1.77% higher, boosted by investors piling into the tech and materials sectors today.Investor confidence was boosted by a rebound in commodity prices and RBA Governor Philip Lowe's speech, where the RBA leader gave clarity and certainty around the slower way forward in terms of rate hikes. Mr Lowe said there are at least two more rate hikes to come in order to tame the country's inflation to the target range between 2-3%, and that the RBA thinks the neutral cash rate is at least 2.5%. Australia's trade balance for July released today showed the country's trade surplus more than halved in July to $8.73 billion, which fell well short of market expectations for a $14.5 billion surplus. Exports fell 9.9% in the month due to a sharp fall in sales of metal ores and minerals.Today's winning stock was Tyro Payments (ASX:TYR), surging more than 28% after the fintech company rejected a takeover bid worth $658 million from a Potentia Capital-led consortium. Tyro's board considered the indicative proposal and unanimously determined the offer significantly undervalues Tyro and as such advised it is not in the best interest of shareholders to proceed with this offer in its current form. And it was a tech sector surge today with technology stocks posting the biggest gains of the session. Life360 (ASX:360) soared over 15%, while Megaport (ASX:MP1) added more than 12%.On the losing front, Alumina (ASX:ALU) took the biggest hit today, closing the session down over 2.4%, while Medibank Private (ASX:MPL) and Chorus (ASX:CNU) each fell over 1%.The top traded stocks by Bell Direct clients today were the BetaShares Geared Australian Equity Hedge Fund (ASX:GEAR), CSL Limited (ASX:CSL) and Lake Resources (ASX:LKE).In economic data, initial jobless claims in the US for the last week will be released overnight with the market expecting a jump in claims to 240,000. Investors will also keep a close eye on any further hawkish signals on the monetary policy front when Fed Chair Jerome Powell speaks at Cato Institute Conference overnight.

The story of the day was the RBA raising the official cash rate by a further 50 basis points for September, taking the rate from 1.85% to 2.35%, which was in line with market expectations. The RBA also said it is committed to continue raising the cash rate.The market rallied in the first hour of trade before turning lower and closing the session down 0.4%. Investors sold out of financial stocks today in anticipation that the big banks will pass on the full interest rate hike to customers.Lithium stocks performed well today after a number of broker upgrades including Macquarie reiterating its ‘outperform' rating on Allkem (ASX:AKE), while Jefferies lifted its price targets on IGO (ASX:IGO), Pilbara Minerals (ASX:PLS) and Allkem (ASX:AKE). The rally in lithium stocks was led by Core Lithium (ASX:CXO) surging almost 10%. Other winning stocks for today's session were Lake Resources (ASX:LKE) which added 9.55%, Paladin Energy (ASX:PDN) which jumped 7.8%, and Pilbara Minerals (ASX:PLS) which closed the session up just over 7%.And on the losing front, Breville Group (ASX:BRG) led the losses today falling almost 5%, Incitec Pivot (ASX:IPL) shed 3.66% and GrainCorp (ASX:GNC) ended the day down 2.9%. The top traded stocks by Bell Direct clients today were Commonwealth Bank (ASX:CBA), Pilbara Minerals (ASX:PLS), and Whitehaven Coal (ASX:WHC).In economic news, Australia's current account balance was also released today. The nation's current account surplus jumped to $18.3 billion in the second quarter which fell short of market expectations of $20.8 billion, but a major increase from a fall to $2.8 billion in the previous quarter. The increase in the current account for the second quarter was driven by higher commodity prices.Tonight, the US will have its first trading session of the week with investors keeping a close eye on if the sell-off from last week will continue into the new trading week.On the economic data front, US Global Services PMI is out tonight, in addition to ISM Non-Manufacturing business activity, PMI and Employment for the month of August with the market expecting a decline across each of these metrics from the month of July. Locally, investors will be awaiting GDP data out tomorrow for the second quarter to see if Australia's economy continued to grow during the most recent period. The market is expecting growth of 1%, up 0.2% from the first quarter.

In a market of headwinds aplenty, where nothing really seems to be working, one momentum trade continues to gain traction... Buying the ASX's most shorted stocks.  In fact, since hitting lows in June, companies like Betmakers, Nanosonics, Block, Zip Co, and Lake Resources have skyrocketed higher, lifting a respective 33%, 47%, 30%, 132% and 101%.  So what does this mean for investors like you? Well, my friend, cast your mind back to the now infamous short squeeze of January 2021 - GameStop.  Back then, hedge funds were forced to cut their losses and buy back shares to cover their short positions, as retail investors continued to bid GameStop's share price higher. This drove the momentum in the company's share price, forcing it higher still. Its a classic supply-demand equation, but in this case, not enough supply of those selling the stock, and too much demand from buyers.   So could there be some short squeeze candidates hiding among Australia's most-shorted stocks? Unfortunately, for us investors, this is a very difficult (and potentially dangerous) game to play.  So why not take a longer-term view? In this episode, Livewire's Ally Selby was joined by Ben Clark from TMS Capital and Henry Jennings from Marcus Today for their views on the five most-shorted stocks on the ASX.  Note: This episode of Buy Hold Sell was filmed on Wednesday 17th August 2022. You can read an edited transcript below: https://www.livewiremarkets.com/wires/buy-hold-sell-5-of-the-most-shorted-stocks-on-the-asx/ 

We're excited to welcome Grady Wulff, our new Market Analyst at Bell Direct. Grady and the Market Analyst team are dedicated to bringing you daily insights to support you in your investment journey.   In her first weekly wrap, Grady covers:(0:42) Why the energy sector is in the spotlight(2:07) An update on reporting season(2:42) Consumer staples stocks outperforming(2:55) Bell Potter's energy stock picks(3:34) The most traded stocks & ETFs by Bell Direct clients(4:00) The latest unemployment reading

Our local market yesterday closed 0.2% lower. The tech sector declined the most among the 11 sectors, while utilities also weighed down on the market. On the other end, energy and healthcare stocks advanced. And it was one of the busiest days of earnings results so far, with a long list of companies reporting. On the ASX200, we saw intellectual property group IPH (ASX:IPH) shares soar 16%, following news that the company has agreed to acquire Smart & Biggar, which is a leading Canadian intellectual property firm. Blackmores (ASX:BKL) shares fell 10% and it was the worst performing stock yesterday. While Blackmores reported a rise in profit and revenue, it also warned about rising costs and supply chain issues. The most traded stocks by Bell Direct clients were CSL Limited (ASX:CSL), Lake Resources (ASX:LKE), ResMed (ASX:RMD) and BHP Group (ASX:BHP).US equities gained overnight, with all three major benchmarks closing slightly higher. The Dow was up 0.6%, while the S&P500 and the Nasdaq both gained 0.2%. And European stocks also closed higher after a choppy session, amid continuing market caution over the inflationary outlook. The STOXX 600 was up 0.3% by the close. What to watch today:The Australian market is set open slightly higher, with the SPI futures suggesting a 0.3% rise at the open this morning. In commodities, the price of oil is on the rise, now moving further away from the 6-month lows reached earlier in the week, as falling US crude inventories more than offset the concerns around a global economic slowdown. Gold prices have steadied, however have fallen for three straight sessions, with the latest US Fed policy meeting minutes being released, which emphasised the need to keep up rising rates. And iron ore is trading lower with an extended downturn in demand for industrial inputs in China. Some companies set to publish results today include AGL Energy (ASX:AGL), Cochlear (ASX:COH), Cleanaway Waste Management (ASX:CWY), Healius (ASX:HLS), Inghams (ASX:ING) and Newcrest Mining (ASX:NCM). Trading ideas:Bell Potter maintain a Speculative Buy rating on Telix Pharmaceuticals (ASX:TLX) after the company reported its results. Bell Potter have lowered their valuation from $9 to $8.65, and at its current share price of $6.63 this implies 30.5% share price growth in a year. Trading Central have a identified a bearish signal in Adairs (ASX:ADH) indicating that the stock price may fall from the close of $2.55 to the range of $1.65 to $1.85 over 40 days according to standard principles of technical analysis. 

While the Australian sharemarket eased by 0.54% on Friday, it still rose for a fourth straight week. Lithium producer Lake Resources fell most on Friday but was this week's strongest improver, lifting by 48%. Commonwealth Securities Limited ABN 60 067 254 399 AFLS 238814 (CommSec) is a wholly but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 12 12 124 AFSL: 234945 (the Bank) and a Market Participant of the ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited. Any advice contained in this broadcast is general advice only. As the information in this broadcast has not been prepared with reference to your objectives, financial or taxation situation or needs, you should, before acting on it, consider its appropriateness to your circumstances and seek appropriate professional advice. CommSec, the Bank, and their related entities do not accept any liability arising out of or in relation to reliance on the information in this broadcast. We believe that the information in this broadcast is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability or completeness. This report is under copyright to CommSec and the Bank and may not be used without their prior consent.

Every millionaire's goal is to achieve greater economic security and stability so they have multiple sources of income. This is a good way of safeguarding your business against a downturn in one particular stream. It can give you and your business stability and the opportunity to grow. For yesterday's episode of 100 Millionaires Podcast, Gualter Amarelo together with Michael Schein and Mitch Jaworksi shared the most notable 7 Streams of Income that Millionaires have and discussed the ones that make the most sense for wealth builders at all stages. Below are the Seven Streams of Income: 1. Active income 2. Rental Income 3. Dividend Income 4. Interest 5. Capital Gains 6. Profits (from business) 7. Royalties You can have multiple of those streams. We knew young people who had 50 streams, 100 streams. There are the ones who now have seven or five streams. Gary Keller mentioned in one of his books that he had 153 streams of income because he counted every house as a stream of income. This is interesting, right? Gualter shared one of his favorites which is the Rental Income. He used to be a huge fan of dividend income and then he started to look for capital gains because they were easier to make: You don't have to pay any taxes until you finally went and sold the property. Moreover, you can just build your net worth for capital appreciation. Mike mentioned that you can always reinvest your dividends. Mike shared some lithium stocks they invested in as they were getting capital gains. As you may not know, Mike is obsessed with Tesla, so he has done a lot of research. If you start reviewing all the Tesla stuff, you will learn the world is battery-constrained. Fascinating. In the next 10 to 20 maybe 30 years, every battery that any company produces, not just Tesla produces, will be used somewhere either in solar, backup, or cars. What this means is there will be plenty of opportunities. But one of the chemicals that goes into batteries is lithium, and if you do more research online, you will find a bunch of lithium stocks. At the moment, Mike is invested in Sayona Mining, Lake Resources, and Lepidico Ltd. Mitch also shared that he invested in Lake Resources and Novonix. His biggest position on investment is with Lake Resources since his money went tripled. Gualter is also crushing on Core Lithium and Sayona. In the last couple of weeks, people in the Alchemist community have hung out with billionaires, including 10X with Grant Cardone. Gualter and Mike also had an opportunity to hang out with a billionaire who's crushing on his investments and the size of deals and the leverage that they use are what changes the game. Cheers to Our Success! Get access to more resources and training at Alchemist Nation! Click here to join Join Gualter Amarelo together with our millionaire coaches every Saturday at 10:00 am and learn the 52 Millionaire Wealth Principles of single and multifamily real estate investing. Register here Check out our upcoming important event of the year – the 100 Millionaires Summit 2022! --- Support this podcast: https://anchor.fm/alchemist-nation/support

Stu Crow - Chairman of Lake Resources and a Director of Atlantic Lithium - joins Rodney and Howard to discuss the past, present and exciting future at these two advanced lithium developers in Argentina and Ghana. #ElectricVehicles #ElonMusk #Tesla Video Index 0:00 - 0:32 Introduction 0:33 - 3:40 How did Stu get involved in lithium? 3:41 - 9:26 Vince Mascolo, Lake & Atlantic Lithium early days 9:27 - 21:55 Rodney & Stu discuss Atlantic Lithium's valuation, resource size upside, production volume potential, unsolicited bidders & an ASX listing 21:56 - 38:09 Howard & Stu discuss Lake's recent offtake announcements with Hanwa and Ford, the pilot plant being assembled in Argentina and the timing of the DFS/FID 38:10 - End If you like this video, please click the 'like' button and please also comment so we can improve our content going forward. And please register your email at www.rkequity.com and follow Rodney and me on Twitter (@lithiumionbull @RodneyHooper13) and on LinkedIn. Please also subscribe here on YouTube to Rock Stock Channel to ensure full access to all our free content. And finally, if you find value in our content, please consider joining us on Patreon at www.patreon.com/rockstockchannel ----- DISCLAIMER NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH Welcome to Rock Stock Channel. Today we start a new series of individual short videos on raw materials companies that we think should benefit from the rising demand from electric vehicles, energy storage and other clean energy technologies. Rodney Hooper, Howard Klein and RK Equity have been advisors to Frontier Lithium since 2021 and also have equity interests in Frontier. No payment has been paid in connection with the preparation of this video and all Rodney's comments and research are his own independent opinions. Rodney and Howard are not financial advisors nor broker dealers, this video is for information purposes only and should not be considered investment or financial advice. Please do your own independent research and read the disclaimer at the end of the video or on RK Equity's website www.rkequity.com Intro and outro audio credit: Jamie Klein

Carlos Galli is a globally recognized expert in lithium brine technology. This is a wide ranging discussion on the lithium market in Argentina including what needs to happen from a policy perspective to fully leverage Argentina's diverse portfolio of lithium containing salars. The importance of access to adequate quantities of fresh water for lithium projects and the great debate of how brine use should be considered in the water discussion. We review the top projects in some detail. LAC/Minera Exar, Orocobre (both Sal de Vida & Cauchari Expansion), Livent's expansion, Neolithium, POSCO, Eramet, Rincon, Lithica, Millennial, etc. Ganfeng's ambitious plans beyond Cauchari We also discuss Lake Resources and their recent commentary about their future Direct Lithium Extraction (DLE) is another topic both as it relates to Argentina and other parts of the world. The discussion strays across the border on occasion as we bring Chile and Bolivia into the discussion.