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A choppy day for the ASX, closing 0.3% in the green; stock of the day is SUL...
A choppy day for the ASX200, which finally closed 0.3% in the green. Data from Morgan Stanley today re-affirmed the ASX's status as the global laggard in terms of both AUD and USD returns, as a function of the domination of the big four banks. A impressive FY20 result for Fortescue Metals (FMG), with net profit up 49% to $4.74 billion. A new week, a new record high for Afterpay, after announcing it will expand into the EU after the $82 million purchase of Spanish fintech, Pagantis. Not surprisingly, futures point to a positive open for Wall St tonight. Since the middle of April, the S&P500 has risen on a Monday every week bar one. Our top three VODS are:
G8 Education CEO more confident than ever now that occupancy has recovered
CEO Chat: I don't see normal coming for a long time
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90. the COB: ASX on fire
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15:25Our Top 3 VideosBudget benefitBuying into biotechsCritical for minerals88. the COB: get in the game
19:44Our Top 3 VideosSILVER STOCKS SHINEDOUBLE-DIGIT DISHTHE WORST TRADING ADVICE EVER86. the COB: the bulls are back
19:03Our Top 3 VideosTHREE STOCKS TO CELEBRATEHOLDING FIRECOMPLETE CONFIDENCE85. the COB: banks bashed
18:45Our Top 3 VideosAustralia's next UnicornPaving the way for CBABroker bias84. the COB: flat as a pancake
21:10Our Top 3 VideosBuy, hold, sellHot propertyWaiting for a catalyst83. the COB: rates hold
11:17Our Top 3 VideosBeefing up portfoliosThe time and place for small capsTravel light with these stocks