RBA raises cash rate to 4.1%; ASX200 slips by 1.2% to 7130, ASX stock down 10.22%

Our Top 3 Videos <a href="https://ausbiz.com.au/media/two-asx-diagnostics-stocks-to-add-to-your-watch-list?videoId=29555" rel="noopener noreferrer" target="_blank">Diagnosing two ASX healthcare "buys"</a><a href="https://ausbiz.com.au/media/almost-a-million-mortgage-holders-are-extremely-at-risk-?videoId=29572&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">The real world impact of the RBA hike</a><a href="https://ausbiz.com.au/media/three-of-the-worst-performing-stocks-set-to-outperform?videoId=29565&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">An uphill battle for Luke's stocks</a>

the COB: another (unpleasant) surprise 🤮

The local market opened strongly again today, but that was before the March quarter CPI figures dropped.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/three-buys-from-bell-direct?videoId=35498&amp;sectionId=1908" rel="noopener noreferrer" target="_blank">Like a Boss</a><a href="https://ausbiz.com.au/media/three-buys-from-bell-direct?videoId=35498&amp;sectionId=1908" rel="noopener noreferrer" target="_blank">'Naughty corner' for Kogan</a><a href="https://ausbiz.com.au/media/these-are-the-stocks-to-watch-as-inflation-remains-sticky?videoId=35505&amp;sectionId=1908" rel="noopener noreferrer" target="_blank">High inflation stocks</a>

the COB: sticky inflation

The relief rally continued on the Australian share market today with the S&P/ASX200 finishing 0.45% higher at 7,683.50.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/ord-minnetts-twiceblessed-stock-list?videoId=35482" rel="noopener noreferrer" target="_blank">Twice blessed</a><a href="https://ausbiz.com.au/media/praemium-smallcaps-opportunities-are-aplenti?videoId=35480" rel="noopener noreferrer" target="_blank">'Plenti' of cash</a><a href="https://ausbiz.com.au/media/hot-copper-leads-to-hot-opportunities?videoId=35483" rel="noopener noreferrer" target="_blank">Copper isn't cooling</a>

the COB: repositioning rally

The local share market made a strong comeback today, leaping higher at the open but losing momentum over the course of the session...

Our Top 3 Videos<a href="https://ausbiz.com.au/media/these-utility-and-infrastructure-stocks-are-attractive?videoId=35464" rel="noopener noreferrer" target="_blank">Taking a toll</a><a href="https://ausbiz.com.au/media/infotech-hot-healthcare-cold?videoId=35465" rel="noopener noreferrer" target="_blank">Cold, cold, cold</a><a href="https://ausbiz.com.au/media/what-do-asmls-earnings-reveal-about-ai-chip-demand?videoId=35460" rel="noopener noreferrer" target="_blank">The AI picture</a>

the COB: relief rally

Reports that Israel had launched retaliatory military action against Iran prompted a dramatic response on markets with stocks and bond yields falling, while gold, oil and the US dollar spiked.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/the-cream-on-the-cake-as-copper-runs-hot?videoId=35436" rel="noopener noreferrer" target="_blank">Two-in-One</a><a href="https://ausbiz.com.au/media/a-tin-microcap-you-can-look-at?videoId=35439" rel="noopener noreferrer" target="_blank">Going in on tin</a><a href="https://ausbiz.com.au/media/bhp-starting-to-look-more-attractive-?videoId=35444&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">BHP to bounce?</a>

the COB: oil and gold surge

The S&P/ASX200 recovered some of its recent losses today to end 0.48% higher at 7,642.10. 

Our Top 3 Videos<a href="https://ausbiz.com.au/media/three-small-caps-to-watch?videoId=35417&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">Small cap run rate</a><a href="https://ausbiz.com.au/media/two-small-caps-with-big-catalysts-a-hidden-gem-a-diamond-in-the-rough?videoId=35420" rel="noopener noreferrer" target="_blank">Diamond in the rough</a><a href="https://ausbiz.com.au/media/watch-for-those-precious-metals?videoId=35422" rel="noopener noreferrer" target="_blank">Commodities going crazy</a>

the COB: iron "soar"

The local market attempted a comeback today, but it was a struggle...

Our Top 3 Videos<a href="https://ausbiz.com.au/media/fried-chicken-car-parts-and-aged-care-marc-likes-these-three-small-cap-stocks?videoId=35387" rel="noopener noreferrer" target="_blank">Small and diverse</a><a href="https://ausbiz.com.au/media/has-sell-in-may-and-go-away-come-early?videoId=35389" rel="noopener noreferrer" target="_blank">Break the uptrend</a><a href="https://ausbiz.com.au/media/these-small-cap-stocks-could-continue-to-outperform?videoId=35384" rel="noopener noreferrer" target="_blank">INA bull market?</a>

the COB: Powell pivots again

Institutional investors reduced exposure to crypto investment products last week, as ETF activity dipped to 31% of total volumes last week.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/a-house-in-sydneys-east-why-not-buy-a-smallcap-?videoId=35362" rel="noopener noreferrer" target="_blank">Hot property</a><a href="https://ausbiz.com.au/media/nextdc-trading-beyond-the-covid-bubble?videoId=35365" rel="noopener noreferrer" target="_blank">Rich multiples</a><a href="https://ausbiz.com.au/media/could-the-feds-next-move-be-a-hike-not-a-cut?videoId=35360" rel="noopener noreferrer" target="_blank">Trimming winners</a>

the COB: sea of red

Risk-off sentiment sent Aussie shares lower with US earnings in firm focus this week...

Our Top 3 Videos<a href="https://ausbiz.com.au/media/wams-undervalued-small-cap-picks?videoId=35353&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8PGGPh2SRCeX_LRfB77Q6_c59I9YqpeO0FcpO94pXlIL6hu5xQosStLkXCr62E93BGoHm7" rel="noopener noreferrer" target="_blank">Small caps on sale</a><a href="https://ausbiz.com.au/media/five-stocks-to-trade?videoId=35345&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8PGGPh2SRCeX_LRfB77Q6_c59I9YqpeO0FcpO94pXlIL6hu5xQosStLkXCr62E93BGoHm7" rel="noopener noreferrer" target="_blank">Line of resistance</a><a href="https://ausbiz.com.au/media/the-case-for-these-two-safety-small-cap-stocks?videoId=35340&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8PGGPh2SRCeX_LRfB77Q6_c59I9YqpeO0FcpO94pXlIL6hu5xQosStLkXCr62E93BGoHm7" rel="noopener noreferrer" target="_blank">Life in 360</a>

the COB: is there still life in 360?

The local market took a breather during the Friday session, to end the week virtually unchanged.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/this-banking-stock-was-a-95-buy-this-week?videoId=35315" rel="noopener noreferrer" target="_blank">Buck the trend</a><a href="https://ausbiz.com.au/media/paragon-care-a-smallcap-to-watch?videoId=35319" rel="noopener noreferrer" target="_blank">Healthy diet for small caps</a><a href="https://ausbiz.com.au/media/these-gold-stocks-could-start-to-shine?videoId=35322" rel="noopener noreferrer" target="_blank">Sold on gold</a>

the COB: inflation overreaction?

Close your business day with the ausbiz anchors and a wrap of the day&apos;s key stories.

Close your business day with the ausbiz anchors and a wrap of the day's key stories and market movers, as well as our Stock of the Day. Disclaimer: At ausbiz we provide news, information, analysis and commentary. All of this content is general in nature and does not take into account your personal financial situation. The information is not intended as advice and you should not rely on it as such. Before acting on any information you have seen or heard on ausbiz platforms, you should seek independent financial advice, which takes into account your specific circumstances. While we endeavour to ensure that the content you hear in this podcast is reliable, accurate and complete, we cannot guarantee that. You should also be aware that the individuals appearing on ausbiz may have direct holdings in the companies or investments they discuss.

Share

The COB from ausbiz

the COB: another (unpleasant) surprise 🤮

More episodes

View all episodes

74. the COB: sticky inflation

73. the COB: repositioning rally

72. the COB: relief rally

72. the COB: oil and gold surge

71. the COB: iron "soar"

70. the COB: Powell pivots again

69. the COB: sea of red

68. the COB: is there still life in 360?

67. the COB: inflation overreaction?