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Kram said:
CSL oh how the mighty has fallen.
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I still have mine that I bought @ $101 per share a few years ago now (like 10 years ago, something like that). So still in the black but prefer them at $300 per share.

My Lynas (LYC) shares, now doing very nicely. Bought originally @ $2 per share, sold @ $6 then rebought in @ $5 and they were up over $20 a share, dipped a little last few days but still, very happy. :).
 
Kram said:
I looked at lyc as a trade when it was sitting in the top end of that long running range but then it finally broke out.
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LYC on the downward elevator with a bullet at the moment.

$21.27 on the 14th of Oct now 2 weeks later $14.79. Its now on the roller coaster of ups and downs.
 
Australian shares are set to drop 1.7 per cent at the open, tracking broad losses on Wall Street as the probability of a Federal Reserve rate cut next month fell to near a coin toss from almost a certainty a month ago.

The Dow slump 772 points near 3.20pm in New York, dragged down by a 7.7 per cent drop in Walt Disney, a 4.8 per cent drop in Nvidia and a 4.4 per cent slide in Caterpillar. Information tech led nine of the S&P 500’s industry sectors lower.

Tesla tumbled 6.8 per cent, partially paring an earlier deeper swoon. The NYSE Fang + Index, which tracks that megacap techs, fell 2.4 per cent.

The probability of a quarter point rate cut next month briefly fell below 50 per cent, according to federal funds’ futures. At 3.10pm, it was at 51.6 per cent, from 62.9 per cent the previous day and 95.5 per cent a month ago.

While the US federal government shutdown has ended, its impact on data that policymakers use to make decisions is uncertain, and that’s dented expectations for rate cuts.

“There will be lingering disruptions” to economic data for several months, said Strategas Securities Don Rissmiller. “It’s understandable that monetary policymakers want to move prudently – but this leaves open the possibility that US labour market conditions weaken further in the fourth quarter.”

Still, many Fed policymakers seem “comfortable” leaving the US economy on its own for now, Rissmiller said.

The latest weekly survey from the American Association of Individual Investors shows that almost half of retail investors are pessimistic. Carson Group strategist Ryan Detrick said that’s hard to reconcile with the S&P 500 within 1 per cent of its record high and with the benchmark on track for a potential third consecutive year of 20 per cent gains.

Market highlights​

ASX 200 futures are pointing down 146 points or 1.7 per cent to 8632.
All US prices near 3.15pm New York time.

  • AUD -0.2% to US65.29¢
  • Bitcoin -3.3% to $US98,237
  • On Wall St: Dow -1.6% S&P -1.7% Nasdaq -2.4%
  • VIX +3.51 to 21.02
  • Gold -0.7% to $US4165.49 an ounce
  • Brent oil +0.5% to $US63.05 a barrel
  • Iron ore +0.1% to $US102.85 a tonne
  • 10-year yield: US 4.11% Australia 4.42%
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www.afr.com

ASX 200 LIVE: ASX to drop, Wall St slides on rate-cut clouds

Australian shares are set to plunge; Tesla sheds near 7pc; Nvidia falls 4pc; bitcoin below $US99k; US rate cut probability briefly seen below 50pc. Follow live.
www.afr.com www.afr.com
 

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I'm back to two legs into shorts via put warrants. AI stocks propping up the Nasdaq looking shaky.
 
I see the ASX 200 has taken a big hit.....42 billion wiped out in 90 minutes according to some news articles.

My concern...i changed my Superannuation investment plan....it was 50% international shares and 50% australian shares which was ultra high risk (looking for high reward/bigger return), but earlier this week i changed it to 70% international shares and 30% australian shares. Again - high risk, high reward.

But with the share market falling....do i need to change investment plan to conservetive? I'm 38 so I have time to recover from falls/crashes on share markets etc.
 
WTC is looking appealing. Looking past Mr White's scandal the company has a dominant market share in a growing industry. A drop close to $60 this week will probably have me placing an order
 
I’m on
1AD - been burnt so bad with this one but quadrupled down, hoping for a better 2026
CDT - :(
IXR - rare earth metals
PLS - been holding for a long time, sold a bunch a few years back at the peak
WCN
OCC - will buy more if the price drops in the 90s, I’m heavy and bullish on this stock, not a 10 bagger in the short term, but expecting revenue growth and commensurate SP increase

Not financial advice obviously just sharing my spread - good luck in 2026 all
 

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Been accumulating EVR over past few months. One to watch. DYOR, NFA.

Picked up some decent parcels in SYA (now ELV), CXO, LTR and PLS during the down period.

Held SRL for years and was down on that on by around 20% or so but sold at 7$ for a massive cap gain - many bags were made. definitely the pick of 2026 and arguably one of the best picks I'll ever have.

AVZ stuck in legal battle and I'm close to writing that off. Shame rampant corruption has impacted this one. was up 18 bags at the time of 3 years and ongoing suspension. It's still battling and might actually be close to resolve. who knows.
 
I didn't think Commonwealth Bank (CBA) was capable of a 7%+ movement in a day, upward, when it's priced as high as it is.

$2.35 fully franked dividend. $3.36 value per share. That's 2% for half a year based on that current $170 price.

I do not understand. It's 5.8% half year return for me but I bought them when they were $58 a share.
 

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Kram said:
Broadly it's a funny market atm.
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You can say that again!

Loving it!

BHP, LYC, WDS even crappy Westpac all up up and away :)
 
RustyHawk said:
You can say that again!

Loving it!

BHP, LYC, WDS even crappy Westpac all up up and away :)
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Probably going to sell half my BHP after its big run. Hold WDS.

I bought GNG and MND years ago, 2 of the best mining service companies but they have gone up so much now they make up too high of a portfolio % now have to sell some there. Gold as well.

It's funny now that every man is on resources now I'm looking to trim stuff I bought when nobody wanted to be there.
 
Precious metals on a tear again, as expected
 
Kram said:
Halved BHP, in at 39 out at 58.

10k down on BAP though, what a disaster. Will dump that for a tax loss.
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You've got the balls there Kram.

I chickened out [ or got greedy] in @ $32 and thought if it makes $64 i will take 25% or up to 50% out.

The good reason why I dont want to sell is the dividend. BHP have been brilliant with their returns.

Been tracking FMG and they have equally good dividend payouts. Might still sell some BHP and move over to FMG if its worth it.
 

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