X

Select the account you'd like to open

Newsletter

Need 4 Speed Read - ASX Report - 30/11/22

ASX trading

G'day folks and welcome to another trading day with your friendly, neighbourhood CMC Market Analyst! 

For real-time up-to-date data/news/research/ideas/strategies, check out our insights panel on the CMC Markets Invest platform and follow us on Twitter: 

Azeem Sheriff - @Azeem__Sheriff 
Tina Teng - @Tinateng_CMC
CMC Markets ANZ - @CMCMarketsAUSNZ
CMC Markets Singapore - @CMCMarketsSG
CMC Markets Canada - @CMCMarkets_CA

Trading Idea of the Day
 

NASDAQ:INTL - Intel Corporation (BULLISH - long term)

  • Key levels on the chart - consider taking trades from key support/resistance zones.
  • CHIPS act – roughly $280B boost for new funding in domestic research and manufacturing of semiconductors in USA.
  • Direct competition with TSMC in Taiwan.
  • Ongoing China/US tensions, it will be difficult for China to invade Taiwan as they will need their support against USA.
  • Could we see a paradigm shift back to the US with more investments coming from local companies?
  • Dividend yields approximately 5% p/a.

ASX & Economic Key Events


ASX Key Events Calendar (TODAY)

Economic Key Events (TODAY)

Economic Key Events (YESTERDAY)

OPTO For Investors Research


Article of the Day: Falling dollar boosts US Global Go Gold and Precious Metal Miners ETF

Podcast of the Day: Michael Loukas of TrueMark on why diversification isn’t always key
 

APAC Daily Report


Click here to access our daily APAC report, prepared by my fellow market analyst @TinaTeng_CMC
 

Market Snapshot & Highlights as of 8:00am AEDT


EXPECTATIONS: Energy HIGHER (higher oil prices) & Materials HIGHER on overall commodity prices.

Global Markets Headlines
 

(All news & data sourced from AFR / The Australian / Bloomberg / Reuters / CNBC / Wall Street Journal / Morningstar / OPTO / Trading Economics)


Sign up for market update emails