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Need 4 Speed Read - ASX Report - 12/12/22

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 -  
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CMC Markets ANZ - 
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Trading Idea of the Day
 

NYSE:T - AT&T Inc - (BULLISH - long term & BEARISH - short term)

  • Key levels on the chart - consider taking trades from key support/resistance zones. 
  • Telecom giant AT&T Inc.’s (T) third-quarter results showed strong and sustained momentum in customer additions across its growing 5G wireless and fibre networks.
  • The company beat the consensus EPS estimate by 10.4% and the revenue estimate by 0.6%.
  • Moreover, T added a net of 708,000 postpaid phone customers in the quarter, its ninth consecutive quarter of postpaid customer gains.

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: Ark Innovation ETF cuts 26 holdings

Podcast of the Day: The Lead-Lag Report’s Michael Gayed on this year’s treasury anomaly
 

APAC Daily Report



 

Market Snapshot & Highlights as of 8:00am AEDT


EXPECTATIONS: Energy LOWER (lower oil prices) & Materials MIXED on overall mixed base metal prices.

Global Markets Headlines
 

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


Disclaimer: CMC Markets is an order execution-only service. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

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