Stock Market Analysis for the Week-Ending April 5, 2024

Source — CNBC-AWAAZ

Australia Stock Market

t was another tough day at the office for Aussie investors. But let me put this out there, I bet it wasn’t as bad as you expected given the lead we had from Wall St, right?

Yesterday I referred to investors in gold, copper, and uranium stocks as “lucky”. Today, that list was narrowed to just gold, if you get what I mean.

Unlucky areas of the market, like lithium and iron ore, continued to be unlucky, as was pretty much everything else. On that cheery note, for the last time this week…

Source — https://www.marketindex.com.au/news/evening-wrap-asx-200-slumps-on-bearish-us-lead-high-flyers-copper-and

1. Oil Production — https://www.bnnbloomberg.ca/oil-tops-us-87-but-rally-will-run-into-wall-of-supply-soon-cibc-energy-trader-says-1.2055823.amp.html
2. LNG — https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-shell-and-saudi-aramco-in-final-stage-of-pavilion-energy-talks-sources/ or https://globalnews.ca/news/10405560/latest-milestones-move-cedar-lng-closer-to-getting-a-green-light/
3. Lithium — https://www.fastmarkets.com/metals-and-mining/battery-raw-materials/long-term-forecasts/
4. Automotive OEM -https://auto.hindustantimes.com/auto/electric-vehicles/technological-powerhouses-lag-behind-in-ev-adoption-here-s-why-41712337077367.html
5. ESG — https://www.esgtoday.com/ey-launches-sustainable-finance-hub-to-help-financials-meet-new-esg-reporting-regulatory-requirements/
6. Commodities — https://www.reuters.com/markets/commodities/data-driven-players-help-prolong-record-profits-commodity-trading-says-mckinsey-2024-04-05/ or https://www.livemint.com/market/commodities/why-are-gold-silver-prices-flirting-with-record-highs-despite-resilient-us-dollar-explained-with-5-reasons-11712368021964.html
7. Energy sector — https://www.bnnbloomberg.ca/aramco-ceo-nasser-says-energy-transition-is-visibly-failing-1.2048294
8. Mass timber — https://www.woodworkingnetwork.com/technology/using-wood-build-tall-buildings
9. Geopolitical risks and threats — https://www.marketwatch.com/story/latest-threat-to-stock-market-rally-investors-suddenly-fear-geopolitical-risks-ae5d9eac or https://www.retaildive.com/news/apparel-execs-china-geopolitical-risk-sourcing-aafa-summit-2024/712413/
10. Food — https://www.agri-pulse.com/articles/20911-global-food-commodity-prices-stop-decline
11. Technologies — https://www.crn.com/news/channel-news/2024/10-cool-tech-companies-that-raised-funding-in-march-2024
12. Data breaches — https://cybersecurityventures.com/intrusion-daily-cyber-threat-alert/

Paul Young CPA CGA is a former Senior IBM Customer Success Manager that has deployed over 300 data and AI solutions across geographies for the past 8 years. Paul is also FPA SME on how best to integrate macro and micro indicators as part of the data journey for the operational, management, and regulatory reporting cycles.

Paul_Young_CGA@outlook.com

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Blog — Analysis and Commentary — Stock Market — United States — March 29 2024 — https://www.linkedin.com/pulse/analysis-commentary-usa-canada-stock-market-we-march-paul-young-uqpyc/

Blog — Analysis and Commentary — Australia — Stock Market — WE March 29 2024 — https://www.linkedin.com/pulse/analysis-commentary-stock-market-australia-paul-young-wjhmc/

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Blog — Analysis and Commentary — Stock Market — WE March 15 2024 — https://www.linkedin.com/pulse/stock-market-we-march-15-2024-paul-young-6ghuc/

Blog — Analysis and Commentary — Stock Market — WE March 22 2024 — Australia — https://www.linkedin.com/pulse/stock-market-analysis-we-march-22-2024-australia-paul-young-loznc/

Blog — Top 5 Risks facing the CFO — https://www.linkedin.com/posts/paul-young-055632b_activity-7157006448042856448-vQRm?utm_source=share&utm_medium=member_desktop

Blog — Analysis and Commentary — Stock Market — March 8 2024 — https://www.linkedin.com/pulse/analysis-commentary-stock-market-we-march-8-2024-paul-young-rrblc/

Blog — Analysis and Commentary — Australia — Stock Market — March 8 2024 — https://www.linkedin.com/pulse/analysis-commentary-australia-stock-market-march-8-2024-paul-young-9r11c/

Blog — Analysis and Commentary — Commodities — February 2024 — https://www.linkedin.com/pulse/analysis-commentary-commodities-february-2024-paul-young-kyxoc/

Blog — Trade Analysis — United States — January 2024 — https://www.linkedin.com/pulse/analysis-commentary-trade-united-states-january-2024-paul-young-0b7vc/

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Blog — Analysis and Commentary — Trade — Canada — January 2024 — https://www.linkedin.com/pulse/analysis-commentary-canada-trade-january-2024-paul-young-dfxwc/

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