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Market Index - Thursday Evening Wrap

The S&P/ASX 200 closed 102.5 points lower, down 1.29%.

Aussie stocks came back to earth with a thud today. You could almost say through no fault of our own. Blame those darned Americans I say!
Their tech got belted last night – and so too did ours today. But the belting didn't stop there, all 11 of our major sectors were down today...from defensive Consumer Staples to the highest PE stocks across Technology and Consumer Discretionary.
Energy and Resources weren't the worst today, for a change, but they weren't any good either. Gold, oil, and uranium stocks were summarily turfed from portfolios.
I could go on...and on...because as you will see when you get to the winners list, it was lean...real lean.
Ordinarily, I'd propose you skip reading tonight's Evening Wrap in favour of waiting for the next up day – but that would deprive you of all the great analysis and insights that lie within (particularly in today's ChartWatch!).
So...you might as well join me and...

[URL unfurl="true"]https://www.marketindex.com.au/news/evening-wrap-asx-200-tumbles-over-100-points-as-us-tech-rout-smashes-xero[/URL]

<blockquote data-quote="debtfree" data-source="post: 1289982" data-attributes="member: 20158">Market Index - Thursday Evening WrapThe S&amp;P/ASX 200 closed 102.5 points lower, down 1.29%.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Aussie stocks came back to earth with a thud today. You could almost say through no fault of our own. Blame those darned Americans I say!Their tech got belted last night – and so too did ours today. But the belting didn&#039;t stop there, all 11 of our major sectors were down today...from defensive Consumer Staples to the highest PE stocks across Technology and Consumer Discretionary.Energy and Resources weren&#039;t the worst today, for a change, but they weren&#039;t any good either. Gold, oil, and uranium stocks were summarily turfed from portfolios.I could go on...and on...because as you will see when you get to the winners list, it was lean...real lean.Ordinarily, I&#039;d propose you skip reading tonight&#039;s Evening Wrap in favour of waiting for the next up day – but that would deprive you of all the great analysis and insights that lie within (particularly in today&#039;s ChartWatch!).So...you might as well join me and...[URL unfurl=&quot;true&quot;]https://www.marketindex.com.au/news/evening-wrap-asx-200-tumbles-over-100-points-as-us-tech-rout-smashes-xero[/URL]</blockquote>

[QUOTE="debtfree, post: 1289982, member: 20158"] Market Index - Thursday Evening Wrap [B]The S&P/ASX 200 closed 102.5 points lower, down 1.29%.[/B] Aussie stocks came back to earth with a thud today. You could almost say through no fault of our own. Blame those darned Americans I say! Their tech got belted last night – and so too did ours today. But the belting didn't stop there, all 11 of our major sectors were down today...from defensive Consumer Staples to the highest PE stocks across Technology and Consumer Discretionary. Energy and Resources weren't the worst today, for a change, but they weren't any good either. Gold, oil, and uranium stocks were summarily turfed from portfolios. I could go on...and on...because as you will see when you get to the winners list, it was lean...real lean. Ordinarily, I'd propose you skip reading tonight's Evening Wrap in favour of waiting for the next up day – but that would deprive you of all the great analysis and insights that lie within (particularly in today's [B][I]ChartWatch[/I][/B]!). So...you might as well join me and... [URL unfurl="true"]https://www.marketindex.com.au/news/evening-wrap-asx-200-tumbles-over-100-points-as-us-tech-rout-smashes-xero[/URL] [/QUOTE]

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