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Market Index - Monday Evening Wrap

The S&P/ASX 200 closed 68.3 points higher, up 0.86%.

Any gain is a good gain, but it was made even sweeter today by the fact that it was broad-based (all 11 of the major ASX sectors rose, including nearly 3 rising stocks for every faller), and we closed a just whisker away from the session's high.
Closes near the high, particularly on days that showed a solid gain – indicate excess demand sustained into the close. Likely, the only thing that stopped the demand-side from acquiring more stock was...ding ding ding ding...the closing bell! It's usually a good sign demand will pick up tomorrow where it left off today...
All things being equal.
That is: No crazy stuff happening in global stock or commodity markets tonight!
For all of the big moves in all the big (and small) stocks on our market today, plus technical analysis of the Russell 2000 and High Grade Copper, plus all the key economic data points to look out for this week, and all the big broker moves for the day...
Let's dive in!

[URL unfurl="true"]https://www.marketindex.com.au/news/evening-wrap-asx-200-logs-solid-gain-on-surging-tech-consumer-stocks-gold[/URL]

<blockquote data-quote="debtfree" data-source="post: 1290441" data-attributes="member: 20158">Market Index - Monday Evening WrapThe S&amp;P/ASX 200 closed 68.3 points higher, up 0.86%.&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; Any gain is a good gain, but it was made even sweeter today by the fact that it was broad-based (all 11 of the major ASX sectors rose, including nearly 3 rising stocks for every faller), and we closed a just whisker away from the session&#039;s high.Closes near the high, particularly on days that showed a solid gain – indicate excess demand sustained into the close. Likely, the only thing that stopped the demand-side from acquiring more stock was...ding ding ding ding...the closing bell! It&#039;s usually a good sign demand will pick up tomorrow where it left off today...All things being equal.That is: No crazy stuff happening in global stock or commodity markets tonight! <img class="smilie smilie--emoji" loading="lazy" alt="🙏" title="Folded hands&nbsp; &nbsp; :pray:" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f64f.png" data-shortname=":pray:" />For all of the big moves in all the big (and small) stocks on our market today, plus technical analysis of the Russell 2000 and High Grade Copper, plus all the key economic data points to look out for this week, and all the big broker moves for the day...Let&#039;s dive in![URL unfurl=&quot;true&quot;]https://www.marketindex.com.au/news/evening-wrap-asx-200-logs-solid-gain-on-surging-tech-consumer-stocks-gold[/URL]</blockquote>

[QUOTE="debtfree, post: 1290441, member: 20158"] Market Index - Monday Evening Wrap [B]The S&P/ASX 200 closed 68.3 points higher, up 0.86%.[/B] Any gain is a good gain, but it was made [I]even sweeter[/I] today by the fact that it was broad-based (all 11 of the major ASX sectors rose, including nearly 3 rising stocks for every faller), [I]and[/I] we closed a just whisker away from the session's high. Closes near the high, particularly on days that showed a solid gain – indicate excess demand sustained into the close. Likely, the only thing that stopped the demand-side from acquiring more stock was...ding ding ding ding...the closing bell! It's usually a good sign demand will pick up tomorrow where it left off today... All things being equal. That is: No [I]crazy stuff[/I] happening in global stock or commodity markets tonight! 🙏 For all of the big moves in all the big (and small) stocks on our market today, plus technical analysis of the Russell 2000 and High Grade Copper, plus all the key economic data points to look out for this week, and all the big broker moves for the day... [B]Let's dive in![/B] [URL unfurl="true"]https://www.marketindex.com.au/news/evening-wrap-asx-200-logs-solid-gain-on-surging-tech-consumer-stocks-gold[/URL] [/QUOTE]

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