MARKET WRAPS

Evening Wrap: ASX 200 logs fourth straight win as momentum builds towards a major breakout, gold stocks' rally continues as energy's slide deepens

The S&P/ASX 200 closed 48.6 points higher, up 0.55%.

Lead Writer and Presenter
Wed 17 June 2026, 17:33 AEST (1h ago)
13 min read

Mentioned

In this article

The ASX 200 climbed to its best close since April as BHP hit a fresh record high and oil tumbled to a three-month low ahead of an expected US-Iran peace deal, with the falling energy price feeding straight through into lower diesel costs for miners and easing inflation expectations more broadly. Gold stocks led the gains while energy producers bore the full brunt of the oil collapse.

Be sure to click/scroll through for the usual reporting of the major sector and stock-specific moves, the broker responses to them, as well as all the key economic data in tonight's Evening Wrap. Also, I have detailed technical analysis on the Nasdaq Composite and the S&P/ASX 200 in today's ChartWatch.

Let’s dive in!


Today in Review

Name
Value
% Chg
Major Indices
ASX 2008,966.3
+0.55%
All Ords9,185.9
+0.60%
Small Ords3,605.3
+1.45%
All Tech3,005.9
+1.76%
Emerging Companies3,105.1
+1.77%
Currency
AUD/USD0.7057
-0.15%
US Futures
S&P 5007,608.25
+0.28%
Dow Jones52,514.0
+0.08%
Nasdaq30,535.75
+0.73%
Name
Value
% Chg
Sector
Information Technology1,861.2
+2.03%
Consumer Discretionary3,814.1
+1.16%
Materials25,927.2
+1.15%
Health Care24,226.1
+0.90%
Financials9,295.3
+0.54%
Real Estate3,778.0
+0.48%
Communication Services1,650.1
+0.13%
Industrials8,441.3
+0.08%
Consumer Staples12,685.5
-0.90%
Utilities9,751.7
-1.68%
Energy9,858.3
-2.26%

ASX 200 Intraday Chart

ASX 200 Intraday Chart

Markets

The S&P/ASX 200 (XJO) finished 48.6 points higher at 8,966.3, 0.9% from its session low and just 0.1% from its high. Reflecting the building strength in the benchmark, in the broader-based S&P/ASX 300 (XKO) advancers beat decliners by a solid 213 to 68. FOMO is building! 🤞 (we just need the supply side to get on board and properly HOFU!)

The Gold Sub-Index (XGD) (+3.8%) continued to draw buyers even as the sector's most dramatic gains of the past week begin to moderate — precious metals prices edged higher rather than crashing, and the broader lower-input-cost theme that has powered miners' margins this week remains firmly in play. Resolute Mining (RSG) (+8.6%), Pantoro Gold (PNR) (+8.2%), Evolution Mining (EVN) (+2.9%), Newmont (NEM) (+2.7%), and Northern Star Resources (NST) (+2.6%) all advanced.

Information Technology (XIJ) (+2.0%) staged a full reversal of yesterday's "SaaSpocalypse" echo, despite a modest overnight stumble in the Nasdaq — proof that local sentiment can move independently of offshore leads in the current volatile environment. Siteminder (SDR) (+10.1%), Weebit Nano (WBT) (+4.6%), WiseTech Global (WTC) (+4.1%), and Xero (XRO) (+3.5%) all surged.

Australian 10-year Government Bond Yield chart 17 June 2026.png
Australian 10-year Government Bond Yield chart

Consumer Discretionary (XDJ) (+1.2%) benefited from growing confidence that further RBA rate hikes are off the table this year, alongside a separate tailwind for travel stocks from falling oil prices. The federal government's removal of "do not travel" advice on several Middle Eastern countries added a fresh, sector-specific catalyst — travellers can now transit or visit the region without voiding travel insurance. Web Travel (WEB) (+11.1%), Flight Centre Travel (FLT) (+5.3%) — despite slashing its full-year profit guidance to $275–295 million from $310–345 million on Middle East-related disruption — Myer (MYR) (+5.7%), Super Retail Group (SUL) (+3.1%), Domino's Pizza Enterprises (DMP) (+2.7%), and Nick Scali (NCK) (+1.9%) all gained.

SGX Iron Ore Futures, benchmark contract, back-adjusted chart 17 June 2026.png
SGX Iron Ore Futures, benchmark contract, back-adjusted chart

Materials (XMJ) (+1.1%) shrugged off generally negative commodity price leads — the falling oil price and the resulting windfall on diesel bills, one of the sector's largest expenses, appears to be the dominant driver rather than the underlying metal prices themselves. SGX iron ore futures fell 2.2% to US$99.35/t, the first close below the psychologically significant US$100 mark since March 4, while COMEX copper futures added a modest 0.2% to US$6.518/lb.

BHP (BHP) (+0.6%) closed at a fresh record high of $65.59 as aluminium and copper gained overnight, while Fortescue (FMG) (-1.1%) bucked the broader sector strength, falling on the iron ore price weakness.

Lithium stocks were broadly positive despite benign underlying commodity moves — GFEX lithium carbonate futures added just 0.6% to CNY 171,300/t — with the gains driven instead by a wave of positive broker research. Wildcat Resources (WC8) (+16.8%) surged after Macquarie initiated coverage at Outperform on the Tabba Tabba lithium project developer, while Core Lithium (CXO) (+7.3%), Liontown Resources (LTR) (+3.9%), and Pilbara Minerals (PLS) (+2.7%) also advanced.

Financials (XFJ) (+0.5%) and Real Estate (XPJ) (+0.5%) both lagged the broader market's enthusiasm, even as the same falling-yield and lower-rate-outlook themes that lifted other sectors were technically in play. Macquarie Group (MQG) (+1.2%) hit a fresh record high of $251.93, with Commonwealth Bank (CBA) (+1.1%) and ANZ (ANZ) (+0.7%) also gaining — but Westpac (WBC) (-0.5%) and National Australia Bank (NAB) (-0.6%) both fell, a reminder that lingering concerns about the big banks' exposure to a softening property market have not entirely faded.

COMEX Brent Crude OIl Futures, benchmark contract, back-adjusted chart 17 June 2026.png
ICE Brent Crude Oil Futures, benchmark contract, back-adjusted chart

Energy (XEJ) (-2.3%) was the session's clearest loser as benchmark Brent crude futures plunged 5.1% overnight before easing a further 0.7% to US$78.39/bbl in Asian trade — a decline that, as one market participant put it, travels straight from energy screens into the inflation narrative, then into bond markets, then into the Fed's policy path, then into the US dollar, then into gold.

Woodside Energy (WDS) (-3.6%) fell to its lowest level since before the Iran war began, with Beach Energy (BPT) (-2.9%), Santos (STO) (-1.2%), and Karoon Energy (KAR) (-13.4%) — taking its losses over the past week to nearly 30% as yesterday's Who Dat field production cut and deferred restoration to the second half of 2027 continued to frustrate investors — all sharply lower.

Thermal coal prices suffered a similar two-day decline, with globalCoal Newcastle coal futures down a further 1.6% to US$134.30/t, dragging Yancoal Australia (YAL) (-3.8%), Whitehaven Coal (WHC) (-2.2%), and New Hope Corp. (NHC) (-1.1%) lower.

Utilities (XUJ) (-1.7%) suffered for the same reason as Energy, given the significant overlap in earnings drivers between the two sectors. APA Group (APA) (-3.0%) and AGL Energy (AGL) (-1.6%) were the sharpest fallers, with Origin Energy (ORG) (-0.7%) also lower.

Consumer Staples (XSJ) (-0.9%) suffered for no reason beyond its defensive character falling out of favour — having prospered when geopolitical nerves were frayed, investors now have little use for its safety as risk appetite improves. Coles (COL) (-1.3%) and Woolworths (WOW) (-1.3%) both fell.


Today's best ASX Top 300 gainers

Company
Last Price
Change $
Change %
1mo %
1yr %
EQ Resources (EQR)$0.27+$0.03+12.5%+10.2%+694.1%
WEB Travel Group (WEB)$3.01+$0.30+11.1%+23.4%-34.6%
SiteMinder (SDR)$4.25+$0.39+10.1%+47.1%-10.1%
Resolute Mining (RSG)$1.20+$0.095+8.6%-8.7%+81.8%
Pantoro Gold (PNR)$3.05+$0.23+8.2%-8.4%-15.7%
Core Lithium (CXO)$0.295+$0.02+7.3%-9.2%+207.3%
Catalyst Metals (CYL)$6.44+$0.41+6.8%+8.6%+1.9%
Wagners Holding Company (WGN)$4.85+$0.30+6.6%+5.4%+145.6%
Emerald Resources NL (EMR)$6.39+$0.39+6.5%+6.1%+35.4%
ARB Corporation (ARB)$19.60+$1.19+6.5%+9.6%-35.4%
Alkane Resources (ALK)$1.675+$0.10+6.3%+10.6%+119.0%
Genesis Minerals (GMD)$6.20+$0.36+6.2%-1.7%+32.8%
Vault Minerals (VAU)$4.99+$0.28+5.9%+7.5%+80.6%
Ora Banda Mining (OBM)$1.395+$0.075+5.7%+3.0%+41.6%
Sunrise Energy Metals (SRL)$17.82+$0.95+5.6%+36.1%+2641.5%
Regis Resources (RRL)$7.05+$0.36+5.4%+6.0%+47.5%
Flight Centre Travel Group (FLT)$12.44+$0.63+5.3%+21.0%-0.9%
PYC Therapeutics (PYC)$1.335+$0.065+5.1%-6.6%+13.9%
Westgold Resources (WGX)$5.43+$0.26+5.0%+2.6%+78.0%
Bellevue Gold (BGL)$1.63+$0.075+4.8%+1.9%+63.8%

Today's worst ASX Top 300 losers

Company
Last Price
Change $
Change %
1mo %
1yr %
Karoon Energy (KAR)$1.425-$0.22-13.4%-31.8%-29.5%
Elevra Lithium (ELV)$12.20-$0.90-6.9%+10.8%+408.3%
Elsight (ELS)$7.82-$0.37-4.5%+25.1%+586.0%
Southern Cross Electrical Engineering (SXE)$4.63-$0.19-3.9%+11.0%+166.9%
Yancoal Australia (YAL)$5.85-$0.23-3.8%-12.8%-1.8%
Woodside Energy Group (WDS)$28.96-$1.08-3.6%-7.3%+12.7%
Centuria Capital Group (CNI)$2.19-$0.08-3.5%+30.4%+30.0%
APA Group (APA)$10.42-$0.32-3.0%-1.3%+24.2%
Tuas (TUA)$2.62-$0.08-3.0%-57.0%-56.0%
Beach Energy (BPT)$0.99-$0.03-2.9%-10.4%-26.1%
IperionX (IPX)$4.57-$0.12-2.6%-12.3%+1.1%
Contact Energy (CEN)$7.73-$0.185-2.3%-6.0%-10.9%
Stanmore Resources (SMR)$2.59-$0.06-2.3%+12.1%+33.9%
Whitehaven Coal (WHC)$8.36-$0.19-2.2%+4.9%+45.9%
Generation Development Group (GDG)$3.75-$0.08-2.1%-7.9%-34.0%
Charter Hall Group (CHC)$23.21-$0.42-1.8%+17.8%+22.0%
DroneShield (DRO)$2.83-$0.05-1.7%-13.5%+50.5%
Lindian Resources (LIN)$0.865-$0.015-1.7%+30.1%+620.8%
Meridian Energy (MEZ)$4.78-$0.08-1.6%-1.0%-11.6%
AGL Energy (AGL)$8.54-$0.14-1.6%-6.1%-17.9%

Chartwatch

Nasdaq Composite Index

Analysis

From today’s ChartWatch LIVE Webinar:

Then we get last night’s candle, which kinda tells us: actually, that is a bit of a critical supply point [26708]. So maybe, 1/2RP is a good place to be… That balance at this point in time. So, I’m just sitting on the fence — and some people would say that sitting on the fence can be rather uncomfortable — but for me now, with an orange short term trend ribbon, I think it’s the right place to be. But the long term ribbon is still very, very good — so I’m more than happy to back that ‘glass is half full’ in many ways…

Full analysis in the video, the recording of which you can watch via the link below! 📺+🍿+👇

View

1/2RP on the Comp (RP = Risk Position — it reflects my personal allowable capital allocation limit for my investments in US stocks. So 1/2RP is 50%, 2/3RP is 67% and FRP is 100% 🪣).

Key levels

27191 is the key point of supply. 24980 is the key point of demand. The short term uptrend ribbon (presently 25792-26102) may also come into play before that.


S&P/ASX 200 (XJO)

Analysis

On the verge of greatness… Golden Le Creuset greatness!

C’mon OTP… You can do it… We believe in you! 🙌

(Well, not really, but we wouldn’t say that to your face! 😉)

Call it dumb hope or canny anticipation — either way — 2/3RP is my new portfolio risk setting. 💪

Why?

Well, I figure that if 8987-9022 held any motivated latent supply — we would have seen it by now. I suggest that close enough is good enough for anyone waiting in that zone to sell, and today's downward pointing shadow and close near the high demonstrates the supply side had zero net impact today.

If my hunch that 8987-9022 is consumed, then there’s only 9201 standing in the way of G + L + C.

Oh, the Old Pot will be properly HOT by then!!! ♨️🔥

View

I am now 2/3RP 🪣 on the OTP (i.e., my personal allowable capital allocation limit for my investments in Australian stocks is 50%).

Key levels

8987-9022 is the key zone of supply. Beyond that, it's 9201. Demand is in the 8485-8561 range, but the short- and long-term trend ribbons (presently 8687-8787) will likely also increasingly come into play as a dynamic zone of excess demand.

(Glossary of acronyms! Old Tin Pot (OTP): S&P/ASX 200 | MOTN: More Often Than Not | FOMO: Fear Of Missing Out | HOFU: Holding On For Upside | BTD: Buy The Dip | STR: Sell The Rally | RP: Risk Position)

***NEW VIDEO DROPPED!!! 📺🔥***

Why Elon Musk should sell 1.6 billion SpaceX shares right away... (and a major Nasdaq top signal!)

ChartWatch LIVE Webinar

ChartWatch LIVE Webinars – WEEKLY Wednesday's @ 12pm AEDT

Learn more about technical analysis and trend following through real case studies on ASX stocks. Australia's premier technical analyst, Carl Capolingua, shares his unique insights on stocks as requested by viewers. Ask about a company in your portfolio or anything related to trading and investing and get Carl's expert opinion.

Places are limited so >REGISTER NOW!<


Economy

Today

  • There weren't any major economic data releases in our time zone today...

Later this week

Wednesday

  • 20:30 USA May Core Retail Sales (+0.5% m/m forecast vs +0.5% m/m in April)

  • 20:30 USA President Trump speaks

Thursday

  • 02:00 Federal Reserve FOMC Meeting (New Chairman Kevin Warsh's first meeting!)

    • Federal Funds Rate (no change at +3.75% forecast)

    • FOMC Economic Projections & Statement

  • 02:30 New Chairman Kevin Warsh's first press conference

Friday

  • ALL DAY CHN Holiday / Non trading day

  • ALL DAY USA Holiday / Non trading day


Interesting Movers

Trading higher

  • Stealth Group Holdings (SGI) $1.27
    +41.6%

    Preliminary unaudited FY26 results point to another record year, with sales of at least $165 million (+13.7%), revenue of $146 million (+5.8% like-for-like), EBITDA of $14.3 million (+44.4%), and NPAT of $5.8 million (+87.1%); the company reaffirmed its FY28 target of $500 million in annual sales with an 8–12% EBITDA margin.

  • ARN Media (A1N) $0.28
    +31.0%

    Settled all legal proceedings with former broadcaster Kyle Sandilands, agreeing to pay $12.09 million in cash plus $1.5 million in advertising over three years, while ARN will receive 19.9% of revenue from Sandilands' planned new media venture for up to three years.

  • Dateline Resources (DTR) $0.20
    +30.0%

    Announced geophysical interpretation results for its Music Valley Heavy Rare Earth Project in California, identifying three target areas of structural interest that will be the focus of future mapping, sampling, and drilling campaigns.

  • Alligator Energy (AGE) $0.05
    +28.1%

    Shares were placed into a trading halt pending the release of an announcement, with securities to remain halted until no later than Friday, June 19.

  • Turaco Gold (TCG) $0.56
    +13.8%

    Released a pre-feasibility study for the Afema Gold Project in Côte d'Ivoire, declaring a maiden JORC Probable Ore Reserve of 1.91 million ounces and outlining a near-term development pathway to a 200,000+ ounce per annum open pit operation.

  • EQ Resources (EQR) $0.27
    +11.5%

    Commenced water transfer activities at its Barruecopardo tungsten operation in Spain, an important operational step toward re-establishing access to ore in Phase 5 of the lower pit.

  • AIC Mines (A1M) $0.74
    +8.0%

    Reported high-grade copper, gold, and silver drilling results from resource definition and extension drilling at the Jericho deposit in Northwest Queensland, including 8.1 metres grading 2.5% copper, 1.1 g/t gold and 2.5 g/t silver.

  • Symal Group (SYL) $2.90
    +7.4%

    Agreed to acquire 100% of Queensland-based Shamrock Civil for $51 million upfront, with the target generating approximately $220 million in annual revenue and forecast FY26 underlying EBITDA of approximately $16 million; the deal is expected to be EPS accretive in Symal's first full year of ownership, subject to ACCC clearance.

  • Flight Centre Travel Group (FLT) $12.44
    +5.3%

    Slashed FY26 profit guidance to $275–295 million from $310–345 million as the Middle East conflict wiped approximately $50 million from expected fourth-quarter earnings through cancellations and weaker long-haul bookings; the company unveiled a new $200 million on-market share buyback and noted underlying nine-month profit had still risen almost 10%, with grow

  • Nickel Industries (NIC) $1.01
    +2.6%

    Reported approximately US$80 million in April-May adjusted EBITDA and confirmed it would not proceed with the ONI matte converter investment in favour of HPAL technology, prompting major shareholder Shanghai Decent to refund a US$15 million option fee originally paid in 2023.

  • Sims (SGM) $29.96
    +1.8%

    Upgraded underlying EBIT guidance to $420–435 million from $350–400 million, citing stronger non-ferrous markets, improving ferrous trading conditions, and a significant lift in North American operations.

Trading Lower

  • Bougainville Copper (BOC) $0.39
    -33.9%

    Was notified that the Bougainville Executive Council approved a 25-year large-scale mining lease over the same land covered by the company's exploration licence, suspending and subordinating its rights under that licence for as long as the new lease remains in force.

  • NOVONIX (NVX) $0.19
    -21.9%

    Launched a $20.7 million institutional placement at $0.16 per share, a 31.2% discount to the five-day VWAP and a 33.3% discount to the last traded price, alongside a non-underwritten share purchase plan targeting a further $3.0 million, with proceeds directed toward capital expenditure to support production capacity.

  • Karoon Energy (KAR) $1.43
    -13.4%

    Extended its losses to nearly 30% over the past week as the market continued to digest the cut to Who Dat field production guidance and the deferral of full output restoration to the second half of 2027; the absence of a partial restart option in the interim is also weighing on investor sentiment, on top of broader pressure from weaker oil prices following progress toward a Middle East peace deal.


Broker Moves

Company
Broker
Action
Rating
Price Target
A4NAlpha HPA
Bell PotterRetained
Speculative Buy
$1.50
Ord MinnettDowngraded
Accumulate
$0.90
ANGAustin Engineering
Shaw and PartnersRetained
Buy
$0.35
BOEBoss Energy
UBSRetained
Neutral
$1.55
BREBrazilian Rare Earths
Ord MinnettRetained
Speculative Buy
$6.95
CHCCharter Hall Group
CitiRetained
Buy
$26.50
CKFCollins Foods
CitiRetained
Neutral
$10.45
CYLCatalyst Metals
UBSRetained
Buy
$9.25
DMPDomino's Pizza Enterprises
UBSRetained
Buy
$22.00
DXCDexus Convenience Retail REIT
Bell PotterRetained
Buy
$3.15
DYLDeep Yellow
UBSRetained
Buy
$2.15
EOSElectro Optic Systems Holdings
Ord MinnettRetained
Speculative Buy
$11.00
FMGFortescue
UBSRetained
Neutral
$19.40
GMGGoodman Group
MacquarieRetained
Outperform
$32.03
GOZGrowthpoint Properties Australia
CitiInitiated
Buy
$2.60
GYGGuzman Y Gomez
UBSRetained
Buy
$24.00
IAGInsurance Australia Group
MacquarieRetained
Outperform
$9.00
KARKaroon Energy
JardenRetained
Buy
$2.30
MacquarieDowngraded
Underperform
$1.50
MorgansUpgraded
Hold
$1.67
Ord MinnettRetained
Buy
$2.30
RBC Capital MarketsRetained
Sector Perform
$2.30
LOVLovisa Holdings
UBSRetained
Buy
$26.00
MEIMeteoric Resources NL
MacquarieRetained
Outperform
$0.45
MINMineral Resources
UBSRetained
Buy
$83.00
MM1Midas Minerals
Canaccord GenuityRetained
Speculative Buy
$1.50
NEMNewmont Corporation
UBSRetained
Buy
$195.00
NGINavigator Global Investments
MorgansRetained
Buy
$3.42
NXGNexGen Energy (Canada)
UBSRetained
Buy
$21.00
NXTNEXTDC
MacquarieRetained
Outperform
$18.30
QBEQBE Insurance Group
MacquarieRetained
Outperform
$24.60
RGNRegion Group
CitiRetained
Buy
$2.60
RIORio Tinto
UBSRetained
Neutral
$183.00
S32South32
UBSRetained
Buy
$5.10
SCGScentre Group
CitiRetained
Buy
$4.40
SEKSEEK
UBSRetained
Buy
$18.20
SGMSims
JefferiesUpgraded
Hold
$31.00
SGPStockland
CitiRetained
Neutral
$4.30
SUNSuncorp Group
MacquarieRetained
Outperform
$20.30
TCGTuraco Gold
Canaccord GenuityRetained
Speculative Buy
$1.75
TCLTransurban Group
MorgansDowngraded
Sell
$12.50
Ord MinnettDowngraded
Hold
$14.40
TWETreasury Wine Estates
CitiRetained
Buy
$5.50
UNIUniversal Store Holdings
UBSRetained
Buy
$9.00
WC8Wildcat Resources
MacquarieInitiated
Outperform
$0.90
WHCWhitehaven Coal
UBSRetained
Buy
$9.10

Scans

Top Gainers

Code
Company
Last
% Chg
NORNorwood Systems Ltd$0.018+100.00%
CXUCauldron Energy Ltd$0.09+34.33%
NRXNoronex Ltd$0.012+33.33%
SGIStealth Group Holdings Ltd$1.19+32.96%
A1NArn Media Ltd$0.275+30.95%
View all top gainers

Top Fallers

Code
Company
Last
% Chg
BOCBougainville Copper Ltd$0.38-35.59%
NVXNovonix Ltd$0.18-25.00%
GGRGolden Globe Resources Ltd$0.165-21.43%
INVInvestsmart Group Ltd$0.14-17.65%
APLAssociate Global Partners Ltd$0.25-16.67%
View all top fallers

52 Week Highs

Code
Company
Last
% Chg
NORNorwood Systems Ltd$0.018+100.00%
CXUCauldron Energy Ltd$0.09+34.33%
HT8Harris Technology Group Ltd$0.028+21.74%
ORPOrpheus Uranium Ltd$0.084+18.31%
A1MAic Mines Ltd$0.745+8.76%
View all 52 week highs

52 Week Lows

Code
Company
Last
% Chg
BOCBougainville Copper Ltd$0.38-35.59%
NVXNovonix Ltd$0.18-25.00%
AKGAcademies Australasia Group Ltd$0.09-14.29%
MAPMicroba Life Sciences Ltd$0.039-9.30%
KKOKinetiko Energy Ltd$0.036-8.86%
View all 52 week lows

Near Highs

Code
Company
Last
% Chg
WVOLiShares MSCI World Ex Aust Minimum Volatility ETF$45.48-0.31%
EGHEureka Group Holdings Ltd$0.63+1.61%
GCIGryphon Capital Income Trust$2.060.00%
VVLUVanguard Global Value Equity Active ETF$82.34-0.32%
IHDiShares S&P/ASX DIV Opportunities Esg Screened ETF$17.550.00%
View all near highs

Relative Strength Index (RSI) Oversold

Code
Company
Last
% Chg
KARKaroon Energy Ltd$1.425-13.37%
FARFAR Ltd$0.285+1.79%
EMLEML Payments Ltd$0.305-1.61%
BOCBougainville Copper Ltd$0.38-35.59%
AD8Audinate Group Ltd$1.795-2.97%
View all RSI oversold

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

17/06/2026