ASX Daily Rundown | EchoIQ Excites with FDA Clearance

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00:00 Intro
02:08 Two Tweets - Bonds, Labour Market and Inflation
09:53 ASX Today - Negative Day for Mining and China
15:00 Day's Top Gainers - Greenx Metals (GRX)
17:47 EchoIQ (EIQ) is STOCK of the Day
21:39 WRKR (WRK) Chart is a Thing of Beauty
22:27 Novonix (NVX) is No.2 Stock of the Day
25:05 Orthocell (OCC) Chart Update
25:34 Day's Top Losers - Altech Batteries (ATC) and HPC
28:56 Redox (RDX) Chart
31:10 Cochlear (COH) and Apple earbuds plus Chart
32:42 PE Ratio of XJO and Ripe for a Pullback?
37:00 Weekly Cup and Handle Pattern for Capral (CAA)
38:41 Capral (CAA) Cancelled their HY Dividend
39:32 My Background
42:06 Horizon Oil (HZN) Chart is Stellar

► How to Find the BEST Small Cap Stocks

► What is an Appendix 4C?

► Personal and Business Inquiries

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I was worried something happened to you today. Was looking out for todays coverage. Good to see you well.

brandonr
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😮🙏 Thanks for sharing your background, Knepp'* 😁

YourFrienjamin
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in 1HY report:
Capral’s solid first half performance and cash position supports continuing distributions to shareholders.

Capral announced the commencement of another on-market share buy-back on or about 23rd February 2024 of up
to 10% of issued shares during the 2024 year. During 1H24, Capral acquired 340, 335 shares, equivalent to 18cps.
No interim dividend declared (1H23:20cps).

JustJamesDean
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What are your thoughts on BCI? Looks like it wants to break above resistance level at 31 cents

landylee
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Further to your point on the current 'frothy' valuation of the ASX, the earnings yield of the All Ordinaries Index being 3.8% is below the Australian Gov't 10 Year Bond of 4.1%. Therefore, investors are NOT being compensated for taking on the added risk for investing in equities. In fact investors are having to pay 0.3% for the privilege of taking on that extra risk!

slideglide
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Hi Michael. Do you do your own tax? Any tips when you buy and sell so much shares and have some in super? It's a random question but I think it's one everyone can benefit from.

fishball
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ASL.ASX is the best junior silver stock on the ASX.😊😊

James-yuyd
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appen just wont stop, WTF? the market cap of this thing is beyond belief. NO profit taking after having gone up 100x bag, just on that july quarterly update, H1 august report didn't show anything new other than a fall in july revenue. wtf?

dehaka