Daily FNArena News

Michael Gable of Novus Capital suggests the ASX 200 has reached a critical juncture at which a lack of further gains would imply another drop to come.

It’s bearish near term for base metals amid surpluses for aluminium and copper and Deutsche Bank asks whether a rising US dollar can cap the oil price.

Peter Switzer of the Switzer Super Report suggests US traders might try to spark a “Sell in May” but are unlikley to have much of an impact.

A wrap of the day’s activity on the Australian stock market.

This week ATW’s Jerry Simmons examines recent moves on oil and gold and sees upside for oil but a bear market for the precious metal.

ResMed posted strong sales growth in the March quarter but brokers remain preoccupied with the price pressures in the US health care system.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. One broker believes logistics company Brambles is likely to de-merge its information management service, Recall, in a distribution to shareholders.

Despite the precipitous plunge in recent weeks, gold selling may not be over.

Weekly update on recommendation, target price, and earnings forecast changes.

A wrap of the day’s activity on the Australian stock market.