ccx

Today's ASX Top 10 Market Leaders with the strongest Momentum are:

Americanwestmetals (AW1)
Wildcat Resources (WC8)
Lumos Diagnostics (LDX)
Azure Minerals (AZS)
Redox Limited (RDX)
Botanix Pharmaceuticals Ltd (BOT)
City Chic Collective (CCX)
Light & Wonder Inc. (LNW)
Irismetals (IR1)
Nuix Limited (NXL)

Americanwestmetals (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA.

Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.

Lumos Diagnostics (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.

Azure Minerals (AZS): Azure Minerals is a mining company that explores and develops mineral deposits, with a focus on lithium and nickel in Western Australia.

Redox Limited (RDX): Redox Limited is a global chemical, ingredient, and raw material distributor active in more than 1000 specialty and commodity products.

Botanix Pharmaceuticals Ltd (BOT): Botanix Pharmaceuticals Ltd is a medical dermatology company, engaged in the development of cannabinoid-based products for the treatment of skin diseases.

City Chic Collective (CCX): City Chic Collective Ltd. engages in the retailing of women's clothing in Australia, New Zealand, South Africa, and the U.S. through various brands.

Light & Wonder Inc. (LNW): 

Iris Metals Limited (IR1): Iris Metals Limited is a hard rock Lithium miner in South Dakota, USA, as well as gold, nickel, and lithium in Western Australia.

Nuix Limited (NXL): Nuix Limited specialises in developing a software platform designed to process unstructured data. Its platform caters to various areas, such as criminal investigations, financial crime, litigation support, employee and insider investigations, legal eDiscovery, data protection and privacy, and data governance and regulatory compliance. Based in Sydney.

Disclaimer: Finer Market Points Pty Ltd, CAR 1304002, AFSL 526688, ABN 87 645 284 680 (FMP) is incorporated in Australia with limited liability. FMP and affiliated entities may have commercial or financial interests in the companies or products mentioned. This information is directed and available to and for the benefit of Australian residents only and is not an advertisement, recommendation, forecast or advice. As this information has been prepared without considering your objectives, financial or taxation situation or needs, you should consider, before acting on this material, consider its appropriateness to your circumstances and seek appropriate professional advice. FMP and its related entities do not accept any liability for any loss or damages arising out of or in relation to the use of all or any part of this information. We believe that this information is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability, or completeness. This information is published solely for informational purposes and is not to be constructed as a solicitation or an offer to buy, sell or hold any securities, financial instruments or services in any jurisdiction. This information is under copyright to FMP and may not be used without prior consent.

Today's ASX Top 10 Market Leaders with the strongest Momentum are:

Americanwestmetals (AW1)
Wildcat Resources (WC8)
Lumos Diagnostics (LDX)
Mayur Resources Ltd (MRL)
City Chic Collective (CCX)
Amaero International (3DA)
True North Copper (TNC)
Clearvue Technologie (CPV)
Irismetals (IR1)
Loyal Lithium Ltd (LLI)

Americanwestmetals (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA.

Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.

Lumos Diagnostics (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.

Mayur Resources Ltd (MRL): Mayur Resources Ltd is an ASX-listed company focused on nation-building projects in PNG. Their work includes cement, lime, iron, and industrial sands, with a flagship project in nature-based carbon offsets for lime and cement, as well as geothermal projects.

City Chic Collective (CCX): City Chic Collective Ltd. engages in the retailing of women's clothing in Australia, New Zealand, South Africa, and the U.S. through various brands.

3DA (3DA): 3DA provides cloud-based data processing services with a focus on its 3D geospatial data technology.

True North Copper (TNC): TNC is a copper and cobalt focused mining explorer in Queensland, Cloncurry and Mt Oxide.

Clearvue Technologie (CPV): Clearvue Technologies creates photovoltaic and nano-technology to produce clear glass that generates electricity, allowing the natural light to pass through unaltered.

Irismetals (IR1): Iris Metals Limited is a hard rock Lithium miner in South Dakota, USA, as well as gold, nickel, and lithium in Western Australia.

Loyal Lithium Ltd (LLI): Loyal Lithium Ltd is a battery metals miner with a controlling stake in the Hidden Lake Lithium Project in Yellowknife, Northern Territories of Canada, through a joint venture with Patriot Battery Metals, also listed on the ASX.

Disclaimer: Finer Market Points Pty Ltd, CAR 1304002, AFSL 526688, ABN 87 645 284 680 (FMP) is incorporated in Australia with limited liability. FMP and affiliated entities may have commercial or financial interests in the companies or products mentioned. This information is directed and available to and for the benefit of Australian residents only and is not an advertisement, recommendation, forecast or advice. As this information has been prepared without considering your objectives, financial or taxation situation or needs, you should consider, before acting on this material, consider its appropriateness to your circumstances and seek appropriate professional advice. FMP and its related entities do not accept any liability for any loss or damages arising out of or in relation to the use of all or any part of this information. We believe that this information is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability, or completeness. This information is published solely for informational purposes and is not to be constructed as a solicitation or an offer to buy, sell or hold any securities, financial instruments or services in any jurisdiction. This information is under copyright to FMP and may not be used without prior consent.

Today's ASX Top 10 Market Leaders with the strongest Momentum are:

American West Metals Limited (AW1)
Azure Minerals Limited (AZS)
Loyal Lithium Limited (LLI)
City Chic Collective Limited (CCX)
Gold Mountain Limited (GMN)
Iris Metals Limited (IR1)
Wildcat Resources Limited (WC8)
True North Copper Limited (TNC)
Lithium Australia Limited (LIT)
Amaero International Ltd (3DA)

Disclaimer: Finer Market Points Pty Ltd, CAR 1304002, AFSL 526688, ABN 87 645 284 680 (FMP) is incorporated in Australia with limited liability. FMP and affiliated entities may have commercial or financial interests in the companies or products mentioned. This information is directed and available to and for the benefit of Australian residents only and is not an advertisement, recommendation, forecast or advice. As this information has been prepared without considering your objectives, financial or taxation situation or needs, you should consider, before acting on this material, consider its appropriateness to your circumstances and seek appropriate professional advice. FMP and its related entities do not accept any liability for any loss or damages arising out of or in relation to the use of all or any part of this information. We believe that this information is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability, or completeness. This information is published solely for informational purposes and is not to be constructed as a solicitation or an offer to buy, sell or hold any securities, financial instruments or services in any jurisdiction. This information is under copyright to FMP and may not be used without prior consent.

Today's ASX Top 10 Market Leaders with the strongest Momentum are:

American West Metals Limited (AW1)
Azure Minerals Limited (AZS)
Redox Limited (RDX)
Loyal Lithium Limited (LLI)
Australian Strategic Materials Limited (ASM)
City Chic Collective Limited (CCX)
Greentech Metals Limited (GRE)
Iris Metals Limited (IR1)
Lithium Australia Limited (LIT)
Pilot Energy Limited (PGY)

Americanwestmetals (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA.

Azure Minerals (AZS): Azure Minerals is a mining company that explores and develops mineral deposits, with a focus on lithium and nickel in Western Australia.

Redox Limited (RDX): Redox Limited is a global chemical, ingredient, and raw material distributor active in more than 1000 specialty and commodity products.

Loyal Lithium Ltd (LLI): Loyal Lithium Ltd is a battery metals miner with a controlling stake in the Hidden Lake Lithium Project in Yellowknife, Northern Territories of Canada, through a joint venture with Patriot Battery Metals, also listed on the ASX.

Australian Strategic Materials Ltd (ASM): ASM is an emerging vertically integrated producer of critical metals for new growth industries, high technologies, and sustainable energy solutions. Their "mine to metals" business model involves mining and refining critical metal oxides from the Dubbo Project, containing rare earths, zirconium, niobium, and hafnium, and processing them into high-purity metals and alloys at their metals plants.

City Chic Collective Ltd (CCX): City Chic Collective Ltd. engages in the retailing of women's clothing in Australia, New Zealand, South Africa, and the U. S. through various brands.

Greentech Metals Ltd (GRE): Greentech Metals Limited is a WA miner focused on the exploration and development of battery metals projects. Currently exploring Ni, Cu, and PGE assets in the underexplored West Pilbara region.

Iris Metals Ltd (IR1): Iris Metals Limited is a hard rock Lithium miner in South Dakota USA as well as gold, nickel, and lithium in Western Australia.

Lithium Australia Ltd (LIT): Lithium Australia is in the battery industry with a focus on establishing a circular battery economy.

Pilot Energy Ltd (PGY): Pilot Energy Limited is leveraging its existing oil and gas assets along with established infrastructure to develop competitive clean energy projects such as clean ammonia starting in 2027, all associated with green and blue hydrogen produc

Disclaimer: Finer Market Points Pty Ltd, CAR 1304002, AFSL 526688, ABN 87 645 284 680 (FMP) is incorporated in Australia with limited liability. FMP and affiliated entities may have commercial or financial interests in the companies or products mentioned. This information is directed and available to and for the benefit of Australian residents only and is not an advertisement, recommendation, forecast or advice. As this information has been prepared without considering your objectives, financial or taxation situation or needs, you should consider, before acting on this material, consider its appropriateness to your circumstances and seek appropriate professional advice. FMP and its related entities do not accept any liability for any loss or damages arising out of or in relation to the use of all or any part of this information. We believe that this information is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability, or completeness. This information is published solely for informational purposes and is not to be constructed as a solicitation or an offer to buy, sell or hold any securities, financial instruments or services in any jurisdiction. This information is under copyright to FMP and may not be used without prior consent.

Today's ASX Top 10 Market Leaders with the strongest Momentum are:

Americanwestmetals (AW1)
Azure Minerals (AZS)
Redbubble Limited (RBL)
City Chic Collective (CCX)
Pancontinental Energ (PCL)
Pointerra Limited (3DP)
Ausstratmaterials (ASM)
Nuix Limited (NXL)
Gascoyne Res Ltd (GCY)
Loyal Lithium Ltd (LLI)

$AW1 $AZS $RBL $CCX $PCL $3DP $ASM $NXL $GCY $LLI

Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.

Today's ASX's Top 10 Quarterly Momentum Stocks are:

Americanwestmetals (AW1): American West Metals Limited is a copper-focused miner in North America. .

Azure Minerals (AZS): Azure Minerals is a mining company that explores and develops mineral deposits, with a focus on lithium and nickel in Western Australia.

Redbubble Limited (RBL): Redbubble Limited runs an online marketplace that connects independent artists with customers who can buy an array of customizable products.

City Chic Collective (CCX): City Chic Collective Ltd. engages in the retailing of women's clothing through various brands, such as Millers, Crossroads, Katies, Autograph, and Rivers.

Pancontinental Energ (PCL): Pancontinental Energy is an oil and gas explorer with projects in Namibia and Queensland.

Pointerra Limited (3DP): 3DP provides cloud-based data processing services with a focus on its 3D geospatial data technology. 

Australian Strategic Materials Ltd (ASM): ASM is an emerging vertically integrated producer of critical metals  containing rare earths, zirconium, niobium, and hafnium

Nuix Limited (NXL): Nuix Limited specializes in developing a software platform designed to process unstructured data. 

Gascoyne Res Ltd (GCY): Gascoyne Resources is focusing on the Never Never discovery, located less than 1km from the processing plant.

Loyal Lithium Ltd (LLI): Loyal Lithium Ltd is a battery metals miner with a controlling stake in the Hidden Lake Lithium Project in Yellowknife,  Canada,

Disclaimer: Finer Market Points Pty Ltd, CAR 1304002, AFSL 526688, ABN 87 645 284 680 (FMP) is incorporated in Australia with limited liability. FMP and affiliated entities may have commercial or financial interests in the companies or products mentioned. This information is directed and available to and for the benefit of Australian residents only and is not an advertisement, recommendation, forecast or advice. As this information has been prepared without considering your objectives, financial or taxation situation or needs, you should consider, before acting on this material, consider its appropriateness to your circumstances and seek appropriate professional advice. FMP and its related entities do not accept any liability for any loss or damages arising out of or in relation to the use of all or any part of this information. We believe that this information is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability, or completeness. This information is published solely for informational purposes and is not to be constructed as a solicitation or an offer to buy, sell or hold any securities, financial instruments or services in any jurisdiction. This information is under copyright to FMP and may not be used without prior consent.

The Aussie share market declined 1.6% this week (Mon-Thu), with nearly all industry sectors trading in the red.

In this week’s wrap, Sophia covers:

• (0:11) How the inflation rate impacts the share market
• (1:09) What happens when the RBA lifts the interest rate
• (3:29) City Chic Collective (ASX:CCX) rising after strong sales growth
• (4:00) Why EML Payments (ASX:EML) fell a massive 44%
• (4:18) The most traded stocks by Bell Direct clients
• (4:45) Two economic news items to watch out for

The broad Aussie share market is down 0.2% this week, but the futures are suggesting a 0.7% rebound. 

Local tech stocks are down 8.5% this week, that’s the tech sectors biggest drop since March last year. 

What to watch today:  

• Afterpay (ASX:APT) reported net transaction margin rose much more than expected, while it reported a loss when the market expected a profit. They also announced a $1.25 billion capital raise.
• Other company results to watch: Z1P, LNK, FLT, QAN, RRL, GXY, ILU, SFR, GOZ, MSB, HUB, PGL, IFM, SXL, QUB, SSM, and TPG. 
• Commodity stocks are expected to rally again 
• Engineering, construction and developing companies could turbocharge in Queensland as Brisbane has been named as the ‘preferred city’ to host the 2032 Olympic Games.

Trading ideas:

• Bell Potter upgraded Acrow Formwork & Construction Services’ (ASX:ACF) Buy rating with an increased $0.42 target as ACF continues to benefit from the lift in construction and infrastructure developments.  
• Bell Potter upgraded City Chic Collective’s (ASX:CCX) Buy rating with a price target of $4.60 after the company saw earnings rise more than expected.
• oOh!media (ASX:OML), Gascoyne Resources (ASX:GCY) and Hastings Technology (ASX:HAS) are all giving off bullish charting signals according to Trading Central.

The Aussie share market is eyeing a 0.2% fall at the open today.

It was a monumental day in the U.S. on Thursday as the Federal Reserve unveiled a new framework to let inflation run above its 2% goal, while it would keep interest rates lower for longer. This will encourage wage growth and encourage people back into the work force, while also helping businesses keep credit costs low. This news sent treasury yields higher, which lifted financial stocks like JP Morgan and American Express.

Oil lost about US$0.40 to US$43.04 as one of the strongest hurricanes in years made landfall in the heart of the Gulf of Mexico’s oil and gas production.

Companies reporting today:

• Australian Finance Group (ASX:AFG), Boral (ASX:BLD), Costa Group Holdings (ASX:CGC) and Harvey Norman (ASX:HVN).

What to watch today:

• Keep an eye on BHP (ASX:BHP) and Rio Tinto (ASX:RIO), as both of their UK and U.S. listed entities closed lower overnight.

Local trading ideas:

• Accent Group (ASX:AX1) was reiterated as a Bell Potter buy overnight, increasing AX1’s price target to $1.85. That implies 21% share price growth in a year, from yesterday’s close.
• City Chic Collective (ASX:CCX) was reiterated as a Bell Potter buy, increasing CCX’s price target to $3.95. That implies 19% share price growth in a year, from yesterday’s close. Bell Potter sees significant upside in its expansion into the U.S. and thinks it will benefit from the online shift.
• UBS reiterated data centre and cloud business NEXTDC (ASX:NXT) as a buy with a 12-month price target of $14.15. UBS expects returns to increase and has modelled earnings will continue to grow for the next five years, while its debt to equity will decrease.

The ASX200 is eyeing a fall of 1.6% at the open following yesterday's gain of 2.4%, taking the total gain from the March lows to 36%.

Trading ideas for today:

• CSL (ASX:CSL) was reiterated by Citi as a buy with a price target of $334, while UBS targets $335. CSL’s recent success has been in 1- the acquisition of kidney treatment company Vitaeris, 2-the results of phase 2 clinical trial of for hereditary angio-edema (HAE), and 3 - CSL’s latest involvement in the development of a COVID-19 vaccine.
• Bell Potter upgraded Auswide Bank (ASX:ABA) to a buy, and increased its price target to $5.15
• Bell Potter downgraded Flight Centre (ASX:FLT) to a hold from a buy, noting its 96% gain from COVID-19 lows outpaces the company’s fundamentals. 
• Macquarie raised City Chic Collective (ASX:CCX) price target by 20% to $3.25 from yesterday's close of $2.80. The plus size women’s retailer CCX, is also a Bell Potter buy as it has been having great online trade success.

Investors will be watching:

• NZ infrastructure company Infratil (ASX:IFT) announced it secured $250 million NZD from an Institutional Share Placement. So its shares could come under pressure once the new shares are placed onto market. 
• Stockland (ASX:SGP) and Smartgroup (ASX:SIQ) hold their AGMs today 
• In the US this evening, inflationary data for May is out ahead of the Fed’s Thursday interest rate decision, with rates tipped to remain at 0.25%.

Aussie investors will be looking to see if we can extend our rally with the ASX200 set to rise 0.8% today at the open. If we do, we will technically be almost out of a bear market, as the market would be 20% off its all-time February high. 

Trading ideas for today:

• Bell Potter upgraded City Chic Collective’s (ASX:CCX) price target to $3.40, implying a 21% growth from its $2.82 close price yesterday. 
• Select Harvests (ASX:SHV) delivered half year results with strong crop yield. Select Harvest was reiterated as a buy by UBS and Bell Potter following its half year results. 

All eyes on Coca Cola (ASX:CCL), Unibail Rodamco Westfield (ASX:URL) & Amcor (ASX:AMC).