A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight.

A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight. It was the third consecutive weekly gain for the local market. Banks were, once again, in the thick of it with all majors closing up more than 1% and energy stocks were up on renewed optimism around the oil price. CSL also has a good day perhaps by helped by a sharp fall in the AUD overnight. Materials, particularly gold miners were hardest hit as a higher US dollar weighed on commodity prices. Our top three stocks today are:Triple threat; Gaurav Sodhi's buy and avoid listBuyer beware; Carl is left speechless by AMC's latest warningDawes' daily dose of stock buys Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight. It was the third consecutive weekly gain for the local market. Banks were, once again, in the thick of it with all majors closing up more than 1% and energy stocks were up on renewed optimism around the oil price. CSL also has a good day perhaps by helped by a sharp fall in the AUD overnight. Materials, particularly gold miners were hardest hit as a higher US dollar weighed on commodity prices. Our top three stocks today are:Triple threat; Gaurav Sodhi's buy and avoid listBuyer beware; Carl is left speechless by AMC's latest warningDawes' daily dose of stock buys Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on June 4, 2021.

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