Mysterious month-end melt-ups 🕵️

Local stocks bounced back after Monday’s rout, powered by strong gains in energy, real estate and tech. The S&P/ASX 200 rose 0.5% to 6998.3, hovering around the figure for the entirety of the session. The burst of buying may reflect bargain hunting. However, being 30 August, month-end window-dressing may have been a factor. Mysteriously, magic melt-ups regularly occur at month-end...Our top three VODs:Three traits that make for a great stockThree reporting season broker upgradesA couple of 'buys' amidst the noise Hosted on Acast. See acast.com/privacy for more information.