Looks like all AI momentum names getting smashed locally, all charts look like the end of uptrend? Old school quality names holding up quite ok. Are we at another turning point again?

Let the insanity rests by itself

Gonna be another bloody red day locally. Prob better to just go do something else and not bother to log in.

bloody red tmr

Feels a bit like late 2021 where big tech kept rising but the rest of markets rolling over

of cuz

So many doom day tweets this week, is the big one finally coming?

everyday you see S&P hitting record high versus our market red red red

I reckon Burry would have the better record run if he simply short the asx

meanwhile we still stuck in extreme fear can't get out

Sigh, our market is just... 💩

Looks like Uranium names gonna be the narrow leaders today 👀

Anyone bought the flush?

Index so green and strong, underneath small caps, growth stocks, gold stocks, specs thrown into bin 🤷🏻‍♂️💩😵

Why is everyone so negative on Firmus? It’s like people wish it to fail…. It would be great for Australia and the ASX to have a successful global AI champion It would be positive for the ASX in general It could open the IPO window for others to list It will make some people rich 👀 And finally it will make $MGH plenty 💰💰💰 (which we hold) So yes it’s a big leap of faith and a rich vauation - but some people like that I recall the same noise when $GYG was listing and more recently SpaceX - both so far have been huge successes

Looks like specs getting destroyed today while large caps getting pumped up

Macquarie says Maas Group Firmus stake worth $4 per share at $43.7b valuation, up from $1.42 per share just months ago when Firmus raised at $15.5b valuation, Macquarie's latest $8.15 valuation on $MGH scrip, doesn't include the latest uplift in Firmus stake value from $1.42 to $4, seems this one could go higher from Monday's close of $7.01 in frothy market? Macquarie says catalysts for MGH include "Catalysts: Firmus IPO pricing, Firmus IPO that should underpin its Australian AI factory rollout with potential work for MGH, capital recycling proceeds, successful delivery of Firmus contract and follow-on contracts, M&A, capital returns.