Will RIO Tinto be one of the best-performing metals and mining stocks on the ASX in the coming years, or are there other stocks set to outperform? In tonight’s Australian Stock Market Show, we compare Rio Tinto to your favourite metals and mining stocks to identify which will produce the best capital growth and income so you achieve the best return.

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    TIMESTAMPS
    0:00 Intro
    1:30 Hot Stock Tip: 4DX
    4:30 Analysing World Markets
    9:00 Answering Your Questions!
    21:00 Best Metals and Mining Stocks to Buy: RIO Tinto or 3 Other ASX Stocks (Topic)
    44:00 Answering Your Questions!
    59:00 Next Week on The Australian Stock Market Show

    #WealthWithinLive #DaleGillham #AustralianStockMarketShow

    Good evening and welcome to the Australian stock market show now the O Lord news index dropped around 2% early last week only to turn to rise strongly to close just in the green so is this sh stock market going to be bullish and break that all-time high stay tuned as

    We’ll talk about that shortly for our main topic in tonight’s show we get into what we believe are the best metals and Mining stocks we’ll also answer the question whether you should buy Rio first up we’ll share our hot stock tip for the week so sit back and relax

    Tonight’s jam-packed as we have lots of emails to answer we’ll also take your phone calls and give you the answers to some of the important questions around the market tonight we’re excited to share our thoughts on some great stocks like Rio AGL fmg A2 milk and DDR and so many more

    So get comfortable as we’ll get into those soon I’m D Gillum and I’m your host for tonight and joining me are two of our team of Highly experienced analysts and professional Traders Janine Cox and Philip torvi and together we’re Australia’s most trusted stock market Educators hi team how you doing great

    Thank you how are you I’m fantastic I’ve been listening to your jokes before the show that was pretty good oh you had me in tears I think Phil had you in tears but anyway it’s got to be in for a good show anyway but tonight as mentioned we

    Get into metals and Mining and our views on Rio Tinto Rio Tinto sorry and three other specifically picked stocks but first we need to get into this week’s hot stock tip Phil what have you got for us tonight yeah sure the hot stock tip for tonight is 4D medical um so let’s

    Get straight into it on your screen now is the market index and and you’ll see that 4D medical limited is a medical research company and has developed a non-invasive respiratory Imaging solution using 4D dimensional Imaging this technology is patented which is a really nice story for the company now if

    We get into some metrics here it’s got a one-year performance of 63% which is in line with the sector and the index quite a small market cap so it is one of those stocks that is definitely for the more experienced Trader and Janine’s happy that I’ve said that um it is ranked

    Outside the 500 so a stock not on the radar of institutional uh players but if we get into the chart now you’ll see it’s quite an interesting story this one and and why I wanted to bring this attention to you of 4D medical if we start on the weekly chart

    Normally we do it on the monthly chart but I want to go to the weekly chart and I want you to have a look at this stock because if we zoom in a little bit more you’ll see oh sorry zoom out you’ll see that this stock originally started as

    Quite an liquid stock back in 2019 and and before and that’s not uncommon of stocks of this nature and something drastic happened during August 2020 where we had this huge weake on the stock what also happened was that the liquidity uh picked up as you can see

    The range of the bar started to increase and become more of what you would like to see when trading stocks particularly this is under a dollar so it can be quite a liquid as I mentioned but look zooming into price action um more closely we’ve got a trend line which the

    Stock’s broken which is a a coming down from a very long downtrend and we’ve also got an uptrend line which the stock has touched very importantly around that 50 C Level which is been a level of support for this stock over the last four or five times where as I hover my

    Mouse cursor over and you know given the stock is po is that that multiple level of confirmation being the horizontal and the trend line there is some upside potential potential here of 57% to the most recent Peak that I’ve marked so there is a lot of upside potential with

    This stock and also if you have a look the volume which is quite interesting here we’ve seen volume Rising as the Stock’s Rising but Falling as the Stock’s falling Rising again as as the Stock’s Rising falling as the Stock’s falling in line with that we’re seeing

    The stock take much less time to go up than it is to go down so that’s telling me that there is a lot more or I guess the buyers are much more dominant in this particular moment in time and I think there is a lot of upside with this

    Stock particularly with the story that it is a patented technology and it is a world first now I know Janine this isn’t a stock that you it’s very IL liquid so you know like I’m really excited that you said and warned people that it’s not really a stock for beginners but an

    Experienced Trader is what you’re saying could take advantage of it the only thing that i’ take from this is that it does spend like you rightly said it spends a lot of time going down so if anyone was buying it what sort of um you know how would they trade it because

    It’s it’s up for you can make a lot of money in four or five weeks but after that it’s just gone basically for months yeah well I mean then that comes down to having your um your back testing in place really zooming in on those moves and making sure you’ve got yourself a

    Nice exit for the stock but I mean we are on the weekly chart here so it it it it’s not uh impossible to get out on this stock you can see that there that’s a 5 we period where the stock would have given you an exit and and you know our

    Students out there would know what I’m talking about but it it it’s not a stock that falls out of bed in fact I like the fact that it takes a lot longer to fall than it does to rise so do you want volume to be supporting the the rise

    When it takes off yeah for sure and it has been in the past it’s it’s supported the up moves and it’s been falling on the down moves I would always recommend that everybody go and and really do their analysis in um with the volume and see however many many shares they’re

    Willing to um place in this stock whether it works out and whether it’s going to be enough for them to transact and be safe in this one and and like you said it is a stock not for the for the new Trader or for the amateur but um

    Where’s the fun if we stick to one end of the market only all right that is it for our weekly hot stock tip now shortly we’ll get into our topic for tonight but before we do right now is your opportunity to get involved in the show and have your questions answered now

    Remember we do prioritize phone call or so call now on 03 929 98 that’s 03 for Melbourne 9299 or you can text your question to the number on your screen now the first caller into the show right now gets a free copy of my book accelerate your

    Well so pick up your phone and dial 03 9299 now while you do that tonight we’ll give you our thoughts on Major World Market so let’s get into that all right right on your screen right now is a watch list of major world markets so let’s have a look at that U

    At the top of the list there we’ve got the Nick eye leading the market up about 16% and we did look at the niik ey when we were talking about U Warren Buffett recently and and how he was buying into that market and we’ve seen that it’s near it’s all-time high so probably

    Extended but if you haven’t had a chance to watch that show that we did on Warren Buffett make sure that you you look at that because there’s some really interesting information there for you uh the next one on the list we’ve got is the NASDAQ composite index and that’s up

    6% um Phil S&P 500 is up 5 and a half% what do you think about that with the US market being so strong look I mean it’s it’s breaking alltime highs and it is strong it’s one of the strongest markets in the world I mean the niiki is really

    Interesting as well cuz Japan just went into recession so it’s it’s really interesting how you’re seeing this disparity between what’s happening in the economy and and what the stock market’s doing um I find that is the the bigger picture at the moment um but like

    You said you know the the they are just in the NASDAQ they just keep roaring on upwards and all these people the Traders out there that that have kept saying you know it’s going to crash it’s going to crash it’s going to crash and it still keeps going I mean we’re seeing videos

    All the time stock market’s going to crash I think Robert Kaki has a Perpetual one it’s October it’s November it’s December it’s January it’s February So eventually he going to be right um because eventually we’ll get into a bubble and then it all crash that’s what

    Will happen yeah um but the point is you just got to watch the road all the signs that we’re seeing um look at the chart the chart because there’s so much opportunity that you’re going to miss if you don’t do your own research and just

    Listen um have a look and and see what’s going on cuz a lot of the time what’s being said in the news is quite different to what’s happening so we’re going to look at a chart aren’t we of one of the one of the one of the indexes

    Yeah we should just just look at the bottom first cuz right down at the bottom is the Hang sang of minus 5.7% so we need to just keep our eye on what happens with that we always more the contrarian view yeah China is more important to Australia so the next one

    We’re going to have a look at is uh the Shanghai Composite Index which is interesting isn’t it we we’ve seen it actually fall significantly over the last 12 months or more and come back to this strong support level but um it’s had a checked history hasn’t it felt and

    Very volatile but we had thought it was going up back in um prior to this move here in 2021 we thought it was on its way again like our Market but it’s actually failed so could it take out that blue line and continue to fall or

    Do you think it’s going to find support there look it could it could very well but it is poised at a quite significant support level and look what I find really interesting about this Market it’s um you know November 2018 is where we’ve got this significant low and China

    If out of all the countries in the world has had probably the worst news and the worst economy going about it it’s had you know huge unemployment it’s had the market issues with ever Grand it’s had Banks being shut down people riding on the streets and it’s still the market

    Still hasn’t been able to take out November 18 lows so to me it doesn’t tell me that it’s um so so scary right now in fact that it looks like it’s consolidating around you know orbe at a bit of a bigger consolidation but it’s been going sideways since 2016 and you

    Know in the last month we’ve got this really really strong reversal bar if it if it finishes off closing on the high in February then perhaps we might have seen the end of this shortterm um but could that just be the Chinese New Year the Optimus out because you know if we

    Went back in time of inter the dragon that means everybody gets pregnant isn’t it lots of babies coming yep so so it’ be interesting to see though if we went back and had a look to see whether you you know the market would be strong typically around this time of the year

    Something for another show actually would be a very good one for another show yeah so whatever else have you got on the shangai um look we we’ve just really looked at the um for now we’ve got that the support there and and like we said it’s it’s probably a bit early

    To say that it’s definitely going to make a huge run because it’s one month and it hasn’t even shown us an an up bar at least or or any green over the last six or seven months so um if you are looking at this Market closely um I

    Think now would be a time to really look at it because it is at support but if you are thinking of trading in this market perhaps you need to you know watch it a bit more and and and hopefully see some further price all right well that is it for our thoughts

    On World Markets now before we get into the first email remember to get your questions answered live right here on air you’ll need to text or call into the show you can also send your questions to info@ wealth within.com Au and we’ll answer them in next week’s show now

    Let’s get into our first question okay our first email is from Hugh he says hello wealth within team I’m a 17-year-old investor and longtime listener of the show I just have a quick question in regards to AGL as it may have been or it has been on my watch

    List over the past few weeks I’m looking to invest for the long term as I’ve started relatively early in my investing career I believe the business plan is strong as the company looks to reduce its net emissions and move to a more sustainable position I’m wondering if

    And when that may reflect in its share price and if so what do you think an appropriate buy point is thanks a lot Hugh now I know you really want to answer this one because you love it when young people I love it when young people

    Ride in yeah thank you so much for that Hue really good stock Choice as well to utilities share although the utilities like ogl haven’t really been performing but it could be an area to watch so we may have identified something ahead of the curve that’s important as well I

    Would say in the case of AGL there’s no rush that’s the first important message for you is not to rush in and you know it’s been in a decline now for a number of months so therefore the risk is to the downside so you just want to wait

    Until the big money is pushing that share price up but one of the things that I like just looking at the history of it you can see it’s important to get to know the personality it does spend a lot of time trading sideways so first of

    All February 98 all the way through here it didn’t make a new high until 2004 similar sort of thing here if we look at what happened where the when the GFC occurred although it didn’t fall as much there’s some stocks it actually took a hell of a long time to get through that

    High again so I think that the you know the history will repeat will be a long time before we get through this all-time high but in the short term it must get through the highs here of June 2022 so that was 888 and you’ll notice that in

    June 2022 while the market was down it was up yes so if the Market’s pushing to new all-time highs agl’s down it’s a you know it looks like a Playbook they’re trying to you know the institutions trying to play that an inverse Playbook so if we see the market correct which

    You’re Expecting The Market could pull back in around April and if it does then perhaps this is going to be one to watch he’s asking about a Buy price but really we can’t give him one of them no look and even if Phil we go to the weekly

    Chart there really it’s not ready yet that’s the point isn’t it yeah and and I think more to that question asking about a BPR and when it might the the new emission may may reflect in price I think the most important thing to do is

    To I don’t know if he’s a student yet but but just get adapt to learning how to uh read a chart and and analyze a chart because that’s really going to help you um work that decision out or even not even have to worry about it because when you know what’s happening

    On the chart it it kind of all plays out we’ll play that anyway all right we do have a phone caller um right for us so welcome to the stock market show you’re on with Philip Janine and Dale who have I got there is it Daryl yes it is welcome to the show

    Daryl how are you doing today yeah not too bad yourself ah look we’re fantastic we’re fired up ready to answer a lot of questions what’s the question you got for us today all right um so you Janine mentioned a stock last week it was live

    360 and she mentioned it as one that you liked so I actually had to look into it after I heard that that um I’ve entered this stock last week on a few rules i’ got a swing entry um it’s it’s sitting just on a off a support uh important support level

    It’s sitting at uh 50% of the all-time high um yeah okay look short to medium term I got a 12% stop on it pretty aggressive on the entry so that’s why I got the shortest stop all right well they’ve got it all up and I’m sure they’re going to answer all of that

    Question for it but thanks for the call Phil what are you reing yeah look it’s it’s got a few confluences as you said the 50% and and the support and the swing entry um and that’s you know what you want to do as as as a Trader you

    Want to Stack up all the probabilities and the confluences um I have no issue with the entry um he did he say 12% or 8 12% he’s got a 12% I just put the line down here just to show that 18% to that low and and he did mention that it was a

    Bit aggressive and and I I agree with that a little bit because you’ve got this big support like Janine said at which is sitting at about 18% so um there is the possibility that the stock knowing in the past it’s found support at these levels it could go back I think

    This guy knows something obviously cuz he I I drew a line here randomly across here just to show support and it turned out to be his 12% stop loss so mean you’re thinking is he was his I I think he was talking about his aggressive was the entry was aggressive

    Not his stop loss yeah I actually like how he said his stop loss because you know obviously you can set stop losses at certain levels you can yeah but you know sometimes when you get these moves out like we’ve seen here it can flip back go underneath that test PRI support

    And then go up again because it hasn’t properly tested the light you know the light okay with his buy and everything else I think it’s reasonable yep no problem confluences fine two thumbs up for Daryl well done mate and it is one of my favorite stocks anyway but we do

    Have another caller on the line welcome to the Australian stock market show you’re on with Janine Philip and Dale um have I got Kieran on the phone yeah Kieran here how you going good mate good so they told me another good looking resta was ringing up so I

    Thought it might be you is that a that the case yeah ask my wife she’ll probably say that cool have you got a question for us tonight yeah so I’m just um I’m interested to get your view on IPL um I bought it back in September it broke a

    Trend line and I I got in on a dow entry but it’s it’s sort of dropped away since and it’s I’m sort of sitting at 15% which is my stop loss but I’m going to let it go a little bit further cuz there’s a a low of 58 cents and I just

    Want to see what you think where it’ll go from here so you’re asking the team whether you should break your rules or your 15% stop loss and use the price only a couple of cents yep yes that’s only a couple of cents so I’m sort of

    Just figured if it goes past there some there’s some things happening there’s a buyback that hasn’t started yet they’re waiting on a few things there to do with a sale of part of the business so I just think is it worth holding out or just cut my losses and all right very good

    Questions Karen I’m sure Janine’s got a lot to answer for but thanks for the call what do you mean I’ve got a lot to answer for sorry got a lot in your mind to answer that’s what I mean great I’m glad he clarified that one k Kieran um look in

    Terms of this stock great um interesting stock because it it Trends up and Trends down but um I would be very careful right now which he obviously is um given that it could just fall through that low which is what he cited and then it could keep

    Falling what all he can do is wait and see if it does find support but I wouldn’t be worrying about anything that it’s being said about what the company’s doing either no no what do you reckon Phil uh stick to your rules stick to your rules stick to your rules um

    There’s nothing worse than breaking your rules and the stock doing the exact opposite of what you should have done I mean there’s no reason the news could be bad and further gap down and blow that 15 18% into 30 or 40 and then you’re really you know going to be having some

    Issues with the psychology around training so I would I would always say stick to your rules um and if this one happens to be a loss so be it that’s part of trading yep that’s part of and is cor correct you know that we have to

    Get used to having those losses so he bought in September MH was that a roughly good time to buy what you re September was okay cuz it had actually taken off out of a low and it had 3 months up so it was looking good if I go

    To the weekly let’s just have a look at what it had done at that point um in September yeah it looked okay you know it’s going up but in terms of stop losses where could he have said it well you know it’s probably reasonable where

    He set it really but just the fact that it’s now started moving down like it has them and the reversal really actually The Telltale sign was this reversal in February okay well there you have it Kieran that’s the team they’re telling you to stick to your rules and uh if the

    Stop loss gets triggered take your stop loss but now we have an email from shes who says hi team I’m a beginner to the share market and I’ve read through accelerate your wealth book once and on my way for second round reading looking to invest in foris cuq for longer term

    Growth and income below my reasons I think it’s a buy signal for me what are your thoughts regards sures now I actually took out all these reasons because he did a awesome job of documenting why he thought it was a buy but I don’t think it’s relevant to you

    Guys cuz you’ll be able to tell him so what do you reckon jine well looking at the chart there I think for me I think it’s extended already um and you know $30 is an interesting figure it’s a question of how long is it going to stay

    At that point and trade sideways I’d prefer to see it come back actually before getting an entry into it yeah look I agree um given it is a longer term play and he’s talking about income and growth um the fact that it’s broken an alltime high I know there are sters

    Around buying new highs and if he’s thinking about keeping it for the long term then then that’s a strategy in itself but um you know putting a bit more of a medium-term short to mindset on this trade it is extended you’re right Janine and he could potentially be

    Getting a better price if he waits a little and that income you wouldn’t want to count your chickens on that income because they could change that at any time and they have been which we’ve seen yeah well we are seeing that but I mean obviously he’s just read my book for the

    First time he’s about to get into it the second time so he’s found this so is he on the right track though yeah definit yeah good stock good stock you know one of one of the the biggest stocks on our Market um good safe stock to to begin

    Trading perfect place to start y yeah all right there you have it shes the the team I said two thumbs up for your thinking and everything else but probably just a little bit too early but I do like your email you are on the right track now we do have another

    Caller team um welcome to the TR stock market show you’re on with Dale Janine and Phil have I got Matt there yeah guys how are you fantastic mate you’re having a good day yeah not too bad on my way home from work oh look I wish I was on my way home

    From work and had a beer in myam but I got to help you so do you have a question for us tonight um yeah it’s on zero um I’m not in it but I I I think it’s at a a good level where look I’m I’m in the car so

    I’ve pulled over but I don’t have my uh charts in front of me but I think there was a um a uh a Peak at about um $118 yep um um could be a little bit High 11850 I just wondering what you guys think on the stock I’m not in it

    I’m kind of just waiting for it to pass through there it’s ticked a few rules on um that I’ve been looking at um I’m just wondering what you guys think on it it’s a it’s a good stock um yeah it’s B basically it I’ll be looking to hold it

    For at least medium term um I did quite well on it on the last run up and then got out um I just think it’s looks like it’s kind of setting up nicely to uh to take off again yeah I think you picked a good stock there m I’m the guys have got

    It up they’re noding the head up and down which I’m think that means it’s okay but thanks for the call Matt and um these guys will help you out what do you reckon Phil yeah good choice good choice I mean if we go to the Chart this

    Particular Stock’s had a um you know since coming out of these lows in November 22 it’s had a really healthy pullback you know from the high in July 23 to the low November 23 a nice pullback Janine’s rightfully put a nice little trend line on there so it it is

    Supporting a momentum indicator moment maybe not indicator momentum line there which the stock is supporting and you know what’s quite nice is that as the Stock’s pulled back it’s starting to now curl up and make these higher highs and higher lows so to me it’s doing all the

    Right things and the target you know Above This High 127 here in July 2023 is definitely um one to where the stock could attack initially and of course further if it can get through there nicely it’s looking good for medium-term trade that’s what you’re saying cool so

    Well done Matt well that is it for all we have on zero now for tonight’s topic we take a look at what is arguably one of the most important sectors on the St market now those being metals and Mining now we’ll also get into whether or into

    Our view on whether Rio Tinto will outperform in the next 3 years or should we look elsewhere for better opportunities we’ll look at dividends Capital Growth and loads more now I have a question for you both can you have it all with mining stocks and what I mean

    By it is capital gain and income what do you reckon J name the answer is yes but not for too long well you’re a woman a few words okay I’ll keep moving on then well we know that in recent years Mining stock yields Rose strongly as the miners

    Attempted to prop up their shares particularly on all miners but sadly they were cut last year to give you and to give you an insight into what’s going on let’s take a look at a graph on comsec which illustrates how dividends were slashed now this could be viewed

    Good or bad so do you want to talk about this one film yeah sure I mean look um it can be both good and bad you’re you’re 100% right um it’s bad it can be bad in the sense where if companies are slashing dividends it could be because the company’s struggling um profits

    Aren’t being made or it could be good on the other side because the company’s not now paying a dividend to shareh Holders it’s reinvesting the capital for future projects um going moving towards that growth um projection for the company which is obviously going to add to the

    Share price so yeah both I always get excited when you see materials and metals companies their dividends and you go know I just go yeah it means they’re going to do something yes they’re try and grow you can’t have a situation where companies are actually giving away

    All the earnings and not reinvesting as much as what they could or keeping it in the kitty for some good opportunity to have that growth there you’re just not going to get that both all the time but you know historically these stocks don’t pay huge dividends we know no and these

    Explorers it’s the type of business where you need to keep putting in capital you need to find the new hole and dig and and keep reinvesting that Capital to to get the return and find the uh the gold well I cut my teeth on trading stocks that paid no dividend you

    Know because they were just great grow stocks and so a Trader you love that sort of stuff to see them take off and you know and I call me strange but I don’t really care about dividends I just rather the capital gains but anyway now the most important question when it

    Comes to dividends is will there be fur the cuts what do you reckon J I think do you want me to give you the short answer or the long answer this give me the short and I like those the answer again is yes yeah there will be more further

    Cuts I mean it has to be we’re in a growth part of the cycle you can’t expect mining companies to Forever keep paying it out but the advantage of them paying those dividends out is it keeps you as the shareholder interested in continuing to hold the stock so once the

    Shares start taking off again people are not going to worry so much about the dividends anymore so they’ve in in effect it’s been a good strategy for the miners I totally agree with you now I am certain that we’re not alone in that view that there are great opportunities

    In the sector um have you been seeing anything around that you name well look um great opportunities in the sector um in terms of the the particular stocks is that what you’re meaning well absolutely absolutely um if we’re looking at the the um the graph on the screen there

    You’ll see divid you came across this from Goldman Sach yes okay now this one um is actually um the mining Dividends are under dividends okay yep um so that’s right it came across this um from Goldman Sachs and it says that they’ve buyers on the Aussie bulk

    Mining and the steel sector in it they mention BHP Rio Alca resources Champion iron Coronado blue scope steel Sims Metals management and lonus and I must admit the Dividends are still looking healthy well that is interesting now the question is will our favorite mining stocks grow over the next few years so

    Me let’s start as we normally do with a bird’s eye view and then we’ll look at at the miny index first uh and then we’ll break that down into the stocks then when oh sorry then we going to go and compare Rio and three other opportunities that you’ve got mhm okay

    So let’s get into it yeah the index okay now that just looks like BHP doesn’t it yeah does sideways move so we’ve seen massive dividends some of the we did a show on dividends not long ago and if someone missed out on that you must go

    And have a look months ago yeah and you can see how back in when was it m May 2021 this is when this whole sector started going sideways so go back and have a look at when you were getting those bumper dividends and when they started and then um correlate it with

    That but look we have seen it continue and it’s the same across the the globe it’s not um you know an uncommon thing especially in the US as well um we’ve seen this same phenomenon happen so if we look at the Historical picture on the chart we can see that that the great

    Thing here is that the the um sector is actually still trading around that prior all-time high that we saw during the GFC and you’re wondering why is that such a great thing because that’s actually screaming and telling me just just keep watching me because um there’s going to

    Be more growth to come because how long have we seen the metals and Mining going sideways you look at BHP and go right back to the 80s and tell me can do that for a few years yeah and tell me where and and that’s why BHP is such a great

    Stock to study because it gives you that whole history on that space got 40 years on that now remember the period 19 sort of in the 1990s where it hit the same level three times they had a double top and a triple top oh that was interesting

    I was like so interesting some time after that around that time yeah but it was so interesting and running on the Rangers that we talk about it was just so cyclical it was like brilant Tech it’s still cyclical but it’s just the patterns have got really weird in more

    Recent years and so you know is the AI having an influence on that I’d say it is it’s probably frying it brain isn’t it that’s what AI doesz yeah so in terms of the position where we are now that support around that 6,000 points all we need to see is

    A a reversal a heading back up above this High here um back in December and then we’re off and racing I’d say oh yeah and and like you rightfully said you know um the thing with this sector in particular it it’s moved strategies from like you said growth to then income

    And now back to growth so I would not be surprised if we start moving um and not tracking sideways anymore and you’re again totally right the fact that it’s holding Above This previous all-time high is a very very important point that shouldn’t be um taken lightly thank you

    I agree all right all right so let’s now look at the potential growth in Rio and the three other stocks that we’ll show you now I would like you to both share the stock you believe will provide the best returns o that’s the challenge all all right now um the interesting thing

    Is that um when we looked at what Goldman Sachs was saying about the sector yeah and they were talking about how um the these big mining companies have cut their dividends but there’s a lot of them that they still like and see growth opportunities there so what we

    Did is we had to look at each of the ones that they were talking about Rio is obviously the big um one of the big ones in the space and we’ve talked about BHP so I thought better talk about Rio and if we expand the longterm about for skew

    Why wouldn’t we talk about that as well because we talked about you know I don’t want to wear for skew out we want to save that for how do wear out a stock we want to save that for another time to talk about that one but we will

    Come back to you and discuss that one I can assure you there a lot of medals and mining companies that I think we should be discussing well look I only had a certain number and look Goldman sax is you know they’re always right aren’t they so there was like about 10 of them

    They listed why did we stop at three yeah okay well look I’ve got I actually have an extra one in there I snuck one fig that’s my usual sty so you’ve got four now not three so that we we’ve got Rio aluca BSL sgm and lus in there to

    Talk about if we can fit all those in there so Rio as we were looking at before with the index isn’t it funny probably doesn’t surprise any of our students out there to think that the Rio chart looks pretty similar to what the index looks like but the funny thing

    About Rio is it’s actually well above that point that I marked on the index and it could come back and test report on that that um lot blue line but if it only comes back gently and then takes off look out you just want to be

    Watching this space I would say yeah and um you know if we zoom into closer price action there it’s had that really nice run up out of the October 22 lows and um that pullback is a healthy pullback which is Consolidated and the stocks are up and you know our students will also

    Know that when you see certain unfoldings like this which which can you know fall into the category of patterns it’s not uncommon for for stocks to come back and test these levels and then really make that next leg up and and do it quite strongly so um quite for for

    Now it is looking like it’s going to pull back um albe it February has been a bit of a quiet month for this stock and if it if it can find its way to hold support around these levels here and shoot back up then I think we’re going

    To take out this alltime High pretty quickly yep I agree with that too and our next one is a Luca now interesting that’s what you’re going to say this was this was Janine’s choice so you know I going to say was quick on this is Janine

    So this is so so this is um these one these stocks actually when you say it’s my choice are you saying this is my preferred we haven’t even got to the point where we deci at well he’s already made your decision he’s already made it what’s going on here I don’t know gone

    Risky all right it’s it’s this is this is not a democratic dictatorship okay well look um looking at Alca we can see that it has incredible Rises wouldn’t it be funny if it just shot out of the box then you’ll be claiming it as yours then I’m not

    Coming in next week no that’s it all right so so 437 up here and then the next one we’ve got there if we’re looking at this oh I just missed that bottom um 250 or there abouts not bad so if we got another nice

    Little rise up here we could have a um a really nice Trend that goes to a new alltime high and you know the M boggles as to where that could go when it does get going so I guess you know I do like auker it’s come back to a really

    Important support picking up those highs there um potential reversal not yet really confirmed just in the early infancy and and the only thing that’s concerning me though and and being sort of a little bit more the foot in your camp for once yep is that there’s no real um push

    Back up as it fell away so we don’t really we haven’t got a true test yet to see that the buyers really are going to reject that low and they’re going to take off from there so we just need to see a bit more of a test of that and if

    We get that then it could be a nice little shortterm opportunity because there’s some resistance just here which is where it stopped on the high so far this week so that’s a ler and that looks interesting do you want to talk about can I you I mean Phil says this is your

    Stock oh Jes so I want to know why this is the your pick I never said it was I’m just being put on the spot here so it’s not your P jump the gun we got to get to the end have a look at them all first you know and we’re cheating we’re

    Cheating what saying about jumping the gun you no no just give it to them now so you’ve already looked at this so you know which one your pick is already okay BSL I’m moving on you’re moving on to BSL she’s not she’s not playing the game

    Phil no not playing all right so before I take my bat and ball um you can see there that blue scope still is um a really nice stock to look at now this pullback we’re seeing is absolutely beautiful if it pulls back and then starts moving up from there we

    Could see a whole new you know territory in terms of the rise what do you think Phil well yeah even since the the significant low in 20 12 you can see how cyclical and just smooth this stock is it it you know has these really nice three-wave pullback patterns where it’s

    Done it here once it’s done it here a second time and a third time and each time it comes out it comes out and not volatile it comes out really smooth and and continues on with these uptrends which it looks like it’s doing now like

    You said this month’s been a bit of a pullback month but analyzing that whole move from September 22 it’s higher highs and higher lows so for me you’re right it is in that medium-term uptrend for now and uh if it can take out the highs of August 2021 then really the all-time

    Highs the limit just before we go forward let’s just have a bit of a look at it on the weekly chart because um it sort of it really surprised us when we’re looking at it because it just took off week after week we didn’t expect it to do that um move particularly given

    The rhythmic nature of these Rises it goes up goes down and it just has this sort of bouncing ball effect and then all of a sudden that which was really sort of out of outside the personality of the share over recent times so but I think the big thing that was holding it

    Back was this resistance here which it’s now finding support on so I take your point you know if it finds support there and continues to move up it could do nicely from there alternatively if it takes out um last week’s low I would just just keeping yeah I agree y okay so

    That’s the next one sgm um Sims medals has actually been a bit strange lately and we’ve seen it pull back so it may end up being the more the dog stock of the list with don’t know yet but watching it yeah so far it it it looks

    That way it’s um definitely been the one that’s performed least um least best out of all of them it’s it’s really gone sideways since August 2021 it’s had that really big move down from May 20122 quite sharp few months and not really recovered just lagging sideways throughout this period um really you

    Want to see this stock break uh the high here in now I need my glasses probably but April 202 if it can take the high out in April 2023 then you would have the I guess some inclination that perhaps the stock wants to continue on with a bit of an

    Uptrend but if it if it is to break the low of November 2022 then again just one to put on the back burner and and wait for Better Price why did you call it a dog stock well look it’s just reversed this week and gone down strongly so out

    Of the Goldman Sachs choices this one may end up being the worst one out of the lot yet if it takes out that low in um this low that Phil was talking about before I think 1197 if it falls below that then I would take it off the list if it turns around

    And goes up above this high in December then it’s going to take off but one of the reasons why I like these sort of setups because we don’t get emotional about these sort of things other than to just about it but what’s really good about it is when a stock turns back from

    A level CU I know what it’s like for new um Traders and new analysts they they sort of look at it and they’re thinking I’ve done all this analysis I’m waiting it goes to trigger my entry and then it fails and doesn’t go I have to trade it

    I have to trade it cuz it done all the work doesn’t go through it it’s like I spent my money on my lollipop I’m going to eat it yeah well I’ll buy it anyway but you don’t but anyway um in this situation the fact that it’s gone

    Up again a third time to that or fourth time to that same level and pull back actually just gives you more certainty about the direction when it does take it off through that do you think it’s getting near to finding support for this move down and about to turn and go up

    Again it could be but in its history I mean if if we look at the chart in its history from around 2012 it’s really only ever gone sideways and if I put a horizontal line up here it’s really gone sideways hovering around if we zoom up a

    Little higher around that $180 I’d say $11.70 it’s floated there for the best part of 12 years only tracking up you know a little either up or down and finding its way back to that $180 $12 let’s say it’s a trading St if you will

    So it is in a Range more than anything it is in a range and it’s got to do a bit more before so while miners are still digging the stuff out of the the or out of the ground perhaps it’s not going to be as big but maybe um if

    Something changes and we get another burst in the market it’ll just go up with the rest of the market potentially that’s what I’m wondering but you know obviously industry have to drive demand for their yeah the product anything else you want to say on this one um no I think that’s that’s

    Pretty much it’s it’s the the not excited about it so definitely not your P can you tell no I can’t tell that one it’s definitely not your pig next next as they say next okay so this one is lonus uh rare earth now this is actually

    A favorite stock of a lot of people watching this stock and so are we we got so excited about it when it started to take off and then it’s just Fallen away made a new low short-term low but the trend is looking really interesting this trend coming down I’m just going to

    Expand the chart up and show you a bit closer but it the reason I’m showing you the history is because it has had such a volatile history and that’s what you really got to be aware of because even when stock like this looks like it’s

    Starting to go up it can no sooner turn around and go down again and that’s the problem with it but um in the short term if we’re just looking at this um move down we can see that you know it’s still hitting its head on the angle as it’s

    Falling away and that’s what we want to see it um break if we can see it break that angle then we’ve got hope but at the moment it’s probably just going to settle back down to this sort of level in May 2021 and then we should just

    Watch it after it does that but I actually like this even though it’s falling and you might be this is right up my alley feels feels like he’s like a r cup they waiting to get out of those Gates right now so he’s like ready so

    Don’t hold the horse up look look this stock here I mean if you go back to the Chart this one’s really right up my alley um volatility is beautiful when it runs it runs you can see that when this stock runs up it Trends very very well

    And very fast um which is what you like when you’re a a a shorter to medium-term Trader there are a lot of opportunities on this stock and what I actually really like about this most recent period you’ll see that over the history of the stock anytime it’s Fallen it’s it’s

    Resembled the Rises so when it’s gone up sharply it’s Fallen sharply but contrary this current period it’s had now it’s it’s had this nice run up from March 2020 and from January 22 to 24 it’s pretty much gone more of a a a sideways really struggling to to repeat that

    Really volatile down movement so to me it’s telling me that the sellers aren’t acting like they were in the past and and it’s a good sign it’s only Fallen if I had to guess about half of that move up and like Janine said if it is going to start rising and and potentially

    Breaking above this uh trend line that she’s got marked here and some of these levels where I’ve got my mouse cursor over then this stock once it runs so you can betch a bottom dollar that it’s going to run hard so obviously part of this topic is stocks that are going to

    Run 20% or more this year so this is one of those stocks that you reckon or run can do that if it can take out those highs and start moving on again I really like the way that that pullbacks um uh consolidated so short yep I think I got

    An idea what fil stock is going to be so if we’re looking at companies that are paying some dividends or whether they’re not it just depends on what your total return that you’re looking for it’s it’s about looking at the franking and the the dividend income but if

    You’re focused on Capital Growth and like you said you wouldn’t even be worrying about it whether they’re paying a dividend or not that’s just money for Jam but but a sign that they could potentially not go anywhere until those dividends come back and the the payouts

    Come down that’s the real point of it isn’t it but looking at um aluca that’s probably not my pick right now um because I don’t want to have the same as you I don’t want to be a copycat so look I like Rio that’s my um preference I was

    Betting you were going to do a Luca I just wanted to be the opposite of what you thought I was going to do that’s what I she’s a Rio girl through and through Rio all she thinks about is that I think she got I think she’s got she’s

    Got two pillars on her bed one says BHP one says Rio and she goes to sleep on one of them that’s what happens isn’t it exactly terrible but anyway so you like Rio mhm lonus definitely lonus you sure no 100% yeah you don’t want to go for Luka

    I’ll stick to so Rio and lus of those two so if you do like those stocks obviously do your own uh research and everything but if you’d like us to share more on mining stocks please comment below after the show and we’ll do our best to incorporate your idea into

    Future topics now well that is it for our topic for tonight but stay tuned um with us as we still got plenty of emails and stocks to go through but before we get into these for those watching on YouTube YouTube you can watch all of tonight’s show plus the exclusive

    Content on talking wealth.com so just head over and grab your free 7day Tri another benefit is that every Monday I produce my weekly strength stock market report where I share my views on the market and some great buying opportunities just yesterday I believe I shared five to 10 stocks that I know

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    Going to get into some more questions so now is your time to pick up your phone and give us a call on 0392 998 that’s 039 29098 or you can text the number on your screen and whilst we wait for your call let’s get into our next email

    And next question is from Daman who says Hey started watching your show and would like your thoughts on aru I bought a small portion of this stock for 42 cents due to hype on the news when I started investing I have not sold and taken a 64% loss uh my question is after

    Watching your show I believe it is time to buy as it is broken out of its downtrend am I correct thanks now the question he said he’s taking a 4% loss that implies to me that he sold it but then I’m not sure whether he sold it or

    Not or is he if he sold it is he just trying to get back his money that he’s lost possibly and trying to trade it again chasing it chasing so what are you we could we could talk about both sides of it the first side is that obviously

    You don’t want to be chasing a stock just because youve made a loss on it but if you are still holding it and hoping that it’s going to go up you could actually be right he could be right because it’s just turned through a trend line like you don’t fix one bad decision

    By making another one that’s we see that so often people lose money on in saying that what you talk about is if that someone was holding a stock you know that had no training yet and they’re in a stock that’s been in Decline long term what what are their options I mean it’s

    Probably gone down to maybe a fifth of what it was worth or 20% of oh he said it’s down 60 something and the thing is it’s what we talk about all of the time it’s like if you lose money on stock don’t think that it owes you money you

    Know and that’s one of the worst getting emotional about that cuz as said earlier we don’t care whether what the stock code is or whether it’s going up or down we just need to know is it going up or down and we decide to buy or not yes so

    Just because you’ve lost money on it doesn’t mean you should be going into it to try and get back your money if that makes sense so let’s have a look at the chart what’s the chart say so look on on the chart it’s um it’s definitely true

    That it has broken a trend line on the weekly chart um so at s32 and then a 10 yeah and that’s the point um this Stock’s been falling from um you know March 2023 all the way up until a few weeks ago and the way it’s Fallen we’ve

    Only seen really two weeks of Rise that um if we put the the price range percentage tool on there you’ll see that it’s gone up about 30 34 35% but you know we’re talking about a 34% Move versus a almost an 80 85% fall um it is

    34% because it’s coming out of those lows but if you measured that in terms of uh just by looking at the the the um movement without using percentages it’s gone a a smidgen of what it’s fallen and so to me um a few weeks up versus years

    Of Falls is very early yeah you wouldn’t want to count your chickens as Farmers would say you know well it’s important is it never I guess so really oh You’ missed out well my daughter’s been a few times at least you’re giving you that exposure to different things get back to the stock

    Guys okay can we look at the stock now okay um on the chart there you can see where it’s made that bottom one of the interesting things about it is it hasn’t actually performed like that for a long time if you go all the way back here we

    Haven’t seen that sort of move up and the degree of the Fall that it’s seen from that high is sort of in the zone of where you’d expect it to turn around again and you know there’s a bit of support from this um low over here so

    I’m thinking that he could be onto something but I don’t want to give him too much F false hope like you said we haven’t seen a test of that low yet we really need to see it go up a bit more and then come back test that low before

    We know whether it’s going to take don’t jump early I mean he made an emotional decision to get into it and I’m assuming by what he wrote he understands that um now he’s trying to do it the right way but it’s probably a bit too early and

    And just because the Stock’s broken a trend line doesn’t necessarily mean that it has to reverse from that point no that’s right correct correct so just just be careful but thank you very much for Emil and keep watching the stock as well now our next question is from Tom

    Who says hello Dale I have a question regarding DDR I recently purchased it on the 12th of October 2023 at $102 um I currently have a pretty tight stop loss in place as I feel the stock has started to Trend down according to my basic knowledge my question is do you

    Think it has started a downtrend or is it just cooling off before its next run seems to have broken a trend line on the weekly chart however I’m not trusting my application of this would appreciate your thoughts Tom good one look I mean really interesting stock and Tom you got in at

    A really good point there I really like it um in terms of the nice Trend up and the pullback it I look it doesn’t look like it’s going to fall away heavily but you know reporting season is one of those times that you he got a feeling

    Yeah I’d be w i don’t trade feelings first thing I I like to know is when is they reporting when’s their ex dividend date those two things are really important to know um if the X dividend date was coming up and they paid a dividend I’d be saying look there’s a

    Potential for them to drop and often stocks can drop be beyond the dividend point but in the short term there’s not a huge concern if it took off below this low on the 2nd um of February 2024 then I would be saying you know it’s more

    Likely to keep falling so until it does that I would just sort of watch it but looks nice doesn’t it yeah look it does and and he’s he’s right in saying that the stock has broken an uptrend line so you know generally we know that the

    Trend lines are the tightest form of of of trailing the momentum of a stock and it is the first indication that perhaps you know things aren’t super rosy with this stock but as you said it’s not the total indication because the stock has been rising so strongly I mean if we

    Just focus on the monthly chart for a second the Stock’s gone up from July 20123 and not only just gone up gone up for the past 3 or 4 months of those three or 4 months following but look at the nature that it’s gone up in really strong green bars which is quite

    Different to what’s been happening um particularly in the recent history of this stock you know that took a lot longer that run up to to move up here we had a nice run up but again it took a little while for it to get there this

    One’s done in in about 2 3 4 months we’ve seen two months to the downside and it hasn’t even really gone through halfway of November’s um bar so for me for now it looks like a pullback from the bigger term perspective and like you

    Said if it can take out the highs of 11 90 to 1220 there um which is the December 2023 High then I would uh expect a resumption of the uptrend here so if it did fall um where could it go so if we if we just have a bit of a look

    At the chart here and expand that up we can see that there’s some really nice support across there and it may come back to that so it’s worth having a look to see where if it did fall um what’s the downside risk and you know it’s it’s

    Got a level where it is right now that that may hold as I said before four but just below that just got to be mindful if it does take out that low of that bar I mentioned it’s more likely to come back to this line closer to $10 and like

    Um you know we talked about with previous um people who have emailed or texted in it’s better sometimes to take um take the money and go if it does trigger the rules then you need to be following the rules and get out but I know there are times and and I’ve done

    It and I’m know that you’ve done it and I’m pretty sure you’ve done it to where a stock crosses a trend line and it gives a technical sell signal but we’ve never sold and it turns around and goes and it turns around and goes up because obviously stocks cons you consolidate

    Then break out consolidate breakout and in some of these times of consolidation cuz if as you said it’s moved very strongly up so therefore consol period of consolidation Is Not Unusual normal it’s actually it’s actually nice I mean cuz the the other alternative is that the stock actually falls but this one’s

    Consolidating rather than falling so that’s giving you a bit of an indication that there’s still support for this one yeah Al so when not saying don’t sell if it falls away we’re just saying have some good rules around it do some more research around it and make

    Sure You’ you’ve got it so thank you very much for your email anyway now we do have another caller on the line welcome to the Australian stock market show you’re on with Janine and Phil and Dale who have I got there a Michelle is it hello Dale Michelle here how are you

    I’m fantastic late but Happy New Year i’t spoken to you since last year how are you I’m fantastic I was waiting for you to call and I know Janine was cuz she loves it when ladies call into the show she gets so excited when she sees the lady’s name up there so

    Sorry question yeah cocka I I’m making a nice little profit out of cocka yep and my question tonight is um okay when I last looked it was $312 a share um I bought the $200 um last year so making a nice little profit on this my question is I

    Want to protect my my profit margin so that keeping an eye on it um if it goes down to make sure that it doesn’t eat into my overall profit loss and I just needed a comment from you please yeah are you using any stop loss or any sort

    Of trailing stop loss at all I’m so can say again I’m sorry are you using any stoploss or a trailing stop loss yeah yeah um I’m using usually about what I buy a stock and it goes below the um original stock 15% okay so but I wasn’t sure whether

    Perhaps if I should use that same 15% for a profit when a profit starts going down um compared to when I have purchased a stock does that make any sense yeah it does it does are you the same Michelle that’s done our trading Mentor course I big a pardon are you the

    Same Michelle that’s done our trading Mentor course yes yes yes yes okay so in that there’ll be there’s some rules around buying and selling using Dow um so go and re refresh yourself on that because the guys will help you out with where you put your stop loss

    Because you want to try and protect a lot of that 50% profit that you’ve made so yeah so my suggestion is go and have a look at that again in the course of how you can use that to exit um and then the guys will help you but thank you

    Very much for calling in and happy near Year to you too in the in the book um that you wrote You’ve Got you’ve explained how to apply trend lines can I explain before before before you answer this Michelle is legally blind um and I think she has some other

    Disabilities as well it’s extremely difficult for her to study and so she’s taken on our trading mental course and got through it so she’s just an inspiration like people make complaints like I don’t have enough time you know and she’s trading and she can’t even

    Read the charts prop W so she can’t see them so that she’s got people to help her like helpers but she’s just I hear the guys keep telling me all the time the the um the team that look after and help her um we just saying how how

    Inspirational she is so there you go you can have the stock now so you can help her yeah and and and good on you um you’ve picked an absolute beautiful stock U Michelle so if we go to the chart on on Co we’ll see that um it is

    There is an up trend line that Janine on so um what I will say you because she has done the course um rather than putting a stop loss based on a trailing stop on 15% or a numerical value because as we all know putting a numerical value

    Stop loss you as you Trail the stock up you you really run that risk of the stock hitting your stop loss only to then reverse and continue what it was doing in the past and you’re going to leave a lot of money on the table so um basically what I’m talking about is

    Getting that confirmation from the techniques that she has learned yes which are as you’ve said the D and the trend lines and all that kind of stuff so if she can get to the chart and do a little bit of work around that that’ll really help consolidate what when would

    Be a good time to get out of this one um look uh Michelle you’re amazing can I just say fantastic and look I would just like to share something um about the trend lines because trend lines are obviously a really simple similing simple tool but there’s lots of rules

    That go into making sure that you’ve got them right but the good thing about cocko is the way that it the angles of the the Rises it’s really nice and easy to get a line up underneath that and I just think with her 15% stop loss

    Sometimes you can give away a lot more than what you need to and this stock can be really volatile so I just look at the personality of this thing each time It reversed here 3 months down but look how far it fell it fell during Co you want

    To check to see how far it fell versus the rest of the market and then when it lost ground here again it fell just over four or five months quite a few stocks will fall for a lot longer than that the degree that it’s fallen so I’d just be

    Watching and saying well look has this run its race and could it have um you know only just a little bit more to go and sometimes it’s safer to take that trend line than waiting for the 15% loss because look where you’d be if you got

    Out if you look at that Weekly chart all the way down here so I just think that’s too much to give away so at the moment she’s okay with this stock just to make sure she’s setting a trailing stop let go back into the trading mental course

    And look at those that the rules in there to follow that or use a trend line that Janine talked about so thanks Michelle for calling in um we really do appreciate you taking the time to do that now our next question is from Sunny who says hi Dale and Janine I hope

    You’re well I’m wondering what your thoughts are on A2 milk I do not currently hold it I would appreciate your views on entry and exit points would like to hold it for shortterm less than six months regards Sunny well I’m got news for you Sunny we’re not going

    To give you entry and exit points um it’s not something we can do today because what you’re asking us to do is give you how long is a piece of string so we’re going to talk you about A2 milk and whether we like it or not but to us

    To give you an exer strategy today it’s going to be irrelevant tomorrow and that’s a really good point especially given where it’s trading the way that it’s unfolded it’s impossible to do that really I think people go oh just tell me to buy and sell where I’m going to buy

    And sell today and it’s like how do I do that because you don’t know which way the wind’s blowing tomorrow and there’s a lot more in it when you say that buying and selling requires back testing it requires doing analysis on a stock it

    Requires a lot of work so to be able to think that off the top of your head it’s you can’t you got to do the work well we could give we can actually say would I buy today that’s what we could say we could say would I buy today and the

    Answer right now would be no um I’m just looking at it right now and I’m looking at the weekly chart there you can see I’ll just expand it up a bit and it’s just taken off it’s had 1 2 3 four five so um some people will be saying oh this

    Stock’s been going up it’s finally taking off again but it’s still not clear as to whether it’s actually going to go up or not I mean there’s a gap there there’s a little Gap that’s unfolded there um it’s too early we’ve seen one little retest of this low here

    But you know it’s it’s a higher risk thing if you in the trade um way back here after it took off around that bottom and you were taking a really shortterm trade fine but to try to get in now well I I did pick this as a shortterm trade in December I talked

    About it on Money Magazine on my podcast for Money Magazine I said E2 milk and it’s gone up since then but it the point is that we could tell somebody a Buy Signal today that might trigger in the next week or two but in the next

    Week or two that whole thing will change yes exactly so it’ be just really responsible for us to give you a buy or sell signal Sunny you need to do the work and understand what you’re buying and why you’re buying it and have your rules around all of that now we’re going

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    6 Comments

    1. Thanks for this channel. I always do enjoy your shows!!! – Especially liked tonights show with the talk about the australian metals and mining world and many useful hints to delve into. Hope you will forgive me for being so blunt. – I relly loved that the show had a bit more of the technical analysis part and less lengthy bantering and interrupting each other than the last ones…

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