Hebe's top three stock picks | the trade

Описание: Prime Minister Anthony Albanese and President Donald Trump have announced a joint $13 billion investment in critical minerals projects, aiming to reduce China's dominance in the sector. Both leaders commit to establishing guaranteed price floors for new producers and imposing restrictions on asset sales over security concerns. Immediate plans include a $200 million equity investment in Alcoa’s West Australian gallium plant, as well as a $100 million stake in the Arafura Rare Earth's Nolans Project in the Northern Territory. Additionally, Trump reaffirms support for the submarine sales and technology sharing pact, despite a Pentagon review.

Gold and copper markets remain in focus, with Evolution Mining (ASX:EVN) highlighted as a top performer. Hebe Chen from Vantage Markets notes Evolution Mining has risen nearly 70% since August, but flags technical signals such as declining momentum and unusually high volume that could suggest a short-term correction. Support is seen between $10.60 and $11.20, with price consolidation likely before a potential rally.\

US corporate earnings results are also driving global market interest. Chen observes that Netflix (NASDAQ:NFLX) faces high expectations, with revenue tipped to increase 17%. The share price remains range-bound, awaiting a catalyst from earnings. Tesla (NASDAQ:TSLA), after strong gains, turned volatile ahead of its results, with critical technical levels at $413 and $386.