There is a lot of interest in resources stocks and the sector looks set for a good move forward. There are all the usual stories about overseas predators targeting Australian miners, which look cheap on a world-wide comparison.

Martin Angel

Related Quotes

Everyone is sitting on their hands. No-one wants to play with everyone calling a 25 basis points rate rise on Wednesday.

— Martin Angel

A lot of investors are still unsure which way the market will go and so are reluctant to jump in.

— Martin Angel

There may be some bit of caution since we're trading at record levels, but there's a fair bit of money waiting to go into the market.

— Martin Angel

People are unwilling to take positions. There is concern about the Australian dollar because of its connection to rates, but also because everybody gets nervous around such volatility.

— Martin Angel

We don't have large bodies of water to moderate the temperatures.