Marcus Weekend

Good Morning everyone. Well, not so good. Not terrible. SPI Futures down 47. Big Tech cracks appearing. NASDAQ down 1.16%. S&P down 0.65%. Nothing to worry about. Its been a good run – things get more volatile the higher they go. Nvidia down 5.5% – the rest OK. Apple up 1%, having dropped 10% in…

Henry’s Weekend Take

THE WEEK THAT WAS More records this week than the Virgin Mega Store. And talking of Virgin, we even saw a bid for this large bank. A very large bank. And one listed here, and the result albeit convoluted, of the demerger of National Australia Bank’s UK business. This was enough to propel our banking…

Marcus Take Friday – Record highs today…woof woof

AI after-burners are on. Now we’re getting frothy. But don’t sell anything yet. Record highs here today. Powell pacifies – ECB concurs. Aussie 10 year bond yield under 4%. Rate cut hope will soon be a reality and its blowing the equity markets along. Some Lithium shorts covered last week. Iron ore the new target. BHP and RIO ex-dividend. US jobs numbers tonight.

Trading Section

SUMMARY Markets continue higher looking unstoppable, until it all ends of course. We have gotten MQG wrong this time by staying in cash. BHP we made the right decision cashing out in January. Is down 6% since selling. LLC having a solid day yesterday. BOE mulling about with the rest of the uranium sector. WEB…