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…

Pre-Market Report

Wall Street advanced overnight, with the S&P 500 achieving a record closing high, driven by gains in tech and growth stocks. The Dow rose by 0.34%, the S&P 500 by 1.03%, the NASDAQ by 1.51%, and the Russell 2000 by 0.81%. Powell's remarks before a US Senate committee were largely uneventful, removing a lingering uncertainty.…

Retirement Today

Macquarie The ‘millionaires factory’ is famous for its rapid growth and profitability. Macquarie Bank gained that tag line when a million dollars was a distinctive marker and its senior staff were able to earn a very high income through generous salary and bonuses. As a bank it was seen as ‘the new kid on the…