Marcus Take – Markets Roll On

SUMMARY And so it goes on – Wall St still behaving. Dominos Fall. Lessons from DMP. Is the CBA expensive? More on Lithium. Bought FANG yesterday. Bought Macquarie again yesterday. BHP turning but still not buying. Answering a few Member’s questions today.  STRATEGY PORTFOLIO Reasonable night as the big tech rumble continues. Strategy portfolio well…

End of Day Report

ASX 200 closes up 36 points in another strong day at 7556 (+0.5%) on Chinese stimulus hopes. The index is up 2.8% since last Friday. Resources were passed the baton today, with quarterlies dominating too, FMG leading the iron ore stocks higher up 2.0%, production numbers beating expectation, Iron ore picking back up in Asia,…

Trading Section

SUMMARY Adding FANG to the Trading Portfolio. Iron ore up on renewed Chinese stimulus. Will BHP start a new uptrend? China ETFs print daily buy signals. MQG breaks resistance. Time to get back in. WES prints a daily sell signal. COH hits a 52-week high. Adding FANG to the Trading Portfolio to get some big…

Pre-Market Report

Wall Street closed mostly higher overnight on continued tech enthusiasm and the upcoming “magnificent seven” mega-cap results. S&P 500 up 0.29%, NASDAQ up 0.43%. The Dow Jones fell 96 points (0.25%) after 3M dropped 11% on results (the Dow Jones only has 30 stocks in the index and 3M happens to be one). The biggest…

Marcus Take Wednesday – Betting on Big Tech

Netflix up 8% after hours on results. Everyone wants to believe in Big Tech. Why argue? Adding FANG in the Trading Portfolio. It’s a gamble. Not for everyone. Record highs in the US again. Big Tech carrying the rest. New Hampshire primary is likely to see Trump emerge as the presumptive Republican candidate. Lithium Guesswork – and the best guess is “more pain”. Nickel the example. Banks boosting our portfolios. A look at the numbers. Uranium – one broker says it’s going up and up.