Marcus Take Wednesday – Climbing down
The markets are not starting the year well – Bond yields are rising, Equities are peaking. We’re taking some profits.
The markets are not starting the year well – Bond yields are rising, Equities are peaking. We’re taking some profits.
ASX 200 falls another 22 points today to 7393 (0.3%) to a four-week low as banks start to slip.
Gold miners smashed on EVN news.
Losing a bit of enthusiasm as we climb down from the peaks.
ASX 200 dropped 82 points to 7415 (-1.1%) in a perfect storm as major stocks all saw sellers appear.
ASX falls to 4-week low as reality bites. Iron ore and miners under pressure again. Banks show signs of a crack or two.
Listen to the end to hear about a client with one thumb dealing in Qantas call warrants.
The Ideas Portfolio and One Stock Portfolios have been combined into one umbrella section named Trading Section. This will also incorporate the Technical section, subject to feedback. IDEAS PORTFOLIO Action – none today. Not feeling terribly comfortable with the oil price trend. Still holding WDS. Not doing us any harm. TLS was boring us but…
Uranium stocks smashing it. PEN target price.
Takedown Tuesday. Retail is one of the targets.
The Special Situation Portfolio
How to save $1000 a week!
US markets closed overnight for Martin Luther King Jnr Day, normal trade will resume tomorrow. US futures slightly easier. European markets finished lower overnight, with both the STOXX 50 and STOXX 600 falling over 0.5% as bond yields climbed, taking their fall this year to ~1% after ECB officials pushed back against market expectations for…