Pre-market Podcast Friday – The Pause that Refreshes
The market takes a breather – to be expected – oil down 4%, Lithium sentiment takes another hit
Members Podcast Friday – Hold
We’ve hit the Doldrums – tiny trading range today – Sohn Hearts and Minds gets some attention
END Of DAY Report
MAJOR MOVERS SPR +7.7%, EVN +4.2%, OBM +5.6% Gold flying. NXG +4.8% Gets a boost from Sohn Hearts Conference. CAR -4.4% Telecomms under pressure. GQG +6.9% Asset management in focus. AWC -2.1% State Street sells out. SVW +3.6% Buyback. MEZ -1.3% Utilities fall. ASX +2% Interest in the stock market returns. 4DX -9%…
End of Day Report Friday – ASX Ends Mixed
The ASX 200 finishes the week down 9 points to 7049 (-0.1%) in a narrow day of trade but closes out the week up 1.04%. Broad sector weakness today, lacking any direction. SPI
END Of DAY Podcast – By Marcus
Quiet day – narrow range – the pause that refreshes
Technical Scans
TECHNICAL SUMMARY
Multiple stocks overbought on a daily basis following yesterday’s big gains.
GMG hits a 52-week high and is overbought on a daily basis.
After languishing for months, CSL is coming back to life.
Pre-market Podcast Thursday – Foot off the gas
The Futures are down 4 points this morning as we think about the 5.2% rally
Marcus Strategy Thursday – Foot off the Gas
The foot came off the gas a touch overnight although the Dow Jones was still up 164 points. The futures are down 4 points this morning, just taking a breather after a 99 point (1.4%) rise in the ASX 200 yesterday. The ASX 200 is at a two-month high.
Member’s Podcast – Thursday 16 November
Foot off the gas – US markets take a bit of a pause.
The Strategy Portfolio is now up 26% this year compared to the ASX 200 up 1%.
A look at the Marcus Today SMA performance.
End Of Day Report – Market Takes a Breath
The ASX200 fell 55 points (0.77%) to 7058 giving up about half of yesterday’s gains as enthusiasm waned. The market saw steady selling throughout the session with the employment numbers not havin