Pre-Market Podcast Wednesday October 11
US equities rose for a third consecutive day following more dovish comments from Fed officials pushing bond yields sharply lower.
Henry’s Take – More for Gina
SMALL CAP PORTFOLIO SUMMARY Selling into the rally. Some GEAR and some LRS. Lithium stocks bounce on short covering. Gina buys more.Huge shorts in PLS. Volumes rise as institutions get busy. Will it last? IGO – Starting to look interesting and brokers making some changes. Retirement tomorrow. Is money the answer? Only partly. RMD –…
Marcus Take – A Biblical Pivot or just a good day for bonds
Taking a few bets on this Dovish Pivot sticking. Even if it doesn’t stick, the downside is limited. A lots of daily buy signals around.
Weekly buy signals as well. Interest rate sensitive sectors on the rise. Risk on sentiment driven sectors bottoming. If you want to buy banks for a run into results, the timing looks as good as it is going to get. Hamas-Israel conflict being overlooked by the market. Oil price down.
Members Podcast
The Dovish Pivot has obscured the Hamas-Israeli conflict. The Fed messaging has changed. Is it real, or just a moment?
End of Day Report Wednesday
ASX 200 rose another 48 points to 7088 (+0.7%) up for a fifth consecutive session, bouncing back from 6,890 levels just last Wednesday. Almost all sectors finished higher. Consumer discretionary is the top performing sector today as RBA rate hike expectations tapered off, ALL up 1.1%, DMP up 2.9%, and TLC gained 1.3%. Iron ore got a…
End of Day Podcast Wednesday
ASX 200 rose another 48 points to 7088 (+0.7%) up for a fifth consecutive session, bouncing back from 6,890 levels just last Wednesday. Almost all sectors finished higher. Consumer discretionary is the top-performing sector today as RBA rate hike expectations tapered off.
Pre-Market Podcast Tuesday
US markets finished higher overnight, recovering earlier losses following fresh remarks from Fed officials bolstering confidence the Fed will refrain from lifting rates this year amid rising oil prices and conflict between Israel and Hamas.
Marcus Take – Bank Results Seaon coming up – is it worth stripping the Dividends?
Short term buy signals on the US market. Is the Hamas-Israel conflict a factor? Telstra – dividend coming. Worth buying? The Bank Sector Results season details. Is it worth dividend stripping the banks?
Members Podcast
Was that the top for bond yields. The market is behaving as if it was. Up 81 and interest rate sensitive sectors up. The Israel-Hamas conflict suggests we go “Risk Off”. We’re going “Risk On”
End of Day Report Tuesday
ASX 200 blasted 70 points higher to 7041 (+1.0%) as bond yield fell hard on safe-haven buying of bonds. Talk of rate cuts as Israel/Hamas conflict the focus. Gold miners are better but not spectacular, with NST up 1.5% and EVN up 0.3%. Lithium plays bouncing hard as a short squeeze takes hold. PLS up 6.2%,…