Retirement Today
Feeling Optimistic?
Summer has come and the Cup’s been run. The long weekend saw the first real taste of summer for Melbourne with shorts and sandals being the order of the day. Cup day was beautiful and sunny, but only just.
Henry’s Take – Lithium Vibe Not Good
Karoon to come back on. Might hurt.
Oil price down 4% – doesn’t help.
Lithium vibe not good.
Risk as market takes short-term profits in risk-on stocks.
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
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
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.
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.