Members Podcast This Week
All of this weeks Members Podcasts in one place.
Marcus Weekend
I (almost) never want to wake up to a market that's dropped but it would have made us look clever having taken a few profits yesterday and bought a trade in SNAS. I'll just have to pretend I knew that was going to happen and that we're still right. Even though we're going to look…
Henry’s Weekend Take
THE WEEK THAT WAS An interesting week. Aren’t they all? It was topped off last night by a jobs report that screamed no rate cut in the US, at least in June. 303,000 new jobs added. Does that seem like an economy that needs rate cuts? Nope. You would have thought that this number, which…
Pre-Market Report
US equities ended sharply lower overnight, carrying some strength through midday before reversing in the afternoon as risk-off sentiment kicked in ahead of Fridays jobs report. The Dow tumbled for its fourth consecutive session finishing near session lows, down 530 points (-1.35%). Up 294 points at best. Down 568 points at worst. The S&P 500…
End of Day Report
ASX 200 finished down 44 points to 7773 (-0.6%) to close out a miserable week down around 1.5%. Broad-based losses following the dip in the US last night. Jobs number tonight shaping up as a crucial data point. Banks eased back slightly, the Big Bank Basket off to $207.53 (-0.2%). MQG fell 0.9% with insurers…
Marcus Take Friday – Taking profits and taking a bet on SNAS
The markets are turning over – “Sell before May and Go Away” – we’re taking some profits – its no biggie – just being cute
Members Podcast Friday – Busy selling today
We’re taking some profits today in the Growth Portfolio and adding a bet on the NASDAQ falling – Traders only!
Trading Section
SUMMARY Oil and Gold stocks up, markets down. Trimming the vulnerable, keeping oil and gold. Selling JMS and MIN. JMS as a small cap particularly vulnerable. Will hold onto KAR, BGL and NST. Unless they fall below stop losses. Adding SNAS for a trade and short-term bet that we have seen the top for a…