Marcus Take Tuesday – Results season in full flight today

Wall St closed – SPI Futures up 1. Stocks we hold with results today – BHP, SHL, MMS. We have a look at WBC and COH – we hold – results yesterday. Results season is all about dodging bullets. LLC down 14% yesterday. CBA ex-dividend tomorrow – High enough but not scary. Nvidia results this week will be a signpost. The definition of backcasting – Goldmans ups their S&P 500 target.

Pre-Market Report

Wall St closed lower on Friday night after the last economic data reduced the chances of a near-term Fed rate cut. The Dow Jones fell 145 points, the S&P 500 down 0.45% and the NASDAQ the worst. Off 0.82%. The three major indices finished the week lower after five positive weeks in a row. Core…

ASX Today

The ASX200 is up 22 points (0.3%) in a quiet start to the week. Big miners are keeping the market in the green today as China reopens. BHP, RIO and FMG up 1.8%, 2.1% and 1.7% after the former two fell last week. REITs are the worst performing sector after bond yields rose on Friday…