Pre-Market Report

All three major indices in the US finished in the green overnight, with the S&P 500 achieving a new record closing high. The Dow Jones gained 156 points (+0.4%), the S&P 500 rose 0.82% to close at 4,995.0, just shy of the 5,000 mark, while the NASDAQ Composite advanced 0.95%, approximately 2% below its Nov-2021…

Marcus Take

SUMMARY The Wall of No Worries – Until we find something to worry about – it's all-time highs. Buying back WOR in the Growth Portfolio. Down 7% since selling and has bottomed. Coming up – China on holiday tomorrow, Bank results and a US CPI number. US Results getting less significant by the day. SNAP…

Trading Section

SUMMARY Iron ore rose overnight (more China stimulus promises) but fell in January. Staying in cash in the BHP OSP. MQG long and looking good. WDS merger cancellation pricks up the share price. IZZ off to a reasonable start. LTR prints a daily buy signal, thought about adding PLS for a trade. Too risky with…

End of Day Report

The ASX200 has finished the day up 23 points in a narrow day of trade. Utilities was the best-performing sector thanks to AGL’s big 10% rise. The company reported a quadrupling in first-half earnings and expects full-year revenue to come in at the top end of guidance. Tech also had a strong performance following the NASDAQ higher, WTC and XRO up 3.1% and 1%. Big banks…

END Of DAY Podcast

The ASX200 has finished the day up 23 points in a narrow day of trade. Utilities was the best-performing sector thanks to AGL’s big 10% rise. The company reported a quadrupling in first-half earnings and expects full-ye