Trading Section

SUMMARY Adding FANG to the Trading Portfolio. Iron ore up on renewed Chinese stimulus. Will BHP start a new uptrend? China ETFs print daily buy signals. MQG breaks resistance. Time to get back in. WES prints a daily sell signal. COH hits a 52-week high. Adding FANG to the Trading Portfolio to get some big…

Pre-Market Report

Wall Street closed mostly higher overnight on continued tech enthusiasm and the upcoming “magnificent seven” mega-cap results. S&P 500 up 0.29%, NASDAQ up 0.43%. The Dow Jones fell 96 points (0.25%) after 3M dropped 11% on results (the Dow Jones only has 30 stocks in the index and 3M happens to be one). The biggest…

Marcus Take Wednesday – Betting on Big Tech

Netflix up 8% after hours on results. Everyone wants to believe in Big Tech. Why argue? Adding FANG in the Trading Portfolio. It’s a gamble. Not for everyone. Record highs in the US again. Big Tech carrying the rest. New Hampshire primary is likely to see Trump emerge as the presumptive Republican candidate. Lithium Guesswork – and the best guess is “more pain”. Nickel the example. Banks boosting our portfolios. A look at the numbers. Uranium – one broker says it’s going up and up.

End of Day Report – ASX Flat

The ASX 200 has finished near flat, remaining close to unchanged since midday. Individual stocks had a different story with plenty of volatility around during confessions and results season. NAN was the worst performer in the All Ords, falling 33.4% as revenue dropped and costs rose. KGN was one of the standout performers, rising 14.9%…