Members Podcast This Week
All of this weeks members podcasts in one place.
Marcus Weekend
Good morning everyone. What a week. The US markets have just had their best rally this year following their worst sell-down. Volatility has a lot to answer for in the last couple of weeks. The excuse for the rapidity of the sell-down and the relentless six-day buyback have been put at the feet of volatility-sensitive…
Overnight Friday – Wall St Closes Out Its Strongest Week of the Year Amid Fading Recession Concerns
Wall Street closed out the week higher in an uneventful day of trade. The S&P 500 and NASDAQ rose for their seventh consecutive session advancing 0.20% and 0.21% as most megacaps gained, with Nivida leading the charge, up 1.4%. The Dow Jones finished 97 points higher (0.24%). Up 163 at best. Down 109 points at…
Henry’s Weekend Take
THE WEEK THAT WAS It is always interesting to see what you write during a bout of volatility. Sometimes I forget what I have written. So, I had a look at last Saturday, when the world looked a little different. I have only used selective quotes to make me look like a guru. A bit like…
Henry’s Take
Sold my GEAR – Looks like a little early.
Added AD8 for a bounce from oversold.
Adding PLY.
LRS – PLS makes a move.
End of Day Report – NAB Books Flat Profit, Cautions on Increasing Mortgage Arrears
ASX 200 roars 106 points ahead to 7971 (1,.3%) up 2.5% for the week, to finish 30 points above where we were two Fridays ago. Results and reactions the focal point with US strength helping all sectors. NAB with 3Q trading update helped the sector, CBA up 2.,4% and the Big Bank Basket up to…
Pre-Market Report – Surprise Upside in US Retail Sales
US equities rallied and bonds tumbled after US retail sales data signalled resilient consumer spending. The result has eased recent fears that the Fed would be risking a deeper slowdown teetering on recession. The S&P 500 rose 1.6%, extending its winning streak to six days (+6.6%). Most sectors ended higher, with Consumer cyclicals leading the…
Marcus Today Podcast
This is our Daily Podcast exclusively for Marcus Today Members – Everything you need to know about our strategy portfolio decisions and the stock market, every day.