Members Podcast Tuesday

Turning our focus to the MT Portfolios. Low volumes ahead of US inflation and jobs numbers.Chinese stimulus looks superficial at best. But might help resources short term. Ho Hum market – now below the pre-pandemic high – we need a bull market. Appen (APX) – down 32% yesterday – sometimes fundamentals do work. Results season rolling into the buffers – a lot of stocks now de-risked. Some buyers of BHP – has a dividend coming up on September 7.

Pre-Market Report Monday

US markets finished higher on Friday as the market weighed remarks from Fed Chair Powell at the Jackson Hole Summit. Dow Jones rose 247 points (+0.73%). Up 342 points at best. Down 70 points at worst. While the S&P 500 and Nasdaq added 0.67% and 0.94%, respectively. The narrative from the Fed didn’t change after…