Members Podcast This Week
All of this weeks members podcasts in one place.
End of Day Report
ASX 200 drops 75 points to 7568 (-1.0%). Anyone would think there was a war on. Down 2.8% for the week, News filtered through during the morning of an Israeli strike in Iran, US futures plummeted, gold shot higher to $2415 at one stage and oil was catapulted above $90 again. Down around 150pts at…
Trading Section
SUMMARY Sold KAR @ 215c. No change to BPT. NASDAQ down 0.5%. SNAS timing is looking good. MQG prints a buy signal after one good day. Nothing substantial to the bounce yet. Staying in cash in the OSP. Recent iron ore gains not having a great impact on FMG. Staying in cash in the FMG…
Members Podcast Friday – Israel responds, Gold and oil rise, markets drop
An Israeli retaliation has markets on the back foot with US Futures dropping
Pre-Market Report – Netflix Falls in After-Hours Trading Following Results
Wall Street closed mostly lower overnight, ending near worst levels after economic data and hawkish Fed speak reinforced speculation that rates will remain higher for longer. The Dow edged up 22 points (+0.06%). Up 330 points at best, down 72 points at worst. The S&P 500 and the NASDAQ booked their fifth straight session of…
Henry’s Take – Are You Doing Better than the Market?
DRO gets greedy?
Where are we now? Is this an Ali fight?
Is Elon taking the proverbial? Roadster anyone?
Are you beating the market?
Marcus Take Friday – Some big signposts coming next week. Education Corner – Renko charts.
Forget no rate cuts. There is talk of rate rises. Some big signposts next week. US Big Tech Results season starts with a 4.8% fall in Netflix. Clear short term sell signals in US market. Selling KAR in the Trading Section. SNAS trade going nicely. May have nailed it. Education Corner – Renko Charts – simpler, clearer.
Trading Section
SUMMARY KAR closes just above its stop loss again. Oil down 3% overnight. No change yet to it or BPT. Tech and bitcoin continue to fold. SNAS the beneficiary. SFR has an underwhelming day. Likely to resume its upward trend after copper rises overnight. Bond yields take a breather from their relentless march higher. No…