Pre-market Podcast – By Marcus
Quiet one today with SPI Futures up 6 – Big Chips down, Resources up a bit, Europe recovering
End of Day Report – CBA Hits Record high, Closing in on BHP as Australia’s Most Valuable Company.
The ASX200 has finished the day up 27 points (0.34%) and up 72 points for the week. Utilities and Energy were the best two performing sectors on the back of last night’s oil price rise. WDS up 1% and KAR up 3.6% on a broker upgrade. Utility stocks ORG and MCY saw big gains on…
Marcus Take Podcast Friday – Quiet one – Lithium stocks belted
The Mexican Wave peters out – Alternative stop losses – Lithium stocks getting belted
Trading Section
SUMMARY EOS roars 10.9% higher. High volatility was promised. Up over 20% in three days. Raising stop loss. NST follows the gold sector with an afternoon rally, EVN lags. Both gold and bond yields up overnight. WDS flat yesterday as expected. Set to rise as Oil gains overnight. Raising AD8 stop loss to $15.53. TWE…
Education Corner – Alternative Stop Losses
THE REALITY OF STOP LOSSES Stop losses are a discipline that allows you to let your profits run and cut losses. But as anyone who has started using stop losses for the first time will tell you, you get the logic. You think it's a good idea, you start out with best intentions, but after selling…
Marcus Take
SUMMARY Quiet Friday – SPI Futures up 6 – good day for a lunch. Big Chips pause as Resources steady. Rate cuts are coming – UK inflation back to target. Guzman y Gomez – Nothing to do with value – it's a liquidity squeeze. Whats on next week – Some CPI numbers. Education Corner –…
Pre-Market Report – Microsoft Retakes Top Spot as Nvidia Drops 3%
Wall Street ended mostly mixed overnight. The Dow Jones outperformed, advancing 300 points (+0.77%). Up 398 points at best. Down 56 points at worst. The S&P 500 briefly topped 5,500 points for the first time ever. A year-end target multiple brokers have forecasted before losing traction, falling 0.25%. The NASDAQ fell 0.79%, snapping a seven-session streak of record…
Everything you Need To Know About Stop Losses
The life of a trader is not what most of us might imagine it to be – ie. glamourous, exciting and paved with gold.
Marcus Take Thursday – Musk Fueling Big Chips
US Closed – Europe asleep awaiting French and UK elections. How to spot the weeds in a Portfolio. Musk keeping Dell and Nvidia in billions. Henry’s Take – Nothing to report today. A Letter to Investors from John Abernathy – The Steady Voice of Calm. Education Corner – Stop Losses – Essential education.