Marcus Take Friday – Europe has a problem but Big Tech doesn’t

Box 1

Great PPI numbers. Good Jobless number. Bond yields drop again. Eyes on PCE Price index number on June 28. Big Tech carries on – Adobe up 16% after hours. Nvidia up 3.5%. Europe worrying about politics. Resources down again as the US dollar rises. Australian Iron ore producers trapped in China. Education Corner – The Thing That Waste Your Time – Part 3

Trading Section

Reports Section

SUMMARY New trades added yesterday, off to a shabby start. Commodity prices fall as the USD rises again. Glad we didn’t get into those copper stocks yesterday. US bond yields down, the rising USD having more impact on the gold price. Will see if NST and EVN hold up today. OPEC bullish on oil demand,…

Marcus Take Friday – Europe has a problem but Big Tech doesn’t

Box 1

Great PPI numbers. Good Jobless number. Bond yields drop again. Eyes on PCE Price index number on June 28. Big Tech carries on – Adobe up 16% after hours. Nvidia up 3.5%. Europe worrying about politics. Resources down again as the US dollar rises. Australian Iron ore producers trapped in China. Education Corner – The Thing That Waste Your Time – Part 3

Baby Zoomers and Baby Boomers

SMSF

Bored by yet another online University Lecture during COVID on Zoom, my son got off the computer in frustration and said "If you're a Baby Boomer Dad, then I'm a Baby Zoomer!" I onvce ran beginner's courses in the stock market called “An Introduction to Finance and the Stock Market”, and whilst most Marcus Today…

Trading Section

Reports Section

SUMMARY Fed and US CPI risk out of the way. Adding new trades: WDS, NST, EVN, AD8, EOS. Oil up again overnight. Adding WDS after a broker upgrade yesterday. Bond yields down in the US after softer than expected inflation. Adding two gold trades NST and EVN. Adding AD8. Bottoming at the $15 support level.…