Henry’s Take – What to do with the Banks
• Changes to Portfolio.
• Starting the Special Situations
• What to do with the banks?
• What is the Carry Trade
• The Experts talk risks this year
• Meerkats to the rescue.
Pre-market Podcast
Dow falls over 200 points as Boeing weighs. Fed’s Waller talks rate cuts later perhaps. Yields rise. AUD falls on USD strength.
Members Podcast Wednesday – The Biggest weakness of the stay at home investor
Losing a bit of enthusiasm as we climb down from the peaks.
END Of DAY Podcast
ASX 200 falls another 22 points today to 7393 (0.3%) to a four-week low as banks start to slip.
Gold miners smashed on EVN news.
End of Day Report
ASX 200 falls another 22 points today to 7393 (-0.3%) to a four-week low as banks started to slip. Late rally helping slightly. The Big Bank Basket dropped to $191.54 (-0.4%). CBA led the fall down 0.6%, with WBC off 0.7%. MQG lost 0.6%, though insurers better on higher yields. 10-year yields touched 4.21%. REITs…
Trading Section
TRADING SUMMARY Not adding any Ideas trades while the market has a wobble. Selling MQG and BHP from the One Stock Portfolios. Utilities sector oversold on a daily basis. Indian ETF one of the few indices starting the year strongly. ASX prints a daily sell signal. Not adding any new trades today. WDS is underwhelming…
Marcus Take Wednesday – Climbing down
The markets are not starting the year well – Bond yields are rising, Equities are peaking. We’re taking some profits.
Members Podcast Tuesday – A story about a client with one thumb
Listen to the end to hear about a client with one thumb dealing in Qantas call warrants.
Marcus Take – 2024 Post-It Notes
We’re back. Each Portfolio gets its own section. A look at the Post-It Notes for this year. Pretty comfortable with the market as we start 2024. Growth Portfolio kicking some goals in the break – JBH and PDN. Income Portfolio restructure pending – less stocks, more income.
Trading Section – S&P 500 At All Time High
The Ideas Portfolio and One Stock Portfolios have been combined into one umbrella section named Trading Section. This will also incorporate the Technical section, subject to feedback. IDEAS PORTFOLIO Action – none today. Not feeling terribly comfortable with the oil price trend. Still holding WDS. Not doing us any harm. TLS was boring us but…