Marcus Take Podcast Friday – Big Tech popping with Bond yields dropping
The lull before the Jobs Number tonight – hopes for a good one as rates keep dropping and Big Tech keeps popping.
Are You Fit To Invest
IS THE RIGHT PERSON(ALITY) LOOKING AFTER YOUR INVESTMENTS I did a personality test once. There are as many shades of personality as there are people of course, so in order to make any sense of something so complex the analysis had to generalise which meant pigeon holing us all into categories. This particular stock broker…
Pre-market Report
Wall Street closed higher overnight, ending near best levels driven by gains in tech stocks while the market digested the latest economic data, which may support an earlier rate cut. S&P 500 rose for a fourth consecutive session, up 1.18%, hitting its 25th record this year, while the NASDAQ advanced 1.96%, led by NVIDIA +5.2%…
Henry’s Take – Back to 7800 Again – Tax Loss Time
Added some NEU yesterday.
Tax loss time – Selling some of the dogs.
Seven disappointments that fundies are buying.
Did someone say STAGFLATION?
Marcus Take
SUMMARY Big night for Big Tech – Perfect for us. Nvidia split propels share price. Bond yields are dropping – Bull market ingredient number one. Media looking for clicks with the wrong RBA message. ECB tonight. Jobs numbers Friday. Education Corner – Have you got the right personality for this. MARKET STUFF SPI Futures up 42. That…
End of Day Report – CBA Hits Record High
ASX 200 pushes another 53 points higher to 7822 (+0.7%), with banks leading us ever higher. CBA hitting records up 1.1% as they started making Ai chips (joking), the Big Bank Basket up to $215.88 (+1.0%). MQG also doing well, with financials generally in the green, insurers up around 1.5% and REITs better on rate cut…
Trading Section
SUMMARY Getting interested in Gold after bond yields fall for three straight days. All the major players remain in sideways/downtrends. TWE jumps 5.3% after reaffirming guidance yesterday. Not overbought yet. KAR hits another 52-week low. Bouncing 3.5% off an opening low. Early punters would consider buying. TYR prints a daily RSI buy signal after hitting…
Marcus Take Podcast Thursday – Big Tech Booms
Big Tech booms as bond yields drop – the perfect recipe for a bull market