BREAKING NEWS—Inflation numbers were higher than expected, at 3.6% in April, up from 3.5%. The Consensus was 3.4%. The market dropped 20 points straight away. Bond yields are up, and the Aussie dollar is up. SUMMARY Perfect Day for the Strategy Portfolio – Big Tech up – Australia down. A lesson in Sentiment-driven stocks. NASDAQ…
ASX 200 fell another 101 points to 7666 (-1.3%) in lacklustre trade compounded by nasty CPI number that put rate rises back on the cards. Banks were smacked down, with ANZ down 2.5% and the Big Bank Basket down to $20587 (-1.9%). MQG smashed 1.3% and insurers off with IAG in a class action down…
One of the things we have been doing well in the Marcus Today newsletter over the last few years has been Timing the Market using ETFs in the Strategy Portfolio. I don't have a lot of respect for those who believe it's "Time in the Market, not Timing the Market". It is an industry brainwashing…
Bit of a quiet one today with the Us and UK Markets shut – today we talk about how to spot a correction
Nothing done yesterday.GEAR paid off.
Great result for DXB yesterday with a 25% gain.
A look at NEU too.
US Tech V Australian Tech
Equity markets were muted overnight as US and British markets were closed for public holidays. European markets closed higher in a quiet day of trade near best levels, trimming losses from last week amidst hints of upcoming rate cuts by the ECB, with the STOXX 600 up 0.32%, 0.5% from its record high this month,…
US and UK Market closed – not much to go on. Adding to Telstra in the income portfolio. 7.3% yield. Australian stocks correlated with the NASDAQ. Lend Lease – Was that the bottom, finally? Education Corner – How do you spot a correction.
One of the things we have been doing well in the Marcus Today newsletter over the last few years has been Timing the Market using ETFs in the Strategy Portfolio. I don't have a lot of respect for those who believe it's "Time in the Market, not Timing the Market". It is an industry brainwashing…
