Pre-market Report

US equities finished mixed overnight in another low-volume trading session. The Dow extended its winning streak to six days, the longest since December, advancing 172 points. Dow up 210 points at best. Dow down 69 points at worst. The S&P 500 ended muted, remaining below the 5,200 snapping its four sessions of gains, while the…

Marcus Take Thursday – The HAG ETF – High Australian Growth

Macro Ho Hum – Next signpost the US CPI number on Wednesday. WBC ex-dividend – ANZ and MQG on Monday. CBA trading update today. ASA Conference coming up – see you for a drink on May 19. If we built an Australian Growth ETF what would be in it?
The Top 200 stocks – a breakdown of what’s on offer. (I’ll have to do this another time – ran out of time today)
EDUCATION CORNER – Nothing wrong with Big Super.

End of Day Report

ASX 200 retreated significantly as bank weakness, retail woes and commodity issues pushed us down 83 points to 7722 (-1.1%). CBA fell 2.2% on quarterly update, WBC crashed on ex-dividend down 5.6%, with the Big Bank Basket down to $205.72 (-2.4%). MQG was a patch of green with REITs off too, GMG falling 1.67%, MGR…

Education Corner – Nothing Wrong With BIG Super Funds

For most Australians, picking individual stocks and maintaining stock market vigilance is a passionate hobby. As Marcus Today Members that probably includes you. But what if you don't have the time? What if you just want to look after money, not make money? What if you need something more passive? What if you don't want…

Trading Section

SUMMARY WES prints a tiny RSI sell signal. Are they a good technical indicator? ORI gets going. Earnings out today. PLS stalling, no change. ILU forming a better looking chart by the day. AGM cheers. No change. BPT continues to hang in there. Oil rising overnight will give it a boost. JIN has a big…