My first car was paid for with the cash I earned cutting water cress in Whitwell for 10 hours a day, six days a week for ten weeks in the summer of 1979. I had to stand or kneel all day in water, bending up and down. Health and safety at work was a thing…
Jumbo Interactive (JIN) had an impressive run in 2019 with most of the country under the impression they were going to win the lottery. The stock was up 285% in 206 days. It fell 75% into March last year and has since tracked modestly higher in a narrow range into results. Underlying profit was flat…
You might have seen this. Its a White Paper presentation from Cathie Wood at US Fund Manager Ark Invest (they run a few ETFs listed in the US). Ark Innovation ETF (NYSE:ARKK) Ark Next Generation Internet ETF (NYSE:ARKW) Ark Genomic Revolution ETF (BATS:ARKG) Ark Autonomous Technology & Robotics ETF (BATS:ARKQ). The Click Bait headline has…
Results reactions as of Saturday 13th February 2021 This table shows the performance of stocks since recent results announcements or guidance – stocks are listed in market cap order biggest to smallest: This is some of the research post results this week. Macquarie results – Guidance was typically conservative but the fourth-quarter performance from the…
For those of you who are new members to the Marcus Today newsletter you might notice that on Fridays we carry articles by our resident retiree Harold. Harold is a friend of mine from the Black Rock Sailing Club, he is a very competitive, experienced and capable sailor sailing Sabres. This was me trying to…
In a new series of podcasts Marcus introduces Peter Harold, a long time friend and the CEO of Poseidon Nickel to talk about the nickel price, gold, resources, abalone, WA and the prospects for this exciting nickel explorer. Enjoy! Elon Musk asking for more nickel… “Nickel consumption in EV battery materials is expected to soar…
One of our members retired at 50 to become a full-time trader, hoping that he could shrug off the rat race and the typical work sleep work life. Fifteen years later he is still 'retired' and still trading full-time. After 15 years of investing, he calls it what it turned out to be, trading not…
International investors are thought to hold anywhere between 35% and 45% of the Australian market and the money is ‘mobile’, in other words it is held in the hands of fund managers, like Fidelity, whose offices are in New York, or London, and their benchmarks are global stock-market indices (mostly MSCI indices). Australia has been…
The cost of the Covid19 virus worldwide is huge. Some, mainly from my generation, pay with their lives. Others pay with their jobs, their businesses, or with their mental health. The government is paying a fortune supporting people who have lost their jobs and can’t feed the family and pay their rent or mortgage. Money…
