The COVID-19 pandemic and subsequent market volatility have seen scores of Australians jump into the stock market in recent weeks, enticed by the opportunity no doubt. ASIC reported a record number of new trading accounts since March, when the market bottomed. An average of 4,675 new accounts a day were opened between 24 February and…
The Banks have over-provided for an Armageddon economic outcome that was based on over-cautious medical advice – The Australian bank sector has risen 14.13% in three days as it wakes up to the realisation that the economic recovery is coming faster than expected meaning GDP forecasts are too low (brokers are upgrading GDP forecasts), bank sector earnings…
The topic of Trading Plans is not a small one. There is a lot to consider. This article will be about the broad reasons why developing a plan is so important, and an outline of the major things to consider when developing a plan. That’s the first lesson; you have to write it down. Any…
HAIR ON FIRE IN THE US – HOW TO PLAY THE RECOVERY TRADE The hopes for a vaccine have sent the Dow up 911 or 3.85% overnight. The S&P 500 was up 3.15%. The UK up 4.29%. The German market up 5.67%. The French market up 5.16%. The oil price up 8.12%. BHP and RIO…
As the weeks roll by we have become used to a very different way of life. We take long walks instead of long drives or long sails. We have enjoyed some great walks along the beach and have become very familiar with every rock and grain of sand. Even the birds seem to recognize us…
AN INTERESTING THOUGHT Into the Relapse Zone – We are coming into the “Relapse Zone”, the period after restrictions are lifted – in particular, the market is interested in the experience in the US and UK. The world is watching to see if they have lifted lockdowns too quickly (as looks likely). You can track…
It was a very exciting week for the Trading Ideas section when we finished our first 50 stocks. We closed four winning positions in Elders (ASX: ELD), Nextdc (ASX: NXT), Accent Group (ASX: AX1) and Appen (ASX: APX) – the latter being a juicy winner with a gain of almost 12%. It was rewarding to see the work and trade…
Afterpay (ASX: APT) traded as low as 801c in March and now trades back towards 4000c, the question on everyone’s lips is, ‘is it too late for me to buy APT?’ Tied up in the answer is how macro headwinds and COVID-19 will influence the BNPL sector. Commentary surrounding the BNPL sector and the influence…
After two months of market turmoil, we finally saw green again. Despite the world remaining in a state of covid-19 lockdown, with hospitality, travel and retail in purgatory, a market recovery was the story of April. FUND PERFORMANCE MARCUS TODAY GROWTH SMA (MT0001) *Marcus Today/Thompson Reuters | 08/04/2020 | Details correct at time of publication.…
“Australia back in business by July” is the message from the cabinet meeting yesterday. The government clearly don’t want to be seen to be slow getting the economy going again and have developed a few catch phrases like “A sustainable COVID-19 Safe Economy” which means continuing with social distancing and safe hygiene. They expect the…
