Pre-market Podcast – By Marcus
Busy week ahead – Fed Meeting, Jobs Numbers, Bank sector Results, Big Tech Results
End of Day Report
The ASX 200 finished the day up 62 points to 7637 with Real Estate and Tech stocks the star performers. GMG and SCG held onto midday gains. In the Technology sector WTC pushed 1.9% higher after a slow open and MAQ also gained 1.9%. BHP down 0.4% on talk of a higher bid for Anglo American. Other big resources are benefitting from a switch out of BHP – RIO…
Trading Section
SUMMARY No change to SFR. Up 0.8% on Friday but missed out on the big gains seen by 29M. Increasing stop loss from 3xATR to 2xATR. Glad we got out of SNAS. Maybe time for LNAS once Amazon results out of the way. Oil up a touch of the weekend. No change to BPT. Will…
End of Day Podcast – By Marcus
ASX 200 up 62 as we seem to have overdone the interest fears on Friday.
Advice From Other Marcus Today Members
In 2022 we surveyed you all and asked "What Smart Financial Advice do you have for other Marcus Today Members learned from experience". Here are your replies. Not sure all of them are good advice but you might get some value out of it. Selling APT at $12 in 2020 was too early… ? 80%…
Marcus Weekend
Good Morning everyone. Please click on the Members Survey if you get a couple of minutes (there's another link at the end). Your opportunity to send the newsletter in the right direction. Thanks for your time. Henry is reporting in from the Perth Members meeting at the Lucky Shag pub last night. 50 Members –…
Members Podcast This Week
All of this weeks Members Podcasts in one place.
Trading Tutorial
For the benefit of new members this is a repost of recent trading tutorials. Offering an explanation of the terms and phrases used in the trading section. This section will be posted under "education" and updated with new insights over time. The two primary indicators used in our trading section are relative strength index (RSI) and moving averages (MA). The RSI is…
Trading Section
SUMMARY Mixed bag for results season so far. Sold SNAS on Wednesday for a 5% profit. Looking for the next round of Ideas but not going to stick our necks out ahead of inflation numbers tonight. Oil, gold, bond yields up. All bearish signs so staying in cash in the MQG One Stock Portfolio. No…
Pre-Market Report
Wall Street ended lower overnight after US GDP numbers showed a sharp decline and Meta results (-10.6%) triggered a tech sell-off. The Dow lost 375 points (-0.98%), S&P 500 -0.46% and the NASDAQ -0.64%. Microsoft and Alphabet are up 4.38% and 11.65% in after-hours trading on solid results. Alphabet has beat sales estimates and announcing its first-ever dividend. The NASDAQ…