MARCUS TAKE SUMMARY Waiting for Nvidia results tomorrow morning after US market close. Good results will be OK, OK results will be bad and bad results will be disastrous. There’s nothing suggesting the NASDAQ is a buy – can Nvidia change that? Jackson Hole still in focus. Might be an anti-climax. Risk of Hawkishness. Chinese…
SUMMARY BHP results this morning – good or bad, they need China sentiment to improve. 7 brokers downgrade Chinese GDP. Market ignoring a 16-year high on bond yields. Nvidia was up 8.5% overnight – a lot riding on their results on Thursday. Powell speaks on Friday – may not say much, says Goldman. Bit of…
Nothing much to report overnight. Dow Jones up 26 points overnight. Up 112 at best. Down 212 at worst. NASDAQ down 0.2%. S&P 500 unchanged. Defensive stocks outperformed. Energy sector the best. NASDAQ down 2.6% on the week. Lots of newswire chatter about the significance of Powell’s speech at the Jackson Hole economic symposium on…
SUMMARY Cash is King for another day. Sell signals on US markets, finally. A look at Telstra today. No asset sale but good results otherwise. Not much action on the results front today. Bond yields – we’re not going anywhere until they peak. All you needed to know this week – Sell Lithium, Buy Auto…
MARCUS TAKE SUMMARY Regrets, I’ve had a few. See today’s article on the millions I have missed. Thanks for your feedback on the members podcast. I read them all! Bit of a change to the technical section. Now included in my section. Stock Take on CSL – Trading buy. And a long term buy. I…
Does anyone know what a "Wedge" is? Trying a bit of a new format. Shorter and punchier to the point – leaving me free to expand on STOCK TAKES and the PORTFOLIOS, I hope. Looking for Feedback on the MEMBERS PODCAST – do you listen – even if you don't, what would interest you in…
Good morning everybody, I am back from the UK. A bit jetlagged! Let's get this done early before "the fade". MARKET TODAY (new section) Futures unchanged. Results season the main focus again today. NAB Trading update today. Main results today are expected from TWE, CSL, COH, CGF, SGM, TPW. COH results this morning – sales…
SUMMARY CSL Results preview. Big day tomorrow. Why can’t we be Warren! Niall Ferguson talks about why the Goldilocks scenario may not happen. Maybe premature for Jerome to book a handy aircraft carrier. Currently my only position is long RMD. Sometimes it is not about making money but knowing when to stay cautious and save…
US markets were mostly lower this week as the market digests fresh inflation data and assesses the future rate path of the Fed.
