Marcus Weekend

When our market closed yesterday, the Israeli strike on Isfahan had the market fearing a three-sided War in the Middle East (Israel, Iran, Syria) that would drag in the US. The Dow Futures were down 440. Geopolitical risk has taken a step back this morning. Iran claims the Israeli attack on Isfahan was conducted by…

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Henry’s Weekend Take

THE WEEK THAT WAS Well, that was brutal! It could have been worse, but still down 2.8% for the week. As Edwin Starr sang, ‘War, what is it good for? Absolutely nothing. Say it again.’ The market was already skittish enough as Fed head after Fed head rammed the message home. I don’t need to…

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End of Day Report

ASX 200 drops 75 points to 7568 (-1.0%). Anyone would think there was a war on. Down 2.8% for the week, News filtered through during the morning of an Israeli strike in Iran, US futures plummeted, gold shot higher to $2415 at one stage and oil was catapulted above $90 again. Down around 150pts at…

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Trading Section

SUMMARY Sold KAR @ 215c. No change to BPT. NASDAQ down 0.5%. SNAS timing is looking good. MQG prints a buy signal after one good day. Nothing substantial to the bounce yet. Staying in cash in the OSP. Recent iron ore gains not having a great impact on FMG. Staying in cash in the FMG…

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