Having spent sixteen years in the UK and four years in Australia sitting on the institutional desks of some major brokers, particularly in the UK, one thing becomes apparent, that share prices don’t go up and down because of the fundamental reasons that commentators and the media obsess over in hindsight, they go up and…
Stock Discussion Group – Join Now! Having had something like four hundred people come through our education classes, one thing is clear, Marcus Today Members, investors, when they actually come face to face, love a chat. Watching you come alive in person has made it an obvious progression of the newsletter to connect you as…
There was a MACD sell signal on the ASX 200 this morning. We have discussed cashing up a bit in the portfolios this morning but decided that this is hardly a Collins Class moment (when Wall Street falls 3% in a night), it is simply a regular short-term loss of the recent very strong upside…
After I first wrote this article in 2009 and published it in The Age on Saturday, the stockbroker I worked for at the time insisted that I include a disclaimer at the bottom of all my articles from then on saying “The opinions in this article are those of Marcus Padley and do not represent…
Looking out of our hotel room window in a small town in Portugal I noticed an oversized parking meter with a car connected by cable. It wasn’t a parking meter it was an electric car recharging point. It made me reflect on the number of electric cars we see in Europe and on the dominance…
HOW TO PLAY THE HOUSING MARKET BOTTOM The CBA has had the highest level of home loan applications in the last week and has for the last six months. This is a Corelogic chart showing the ‘election effect’ on clearance rates. This is Citi’s forecast for house prices…they concur with a host of other commentators…
The shock election result at the weekend is very good news for the bank sector. The sector has already reacted with a sharp rise in all the big four banks, as well as Macquarie, BEN and BOQ. What we have to ask now is whether this is a sugar hit or a bottom in the…
Trant – def: (A rant on Trump) – Trant – verb, noun – verb: Trant; 3rd person present: Trants; past tense: Tranted; past participle: Tranted; gerund or present participle: Tranting. Speak or shout at length in an angry, impassioned way about Trump. “She was still Tranting on about the US President” – synonyms – hold…
The Marcus Today rules include never writing about religion, politics or the AFL but its unavoidable today. Rather than pass opinion here are some unbiased collected bullet points: Quick stock market points: Good for the stock market. The Liberals are pro-business. GDP forecasts will remain unchanged but if anything a lift in business confidence post-election…
