Alpha Recommendation: Close – Liontown
LTR Stop Loss Hit. Close position
February 2024
Closing Bell 5th February: XJO pulls back from record highs. Material sector drags market lower
XJO retreats from record highs. Material sector drags market low
Pre-Market Pulse 5th February – Meta Platforms rally drives tech higher, despite strong jobs data
An extreme rally in Meta platform (Facebook) stoked bullish bets on big tech even as a blowout jobs report muddied the Federal Reserve rate-cut outlook.
Market Calendar 5th Feb 2024 – 9th Feb 2024
Anticipating next week’s AU company earnings updates & economic figures. Stay informed on the latest financial updates and trends.
Bulls vs. Bears: Kazatomprom’s Production Puzzle & Uranium’s Supply Shortfall
Tune into this episode of Bulls vs. Bears “Kazatomprom’s Production Puzzle & Uranium’s Supply Shortfall” for an insightful analysis into the challenges facing the uranium market, highlighted by Kazatomprom’s recent production dynamics. Jonathan Tacadena from MPC Markets delves deep into how the world’s leading uranium producer is addressing the growing gap between supply and demand in the global energy sector.
Closing Bell 2nd February: XJO bounces, Uranium stocks break out higher
XJO bounces, Uranium stocks break out higher. Bank stocks rebound
Webinar: Mastering Risk Management
Led by Mark Gardner, our risk management specialist, this session is packed with actionable insights designed to help you stabilize your investment journey and navigate the markets with renewed confidence. From personal risk tolerance to strategic company and market risk assessments, you’re in for a comprehensive guide to tailoring your investment approach.
Alpha Recommendation: Buy – Boss Energy (BOE)
Boss Energy (BOE) has been the leader of the pack of the ASX listed Uranium companies. It will break out today, so looking to buy into this momentum
Pre-Market Pulse 2nd February – Tech bounces back on earnings, Uranium shortage deepens
Tech investors ignored the Fed’s warnings of “higher rates for longer” and bought the dip overnight leading into 16% of the S&P500 delivering earnings after the bell. Meanwhile uranium investors rejoiced at 17-year highs as the worlds biggest producer, Kazatomprom, flagged a 20% reduction in forecasted production leaving a 5% supply gap.
Closing Bell 1st February: XJO retreats from the highs. Resources, Energy and Tech lead market lower
XJO retreats from record highs. Resources, Energy and Tech lead market lower
Pre-Market Pulse 1st February – Powell delivers knock-out blow to March cuts, leaving tech stocks on the canvas
Tech stocks led the market lower as the Federal Reserve’s chairman Jerome Powell said it was unlikely that the Fed would cut rates in March, dealing a blow to hopes for sooner rate cut that added fuel to the tech-led selloff.