April, 2024 - MPC Markets

Closing Bell

Closing Bell 30th April: Worley falls as largest share holder sells stake. ASX edges higher

Jonathan Tacadena / April 30, 2024

Worley falls as largest share holder sells stake. ASX edges higher

Balanced Portfolio

Balanced Portfolio Recommendation: Re-Buy Worley Limited (WOR)

Mark Gardner / April 30, 2024

Re-buying WOR in the Balanced Portfolio with a 3% allocation.

Alpha & Balanced Portfolio Recommendation: Add 1.5% Liontown Resources Ltd (LTR)

Kai Chen / April 30, 2024

Liontown Resources’ March 2024 Quarterly Activities Report highlights substantial progress at the Kathleen Valley Lithium Project, currently 90% complete in process plant construction and over 85% overall project completion.

Pre-Market Pulse

Pre-Market Pulse 30th April – Equities grind higher led by Tesla “Robo-taxi” approval in China

Mark Gardner / April 30, 2024

Equities clawed back early losses as Tesla rallied 15% on tentative approval of Robo-Taxis in China and an upgrade for Apple, as quarterly earnings season continues to roll on just a day ahead of the latest Federal Reserve meeting.

Closing Bell

Closing Bell 29th April: Boss Energy rises as production ramps up. ASX continues rebound

Jonathan Tacadena / April 29, 2024

Boss Energy rises as production ramps up. ASX continues rebound

Balanced Portfolio

Balanced Portfolio Recommendation: Energy Rebalance Switch 2% Woodside Energy Group (WDS) to Karoon Energy Ltd (KAR)

Kai Chen / April 29, 2024

By selling Woodside Energy Group and buying Karoon Energy, we strategically increase our portfolio’s exposure to crude oil.

Balanced Portfolio

Balanced Portfolio Recommendation: Switch 2% URNM ETF to Paladin Energy (PDN)

Mark Gardner / April 29, 2024

With Paladin delivering production on time and the major components of URNM having production difficulties, we are recommending a switch back to Paladin (PDN)

Pre-Market Pulse

Pre-Market Pulse 29th April – Stocks have best week since November as Google and Microsoft do the heavy lifting

Mark Gardner / April 28, 2024

Equities rallied Friday, clinching its best week since November, as stronger-than-expected earnings from Microsoft and Alphabet revived investor optimism in the AI-led tech bull run.