Follow the “2016 Playbook” as Trump Sweeps to Victory
Trump and the Republicans sweep to victory has given investors confidence, so where should you invest? And what should you avoid?
November 2024
Pre-Market Pulse 6th November – Stocks head higher as America goes to the polls
Equities headed higher overnight with bullish bets emerged as voting began in the “Trump vs Harris” show, which has turned out to be more tightly contested presidential election than first thought (at least that what the media would like you to believe)
Closing Bell 5th November: Shares slip as RBA keeps rates on hold. Dominos fall as CEO announces departure
Australian shares slipped as voting in the pivotal US presidential election commenced, widely seen as the year’s most significant market event. The S&P/ASX 200 Index fell 32.8 points, or 0.4%, to close at 8131.8. This followed declines in US equities, a rise in Treasuries, and a dip in the dollar amid indications that Kamala Harris was leading in a key battleground state, unsettling bets on a Trump comeback.
Pre-Market Pulse 5th November – Markets drift into election and central bank decisions
Equities drifted lower overnight as investors opted for caution ahead of the presidential election and the Federal Reserve’s two meeting.
Closing Bell 4th November: MinRes drops as Chris Ellison to step down. ASX higher as markets wait for US Election
The Australian sharemarket saw early afternoon gains, following a positive Wall Street lead, with the S&P/ASX 200 rising 0.6% (47.7 points) to 8166.5 after a 1.1% decline last week—its worst since August. Tech and utilities led sector gains, while mining and energy fell amid a volatile outlook as investors prepared for US elections, corporate earnings, and central bank meetings.
Pre-Market Pulse 4th November – Amazon helps equities shrug off weaker jobs data to end higher
Stocks ended higher on Friday, rebounding from the previous day’s sell-off as Amazon’s strong earnings countered a significant drop in U.S. job growth in October.
Bulls vs. Bears EP42: NASDAQ Slides as Mag7 goes on Sale
A wrap of the week in markets from the boys at MPC Markets.
We cover stocks, politics, opportunities on the ASX and geopolitics
Closing Bell 1st November: Macquarie drops as profits don’t meet expectations. XJO weak as markets wait for payrolls
Australian shares fell to a seven-week low on Friday, with the S&P/ASX 200 down 0.9% or 75 points to 8085 by early afternoon, after declines earlier this week. Financials led the downturn as Macquarie Group dropped 4.3%, hitting a one-month low due to disappointing first-half FY25 profits and a dividend cut. The big four banks all declined over 1%, with National Australia Bank down 2.2%.
Alpha Recommendation: Buy Short NASDAQ ETF (SNAS)
Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) is an exchange traded managed fund that aims to provide investors with geared returns that are negatively related to the returns of the Nasdaq-100 Index by investing primarily in a portfolio of short E-mini Nasdaq-100 Futures contracts listed on the Chicago Mercantile Exchange.
Pre-Market Pulse 1st November – MAG7 earnings beat, but share prices retreat
Stocks closed sharply lower Thursday as Meta and Microsoft fueled a rout in tech, while hotter inflation muddied the path for deeper Federal Reserve rate cuts.