Closing Bell 20th December: Santa’s Rally Keeps Giving
The festive spirit continues in the ASX as Santa’s Rally propels stocks higher, driven by Wall Street’s surge and anticipation of US rate cuts.
Balanced Portfolio Recommendations: Buy Telix Phama(TLX)
Add Telix Pharma (TLX) in our balanced portfolio, capitalizing on Telix’s innovative cancer treatment advancements and market potential.
Weekend Edition: 16th December 2023
Discover key financial insights with MPC Markets Weekend Investor Newsletter. Expertly curated, it guides investors through global market trends and strategies, fostering informed investment decisions. Subscribe now.
Balanced Portfolio Recommendation: Buy Pilbara Minerals Ltd (PLS)
Investing 1% of our portfolio allocation in PLS presents a compelling opportunity. PLS stands as the most shorted stock on the ASX, with a substantial 20.45% short interest. This indicates potential for a short squeeze, which could lead to a rapid price increase.
Closing Bell 13th December: Argentina’s Bold Move Peso Devalued by 50% in Economic Overhaul
Argentina takes drastic action, devaluing the peso by 50% amid severe economic challenges. President Milei’s tough measures aim to stabilize the crisis-hit economy.
Closing Bell 12th December: Chemist Warehouse to list on ASX
Chemist Warehouse with an $8.8 Billion reverse takeover of Sigma Healthcare
Closing Bell 11th December: Bitcoin Plunges 7% Crypto Market Shaken as Major Token Nears $40,000
Bitcoin’s notorious volatility strikes again, plummeting towards $US40,000 in a major sell-off, sparking concerns in the broader crypto market.
Weekend Edition: 9th December 2023
Discover key financial insights with MPC Markets Weekend Investor Newsletter. Expertly curated, it guides investors through global market trends and strategies, fostering informed investment decisions. Subscribe now.
Closing Bell 8th December: Woodside and Santos Merger Talks Potential $80 Billion Energy Giant on the Horizon
Santos and Woodside Energy confirm merger discussions, potentially creating an $80 billion energy powerhouse, sparking significant investor interest and market speculation.
Alpha Portfolio Recommendation: Buy – Liontown (LTR)
A bounce in the Lithium spot price after a dramatic year long fall should see Liontown bounce back towards it $3 takeover bid price
Closing Bell 6th December: Market Rallies as GDP Growth Underwhelms, Rate Cut Hopes Ignite ASX Surge
Australia’s GDP grows just 0.2% in Q3, sparking market rally with ASX up 1.5% as traders bet on imminent RBA rate cut amid economic slowdown.”
Balanced Portfolio Recommendation: Trim Take Profit – CSL Ltd (CSL)
The CSL position that we put on initially is now 10% in the money. We are looking to trim 2% or 1/4 of our position to take a profit.