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 31st October: Mineral Resources Rocks the Market with a $1.1B Deal Surge!
Mineral Resources (MinRes) has agreed to sell its oil and gas assets in the Perth Basin to Gina Rinehart’s Hancock Prospecting in a $1.1 billion deal.
Closing Bell 22nd October: ASX Dips as Investors Push RBA Rate Cut Expectations to May 2024
The Australian sharemarket tumbled on Tuesday, with the S&P/ASX 200 Index falling 1.4%, or 226.4 points, to 8228 by midday, following a sell-off across all sectors.
Closing Bell 21th October: When Visionary Leadership Becomes a Double-Edged Sword
Australia’s sharemarket rose 0.7% on Monday, with the S&P/ASX 200 Index gaining 55.2 points to 8338.7, driven by strength in the materials and healthcare sectors. Mining stocks led the charge, with iron ore prices rebounding and gold prices surpassing $US2700 per ounce.
Closing Bell 17th October: Amazon Powers Up – Uranium Stocks Surge on Nuclear Ambitions
The S&P/ASX 200 Index was up 73 points, or 0.7%, at 8363.5 by midday, having earlier climbed as much as 1.2% to a new intraday high. The Australian economy added 64,100 jobs in September, more than double the forecast, with the unemployment rate steady at 4.1%.
Closing Bell
Closing Bell 14th August: Healthcare Gains, Pro Medicus Leads the Charge
The Australian sharemarket saw a solid rise, with the S&P/ASX 200 Index gaining 0.6% (43.1 points) to reach 7869.9, driven by strong performances in industrial and healthcare stocks.
Balanced Portfolio
Balanced Portfolio: Earnings Season Strategy Coal Sector Relative Value
ResMed Inc.(RMD) pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. and lower costs for consumers and healthcare systems in more than 140 countries.
Bulls vs. Bears: Episode 29: Slowing growth arrives to shut down the equities party
This week, mega-cap earnings disappoint as investors ask “where’s the revenue”, US economy starts to show cracks and middle east conflict flares up (again)
Balanced Portfolio Recommendation: Take Profit 4% Woolworth Group Ltd (WOW)
We advise selling 4% of our portfolio allocation in Woolworths Group Ltd (WOW). The stock has provided an 11% profit, rising from our entry at $30.8 to an exit at $34.2. Given the recent challenges faced by the company, including operational issues and potential management changes, there is uncertainty surrounding the upcoming earnings release. These factors could lead to a revaluation of the stock, making it a prudent time to lock in profits and reduce exposure.
Balanced Portfolio Recommendation: S&P500 Short ETF (Hedge)
Poor economic data out of the US has started to pile up along with soured sentiment on the Mega-Cap stocks and the AI thematic. We are recommending a 5% allocation to a portfolio protection tool or “short hedge” to buffer the damage from any downside move
Closing Bell 29th July: Broad Gains on ASX as Tech and Energy Stocks Lead Rally; Inflation Data in Focus
The Australian sharemarket experienced broad gains, driven by a positive rebound on Wall Street following inflation data, suggesting the US Federal Reserve may lower interest rates. The S&P/ASX 200 Index rose by 0.8%
Bulls vs. Bears: Earnings Misses Spark a Tech Wreck
This week, Wall Street experienced a sustained decline in tech stocks, marking a tumultuous period for the sector globally.