Balanced Portfolio Recommendation: Add 3.75% – Global X Physical Silver (ETPMAG)
ETPMAG is backed by physical silver. Each physical bar is segregated, individually identified and allocated.
Pre-Market Pulse 19th June – Nvidia crowned most valuable, King of stocks
The US markets closed at another record high on Tuesday as Nvidia rallied to usurp Microsoft as the most valuable company, pushing the broader tech sector higher and overshadowing economic data pointing to a more wary U.S. consumer.
Pre-Market Pulse 18th June – Tech investors ignore Fed warnings of rate-cut delays
Yet another record high led by the mega-cap tech stocks overnight as investors shrugged off a climb in Treasury yields amid ongoing Fed speak around delays to rate cuts and flow of key economic data due later this week.
Pre-Market Pulse 17th June – Tech continues rally while consumer sentiment softens
The Nasdaq closed at a record high Friday, led by tech and expectations for Federal Reserve rate cuts later this year, though a dent in consumer sentiment kept gains in check
Closing Bell 14th June: Tabcorp gains on regulation changes as ASX drifts lower
Tabcorp gains on regulation changes as ASX drifts lower.
Bulls vs. Bears: AI stocks surge while the rest burn
The AI Mega Caps surge, while the rest of the world burns. Equities were dragged record highs by 2 stocks this week, masking the underlying weakness in the rest of the market and the effect of a more hawkish than expected Fed meeting.
Alpha Recommendation: Buy Boss Energy (BOE)
Boss has reached oversold levels from a technical standpoint with our indicators turning positive.
Add to this the announcement of first production at Alta Mesa in Texas
Pre-Market Pulse 14th June – Tech rally continues to hide broader market weakness
US stocks clinched another record close, as surge in Broadcom lifted chip stocks and bets on rate cuts this year were boosted by further signs of slowing inflation despite the broader market falling 1% and Europe falling 2%
Pre-Market Pulse 13th June – AI stocks keep climbing despite hawkish Fed
The seemingly endless AI rally continued overnight despite the Fed being more hawkish than expected, whittling down the possibility of rates cuts to just one cut this year, and less in 2025 as the central bank remains cautious on inflation.
Pre-Market Pulse 12th June – Apple rallies as Wall St starts giving out “Participation Awards”
In the Wall St equivalent to a participation award, S&P 500 and Nasdaq climbed to a record close for the second-straight day, on a surge in Apple to all-time highs, on AI…. 18 months late and not even their own product
Pre-Market Pulse 11th June – Equities grind higher into Fed Meeting
The S&P 500 and Nasdaq reached new record highs, driven by a strong performance in the technology sector ahead of the Federal Reserve’s interest rate decision and upcoming inflation data.
Bulls vs. Bears: Europe and Canada break the seal on rate cuts
Europe and Canada Central Banks decided to roll the dice with pre-emptive rate cuts, despite inflation being well beyond the target range, while cracks started to show in the US labour market this week