Pre-Market Pulse 27th June – Amazon joins the $2T club as markets grind to quarter end
Equities ground higher overnight as surge in Amazon to a record high, joining the $2 Trillion club, helped push tech higher just days ahead of key inflation data.
Balanced Portfolio Recommendation: Switch 5% Yield play BHYB to FMG
By switching 5% of our BHYB holdings into FMG, we aim to capitalize on the potential price recovery and yield advantage offered by FMG. This move is expected to enhance our portfolio’s overall yield while leveraging FMG’s strong fundamentals and growth prospects.
Pre-Market Pulse 26th June – Market struggles for direction in the lead up to key inflation data
Equities appeared lost for direction in the lead up to the key PCE data this Friday with Nvidia stemming the bleeding by bouncing 6.5% after a 20% fall from its highs last week
Pre-Market Pulse 25th June – Nvidia slumps for third consecutive session, dragging down tech
Equities were mixed overnight as profit taking in Semiconductor stocks saw a shift back to the blue-chip DOW and the Russel2000 (small caps) with Nvidia now down 14% in 4 days.
Pre-Market Pulse 24th June – Nvidia stalls as Microsoft reclaims #1
Equities closed marginally higher despite Nvidia taking a second 3% hit in a row, cooling from its recent melt-up, handing back #1 spot to Microsoft
Balanced Portfolio Recommendation: Lithium Strategy update – Switch Arcadium to Liontown
After our timely trim less than a month ago, Lithium stocks have fallen heavily due to EOFY Tax loss selling.
Our relative value model now suggests that Liontown presents more long term value
Bulls vs. Bears: Nvidia becomes worlds most valuable… for a day
Equities saw mixed performance this week, with AI mega caps hitting record valuations, despite broader market weakness and a cautious outlook from the Federal Reserve.
Pre-Market Pulse 21st June – Cracks starting to show as Housing starts slump & Jobless claims rise
Equities closed lower Thursday after briefing topping the 5,500 milestone for the first time ever as Nvidia cooled its recent rally, dragging the broader tech sector lower and flurry of economic data pointing to signs of a weaker economy.
Pre-Market Pulse 20th June – Quiet markets, US closed for Juneteenth -Freedom Day
The US markets were closed overnight for the “Juneteenth” or Freedom Day holiday, commemorating the end of slavery in 1865.
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.