Pre-Market Pulse 1st May – Wage inflation puts pressure on Fed to be hawkish on rates
A hotter than expected wage inflation number has put extra pressure on the Fed as the US Central Bankers start their 2-day policy meeting on interest rates
Balanced Portfolio Recommendation: Re-Buy Worley Limited (WOR)
Re-buying WOR in the Balanced Portfolio with a 3% allocation.
Pre-Market Pulse 30th April – Equities grind higher led by Tesla “Robo-taxi” approval in China
Equities clawed back early losses as Tesla rallied 15% on tentative approval of Robo-Taxis in China and an upgrade for Apple, as quarterly earnings season continues to roll on just a day ahead of the latest Federal Reserve meeting.
Balanced Portfolio Recommendation: Switch 2% URNM ETF to Paladin Energy (PDN)
With Paladin delivering production on time and the major components of URNM having production difficulties, we are recommending a switch back to Paladin (PDN)
Pre-Market Pulse 29th April – Stocks have best week since November as Google and Microsoft do the heavy lifting
Equities rallied Friday, clinching its best week since November, as stronger-than-expected earnings from Microsoft and Alphabet revived investor optimism in the AI-led tech bull run.
Market Calendar 29th April – 3rd May 2024
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
Bulls vs. Bears: Google results save the day… but for how long?
Things were looking grim mid-week with Meta dropping 16% and the broader market down over 2%
Enter Google results to save the day!
Balanced Portfolio Update: Newmont Corp (NEM)
Newmont shares on NYSE are up 15.68% since Wednesday’s ASX close on earnings results
Pre-Market Pulse 26th April – Google earnings save the day for equities and Mag7
Google saved the day in afterhours trade, rallying 13% as equities closed lower, but well off session lows
Pre-Market Pulse 24th April – Tech leads gains ahead of Magnificent 7 earnings
Equities rallied on tech strength, notching a second-straight daily gain underpinned by mostly better-than-expected quarterly earnings just ahead of the start of earnings from the Magnificent 7, with Tesla rocketing 8% higher in after hours trade
Pre-Market Pulse 23rd April – Stocks bounce on earnings hopes
Equities rallied on tech strength Monday, rebounding from its biggest weekly loss since March last year as investors looked ahead to quarterly earnings from big tech.
Market Calendar 22nd April – 26th April
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.