Pre-Market Pulse 17th January – Fed throws cold water on the markets early rate cut call
Equities fell away from recent highs as Fed’s Waller spoke, throwing cold water over the markets lofty rate cut expectations.
Pre-Market Pulse 16th January – Uranium run continues as US shut for Martin Luther King Day
Equities in the US were closed overnight for Martin Luther King Day. Equity index futures were open, with the DOW -0.06% S&P500 -0.09% and Nasdaq -0.02%
Uranium continued its strong run, settling at another fresh 16 year high of $106lb.
Alpha Portfolio Recommendation: BUY Alligator Energy (AGE)
A recent rally in the underlying Uranium price has seen the spot price rally from $80 to a fresh 16-year of $104. The ease in which the spot price has broken through the key $100 mark leads us to believe that Uranium explorers like Alligator (AGE) will start to play catch up with the more mature Uranium miners like PDN and BOE
Pre-Market Pulse 15th January – Red Sea tensions continue to rise with British attacks on Yemen
Equities closed barely changed on Friday, after wavering between modest gains and losses, as mixed bank earnings offset cooler-than-expected inflation news that buoyed hopes for interest-rate cuts from the Federal Reserve.
Pre-Market Pulse 12th January – Inflation numbers dampen rate cut calls, Bitcoin ETF launch
Equities as investors digested data showing that U.S. consumer price inflation came in above economists’ expectations in December.
Pre-Market Pulse 11th January – Megacaps rally as market waits on Inflation data
Equities were firm overnight, built on the strength in megacaps, but gains were limited ahead of inflation reports and major bank earnings later in the week.
US Earning Calendar: 12th -19th January 2024
Anticipating next week’s US company earnings updates. Key insights, market reactions, and expert analysis. Stay informed on the latest financial updates and trends.
Pre-Market Pulse 10th January – Equities soften into Inflation and earnings data
Equities closed lower on Tuesday, pressured a rise in Treasury yields as investors assess the timing and size of any Federal Reserve interest rate cuts in 2024 ahead of inflation data this week.
Pre-Market Pulse 8th January – March rate cut calls fading with further strong Jobs data
Equity markets finished slightly higher in choppy trade Friday after conflicting economic data.
Pre-Market Pulse 5th January – Strong Jobs data contradictory of early rate cut calls
Profit-taking continued for a second day after a strong finish to 2023, where the S&P500 rallied 15% since early November.
Balanced Portfolio Recommendations: Buy New Hope Corp (NHC)
Metallurgical and thermal coal producer New Hope is positioned well for long-term organic growth with strong relationships with existing international trading partners like Japan and the slow pace of the “green transition”
Pre-Market Pulse 4th January – Santa rally profit taking continues as investors sober on rate outlook
Profit-taking continued for a second day after a strong finish to 2023, where the S&P500 rallied 15% since early November.