Episode 11: Tech bulls take a rest into Easter Weekend
This week’s “Bulls vs Bears” summary:
The bulls took a rest this week leading into the 4 day long weekend. Powell and key inflation data was released on Friday when the market was shut
Stock Highlights of the Week:
- Clarity Pharma (CU6): Expanded its quarry portfolio in a $70 million deal.
- Fisher & Paykel Healthcare (FPH): Uplifted FY2024 earnings guidance.
MPC Webinar Series:
- Upcoming topics include value trade, the energy transition, and AI investments.
Commodities and FX Review:
- Highlights include lithium’s volatility, gold reaching record highs, copper’s supply-driven surge, and Bitcoin’s rally.
Economic and Political Landscape:
- Powell says everything going to plan
- PCE data hotter than expected, but as usual, the bulls found a positive
Trade of the Week:
- DroneShield (DRO) showcases potential for growth with a strong focus on defense sector investments.