Bulls vs. Bears

Incitec Pivot faces $148M loss; Aristocrat reports strong growth; GrainCorp stabilizes operations. Copper Warrants (ZHGKOB) highlighted as trade of the week amid supply shortages and record prices.

The investor sentiment pattern, in the US equity market in particular, is of extreme selective hearing with any weakness in the economy cheered because it will trigger rate cuts, while any strength in the economy is cheered as “proof” of a soft landing.

The U.S. earnings season continues to unfold with notable performances and surprises. This week, several key companies reported significant shifts in their business dynamics, reflecting broader economic pressures and opportunities. Stagflation concerns persist as U.S. growth decelerates while inflation pressures mount, challenging central banks and impacting global market sentiments.

Things were looking grim mid-week with Meta dropping 16% and the broader market down over 2%
Enter Google results to save the day!

Fed speakers were especially hawkish this week, triggering a sell-off in equites. While copper saw 2-year highs on a potential structural shortage

Silver shines with an 8% gain in March, signaling potential outperformance over gold, bolstered by demand in tech and green energy sectors.

Silver shines with an 8% gain in March, signaling potential outperformance over gold, bolstered by demand in tech and green energy sectors.

Investors shrugged off high inflation data, fueling a tech stock rally. Federal Reserve Chair Jerome Powell maintained a consistent stance on inflation, with plans for three rate cuts in 2024 and a cautious approach to balance sheet reduction.

Investors shrugged off high inflation data, fueling a tech stock rally. Federal Reserve Chair Jerome Powell maintained a consistent stance on inflation, with plans for three rate cuts in 2024 and a cautious approach to balance sheet reduction.

This week’s episode of “Bulls vs Bears” Investors get selective hearing on rates, ignoring hot inflation numbers as tech continued to be buoyant
Copper races to 11 month highs, Bitcoin scales new peak and the heat comes out of Uranium

This week’s episode of “Bulls vs Bears” Bitcoin reached an all-time high of $69,191.95, fueled by U.S. regulatory approval for Bitcoin ETFs, a renewed enthusiasm for tech stocks, and the approaching “halving” event. Gold, on the other hand, marked a significant rise to $2,141.79 an ounce, up 17% from the previous year, driven by its safe-haven appeal amid economic instability and inflation concerns.

This week’s newsletter, “Bitcoin’s Bullish Blaze Meets Lithium’s Voltaic Venture,” offers an incisive look into the cryptocurrency surge and lithium’s market ascent. Highlighted in Ausbiz’s ‘The Call,’ MPC Markets’ experts dissect pivotal stocks, ETFs, and the market dynamics propelling Bitcoin and lithium to new heights. Insightful analyses cover a spectrum from tech giants to resource leaders, unpacking investment trends and market sentiment.