In this episode, the hosts discuss the current state of the market, highlighting key performers and sectors, particularly in technology and streaming services. They analyze earnings reports, emerging trends, and provide insights into high conviction stocks, especially in the defense sector. The conversation wraps up with strategic advice for investors navigating the current market landscape.
The Australian sharemarket is facing its steepest one-day fall since April, with the S&P/ASX 200 down 1.2% to 8656.40 by 2:05pm AEST. Financials led the decline, falling 2.2% as investors booked profits from last week’s gains. Major banks were hit hard, with Westpac down 3.4%, Commonwealth Bank 2.9%, ANZ 2.7%, and NAB 2.6%.
TSLA & ISRG Earnings this week, both near buy range
Anticipating next week’s company earnings and economic figures.
Stay informed on the latest financial updates and trends with MPC Markets
Stocks managed a weekly gain despite closing flat Friday after the Financial Times reported that President Donald Trump is considering imposing a levy of at least 15% to 20% on goods imported from the European Union.
The Australian sharemarket is on track for its strongest daily gain since April, as investors return to equities despite stretched valuations. The S&P/ASX 200 advanced 1.5% or 128.7 points to 8767.7 by 2:23pm AEST, eyeing its best session since April 10. The index is up more than 2% this week, nearing its strongest weekly performance since early May.
In this week’s episode of Bulls vs Bears from MPC Markets, the Mark & Jonathan dive into recent market highlights, commodity trends, stock picks, and geopolitical impacts on trading. They share insights from media appearances, discuss Trump-era tariffs, and provide a bullish outlook for the coming week amid US earnings season. Key focuses include copper, silver, Tesla, and emerging AI influences in markets.
Alibaba Group Holding Limited (NYSE:BABA), through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People’s Republic of China and internationally.
Anticipating next week’s company earnings and economic figures.
Stay informed on the latest financial updates and trends with MPC Markets
US Indices clinched a closing record high overnight, as surging retail sales underscored the strength in the economy just as corporate earnings continued to mostly surprise to the upside.
High Conviction – Growth at a reasonable Yield
ADD to GQG Partners GQG:ASX
The Australian sharemarket is poised to recover from Wednesday’s sharp decline, following a surprise uptick in the national unemployment rate to 4.3% in June. The softer labour data has strengthened expectations of a 25 basis point rate cut at the Reserve Bank’s next meeting on August 12, with market pricing lifting the probability to 94%.
