Bulls vs. Bears: EP 39: Hurricanes, inflation & Middle East conflict cant stop Big Tech
A wrap of the week in markets from the boys at MPC Markets.
We cover stocks, politics, opportunities on the ASX and geopolitics
Pre-Market Pulse 11th October – Hotter Inflation data stifles bullish rate expectations
Stocks fell Thursday as stronger-than-expected inflation data muddied the outlook for Federal Reserve rate cuts, Hurricane Milton hit landfall in Florida and Israel launched an attack on Beirut
Pre-Market Pulse 10th October – Stocks close at another record despite global chaos
Stocks ground to fresh records as investors continued to digest clues on interest rates from the Federal Reserve, a day ahead of fresh inflation data and Tesla robotaxi event.
Pre-Market Pulse 9th October – Tech props up US stocks despite Chinese stimulus misfire
The US market was led higher by tech, particularly Nvidia, despite a rout in Chinese stocks, with Chinese tech index having their worst day in history
Pre-Market Pulse 8th October – Treasury yields spike, putting stocks on the back foot
Overnight – Treasury yields spike, putting stocks on the back foot A jump in long term Treasury yields overnight
Pre-Market Pulse 7th October – Strong jobs numbers reinforce “goldilocks” scenario
Overnight – Strong jobs numbers reinforce “goldilocks” scenario Stocks headed higher on Friday as the US jobs numbers showed
Balanced Portfolio Recommendation: Trim 1/3 (take profit) Northern Star (NST)
GENERAL ADVICE ONLY Spot Gold 1st Target Price hit The spot gold price has reached our first price target of
Balanced Portfolio Recommendation Buy Graincorp (GNC) & Elders (ELD)
GENERAL ADVICE ONLY Graincorp & Elders: a favorable outlook driven by a few key factors. Firstly, the predicted absence of
Balanced Portfolio Recommendation: Switch 5% Allocation BBUS to QUS
GENERAL ADVICE ONLY S&P 500 Equal Weight ETF (QUS) The BetaShares S&P 500 Equal Weight ETF (QUS) provides cost-effective exposure
Alpha Recommendation: BUY Aeris Resources Ltd (AIS)
GENERAL ADVICE ONLY Company Overview: Aeris Resources Limited (AIS) is an Australian-based mining company focused on the production, sale, and
Alpha Recommendation: BUY Amaero International Ltd (3DA)
GENERAL ADVICE ONLY Company Overview: Amaero International Ltd is a company primarily focused on producing high-value refractory, specialty alloy, and
Alpha Recommendation: Buy Short NASDAQ ETF (SNAS)
GENERAL ADVICE ONLY Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) is an exchange traded managed fund that aims