Pre-Market Pulse 10th May – Stocks sail higher on rate cut optimism
The DOW notched its 7th straight gain for the day as slightly higher US jobless claims pushed Treasury yields back to levels prior to rate hike chatter in early April
Pre-Market Pulse 9th May – Stocks end flat as quiet market conditions continue
Another quiet night in markets as stock ended flat due to a bounce in Treasury yields and earnings disappointments from ARM, AirBnB, Uber and Shopify
Pre-Market Pulse 8th May – Stocks mixed in quiet trade as Disney disappoints
It was a quiet night in markets as equities finished mixed as investors continued to digest a slew of corporate earnings including weak subscriber growth from Disney
Balanced Portfolio Recommendation: Fixed Income Switch
We are now starting to see opportunities in quality companies that have a high yield, reasonable price and growth prospects over the medium to long term
Sell 7% BHYB to buy 4% WOW and 3% BHP
Pre-Market Pulse 7th May – Stocks continue rally on rate cut “Hopium”
Equities started the week on the front foot Monday as revived hopes for a September Federal Reserve interest rate cut triggered a sea of green across Wall Street.
Market Calendar 6th -10th May 2024
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
Pre-Market Pulse 6th May – Goldilocks scenario back, as Employment numbers “not too hot, not too cold”
Equities surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.
Pre-Market Pulse 3rd May – Stocks higher as Investors see Fed through rose coloured glasses
Equities traded higher overnight led by tech as investors continued to digest a slew of corporate earnings ahead of the crucial monthly jobs report due Friday.
Pre-Market Pulse 2nd May – Fed downplays need for hikes & reinforces “Higher for Longer”
It was a rollercoaster ride in equities overnight, swinging between gains and losses as the Federal Reserve kept rates unchanged on Wednesday, but the central bank maintained its easing basis, downplaying the prospect of rate hikes.
Balanced Portfolio Update: Uranium
Current holdings in URNM and PDN totaling 6.5% will benefit from the US ban on Russian Uranium imports
Pre-Market Pulse 1st May – Wage inflation puts pressure on Fed to be hawkish on rates
A hotter than expected wage inflation number has put extra pressure on the Fed as the US Central Bankers start their 2-day policy meeting on interest rates
Balanced Portfolio Recommendation: Re-Buy Worley Limited (WOR)
Re-buying WOR in the Balanced Portfolio with a 3% allocation.