Balanced Portfolio – Physical Silver (ETPMAG) Trim, Take Profit (+23%)
The recent run in Silver and the “store of value” trade is at odds with the interest rate outlook and we will likely see a pullback as geopolitical tensions ease
Pre-Market Pulse 18th April – Equities led lower by Nvidia as “Higher for Longer” sinks in
Equities continued to slide led by an Nvidia-led slide in tech just as fears of higher-for-longer Federal Reserve interest rates persist.
Pre-Market Pulse 17th April – “Higher for Longer” reaffirmed by Fed Chair Powell
Stocks finished slightly lower in a highly volatile session as Federal Reserve Jerome Powell signaled the need for rates to remain higher for longer following recent inflation data that surprised to the upside.
Balanced Portfolio Risk Reduction: Strategy update
After an unbroken 6 months rally, a number of factors are now compounding to weigh on global equity markets
Pre-Market Pulse 16th April – Geopolitical tensions and fading rate cut hopes weigh on stocks
Equities heavily sold off, pressured by a spike in Treasury yields as geopolitical tensions and stronger-than-expected retail sales data dented expectations for interest rate cuts and overshadowed strong earnings from banking giant Goldman Sachs.
Alpha Recommendation: Strategy Update – Droneshield (DRO)
Increase Price Target to $1.05 (+45%)
Pre-Market Pulse 15th April – Stocks tank on disappointing bank earnings and Inflation concerns
Equities were sold off Friday as major Wall Street banks kicked off the earnings season with disappointing results, stoking worries about the strength of the upcoming earnings season at a time when inflation jitters remain front and center.
Market Calendar 15th April – 19th April 2024
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
Pre-Market Pulse 12th April – Big tech leads market higher as inflation jitters ease
Equities recovered from yesterdays inflation nerves, led by tech, as data showing cooling producer prices eased inflation jitters somewhat just a day ahead of earnings from major Wall Street banks.
Pre-Market Pulse 11th April – High inflation numbers throw cold water on rate cuts calls
Equities pared back steep early losses to only finish down 1% after hotter-than-expected inflation data threw cold water on hopes that the Federal Reserve would begin cutting interest rates as early as June.
Pre-Market Pulse 10th April – Equities drift higher, Nvidia slips as competition heats up
Equities closed slightly higher as investors marked time ahead of key inflation data being released tonight. Treasury yields traded lower ahead of the data, giving light relief to the equity market.
Pre-Market Pulse 9th April – Stocks finish flat as investors are wary into key inflation data
Equities closed flat overnight amid cautious trading ahead of the latest inflation reading as well as the start of the first-quarter earnings season later this week.