ASX Earnings Season Picks
MPC Markets favourites to outperform this ASX earnings season
Pre-Market Pulse 11th August – Yields continue to rise despite muted inflation data
Equites closed slightly higher overnight, supported by a jump in Disney after giving up the bulk of its gains as a climb in Treasury yields weighed on sentiment even as data showed further signs of easing inflation
Pre-Market Pulse 10th August – Big tech struggles ahead of inflation data, Natural Gas spikes 40%
Equities fell overnight as the slide in tech continued, paced by weakness in chip stocks as investors remained wary of making bullish bets ahead of Thursday inflation report. Natural gas spiked on industrial action in AU
Pre-Market Pulse 9th August – Stocks end lower on banking sector downgrade and rise in yields
Equities closed lower Tuesday, as bank stocks fell after credit rating agency Moody’s downgraded the debt ratings on a slew of U.S. banks on concerns about pressures on profit.
Pre-Market Pulse 8th August – Equities grind higher, Thursdays Inflation report in focus
A quiet night overall as investors and traders wait for key inflation data later in the week. Legendary investor Warren Buffett’s Berkshire Hathaway hits record highs
Pre-Market Pulse 7th August – US ends lower after jobs data, Apple weighs
Wall Street closed lower on Friday after a report of slowing U.S. labour market growth, and all three major indexes posted weekly losses as investors braced for more possible downside surprises a day after disappointing earnings from Apple
Amazon, Apple and AAA to AA+
It was all about the “A”s this week, Apple, Amazon and the downgrade to the US AAA credit rating
The Weekend edition delves into the global financial landscape, stocks, and markets
Pre-Market Pulse 4th August – Rising yields keep lid on equities as Apple and Amazon beat
Equities remained heavy overnight despite Apple and Amazon beating analysts expectations as long-term yields test levels not seen in 16 years, ahead of tonight’s US employment numbers
Closing Bell 3nd August – Miners weigh down market as Iron ore drops
Investors appear to be giving up hope on promises of Chinese stimulus
AU Earnings Calendar 7th August – 11th August
Confession season is upon us!
A steady flow of ASX listed company earnings is due this week
Who will shine and who will disappoint?
Pre-Market Pulse 3rd August – Scepticism emerges over the reality of AI targets
Equities dropped overnight, as an AMD-fueled slump in tech and the Fitch Ratings downgrade of U.S debt weighed on investor sentiment.
Closing Bell 2nd August – investor Optimism Begins to Dry Up as USD is Downgraded
The endless optimism of the last few months is being questioned as profit taking emerges, is the party over?