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Market Calendar 12th August – 16th August 2024
Anticipating next week’s company earnings and economic figures.
Stay informed on the latest financial updates and trends with MPC Markets
Mark Gardner
August 9, 2024
Mark Gardner
add
Balanced Portfolio Recommendation: ADD 2% Challenger Group (CGF)
ADD to Challenger (CGF) into Earnings on the 13th August
Mark Gardner
August 9, 2024
morning report
Pre-Market Pulse 9th August – Better than expected Labour data hoses down recession fears
Investors breathed a sigh of relief as better-than-feared labor market data cooled worries that a recession may be on the horizon.
Mark Gardner
August 9, 2024
morning report
Pre-Market Pulse 8th August – “Buy the dip” sentiment fades fast as risks weigh on markets
Investors enthusiasm to “buy the dip” faded within one session as equites turned lower mid-session in the US on a slump in Super Micro Computer pressured chips stocks, weighing on the broader market.
Mark Gardner
August 8, 2024
Balanced Portfolio
Balanced Portfolio – SELL 5% Resmed (RMD) Take +10% profit
Balanced Portfolio – SELL 5% Resmed (RMD) Take +10% profit
We recommended buying ResMed Inc. (RMD) due to its potential for strong performance in the upcoming earnings season on the 29th of July
Mark Gardner
August 7, 2024
morning report
Pre-Market Pulse 7th August – Investors “Buy the Dip” as global markets stabilise
Global equites stabilized overnight as dip buyers piled into beaten down tech stocks following a rout a day earlier, though gains were limited amid lingers concerns about an economic slowdown.
Mark Gardner
August 7, 2024
morning report
Pre-Market Pulse 6th August – Equities implode as Japan stocks eclipse the ’87 Black Monday crash
In one of the scariest sessions I’ve seen since the GFC, global equities imploded overnight, led by a 13.5% fall in Japan’s Nikkei, the largest fall since the Black Monday crash back in 1987
Mark Gardner
August 6, 2024
Portfolio
Balanced Portfolio – Defensively positioned
A minor equities panic has started to spread across global markets in the last few sessions as investors grow increasingly concerned that the US economy will go into recession.
To reassure you, the MPC Markets Balanced Portfolio is defensively positioned and while we are still not immune to the broader market weakness, we have been wary a move like this could happen
Mark Gardner
August 5, 2024
morning report
Pre-Market Pulse 5th August – Weak jobs number triggers “hard landing” fears
Investors abandoned growth stocks as a much weaker-than-expected jobs report triggered fears the US economy could be heading for recession and sparked a sharp jump in volatility.
Mark Gardner
August 3, 2024
FOMC
Pre-Market Pulse 2nd August – Weak economic data rattles equities
Weaker economic data rattled investors overnight as jobless claims rose and US manufacturing data notched its 16th straight contraction, the longest streak in a quarter of a century
Mark Gardner
August 2, 2024
Recent Post
Bulls vs. Bears: Episode 31: Earnings Lay Bare the Hits and Misses
Mark Gardner
August 16, 2024
Closing Bell 16th August: Domain jumps on earnings results. ASX rally continues
Jonathan Tacadena
August 16, 2024
Balanced Portfolio Recommendation: BUY 7.5% Telix Pharma
Mark Gardner
August 16, 2024
Pre-Market Pulse 16th August – “what recession?” Retail sales show US consumer still spending
Mark Gardner
August 16, 2024