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The market is getting a bloody nose today as results don't impress, the CBA is ex-dividend and ex-entitlement to the buyback, lockdowns weigh, Resources dip as China is doubted, Kabul is a disaster, Defensive stocks doing well (not a great sign), the RBA are predictable and the Big Shorter shorts ARK and Tesla putting his money where his mouth is and his mouth suggests Meme stocks and other equities are in the Mother of all Bubbles. We add a few "Signs of the Top" and add a new section. AXE drops 19.5% and HENRY explains.
CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST
The market is getting a bloody nose today as results don't impress, the CBA is ex-dividend and ex-entitlement to the buyback, lockdowns weigh, Resources dip as China is doubted, Kabul is a disaster, Defensive stocks doing well (not a great sign), the RBA are predictable and the Big Shorter shorts ARK and Tesla putting his money where his mouth is and his mouth suggests Meme stocks and other equities are in the Mother of all Bubbles. We add a few "Signs of the Top" and add a new section. AXE drops 19.5% and HENRY explains.
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