Podcast Archive

Marcus Strategy Monday May 10th 2021


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We have just ticked past our record closing high of 7162.5 with a 83 point rally this morning, a fresh record close in sight if we can hold on through the afternoon.  Every sector is in positive territory, but it is a particularly good day to be an iron ore miner, with another 5% rise seeing the spot price blowing past the record high set the day before. Meanwhile its a big week for income hunters, with three of the "big 4" going ex, things are going from bad to worse for A2M, and the 2021-22 Federal Budget headlines the economic calendar.

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