Podcast Archive

Marcus Strategy Thursday 28th May 2020


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The markets are piling it on again led by the banks. The weekly chart of the ASX 200 registered both MACD and RSI buy signals this morning. The main Strategy message today is about the banks. We are getting back to a neutral weighting in the sector in the Growth SMA as an insurance policy against underperformance rather than in our excitement over banks. This is not the tech sector, it is a low growth large sector seeing a sentiment recovery. Read the newsletter to tell you why the sector is moving but the message is that for income focused investors it could be the end of that once in a decade opportunity to pick up big income stocks. There is just a chance they reinstate those dividends as well having over-provisioned for a economic Armageddon that may not happen. The Marcus Today growth SMA is now up 24.76% from the bottom and you can add another 2% if the market holds up today. That's also an outperformance of 23.1% since February 20. Whatever we are doing in these Strategy sections and in the podcasts, it works. Keep listening. 

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