CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST 

After a record closing high and a 92-point rise on the ASX 200 yesterday, a sell-off today was a bit inevitable - we seem top have lost everything we gained. Volatility is often a sign of a change of trend. A little bit of exuberance is leaking out of the market this morning. The  damage is happening at the pointy end again with the NASDAQ down 2.6% and in our market the tech sector is once again on the nose. APT down another 5% today. Today we talk about Iron ore, resources, the Budget, fund managers and a couple of smaller stocks.