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The bull market continues - up 100 points on the ASX 200 yesterday and another 50 today. There's a bit of a dip in the iron ore price holding back the major resources but otherwise the Australian results season has started well with AMC up 6% on results today and in the US Alphabet is up 6% on results and Amazon 1%. We have been worrying about results from the recovery stocks we hold after the WOR downgrade this week but are going to leave it with the market running like this. We'll take what comes in the recovery stocks. Maybe the market will see through to the other side which is where our focus is. The Short Squeeze is unwinding. The RBA have our backs. Its a good day for Marcus today Members and their portfolios.
CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST
The bull market continues - up 100 points on the ASX 200 yesterday and another 50 today. There's a bit of a dip in the iron ore price holding back the major resources but otherwise the Australian results season has started well with AMC up 6% on results today and in the US Alphabet is up 6% on results and Amazon 1%. We have been worrying about results from the recovery stocks we hold after the WOR downgrade this week but are going to leave it with the market running like this. We'll take what comes in the recovery stocks. Maybe the market will see through to the other side which is where our focus is. The Short Squeeze is unwinding. The RBA have our backs. Its a good day for Marcus today Members and their portfolios.
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