Market Updates

Marcus Today – Daily Market Insights

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MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
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Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
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Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

The S&P 500 and Nasdaq Composite rose to new all-time highs on Wednesday, building on the week’s strong gains as investors remained hopeful about the Iran war potentially ending soon.

The broad market index gained 0.80%, ending at 7,022.95. The Nasdaq Composite advanced 1.59% to 24,016.02, while the Dow Jones Industrial Average shed 72.27 points, or 0.15%, to close at 48,463.72. Both the Nasdaq and the S&P 500 closed at records, with the tech-heavy index posting an 11th day win streak and the broad market benchmark notching its 10th positive session out of 11.

SPI down 3 - Quarterlies in focus - Gold eases - Give peace a chance!

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Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
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Join Marcus Today
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http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

The ASX 200 closed up a mere 8 points to 8979 (0.1%) after an enthusiastic start petered out. Banks went all soggy on some broker doubts, WBC dropped another % and the Big Bank Basket fell to $306.62 (%). Other financials fared ok, MQG continued higher, up 1.4% and insurers better too, IAG up 1.5%. REITs were solid with GMG up 1.3% and GPT up 0.7%. Industrials a mixed bag, WES fell yet again, down 0.9% with BXB off 0.8%, not so palatable, and WOW and COL were not such super markets. Utilities also under pressure. Tech modestly higher but not running away. Questions till remain. WTC up 3.6% and XRO gaining 2.6% with the All-Tech Index up 1.8%.

Resources were a mixed box of chocolates, gold miners firmed, EVN soared 9.6% on a positive quarterly, NEM was shaken, but not stirred at Cadia up 0.5% and GMD rose 5.0%. Rare earth stocks slid as too did lithium plays, PLS down 0.2% and LTR off 0.3%. In oil and gas stocks, more easing back but off lows. WDS down 2.4% and STO falling 2.9%. Uranium stocks mixed as BOE rained on the sector falling 9.3%. PDN kept moving higher by 4.5% and coal stocks fell slightly.

In corporate news, VGN talked fuel hedges and reaffirmed guidance, up 7.2%. NUF jumped 11.3% after it forecast a 17% increase in first-half underlying EBITDA amid plans to cut a further $50m in costs. MSB firmed on a CAR licence acquisition.

Nothing on the economic front. Asian markets saw modest gains - Japan up 0.4%, HK up 0.5% and China down 0.1%. 10-year yields fall to 4.93%.

US Futures jump, Nasdaq down 20, Dow down 30. Europe is opening unchanged.

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Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

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MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

US stocks rose on Tuesday following a strong session in which traders shrugged off a breakdown in peace talks between the U.S. and Iran, yet were optimistic that a deal between the two countries was still possible.

The S&P 500 gained 1.18% and closed at 6,967.38. The broad market index now stands less than 1% below its 52-week high. The Dow Jones Industrial Average added 317.74 points, or 0.66%, to close at 48,535.99. The Nasdaq Composite advanced 1.96% and ended at 23,639.08.

Technology stocks supported the broader market for another day. Oracle, for example, rose 4.7%, building on the more than 12% gain it saw in the prior trading day. Nvidia and Palantir Technologies also notched a winning session.

SPI up 34 - Gold up 2% - Oil drops - EVN quarterly.

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Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
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Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

The ASX 200 jumped 45 points to finish at 8971 (0.5%). Despite banks under pressure, the index made good solid gains. The Big Bank Basket fell to $308.15 (0.5%) with WBC down 2.6% on an outlook statement for HY results. ANZ fell 1.0% with other financials doing better, MQG up 3.7% on a broker upgrade, NWL rising 2.7% and XYZ up 5.5%. Insurers were better with QBE gaining %. REITs saw buyers emerge, GMG up 1.6% and SCG rallying 1.4%. Tech was a winner today, WTC up 3.8% and XRO up 3.9% a day after MS downgraded, the All -Tech Index up 2.1%. Retail drifted lower, healthcare better but muted. 

Resources were mixed, BHP soared 3.2% on copper exposure, RIO and FMG bumped higher and lithium stocks slightly better. Gold miners recovered but only modest gains, GGP up 1.3% and WAF up 1.8%. SFR also doing well on copper exposure, up 3.3%. Oil and gas stocks slipped, WDS down 0.6% and uranium stocks soared as long term prices increased, PDN up 6.3% and LOT up 9.7%. 

In corporate news, CU6 signed a commercial manufacturing agreement with Nucleus RadioPharma, UNI fell 1.5% after its CEO announced retirement plans. QAN also landing softly after warning on higher jet fuel costs.

In economic news, Consumer confidence was heading lower according to Melbourne Institute.

Asian markets soar, Japan up 2.4%, HK up 0.1% and China up 0.3%. 10-year yields fall to 4.94%.

US Futures jump, Nasdaq up 35, Dow down 5. Europe is opening higher.

—

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
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Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
http://bit.ly/mt-trial-podcast

Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

The ASX 200 finished down 35 points to 8926 in a quiet, cautious start to the week. The focus was on weekend events with the market taking its lead from US futures which stabilised after a bump down. Losses pretty much across the board, banks eased back with the Big Bank Basket down to $309.58 (0.24%). Other financials also sold down, MQG down 0.6% and NWL falling 2.1%. Insurers steady with REITs easing back again, GMG down 1.3% and CHC off 1.1%. Technology stocks were weaker but not aggressively. WTC down 1.3% and XRO off 1.5% with the All-Tech Index off 0.9%. Industrials eased, WES down 0.9%, QAN fell 2.0% and retail stocks eased slightly. JBH down 0.5% and NCK down 2.2%. Healthcare also under pressure with CSL slipping yet again down another 1.4%. PME and TLX both had good runs on the back of news. 

In resources, iron ore miners stable with gold miners off slightly, NST down 2.0% and EVN off 2.4% as bullion slipped. Lithium modestly lower, with oil and gas better, WDS up 2.6% and STO rising 1.7%. Coal stocks also better, NHC up 4.6% and uranium drifting lower.

In corporate news, A2M soured 13% on China supply chain issues, MVF received another NBIO from the previous consortium at 90c. TLX announced a strategic collaboration and PME signed a five-year contract renewal. GQG fell 0.6% on its latest FUM update showing outflows continue.

Nothing on the economic front. 

Asian markets soar, Japan down 0.8%, HK down 1.1% and China up 0.3%. 10-year yields rise to 5.01%. 

US Futures jump Nasdaq down 201, Dow down 302. Europe opening lower.

—

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
http://bit.ly/mt-trial-podcast

Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

US equities finished mostly lower in Friday trading. S&P snapped a seven-day string of gains. Software was a notable decliner again (IGV was down more than 7% this week); other laggards included insurers, banks (particularly regionals), PE, exchanges, payments, retail/apparel, pharma/biotech, hospitals, and staples. Semis were a standout with NVDA, AVGO and AMD leading the way. AMZN extended its recent rally in a mixed big tech space. Other relative outperformers included chemicals, industrial/precious metals, entertainment, building products, E&Cs, and REITs. Treasuries were weaker across the curve; yields were up 2-3 bp. Dollar index was off 0.2%. Gold finished down 0.6%. Silver was little changed. Bitcoin futures were up 1.3%. WTI crude settled down 1.3% in choppy trading.

Quiet finish to a noisy week. Peace talks broke down - US Futures down 1.1% Oil Jumps 8% - Gold falls

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Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
http://bit.ly/mt-trial-podcast

Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

The ASX 200 finished a very strong week down 13 points to 8961 as we await further Iranian negotiations. For the week, we were up over 4.4%, the best week since October 2022. Banks were steady despite some issues with mortgages on the AFR front page, the Big Bank Basket $310.35 (+0.3%). Other financials were mixed, ZIP up 2.1% and GQG up 0.9%. NWL rose 2.3% with ASX also better. REITs better, GMG up 0.5% and SGP rising 1.2%. Industrials and healthcare fell, CSL down another 0.7% with RMD off again and WOW falling 0.9%. TCL fell 1.9% on traffic numbers. Tech smashed again, WTC down 2.6% and XRO off 2.7%. The All-Tech Index fell 0.8%. Resources were a little mixed, BHP fell 1.1% on iron ore negotiations perhaps, FMG off 1.3% as it unveiled more green and renewable plans for the Pilbara. Gold miners drifted a little lower, EVN off 2.7% and NEM falling 0.6%. Lithium stocks better, LTR up 2.4% and PLS rising another 1.1%. Oil and gas stocks fell again, WDS off 0.2% and STO falling 0.6%. Coal under pressure and uranium slightly firmer, PDN up 2.0%.

In corporate news, TLX rose 7.3% on some good news from the FDA, MFG flat after shareholders vote for the merger, AMP rose 4.2% as new CEO laid out his plan.

On the economic front, nothing locally, but Chinese PPI rose. Asian markets firmed, Japan Nikkei up 1.9% but TOPIX flat, HK up 0.6% and China up 0.7%. 10-year yields rise to 4.97%.

US Futures near flat. Nasdaq down 10, Dow down 76. Europe is opening modestly better.

—

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
http://bit.ly/mt-trial-podcast

Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

Stocks extended their rally Thursday, even as oil prices gained, amid continued optimism among traders that the fragile two-week ceasefire between the U.S. and Iran could be sustained.

The S&P 500 added 0.62% and ended at 6,824.66, while the Nasdaq Composite climbed 0.83% to 22,822.42. The Dow Jones Industrial Average rose 275.88 points, or 0.58%, and settled at 48,185.80. The 30-stock index turned positive for the year, up 0.25%.

Crude prices advanced again on Thursday. West Texas Intermediate futures rose more than 3% to settle at $97.87 per barrel after earlier rising above $100. International Brent crude futures added more than 1% to close at $95.92.

SPI down 8 - Wait mode ahead - Weekend Talks Crucial - Still no Ships.

—

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
http://bit.ly/mt-trial-podcast

Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.