Morgans Financial Limited (Imports from Soundcloud)

Morgans Financial Limited (Imports from Soundcloud)

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Morgans Financial Limited (Imports from Soundcloud) episodes

  • Morgans AM: Wednesday, 20 July 2022
    US equity markets rallied strongly overnight following some str0ng corporate earnings releases - Dow rallied +754-points or +2.43%, the largest single session gain since 24 June. However, International Business Machines (IBM) Corp fell -5.25% after the software giant trimmed its 2022 free cash flow guidance after the releasing its second quarter result after close of the previous session. The broader S&P500 gained +2.76%, with Communication Services (up +3.63%), Industrials (+3.58%), Energy (+3.16%), Materials (+3.11%), Consumer Discretionary (+3.09%), Information Technology (+3.08%) and Financials (+3.07%) all gaining over >3% to lead al eleven primary sectors higher. The S&P500 has rebounded ~7.4% from its 16 June closing low. The Nasdaq jumped +3.07%, with Apple Inc (+2.67%) and Google parent Alphabet Inc (+4.29%) rebounding solidly. All three major averages are above their 50-day moving averages for the first time since April. The Russell 2000 soared +3.50%, marking the strongest daily advance for the small capitalisation index since 6 January, 2021.
    9 min
  • Reporting Season Playbook: July/August 2022
    Morgans Equity Strategists Andrew Tang and Tom Sartor preview this upcoming Reporting Season. Key themes to watch include cost inflation, FY23 earnings trends, quality premium, short selling, and positioning in resources.

    Morgans Clients can download the full Playbook here: https://morgans.com.au/Blog/2022/July/Reporting-Season-Playbook-2H22

    Check out more from Morgans:

    Visit the Morgans website: www.morgans.com.au
    Check out our blog: www.morgans.com.au/Blog

    On Facebook: www.facebook.com/MorgansAU
    On Instagram: www.instagram.com/Morgans.Australia
    On Twitter: twitter.com/MorgansAU
    13 min
  • Morgans AM: Friday, 15 July 2022
    US equity markets retreated but settled well of their session lows, with the second quarter bank earnings season kicking off and as the stronger-than-expected consumer price inflation (CPI) report released a day earlier continued to reverberate - Dow fell -143-points or -0.46%, recovering from a steeper decline of -628-points. UnitedHealth Group Inc added +0.24% ahead of the release of the company’s quarterly result tonight AEST. The broader S&P500 -0.30%, extending losses into a fifth consecutive session. Financials (down -1.92%), Energy (-1.90%) and Materials (-1.89%) all fell ~1.9% to lead eight of the eleven primary sectors lower. Information Technology sat atop the primary sector leaderboard overnight with a +0.93% gain. The Nasdaq inched +0.03% higher after a mixed performance from the big technology names, with Apple Inc up +2.05% and chipmaker Nvidia Corp +1.37%. Meta Platforms Inc fell -3.33% and Salesforce Inc -1.50%. Both the S&P500 and Nasdaq rebounded from earlier session declines of over >2%. The small capitalisation Russell 2000 lost -1.07%.
    6 min
  • Morgans AM: Thursday, 14 July 2022
    US equity markets retreated as investors digested the June consumer inflation report, with the Dow and S&P500 extending declines into a fourth consecutive session - Dow fell -209-points or -0.67%, paring a morning session decline of over >450-points. Boeing Co (down -2.17%), Walgreens Boots Alliance Inc (-1.92%) and UnitedHealth Group (-2.56%) were among the key drags on the index. The broader S&P500 lost -0.45%, recovering from an earlier fall of over >1.5%. Industrials (down -1.20%) and Communication Services (-1.07%) both fell over >1% to lead nine of the eleven primary sectors lower. Consumer Discretionary (+0.86%) and Consumer Staples (+0.01%) were the only primary sector to settle in positive territory overnight. The Nasdaq settled -0.15% lower having fallen over >2% earlier in the session. The small capitalisation Russell 2000 slipped -0.12%.
    6 min
  • Strong US Employment will lead to a July Rate Hike: Michael Knox, Morgans Chief Economist
    The FED needs to slow employment growth from 372,00 per month to 100,000 per month. This will likely lead to another 75 basis point rate hike in July 2022.

    Check out more from Morgans:

    Visit the Morgans website: www.morgans.com.au
    Check out our blog: www.morgans.com.au/Blog

    On Facebook: www.facebook.com/MorgansAU
    On Instagram: www.instagram.com/Morgans.Australia
    On Twitter: twitter.com/MorgansAU
    8 min

About Morgans Financial Limited (Imports from Soundcloud)

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Morgans is Australia's largest national full-service retail stockbroking and wealth management network with more than 240,000 client accounts, 500 authorised representatives and 950 employees…