Market Updates

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 down 18 points in lacklustre trade closing at 7512 (-0.24%). Once again resource stocks weighed with BHP down 1.0% and RIO down 0.5%. Gold miners under pressure as bullion fell, NCM down 2.9% and NST off 5.3%. Banks were firm with MQG updating the market and pushing 4.7% higher. Else...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 2 to 7530 after RBA leaves rates unchanged. Early weakness sees buyers return grinding out a positive day on better Chinese data and RBA comments on rate rises. Banks were slightly lower with the Big Bank Basket down slightly to $184.92, NAB being the worst, performer off 0...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 fights back from over 80 down to close up 6 points to 7529. FMG ex dividend is nearly 20 points negative alone. Across the board, bargain hunters stepped back in with the banks doing well up to $185.12 for the Big Bank Basket. Industrials and healthcare also turned around as CSL rose...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 rallied hard, but interest waned a little to close up 37 points at 7523 ahead of crucial jobs numbers tonight. Uranium stocks in focus and huge pops in some like PDN up 24.0% and VMY doing well up 23.1%. Banks were firm with the Big Bank Basket up to $184.43. Iron ore stocks also reco...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 dropped 41 points to 7486 rallying off its lows with half of the fall BHP going Ex- Dividend. This will be a feature of the market as company dividends drop creating a headline headwind. BHP fell 6.9% to be lower than its 2021 open though it has paid around $4 in dividends thus year....

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 closes down 8 after a solid recovery and GDP numbers cheered. Up 0.7% above forecasts. Banks better with Big Bank Basket up to $183.43 as leverage to GDP. Healthcare not so rosy led down by CSL off 0.9% and RMD down 1.3%. Industrials were mixed, DMP down 2.7%, WES off 3.3% as it trade...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 put in an impressive day up 30 to 7535 as month end window dressing helped. Last day of reporting season with a collective sigh of relief all around. Industrials today were the stars as EDV rose 4.4%, WOW up 0.8%, WTC up 5.7% and REA doing well up 1.8%. Healthcare was a big source of...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 flip flopped to close up 16 points at 7505 (0.2%) after a strong rally eased and turned negative on CV19 woes. Banks in trouble today as the Big Bank Basket dropped to $181.76, with CSL also falling 0.2% despite huge uptake of ‘RastaZeneca’. Resources stocks were the winners as the U...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 fights back from early losses to close down 3 points to 7488 ahead of Powell’s appearance on Zoom. Banks were slightly firmer with the Big Bank Basket up slightly to $183.49. CSL performed well with the rest of healthcare flat, Resources eased as BHP fell 0.6% and MIN slipped 1.4%. B...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 finished down 41 at 7491 as CV19 cases and Jackson Hole event kept buyers cautious. Growth stocks under a little pressure with big miners slipping despite iron ore price rises and commodities picking up elsewhere. Banks held firm with the Big Bank Basket at $182.98.  Results though th...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 closes up 29 points to 7532 in what is becoming Groundhog Day. A strong start on the back of US markets then, Gladys steps up to the microphone to do her thing, and we are in dire straits. Once again though a narrow range of trade with resources the stand outs. BHP up 1.3% , FMG up 2....

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 once again higher with a 13-point gain to 7505 (0.2%). Miners and energy stocks driving the market higher as banks and industrial defensive saw profit taking. The Big Bank Basket unchanged with insurers and other financials holding firm. Big miners rose with BHP up 1.0%, FMG and RIO a...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 rallies 29 points to 7490 (0.3%) as a few bargain hunters appear despite NSW hitting high case numbers again. A bit of a mixed session with results and research in focus, NHF fell 11.0% after its CV19 affected results, GEM too in the doghouse on occupancy worries, down 5.7%, ALD bid f...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 falls 4 points to 7461 as early gains evaporate in the face of increasing lock downs and CV19 cases. Resources tried hard to hold up despite iron ore falls but succumbed in the end with BHP falling 0.7% and MIN off 2.4%. Rare earths took a battering as LYC fell 6.9%, Malaysian politic...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX recovers to close only 38 points down at 7465. It was the best of time and the worst of times. Miners were savaged with the iron ore price adding to BHP woes and commodities generally under pressure. RIO dropped 5.7%, FMG down 6.2% and MIN falling 6.6%. The big Aussie may be regretting it...

ASX 200 put in a good day to day despite NSW CV19 cases, despite US weakness and BHP falls. The ASX 200 fell 9 points to 7502 (0.1). BHP alone accounted for 33 negative points. It was all about results. In general, they were positive. Brokers pronounced sentence on a few with 'ho humness' following yesterdays drop with BRG continuing lower, MFG also under pressure but DMP delivered up 7....

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 slides 72 points to 7511 (0.9%) as results drop thick and fast. Seems some disappointment emerging on outlook statements and cost pressures perhaps. The Big Bank Basket fell hard today as CBA went Ex-Dividend, the basket dropped to $180.32. Other financials also on the nose as MFG co...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 starts a busy week falling 46 points to 7582. Narrow range again and the market holding up despite obvious CV19 headwinds. Company reports took centre stage. BEN falling 9.9% after results set the stage for the banks with the Big Bank Basket down to $184.78.  Materials also in the se...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 finished the week off in style rising 41 to 7629 (0.5%) despite a rise to a new record in NSW and more areas under lockdown. For the week the index rose around 90 points. Banks continue to drive the market as investors switch from CBA to the other three. The Big Bank Basket closed do...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 rises 4 to 7588. Late rally saves another record day. Early surge and then enthusiasm lost as CV19 cases and lockdowns continue. All about results and reactions today. QBE surprised to the upside, TLS announced a buyback, AGL showed why the market hates them, NAB trading update ok, b...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes at yet another record high of 7584 up 22 points. Banks the focus as CBA delivered and some. CBA rose 1.5% and the Big Bank Basket up to $190.39. Big miners were surprisingly strong despite iron ore falls. Must be the promise of dividends. Lithium stocks remain the flavour of t...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 hits another record high of 7563 up 24 points (0.3%) after once again shrugging off a soaring case number in Sydney. Banks eagerly awaiting the results kick off with CBA up 1.5% and the Big Bank Basket up to $187.99 Gold miners suffered the slings and arrows but lithium stocks were g...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes unchanged after giving up earlier gains. Miners weak with iron ore and gold miners the focus. Banks and financials doing well today as SUN rose 7.8% following a positive set of numbers an increased dividend, a special and a buyback. Tech under a little pressure but so far resu...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 27at 7538 in late surge. Range seems to be getting smaller and a break out is due. Results season beckon. Miners slip on commodity prices with BHP down 2.0% and FMG down 1.0%. Bank continue to attract buyers and industrials firm but unspectacular. APT up around 5.5% as Squa...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up only 8 points at 7511 in another record day. Quiet lacklustre trading though with the banking sector in focus . Industrials and healthcare also doing well but some cooling in the BNPL sector as APT fell 1.1% and Z1P down 2.1%. The All Tech Index closed unchanged. NCK double...