- Dow up 84 points. S&P 500 up 0.63%. Nasdaq up 1.52%.
- Apple down 4.17% and Amazon down 2.42% in after hours trade on results. Both beat estimates.
- Microsoft up 7.6% and Meta up 4.2% in normal session post results.
- The rebound rally feels like its running out of steam. Holding for now.
- Waiting for Trade Negotiations to kick in. May be "weeks".
- Fat Controller disappoints - Eli Lilly down 11.7% on results which include loss of contract to Novo Nordisk. Not relevant to us.
- General Motors says tariffs will cost them $5bn - cuts guidance. Hardly what was intended.
- Small rebound in Copper. Still holding WIRE ETF in the Strategy Portfolio.
- US financials had a good night. Good for BNKS ETF.
- Talk of a rate cut on May 20 from the RBA. FOMC Meeting next Thursday morning our time. Cut unlikely.
- Adding NXT and DTEC (Defence ETF) to the growth portfolio. Selling BXB.
- Should have sold NST (17% off the top now) in the Gold Bubble last month. Holding. Longer term should be OK.
This is our daily podcast, exclusively for Marcus Today members - covering everything you need to know about our Strategy Portfolio and the stock market each day.
Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.
If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.
Subscribe to Marcus Today and stay ahead with expert research and analysis.
