Market's comments on the market
Dow down 358 and closed on its low - If you look at the technical picture the market has broken the long term uptrend. It’s a technical observation not a prediction. The media is awash with excuses: Tsipras resigning sending Greece into a September 20 election. Talk that the PBoC (Peoples Bank of China) will downgrade official growth forecasts to 6.5%. The FOMC looking like it will delay a rate rise - suggests it is concerned about a lack of growth and the stubborn lack of inflation. Technical selling as the S&P 500 dropped below the 200 day moving average. To read more click here - (VIEW LINK)
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Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and informing private investors with insightful, honest, straight-up independent stock market research and ideas. Marcus likes to call it as it is without agenda, puts subscribers first, and this has paid off for real people with real money.
Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and...
Expertise
Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and...
Expertise
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