Listen "Episode 79: Bull run looking tired despite outstanding MAG7 earnings"
Episode Synopsis
In this episode of MPC Markets Bulls vs Bears, the hosts discuss the current state of the markets, focusing on the busy earnings season, stock highlights from both the ASX and US markets, and the impact of recent events on the copper market. They analyze the performance of tech giants like Microsoft and Meta, delve into commodities market trends, and provide insights on upcoming earnings reports. The conversation also touches on the fear and greed index, reflecting market sentiment, and concludes with an update on Clarity Pharmaceuticals and its market position.takeawaysThe earnings season has been extraordinarily busy, with significant market movements.There is a noticeable difference in enthusiasm between ASX and US stocks.Copper supply is diminishing, impacting market dynamics.Microsoft has regained its competitive edge in the tech sector.The commodities market is experiencing a downturn, particularly in copper and lithium.Upcoming earnings reports from major companies could influence market trends.The fear and greed index indicates a shift in market sentiment.Clarity Pharmaceuticals is showing potential despite high short positions.Retail investors are actively participating in the market, buying the dip.Market predictions suggest a cautious outlook for the coming weeks.
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