Google enjoyed a strong session overnight after beating analyst expectations reiterating its status as the world’s most powerful advertising engine. This time it was retail marketers trying to encourage consumer spending that drove the beat with revenue for the quarter coming in at an extraordinary $US51bn for the quarter. This is one “runaway train” which MM will step up and buy back into when it does eventually correct over 10%.
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Performance update for March, stocks that drove returns & our current positioning
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Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
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Market Matters Research Lead Shawn Hickman with David Koch
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Friday 19th April – DOW up 22pts, SPI down -55pts
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MM is bullish GOOGL medium / long term
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
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Friday 19th April – DOW up 22pts, SPI down -55pts
Daily Podcast Direct from the Desk
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