Overnight Mastercard (MA US) rallied +3.5% after delivering a strong earnings report, we don’t hold MA in our MM International Portfolio but the sentiment flowed through Visa (V US) which is only around 3% below the level where we are now considering cutting this lacklustre position.
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Gerrish: The correction is done, we’re positioning for what comes next
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
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Friday 9th May – Dow up +254pts, SPI up +3pts
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MM is considering cutting Visa (V US) ~$US205
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Gerrish: The correction is done, we’re positioning for what comes next
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Recorded Monday 31st March

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Friday 9th May – Dow up +254pts, SPI up +3pts
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