THE MARCUS TODAY MORNING MEETING – Tuesday 8th November

The market is up again today, the ASX 200 is up 25 points (+0.4 %) to 6959 as banks bounce back from yesterday’s fall, up 1.1%. Mining and Resources clinging onto yesterday’s gains, with BHP and FMG both up 0.1%. Westpac’s announcement not looking as bad as it first seemed yesterday as they jumped 1.7%, and The Big Bank Basket moves up 1.1% to $184.28. Gold and utilities, and healthcare are holding their own, with both sectors trading higher. Energy the worst sector, down 0.4%.

Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.