I've been a MarcusToday subscriber for quite a few years @Stevie_B - since shortly after he launched the newsletter actually, so I get a decent loyalty discount on my annual subscription renewal, and I find it very useful for summarising what the world's global markets have done overnight, some reasonable analysis of the US market each morning, describing their previous day which happens during our night, and loads of data, like ex-div dates coming up, reporting dates, upcoming important data points that are likely to move the market (consumer sentiment, interest rate reviews by central banks, economic growth numbers, etc.) and then some analysis of those after they occur, etc.

There are three newsletters on each trading day, pre-open, mid-day and EOD (end of day), plus one each Saturday which summarises the past week and previews the following week.

They also have some useful data in databases and spreadsheets that subscribers can access, and you can go back and look at what the market did on prior days by accessing their EOD reports for those days. They break down sector movements daily and then provide overviews of daily share price movements grouped into sectors, and I often use those tables and charts in my "Gold as an Investment" forum posts.

They provide lists daily of companies that made new 12-month highs and 12-month lows, which often prompts me to do some research on some of those names.

Best thing to do, if you haven't already, is sign up for their 14 day free trial - there are no catches - you don't have to provide credit card details or any other payment information to get on their free trial - you only provide payment information if and when you decide to become a subscriber, and even then you can choose whether to "auto-subscribe" (so that your subscription automatically renews using that same payment method each year) or instead get a notification that your subscription is about to expire, prompting you to manually re-subscribe if you choose to (i.e. the same two options as Andrew provides here for SM subscriptions).

https://marcustoday.com.au/trial-sign-up/

I recommend it, but the annual cost will be too high for many people - it will depend on whether you believe that easy access to all of that information and having all of that info collated for you each day provides you personally with sufficent value to justify the annual cost. And for that you probably need to experience the benefits by doing the 14-day free trial.

Hope that helps.

To give my censored opinion, lots of noise, little signal.

I haven't subscribed but I have heard the guy speak. If you are a long term focused small cap investor I think they are better ways to spend your time than focus on macro things like this newsletter. Probably encourages more trading than is healthy too.

Fair points @twee - the MT newsletter is not really good at covering small caps - they are more concerned with moves by the larger companies - and they do discuss their own managed portfolios a lot and what they are doing, so you make some good points. I've learned to skim through a lot of the macro and all of the "what we've been doing here at MT with our portfolios" stuff and just find the stuff that interests me.

I have also learned to ignore their advice, particularly when it comes to "sell everything!" type advice which they gave a few years back just before a massive market rebound during a particularly volatile period - probably in 2020 during the worst of early Covid - so, yeah, they won't suit a lot of people here that are focused on smaller companies. But I get plenty of value out of my MT subscription myself. I maintain that people like @Stevie_B (who are interested) have nothing to lose by giving their 14 day free trial a go.

Thanks for the overview and your thoughts on MT @Bear77 Very helpful. I have signed up for a trial. With regards to the subscription fees they seem reasonable. MT only needs to provide one or two new investment ideas or insights that pay off to cover the cost of the fees. Plus of course the fees are tax deductible.

Yes @Stevie_B - those are two good points I should have made myself. For me, I think of that in terms of one good investment idea per year OR prompting me to sell out of something that would have resulted in a significant capital loss if I'd kept it, and I've paid for the subscription, plus, as you say, the annual subscription fee is tax deductible for anyone who is using the info provided to help inform their investment decisions, as is their annual Strawman Premium membership fee.