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Trending on LiveWire: Weekend edition – Saturday, May 9th – LiveWire exclusive

As a child of the 80s and as a car lover, one of my favorite films was Ferris Buellers Free Day. A famous line from the film is: “Life moves pretty quickly. If you don't stop and look around every now and then, you could miss it.”

After three months in the markets, in which the ASX 200 retreated by more than 15%, the index has withdrawn and now has much less insulting 4% discount on the high February high. Now it is time to look around to make sure you don't miss it.

This week my colleague Tom Stelzer wrote a wire for those who still held cash and how the professionals use him both as a sword and as a shield, while there were many cables about how fund managers navigated the volatility and how to position themselves for what comes next.

So where are we now? The bulls will indicate the de-escalation of trade voltages and the trade agreement between the United States and Great Britain as positive signs, while resistant dip purchases and resumes of corporate purchases in the USA are different positive aspects.

The bears will probably take a line similar to the Fed: the risks remain as well as uncertainty, and a waiting and lake approach is justified. For what it is worth, I can't help but hear the words of the former boss and the LiveWire favorite Marcus Padley in my ears – “chickens do not make money”.

I wish all mothers a nice weekend and a nice Mother's Day.

Chris ConwayManaging Editor, LiveWire Markets

Gerrish: The correction takes place, we position for what comes next

If there is one thing from the youngest chaos market, volatility creates opportunities. But if you are waiting for a sign that everything is fine, you may already have missed the boat. For James Gerrish from Market Matter, the largest lesson he has taken from over 20 years in the markets is that 20% corrections more often than expected and then apply it. In this far-reaching interview, he discusses everything from Trump and Australia's position in the trade war, to gold, the confi season and where he sees the ASX 200 until Christmas.

Discover now

Meet David – He takes over Australia's ETF -Goliaths (with only 10 stocks and a brave plan)

The Australian ETF industry is booming – last year alone 53 billion US dollars – and a new player enters the ring. David Tuckwell, son of the ETF pioneer Graeme Tuckwell, launched ETF shares to challenge the giants like Vanguard and Betashares. His weapon of choice? Low fees and extremely oriented US tech exposure. A fund contains only the top 10 Nasdaq shares – a bold bet on concentration over diversification. Is there space for another player in an increasingly overcrowded market? We examine the strategy, the history and missions behind ETF Shares' brave start.

Read | HEAR

Top 3 wires this week

Here are the Weeks, which were viewed or liked by our subscribers from top or meated wires:

Some of the best wires of our contributors this week

Diagram of the week: 100 years of stock market concentration

The graphic from Goldman Sachs this week shows that the US stock markets are now more concentrated than in over a century – even as the great 7, the stars of the last bull run have remained. Why should investors be careful? Historically, the extreme concentration often marks the turning point in market trends. The highlight of 1932 was established by the collapse of the stock markets during the Great Depression when capital focused on relatively few large, financially stable shares. However, such summits are more common with market tops – as in 2000.

Chris ConwayManaging Editor, LiveWire Markets

Weekly survey

Where do you see the best chance for Australian investors in the next 6 to 12 months when global stock markets show signs of extreme concentration and increased volatility?

A) ASX defense shares with large cap – Safety in size and dividends
B) ASX MID/Small Cap growth stocks – oversized and ready to blackmail
C) International diversification – Time to look beyond Australia

Vote now

Survey results of the past few weeks

We asked “IF you hold CBA, what does you keep you? “

The survey shows that 42% of the respondents to consider themselves to be the massive capital gains, 33% on franked dividends, sold 21% and 4% corned up to the blind loyalty.

See results of the results

How do you rate the trend of this weekend via LiveWire?

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