13th November 2025 – Defensive Switch continues as investors rotate out of Tech

In this morning's edition of the MPC Markets Morning Call, Mark Gardner discusses the recent shifts in market dynamics, highlighting a defensive switch as investors move away from tech stocks. He provides insights into sector performances, particularly in healthcare and commodities, and discusses the implications of rising bond yields and economic indicators on future market trends. The conversation also touches on the potential for silver and other precious metals, as well as upcoming economic data releases.takeaways• Investors are rotating out of tech stocks into defensive sectors.• Healthcare stocks are currently undervalued based on historical PEs.• Silver has shown significant price movement and potential for further gains.• Rising bond yields are impacting market sentiment and stock valuations.• The Australian market is experiencing a mixed performance with sector-specific trends.• Economic indicators are expected to be released following the government shutdown in the US.• Day trading patterns are emerging, with specific buying and selling times noted.• The performance of commodities like copper and lithium is showing positive trends.• Investors should be cautious with external economic calendars due to potential inconsistencies.• Overall market sentiment is leaning towards a defensive strategy.