Shareswatch Australia

Australian stock market investing, ASX charts, analysis & market forecasts.

Shareswatch Australia header image 4


Entries Categorised as 'Commodities'

Commodities Prices, the Baltic Dry Index, BHP Billiton & Rio Tinto

June 17th, 2014 · 12 Comments

Recently there has been a lot of focus in the financial media about commodities prices with some commentators for example seemingly surprised how far the iron ore price has fallen. However on this site we have been warning that the days of high commodities prices were coming to an end, so the recent price falls have come as no surprise. In fact the Baltic Dry Index has been warning us what was likely to happen for a long time & also hinting what the stock prices for BHP & RIO were likely to do as well.

The Australian Economy & ASX All Ordinaries Index Review: June 2014

June 6th, 2014 · 6 Comments

So far the Australian economy has held up quite strongly in 2014 and has outperformed many other developed economies since the GFC caused havoc across global markets in 2008-2009. Belatedly the Australian stock market has also shown post GFC bullish signs having rallied strongly from a low last year to up around 5500 this year. So all is going well right? Well not really, and if we scratch under the surface there are some very worrying trends which could cause years of strife for the Australian economy and the Australian stock market.

The 2014 Federal Budget, Smokin’ Joe & Political Chaos

May 28th, 2014 · 15 Comments

It’s has taken me a while to put some thoughts down about the 2104 Australian Federal Budget simply because I am suffering from budget fatigue. Maybe the rot set in when Kevin Rudd & Wayne Swan were prancing around during the GFC talking about a national economic emergency. Or perhaps it was just years of Swan delivering budgets which had little connection with reality, with himself and Ken Henry both off in some parallel universe. In any case, when Tony Abbott and Smokin’ Joe Hockey rolled out the budget emergency theme the fatigue really set in.

ASX Charts Review: SPDR S&P/ASX 200 Fund (STW)

April 25th, 2014 · 10 Comments

The Australian stock market has had me baffled for the last couples of months as have the global markets in general. Despite the global economy still showing signs of weakness and the Chinese economy clearly slowing, the ASX All Ordinaries Index & ASX 200 Index both finished yesterday above 5500. So is the Australian market poised to head towards the 6000 level or is the old saying “sell in May then go away” going to ring true this year?

ASX Market Indices Charts Review: XJO, XMM, XFJ, XNJ & XGD

March 19th, 2014 · 21 Comments

Over the last few months the Australian stock market has moved without any real conviction and appears to have settled within a range between 5100 and 5450. There has been no clear breakout towards 6000 nor has a major correction taken the market down to what I would describe as a buying range.  At this stage it appears difficult to spot any clear trend by looking at the ASX All Ords Index and/or S&P/ASX 200 so I will go one level lower, and look at some key sector ASX Market Indices.

Has a New Gold Bull Market Cycle Started?

January 20th, 2014 · 15 Comments

2013 was one of the worst years for gold in a generation and the strangest part of it is that this loss came during a time in what should have been a banner year for gold. When the Fed launched its QE1 and QE2 programs, gold posted huge gains but with QE3, we only had a brief rally in late 2012, it’s been all downhill form there. The price of gold over the last year highlights just how much Europe has become a powerful driver behind gold vs. the US which has historically been the main mover.

2013 ASX Stock Market Charts Review

January 13th, 2014 · 5 Comments

By the end of 2013 the ASX All Ordinaries Index (XAO) & S&P/ASX 200 Index (XJO) both gained around 15% which was a healthy above average annual gain with the long term return for stocks being around 10%. But we need to keep the 2013 gains in perspective and not get carried away by some of the media hype and excitable comments being made by fund managers & analysts etc.

U.S. Market Update: Why Investors Must Be Cautious At These Prices

October 18th, 2013 · No Comments

Last week on October 8th the financial market experienced a broad based sell off. Every sector was down with utilities being the only exception. The individual leadership stocks, which are typically small to mid-cap companies (IWM – Russell 2K) that have a strong history and outlook of earnings growth, were hit hard as well.

Baltic Dry Index, ASX All Ordinaries, Gold & AMEX Charts

September 25th, 2013 · 13 Comments

There is a lot of confusing news & information swirling around regarding the markets these days. Depending on who you listen to either the U.S. economy is recovering or Ben Bernanke is the ultimate asset bubble creator. In China some see the economy in a state of planned transition whereas others (including myself), see it as a command economy fuelled by unsustainable credit growth. Meanwhile in Australia there appears to be some confusion regarding if the mining boom is over or just having a rest?

Precious Metals & Miners Flash Short-Sell Signal

August 29th, 2013 · 9 Comments

It has been a bumpy ride for precious metal investors over the past couple of years and it unfortunately I do not think its over just yet. The good news is that the bottom has likely been put in for gold, silver and gold miners BUT the recent rally in these metals and miner looks to be coming to an end. While we could see another pop in price over the next week or so the price, volume and momentum seem to be stalling out.

Has the Australian Economy entered a period of long term decline?

August 13th, 2013 · 22 Comments

There has been a lot of noise about the Australian economy of late due to the federal election campaign, and most likely much of what is talked about by politicians is not worth paying much attention to. For investors the bigger and more important issues are related to if the Australian economy is in long term decline or is the economy simply heading through a short term rough patch.

U.S. Market: Commodity Index Points to Rally in Gold & Silver

July 16th, 2013 · 33 Comments

During the recent weeks we have seen commodities especially precious metals continue to drop in value. Market participant sentiment has become more bearish on commodities and couple that with a rising dollar it’s no wonder why we continue to see commodities as a whole fall in value.

Page 3 of 1712345...10...Last »

 


This site is not intended to act as any form of financial or investment advice.  © 2008–2017 Shareswatch Australia — DisclaimerCutline by Chris Pearson

 

The information contained in this website is for general information purposes only. Whilst we endeavour to keep the information up-to-date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. Please seek professional advice before making any investments.