Shareswatch Australia

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

Shareswatch Australia header image 1


Silver, Gold & Miners About To Sell Off Again

November 22nd, 2013 · Chris Vermeulen · 16 Comments

A couple weeks ago I posted these same charts talking about the pending breakout (in either direction) with silver, gold and mining stocks. Fast forwarding to this week its clear this sector continues its struggle to rally. Key support levels are now being tested and if these levels fail prepare for a sharp correction with mining stocks showing the most downside potential of roughly 25% for the GDX ETF trading fund.

The Shareswatch Random Stocks Portfolio: November 2013

November 12th, 2013 · Greg Atkinson · 9 Comments

A lot has happened since the last review of the Shareswatch Random Stocks Portfolio in January with the S&P/ASX having risen from just under 4800 to around 5400. That’s a gain of about 12% so it would not be unreasonable to expect the portfolio to have also posted a good gain over the same period.

Australian stocks rally but risks remain high

October 25th, 2013 · Greg Atkinson · 20 Comments

Today the ASX All Ordinaries Index is up near the 5400 level with few signs that the current rally which started in July is about to fade. For market bulls this is a joyous occasion and for long term investors such as myself, it is a welcome change from years of the market edging sideways. However I will not be breaking out the champagne just yet as there are risks out there which seem to be getting over-looked.

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

October 18th, 2013 · Chris Vermeulen · 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.

Charts Review: ASX All Ords, CBA, RIO, WOW & LLC

October 4th, 2013 · Greg Atkinson · 3 Comments

It might surprise some readers to know that over the last 6 months the Australian stock market has essentially moved sideways again.  It’s true that over the last quarter the market has posted a healthy gain and this sort of action gets analysts & reporters very excited. But the boring longer term reality is that the All Ords was hovering around 5,200 in May and that is where it is now.

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

September 25th, 2013 · Greg Atkinson · 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?

2013 Federal Election, All Ordinaries & Stock Market Outlook

September 8th, 2013 · Greg Atkinson · 3 Comments

Well it’s over at last – the end of what has essentially been a three year election campaign in Australia and hopefully also the end of political instability; but that may be asking for too much. Tony Abbott will be the next Prime Minister of Australia, Kevin Rudd will now get on with doing what he does best what he does best – sulk in a corner and the Australian stock market will probably not do a lot.

Precious Metals & Miners Flash Short-Sell Signal

August 29th, 2013 · Chris Vermeulen · 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.

‘Happy go lucky’ Australia now adrift in Asia

August 23rd, 2013 · Gregory Clark · 3 Comments

Australians used to call themselves “the lucky country,” after the title of a 1960s’ best-seller saying how farming wealth had allowed Australia to create a stable, prosperous and fairly egalitarian society.  But today’s minerals wealth seems to have worked in reverse, to create a nation prone to quick fixes, whimsical political changes, flip-flop foreign policies and crazy economic strategies. From the sober lucky country we move to the feckless happy-go-lucky country.

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

August 13th, 2013 · Greg Atkinson · 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.

Review of S&P/ASX Index Charts: XSJ, XFJ, XPJ, XDJ, XMJ & XNJ

July 26th, 2013 · Greg Atkinson · 6 Comments

As the Australian stock market continues to essentially drift sideways perhaps now is a good time to step away from looking at individual stocks and look at which sectors have been moving the wider S&P/ASX 200 (XJO) Index. To do this I am going to focus on six S&P/ASX 200 sector indices namely the S&P/ASX 200 Consumer Staples (XSJ), S&P/ASX 200 Financials (XFJ), S&P/ASX 200 A-REIT (XPJ), S&P/ASX 200 Consumer Discretionary (XDJ), S&P/ASX 200 Materials (XMJ) and S&P/ASX 200 Industrials (XNJ).

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

July 16th, 2013 · Chris Vermeulen · 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.

Charts, Chanos & China – ASX charts & short term outlook

July 3rd, 2013 · Greg Atkinson · 18 Comments

As per the script, finance journalists were engaged in a fierce battle for readers yesterday with most getting very excited about the ASX All Ordinaries and S&P/ASX 200  posting gains of over 2.5%. It was the best day for the market since whenever they exclaimed and the bearish articles they had churned out just a week before were all forgotten.

Precious Metals Life Cycle Nears an End – Final Stage of Denial

June 27th, 2013 · Chris Vermeulen · 28 Comments

The life cycle of most things not matter what it is (living, product, service, ideas etc…) go through four stages and the stock market is no different. Those who recently gave in and bought gold, silver, mining stocks, coins will be enter this stage of the market in complete denial. They still think this is a pullback and a recover should be just around the corner.

A Stock Market Correction. So What?

June 21st, 2013 · Greg Atkinson · 21 Comments

The markets have had a rough time of late and yesterday the combination of Ben Bernake talking about a slowdown in printing dollars and a weak PMI figure out of China resulted in all major stock markets falling with the Dow Jones slumping by more than -350 points overnight. Ouch!

While the Fed Parties, Gold & Oil Have Left the Building

June 18th, 2013 · J.W. Jones · 14 Comments

Risk assets and financial markets around the world have been supported by central bank action for several years. Performing financial alchemy on a scale larger than has been seen in the history of mankind, central banks have hijacked global financial markets. Mountains of liquidity, artificially low interest rates, and the creation of future asset bubbles has been their calling card for the past few years.

Page 4 of 27« First...23456...1020...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.