Entries Tagged as 'all ordinaries'
The 2013 Federal Budget, the Australian Economy and Gold
May 20th, 2013 · 23 Comments
For the last few years I have been warning that steps needed to be taken to prepare the Australian economy for when the commodities cycles would turn downwards. Back when I first started writing about this, it was almost considered treason to even suggest the mining boom may draw to a close. But these days even the RBA, Treasury and Wayne Swan are talking about the end of the commodities boom.
ASX Charts Review: S&P/ASX 200, All Ords Index, CBA, GOLD & TLS
April 8th, 2013 · 33 Comments
The Australian stock market appears poised to head lower this week and there are signs that the rally which started in the middle of 2012, is turning into a decent sized correction. Over the next week or so the key areas to watch will be the mining stocks, banking stocks and gold prices. But already if we look at some charts in these areas we can see a trend developing.
What could be the next move for the ASX All Ordinaries Index?
March 27th, 2013 · 12 Comments
Since mid last year, the Australian stock market has staged a fairly impressive rally with the ASX All Ordinaries Index moving from a decidedly bearish level of down near 4000 to a bull market level of just under 5200 points. But of late the market has slipped back which will worry some investors, while others see this a simply a pause before the rally upwards continues.
The ASX All Ordinaries March Towards 5000 – Been There, Done That
February 12th, 2013 · 11 Comments
Recently every move upwards the stock market takes, no matter how slight, is greeted with almost ecstatic cries of joy from many analysts, finance journalists and assorted market watchers. It’s as if the ASX All Ordinaries was heading towards a new high and investors were being showered with money in the midst of a raging bull market that had no limits. Certainly there have been good returns of late for those investors who timed their entry into market almost perfectly, but for longer term investors it’s more of case of here we go again.
Australian Economic and Market Indicators – November 2012
November 12th, 2012 · 24 Comments
Finally it seems the Reserve Bank of Australia and Treasury have had to accept that the mining boom has peaked or is peaking, which is something I have been talking about on this site for some years. However the RBA, Treasury and Gillard Government all still appear to be relatively upbeat about the outlook for the Australian economy next year which is surprising, since I don’t see a lot to be optimistic about as I review the stock market, housing market or a few other economic indicators.
Australian Health Care is in the Pink
October 11th, 2012 · 3 Comments
In the last 12 months, shares of the Australian S&P/ASX 300 healthcare index (comprising 22 companies) have risen faster than their counterparts in the industrials and energy sectors. While this is in part caused by the downturn in the commodity markets as the world grapples with the European debt crisis and a slowdown in China, the healthcare group, notoriously a defensive sector, has also shown resilience despite challenging market conditions.
Is the Australian stock market reaching a bottom?
May 25th, 2012 · 15 Comments
For sometime I have been talking about the Australian stock market searching for a bottom of around 4000 for the ASX All Ordinaries & S&P/ASX 200. At of the close of markets yesterday, both indices were around that level, so could this mean the Australian stock market has reached a bottom?
