Entries Tagged as 'charts'
Commonwealth Bank and Rio Tinto – a shorter term trading strategy
May 10th, 2013 · 5 Comments
At the moment there is so much confusion across the global markets that is makes me less reluctant to take long term positions. One day we see Chinese trade data which appears good, but there are questions about its reliability. Over in the U.S the economy appears to be improving, but what will happen when the Fed starts to wind back quantitative easing measures? Meanwhile in Japan, Abenomics is shaking up the markets and there is considerable pressure on leaders across the EU to ease up on austerity measures.
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 Australian economy: Are the charts half full or half empty?
March 15th, 2013 · 23 Comments
According to data released the other day, the Australian economy created around 70,000 positions recently which apparently is very good according to most economists. This is despite the fact that most of the jobs were part-time roles and I saw no breakdown regarding what type of jobs were created. That doesn’t seem to matter, once the media and assorted experts say it’s time to cheer then we are suppose to cheer.
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.
BHP Billiton, Commonwealth Bank, & Telstra 2012 Charts Review
January 15th, 2013 · 2 Comments
Today I am going to review the 1 year performance of three ASX listed blue-chip stocks namely: the Commonwealth Bank of Australia (ASX:CBA) BHP Billiton (ASX:BHP) and Telstra Corporation (ASX:TLS) to get a feel for how these large companies within the S&P/ASX 200 Index fared during 2012. Does the performance of these stocks give us any indication of how the wider stock market may fare in 2013 and if so, are these stocks worth watching over the next 12 months?
U.S. Market Forecast – Tis The Season To Drink & Own Coffee
December 30th, 2012 · No Comments
Coffee prices have fallen more than 50% since 2010 which can be seen through the coffee exchange traded fund symbol: JO. This investment seeks to replicate the returns that are potentially available through an unleveraged investment in coffee futures contracts as well as the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
Will the S&P/ASX 200 continue to rally in 2012?
December 17th, 2012 · 16 Comments
As we approach the end of the year, the annual topic of a “Santa Rally” rears its head and although I don’t believe Santa can rally stocks, I do wonder if the current upwards trend of the Australian stock market can be sustained for much longer. Will the S&P/ASX 200 finish 2012 on a high, or will slide back and finish well below 4500.
Stockwatch: Suncorp Group Limited (SUN)
December 7th, 2012 · 1 Comment
To pick a stock to write about this time I decided to set some high level criteria, do a search and then see what stock caught my eye. What I searched for was a stock with a market cap of over $100 million, a P/B ratio of less than 1 and a P/E ratio of less than 16. The stock that came out on the top of the list was Suncorp Group Limited.
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.
Stock Charts Review: AGK, CWP, DMP & SKE
November 6th, 2012 · No Comments
I will quickly review four very different ASX listed stocks to see if we can draw any conclusions from how their shares prices have been moving. The stocks I will look at are AGL Energy, Cedar Woods Properties, Domino’s Pizza and Skilled Group.
WTI Crude Oil & Oil Stocks Seasonality & Year-End Outlook
October 31st, 2012 · 9 Comments
Crude oil has had some large price swings this year and another one may be on its way. This report shows the seasonality of crude oil along with where oil is trading and what the oil service stocks are telling us is likely to happen going into year end.
