Entries Tagged as 'stock charts'
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.
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?
April 13th, 2012 · 1 Comment
Australian stocks seem to be enjoying a broad rally today and I suspect the mainstream financial media will churn out bullish sounding headlines when the market closes. But if we step back and review a few charts it’s pretty clear that the Australian stock market is stuck in a rut and I don’t see it breaking free any time soon.
March 19th, 2012 · 4 Comments
An extended stock market market downturn such as the one we are experiencing now provides long term investors with an opportunity to gauge how well companies have been able to deal with harsh economic conditions. So today let’s have a look at four consumer spending related Australian listed companies and see how they have fared over the last five years.
March 4th, 2012 · 2 Comments
So far this year the Australian stock market had managed to edge slowly upwards and the All Ordinaries Index appears poised to settle above 4400 during the next week or so. Although the risks of a major Eurozone economic implosion appear to be fading, the signs are that the economy in China continues to slow and it appears the U.S. economy is still struggling. The situation in China in particular is likely to have a major impact on where the Australian stock market heads next over the following few months.
November 10th, 2011 · 19 Comments
In the midst this stock market turmoil there may be some battered down stocks which present the opportunity for investors to buy shares in quality companies at bargain prices. Three Australian companies that might fall into that category are Qantas Airways, Telstra Corporation and Onesteel Limited.
October 21st, 2011 · 35 Comments
Over the last six months stock markets globally have become more volatile as Europe and the U.S. struggle to revive their economies. To make things more complicated many advanced economies have racked up so much debt during the ‘good times’ that they now don’t have the capacity to spend their way out of trouble. There will be no quick fixes and the situation is worrying enough to even rattle the commodities bulls.
August 1st, 2011 · 9 Comments
Over the past seven trading sessions we have seen stocks plummet in price because of the debt issues in the United States. I think a lot of individuals including myself thought that a bill would have been passed last week and with a plan underway money would flow back into stocks for a relief bounce at minimum. Instead, nothing was passed and that lead to strong selling into Friday’s close.
May 24th, 2011 · 29 Comments
An overdue stock market correction is currently working it’s way across global markets and as usual spooked investors have been selling out of the financials and mining stocks in Australia. Once again this illustrates just how feeble the ASX All Ords and ASX 200 are and how dangerously unbalanced the Australian economy is. But is the current correction anything out of the ordinary?
February 14th, 2011 · 6 Comments
Fosters Group Limited (ASX:FGL) is a blue-chip ASX-listed Australian beverage company with a wide range of brands covering beer, wine, spirits and ciders. Over the last few years the company has faced a number of challenges and is now in the process of trying to improve it’s underlying business and deliver better value for shareholders.
September 4th, 2010 · 4 Comments
If you are confused about the conflicting reports regarding the Australian economy and outlook for the stock market you are not alone. Much of this confusion is caused by financial journalists who one day are talking about a double dip recession and then suddenly switch to chirping about a robust Australian economy once some positive economic data appears.