The recent failure of two prominent US banks, Silicon Valley Bank (SVB) and Signature Bank, has ignited concerns as to the resilience of financial institutions 15 years after the “Global Financial Collapse” (GFC) of 2008. SVB went into receivership on… Read More ›
Founded in 1837, Australian Gas Light was the second company to list on the Sydney Stock Exchange and has become Australia’s largest electricity generator. Despite its reliable pedigree AGL disappointed this week by announcing on the 9th of February 2023… Read More ›
Why might it be helpful for ageing (and other) investors to occasionally study index charts, and not just the charts of the stocks in their portfolio? One response, applicable to the charts of the various Australian market sectors, might be… Read More ›
From a Technicality Analysis point of view, yes it probably is. Wesfarmers is classed as a conglomerate, but it has over many years managed the diversity of its businesses successfully. Renowned quality retail ventures, such as Bunnings, Officeworks, K Mart,… Read More ›
The Buy or Sell Quandary Technical analysis, beloved by some, scorned by others, is a market assessment aid which can increase the reliability of making correct calls such as the oft recurring quandary of “Do I Buy, or Do I… Read More ›
Conventional wisdom strongly recommends investors avoid putting “all their eggs in one basket”. Rather, they should build a balanced portfolio so gains and losses on individual holdings will balance out and result in a more even return over time. This… Read More ›
Many lose faith in technical analysis when signals they may have correctly identified are not immediately followed by the price-action they anticipate. Individual signals can be misleading. Markets don’t just back-flip like Kevin McCarthy (current US Republican House Minority Leader)…. Read More ›
This is a six month daily candlestick chart of market darling CSL, from Incredible charts. Long-suffering retirees who for more than a decade, have endured negligible interest rate return on their bank deposits, have again been denied relief in the… Read More ›
A post written on January 13, 2019, pointed out that a 6 month, 1000 point down-trend in the XAO had ended, and that technically there was a change in trend, creating a Buy signal. The updated chart above shows the… Read More ›
Technically Speaking 