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 ›
For Admedus shareholders, the past year has been an investor’s nightmare with AHZ becoming a negative “ten-bagger”! Just nine months ago, on 27 April 2018 the share-price of AHZ reached a high of 40 cents per share, having rallied over… Read More ›
Labor has given Australians ample notice of their intention in government to end cash imputation payments to those who are unable to take advantage of a credit offset on their tax bill. With Labor almost certain to win the upcoming… Read More ›
Australia’s Sovereign Wealth Fund (future fund) 10 year investment results Portfolio update at 30 September 2018 - Future Fund grows to $148.8bn - 10-year return of 9.2% pa exceeds benchmark target of 6.5% pa - Exceeds benchmark return across all… Read More ›
I wrote a post “Ten Years of Telstra” nine months ago, pointing out that the giant telco was hovering near historic lows, and had been a proverbial dog from a consumer’s perspective. https://technicality.me/2018/04/19/ten-years-of-telstra/ Little has changed for shareholders since then…. Read More ›
10 year weekly candlestick chart for Admedus The chart above, supplied by Incredible Charts, shows an unrelenting decline in the share-price from a high of $1.80 soon after a 10 for 1 share consolidation, to a current wealth-destroying price of 6 cents for long-suffering shareholders. However,… Read More ›
We are only two trading weeks into the New Year, but it is worth noting that the 1000 point downturn of the XAO (from 6500 to 5500) is rebounding at present. The share index action has broken through the 6… Read More ›
Technically Speaking 