Author Archives
I studied at Adelaide Boys' High School, and the University of Adelaide, Medical School. graduating in 1961. My field of specialisation was Plastic and Reconstructive Surgery. Prior to establishing my practice in Adelaide, I spent 5 years working in India, and Papua-New Guinea, in the field of reconstructive surgery for leprosy.
In retirement I joined the Australian Technical Analyst Association and passed the two examinations for a Diploma inTechnical Analysis, and the designation Certified Financial Technician (CFTe) by the International Federation of Technical Analysts.
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Is another market meltdown looming?
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 ›
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AGL’s accelerated decarbonization plan impacts 1H 2022/3 profit result.
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 ›
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Are there headwinds just ahead for the Aussie stock market?
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 ›
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Is it a good time for retirees to buy Wesfarmers?
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 ›
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Improve your decision making with multiple technical tools
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Improve your decision making with multiple technical tools
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 ›
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Should aged pensioners hold shares?
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 ›
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How I display fluctuations in significant technical market sentiment signals.
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 ›
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CSL – a reliable performer for retirees
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 ›
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XAO Index on course to test resistance at 6500
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 