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 ›
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 ›
The first round of hearings of The Banking Royal Commission commenced on the13th March 2018 and in the 6 weeks since then it is finance management company AMP that has been more severely impacted by adverse revelations, than the big… Read More ›
CSL Limited has rarely disappointed retail shareholders with a simple buy and hold strategy, even when other stocks were being savaged as in the Global Financial Crisis (GFC). Yet the share-price trajectory of CSL is not always upwards. Inevitably… Read More ›
The Metastock chart below has been divided into four zones of price action by four perceived horizontal support/ resistance levels. Of the four, only zone 1 could be regarded as constituting a conventional trading zone with about 6 months of… Read More ›
The privatisation of Telstra was a financial bonanza for the Howard/ Costello government. The first tranche alone, selling 33% of the government’s telecommunications enterprises, raised A$14 billion for federal coffers. Presumably the total revenue raised topped $50 billion. Along with… Read More ›
Occasionally, retail investors may have the opportunity to be allocated shares through their broker, in a company about to be listed on the Australian Stock Exchange (ASX). The greatest attraction of taking up the offer is the opportunity to make… Read More ›
Eden Energy was incorporated in May 2004 as a wholly owned subsidiary of Tasman Resources, and subsequently in 2006, listed on the ASX with ownership of the Irish based energy company Brehon Energy, who was owner in turn of Brehon… Read More ›
Sacked former Director of Coles Myer, experienced retailer Solomon Lew, has been an observer whilst the re-floated Myer Limited has floundered, and destroyed the wealth of its backers. From $4.10 when floated, it has reached support at a low of… Read More ›
Technically Speaking 