The financial year 2016/7 had been a good year for investors in Australia’s four major banks until, or more accurately just before, Australia’s Treasurer Scott Morrison delivered the 2017 Budget on Tuesday May 9. The budget imposed a 0.06% levy… Read More ›
Disclaimer This post examines the present market standing of Australia’s leading Healthcare stock, CSL (Commonwealth Serums Laboratories) from a technical perspective. It should not be construed as constituting investment advice. Professional advisers should always be consulted for guidance specific to… Read More ›
“Shit happens” is a crude saying, but it sure rings true when it comes to investing in the stock-market. No matter how vigilant you may be, sooner or later you are likely to be caught unawares on the losing end of one… Read More ›
An article by Andrew Main, The Australian January 18, 2014 entitled ‘Selfies’ accused of distorting decisions on dividends, capital quotes a critical Credit Suisse Australia report by equity strategist Hasan Tevfik and analyst Damian Boey. http://www.theaustralian.comm.au/business/wealth/selfies-accused-of-distorting-decisions-on-dividends The accusation was made… Read More ›
Disclaimer This first post for 2014 looks at investment prospects for the coming year mostly from a technical perspective. The opinions expressed are those of one observer only based on the charts examined, and are therefore prone to observer bias and… Read More ›
FKP Property This 12 month Daily Chart, shows that in the last six months a strong impulsive move higher of the share-price has finally brought to an end three years of shareholder misery, as the share-price languished lower from $4.74… Read More ›
I have chosen to check the chart of FKP Property Group this week. I do not at present own shares in this company, but consider that from a technical analysis viewpoint, market sentiment is now more positive, after two and… Read More ›
Fibonacci and his numbers The Italian mathematician who came to be known as Fibonacci (from the Latin word filius for son, and his father’s name Bonacci) is credited with drawing attention to the series of numbers which bears his name. His… Read More ›
Technical analysis considerations (as at 01/06/13) Share-price has fallen from a high of $3.28 on February 19, 2013 to a low of $1.385 just over a week ago in the wake of expansion of its online interactive gaming business. $JIN is… Read More ›
The long-term perspective for the Aussie Market. Monthly chart, May 17 2013, of the XJO, (ASX200) Now that the XJO has penetrated and found support at the half-way mark (5000), the next hurdle, assuming bullish conditions continue, is the 61.8%… Read More ›
Technically Speaking 