Are Stocks in BIG Trouble?
G’day Traders, What a great morning of sunshine on the GC after a couple of horrible days. For the markets though I don’t think the weather will clear and that is exceptionally good for us. Firstly, when there is a significant shift in sentiment this means opportunities. Yesterday I wrote that I don’t think stocks [...]
Stocks fail to hold key levels
G’day Traders, This morning I was feeling a bit slack – just like the markets I guess. With the positive spin everyone was putting on the re-floating of the Chinese currency yesterday, to see it start strongly, then fall and finish lower shows me the market is running out of energy. When positive news can’t [...]
A bit of a nothing day…
G’day, Today I got up nice and early – it’s a beautiful day. Nothing happened in the US overnight and I am not concerned. Why? Well sometimes you just have to be patient – the markets don’t have to do anything. Sometimes you need to rest before you can make a big move and the [...]
Want to know one reason why being involved in long equities (stocks or shares) is really risky right now?
Good Morning, This morning on the Gold Coast it is a really beautiful Winter’s day. Yes, 14 degrees in the morning is winter. Tonight I am making my second short trip for the week, this time down to Sydney. Watching the footy last night it looks miserable down there. Want to know one reason why [...]
Is the Australian stock market the dumbest market in the world?
Well that’s a pretty strong statement, but I don’t think yesterday helped with fund managers jumping in to buy ‘undervalued’ stocks Good Morning, This morning I woke up in Adelaide. Shock horror – it started raining when I came in last night. I had a great steak, unbelievably good wine, one of the best coffees [...]
