Gold has again set a record high, having increased for five days in a row.  Last night it traded up into the $1506s per ounce – an all time high. The Aussie Dollar made huge gains after two weeks of consolidation. With a trading range of over 200 pips, it was the biggest move since [...]

G’day Traders, If you would like to listen to an audio recording of this Daily Update, please click here. “Australia’s Top Four Banks are on review by Moody’s – a sign our financial industry is on its last legs.” Sorry about the bad headline today, but on Australian news all we are hearing about is [...]

G’day Traders, Moves in the market last night just show us how much of an influence China has on the world markets. Overnight we have seen the Indices climb again, the 7th day straight, which is the longest series of gains for the Dow since July last year. Unusually, Gold continued its climb while indices [...]

G’day Traders, Some brief comments today. I said earlier that I thought too much money had been flowing into Emerging Markets over the past few months. What I meant by that was I thought the inflows didn’t take into account the extra risks. On Friday we also saw markets fall big time on Egypt and [...]

G’day Traders, In 2011 you may have heard I am a big fan of the yellow metal – Gold. However does that mean I am bullish mining stocks? We have all probably heard a lot of hype from Australian stock brokers about Australian Gold mining stocks. Why? Well the first thing is that the public [...]

G’day Traders, Gold continues to be a great investment reaching record highs – all because the USD is being devalued. Copper stockpiles are said to be extremely low, which supports further bullishness in emerging markets. One of the reasons I see for the moves in Commodities is an extension of the Bush tax cuts by [...]

G’day Traders, I can’t tell you enough how important preparation is when you have had a break from trading. For example, when you go back to work after a holiday it takes you a while to “get back into the groove”. However, with trading, you cannot afford this! Be smart – take the next couple [...]

G’day Traders, Well, we had another quiet day on Friday as the market prepares for Tuesday’s and Wednesday’s announcements. Some believe the results of the mid-terms, giving Republicans control of the House, would be a good outcome and see the markets rally. The market has always performed better when the President is a Democrat and [...]

G’day Traders, All the good figures and stimulus in the world isn’t getting corporations to invest. We keep hearing companies have lots of cash, but if they do and the economy is so great why aren’t they using that to invest and hire? Especially considering labor is so cheap with the high unemployment. There are [...]

G’day Traders, I am really excited today. First of all, it is really evident that Trade Now is now very popular. This is a good thing for clients (although I wish they would trade less in October) and it is a service that is really helping people trade Options. The other thing I am massively [...]