G’day Traders, If you would like to listen to an audio recording of this Daily Update, please click here. The US stock market was strong again Friday and it’s a very good rally since September. The great thing about this is that it creates confidence and flows into the economy. Although, if you ask people [...]

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, If you would like to listen to an audio recording of today’s Daily Update, please click here. Well first of all our prayers are with all of you and your families who are affected by the flooding. I can’t believe what has happened in the past 24 hours. It seems one minute I [...]

G’day Traders, There was more bad news out of China overnight, but stocks moved higher and are now at their highest close since September 2008. Yes, I keep saying I am cautiously bullish, but advanced traders would look at long term charts and think “this is the level where stocks started crashing in 2008 from” [...]

G’day Traders, When you get a big news story like all this QE, the media takes hold of the main headlines and the markets react. No one actually listens or asks the right question – the right question would be “is it going to help”? My answer is no. You can’t do anything 50% and [...]

G’day Traders, In a week where we have seen critical news that is interpreted as ‘good’ for the markets – because the Republicans took control of the house and the Fed announced an extra $600 billion of quantitative easing – I wanted to pose the question – is it good for the markets long-term? Before [...]

G’day Traders, I had a quiet night at home last night and I left nothing on Twitter – there is nothing new there to read. It’s actually good to step back from the markets and breathe. I thought this morning I wouldn’t look at the markets I usually look at – so there will be [...]

G’day Traders, I have been dreading this update from the time I woke up Saturday to see the market had shot up. I know I need to put a positive spin on this because it is important you learn some really good lessons out of this. Last night I was flying back to the GC [...]

G’day Traders, Late last night (I am away in Lorne at a advisors conference) on Twitter I wrote that I thought the Fed would not ease. I thought this would confuse the markets as it could be interpreted that something was wrong. So they said the economy is slowing and they are ready to ease [...]

G’day Traders, Firstly, I have to say that many stockbrokers seem to have their heads in the sand. I recall late 2007 when the markets were already moving down. They said it would come back. I said move into safe, liquid assets like cash. Every stockbroker I have ever worked with has this idea that [...]