Category Archives: Stocks

Top Ten’s Top Ten

Each month we look at the top ten performing accounts on the CMC platform. This helps management at CMC determine where our development and other resources are best deployed. However, there is a spin off benefit for traders – it’s … Continue reading

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Posted in Commodity, Forex, Gold, Market, Shares, Stocks, Trading | Tagged , , , , , | 4 Comments

Microsoft – Double Top Potential

I may be a bit early here, but with the US share markets looking a little shaky over the past week, Microsoft looks as though it might be a candidate for a double top set up.

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Bond Signals

Reading Ric’s post on Iron Ore from yesterday (click here) reminded me of the way in which markets can inform other markets. With concerns about the potential impact of the end of US Fed stimulus, it may be a good … Continue reading

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Posted in Bonds, Shares, Stocks, Trading | Tagged , , , | 1 Comment

Australia 200 Index – in the zone

Price action since February in the Australia 200 Index has done traders a favour by marking out clearly defined support and resistance. Although I don’t have a trade today, the release of Australian and Chinese data over the next few … Continue reading

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Apple Inc – Developing Head & Shoulder Pattern.

I posted details of a bullish 3 drives pattern in Apple on 24 April with a follow up on 3 May. Although the strategy discussed in that post is yet to reach its profit objective, Apple is starting to look as though it could be forming a bullish head and shoulder. … Continue reading

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Pairs to beat the index blues

In a post on Tuesday I noted how difficult it is to predict daily moves in the Australia 200 index at the moment. On cue, I was stopped out of a short trade very soon after entry. What’s a trader … Continue reading

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BHP – is there more upside?

Today BHP hit the profit objective for the head and shoulders buy strategy I posted on 6 May. When this happens, traders often ask  – should I be taking profits here or trying to run this trend further? This post covers some … Continue reading

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Morning Technical Notes – May 22

Today’s technical notes from our North American analyst, Colin Cieszynski: Asia Pacific indices Australia 200 continues to move into a sideways channel between 5,150 and 5,250. Next support on a breakdown could appears near 5,100 then 5,000.

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Posted in Commodity, Forex, Gold, Market, Shares, Stocks, Trading | Tagged , , , , | 2 Comments

Australia 200 – crossing the line

Daily moves of the Australian market are becoming more difficult to predict. Yesterday, the Australia 200 index showed surprising strength. Today, despite positive leads from energy and metal markets and only mild falls in the US, the market is down. … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , | 5 Comments

Banking Profits – Time for Action

Following bank reports over the last two weeks, the spectacular gains in bank share prices are under scrutiny. With ANZ already ex-dividend, and NAB and Westpac coming up this month, is it time to sell banks? Are there alternatives to … Continue reading

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Posted in Market, Shares, Stocks | 2 Comments