Tag Archives: asx 200

Australia 200 – Weekly Outlook

Posted on March 18, 2013 by Ric Spooner

This weekend’s news from Cyprus has opened up another front on the assault against the current uptrend. The question before traders is now whether history will see today’s trading as just another  red candle in the broad sideways movement that began on 20 Febuary … Continue reading →

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Australia 200 – Weekly Outlook

Posted on February 25, 2013 by Ric Spooner

At the close of trade last Thursday, most commentators were assuming that a correction was under way. By Friday afternoon giving the benefit of doubt to an established trend again seemed the safer strategy. Even so, Thursday’s 2.3% decline, on high volume could be an early warning of the … Continue reading →

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Australia 200 Index – 1,2,3

Posted on February 20, 2013 by michaelmccarthycmc

A strongly rising market presents two major problems for traders – one psychological, the other technical. Although we’ve all heard the saying “the trend is your friend” many times, getting on board when the market has already risen substantially is … Continue reading →

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Australia 200 Weekly Outlook

Posted on February 18, 2013 by Ric Spooner

In my outlook piece this week I discuss some thoughts on the technical outlook for the index and how this relates to the news calendar for the week ahead. 

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Australia 200 – Weekly Outlook.Telstra dividend yield and other matters

Posted on February 11, 2013 by Ric Spooner

The Index closed another 1% higher last week. By historical standards market valuations are by no means excessive. Even so, many investors who bought in recent months now have significant profits to protect and are, understandably, becoming trigger happy.  As the index tests technical resistance levels it continues … Continue reading →

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Australia 200 Index – How high could it go?

Posted on January 29, 2013 by Ric Spooner

As I write this blog on Tuesday afternoon, we are ending the sort of market day that’s become common recently – a solid move higher without any specific news trigger. The reason of course, is portfolio switching out of bonds and cash into equities as investors adjust to what looks like a lower risk environment. … Continue reading →

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Australia 200 – Correction Over – Break Out

Posted on December 12, 2012 by michaelmccarthycmc

In overnight trading the Australia 200 Index hit a new high for 2012. While the post-GFC proliferation of “false breaks” and overbought oscillators suggest caution, the primary evidence points to further gains before year end.

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Buy Growth – Seek, SMS

Posted on October 19, 2012 by michaelmccarthycmc

Share market sentiment appears to be entering the third phase of a bull market. Traditionally investors look for growth related stocks in this phase, and the recent rallies in resource and industrial stocks are also pointers to this shift in … Continue reading →

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Pairs for Performance

Posted on October 18, 2012 by michaelmccarthycmc

Professional investors watch the two largest sectors of the Australian share market very closely. Financial and Materials (largely miners) make up around two thirds of the value of all companies in the Australia 200 Index. The big picture view is … Continue reading →

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Australia 200 – reaches a key resistance but has “false break” potential

Posted on October 5, 2012 by Ric Spooner

The Australia 200 index arrived at a well established resistance line today. A break through the top of this would look bullish but there is an interesting Fibonacci cluster zone just above this resistance. These situations can often provide Fibonacci traders with … Continue reading →

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