Tag Archives: asx200

Break Out!

Yesterday’s close on the share market has very important implications for investors and traders. At 5,036.9, the ASX200 is at its highest closing level since the GFC – the previous high point was 5,025.1, reached in April 2010. Recent market … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | 2 Comments

Australia 200 Index – How high could it go?

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

The market reaction to yesterday’s interest rate cut gives traders a big clue to the short term direction of the market. Lower rates are thought to support share prices, yet the share market FELL after the RBA decision. This suggests … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , | 6 Comments

Australia 200 and Santa Claus

You don’t have to believe in Santa Claus to receive Christmas gifts from the Australia 200 index. Solid fundamentals and investment metrics, share market pricing of risks I don’t believe will eventuate, and an improving global scenario point towards a … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , | 7 Comments

Wedge or Triangle? You decide – Aussie 200 Set for Hourly Breakout

As I said in the title, you could probably argue that this pattern is a wedge or a descending triangle. Happily though there is nothing to worry about because the profit target on the back of a breakout will be … Continue reading

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Short German 30 – Outright or vs Australia 200?

The resilience of the German 30 index (tracking the DAX) continues to amaze. Markets appear to think the German 30 will remain immune from woes in Europe. After a bearish reversal on Friday, the only question for me is whether … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | 7 Comments

Mystery Chart – Solved

This morning, a mystery chart was posted. If you haven’t already seen this post, read it here before you read on: http://blog.cmcmarkets.com.au/2012/06/13/mystery-chart-buy-or-sell/ Ok – what instrument is it? Is it a buy or sell?

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | 14 Comments

Oil and Copper – Buy Shares

Oil and copper are two key industrial inputs. Additionally, the growing presence of investors in commodity markets mean that they are a leading indicator of global sentiment around industrial production. At the moment they’re both saying the same thing – … Continue reading

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

Australia 200 – Oversold

Fear is back! Market wobbles emanating in Europe have knocked shares, commodities and risk currencies significantly lower. The question for traders and investors is whether falling markets have reached a price that reflects the risk of a disruptive event in … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , | 2 Comments

Copper Tells the Tale

Europe is once again dominating the headlines. The possibility that a new Greek government may reject the reform program required for financial support requires markets to increase the risk premium in prices – selling all risk assets. Is this likely to continue? … Continue reading

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