Tag Archives: australian banks

Commonwealth Bank – a chartist’s point of view.

CBA will announce its results next week, having rallied 19.5% from the low in late May. From a technical analyst’s point of view, the CBA chart caught my eye as one showing the early signs of a potential reversal set up.  This situation … Continue reading

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Australian banks – Candlestick formations a pointer to early entry on reversal set ups

Westpac and CBA both finished with candlestick reversal patterns yesterday. In the case of CBA, this coincides with a test of the 200 day moving average. At this stage, Westpac has the distinct look of a chart that could provied … Continue reading

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Macquarie Group – Potential Buy Set Up

The chart of major Australian Investment Bank has in recent weeks made a sharp rally out of what looks like a typical basing or “accumulation” pattern. Over the past 2 weeks price has hesitated around the 27.50 level and in … Continue reading

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The Cost of Sitting on the Sideline – Investors

Falls in markets and increased volatility over the last three months have left many investors sidelined. Some are waiting for markets to calm down before taking action. However, these unusual markets offer unusual opportunities as well as heightened risks,

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Investor Alert – Bank Dividend Yields Update

The share market argument continues – analysis at the company level (at least in Australia) shows balance sheets in good order and solid earnings momentum. However, share prices are depressed by concerns about global growth, with many commentators suggesting the … Continue reading

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Investor Alert – Australian Bank Dividend Yields

The sell-off in global share markets has pushed a number of stocks and sectors into “value” territory.  While investors use different metrics to gauge value, one measure of the usefulness of a stock to an investor is the dividend yield.

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