Never stop growing (part 2)
Following from the first 6 focus areas for growth that I listed down last week, this week I want to continue by giving you the last 5 of my focus areas. You cannot worry about or be scared of the outcome “Opportunities are clearer to me now that I am not scared of the outcome.” […]
Never stop growing (part 1)
In my younger days, after majoring in computer science and mathematics at a university in South Africa, I found myself, after a brief career on the technical side in mainframe computing, working as a sales rep for a large multi-national computer company selling mainframe computer solutions to corporate clients. I was earning a huge income […]
ASX200 Analysis
Friday 8th August’s fall of 74 points took the ASX200 back to a level that it was at some 9½ months ago. One could argue that the Australian bourse has marked time over this period. However no market marks time, it is always moving and in so doing provides invaluable information that provides clues on […]
CSL – time to lighten, or even sell
CSL Limited (ASX:CSL) is a $31.7 billion market capitalised company and is an ASX20 Index constituent. In fact, it is the 10th largest listed company in Australia by market cap and is the country’s largest listed Health stock and therefore would be a key holding in many managed funds and SMSF’s. From September 2011 to […]
Investing in Gold as a hedge against inflation (part 2)
Following on from last week’s topic of the fallacy of gold being a great inflationary hedge, this week I would like to take a look at the price of gold compared to the price of stocks. As we discussed last week, there are many in the investing community who believe that an investment in gold […]
Investing in Gold as a hedge against inflation (part 1)
This week I would like to explore the notion held by many investors, and economic theorists, that investing in gold is the ultimate store of value and a hedge against inflation, and that it is a ‘safe’ investment that will outperform shares over the long term. The argument put forward by the ‘gold bugs’ is […]
Worley Parsons back from exhaustion?
Worley Parsons (WOR) is a $4.5 billion market capitalised constituent of the ASX50 Index whose share price has been in a down trend for over three years. There are a number of technical patterns and events that have occurred over the last seven to eight months that are signalling a high probability set up for […]
A traders mental toolbox
When discussing the psychological skill set needed to be successful over the long term in trading and investing, comparisons are often made with various sports. This discussion usually centers around individual activities such as golf, triathlons, and other endurance activities that involve a combination of both physical and mental prowess. One team sport that has […]
NYSE Composite Index breaks out
An index that I have been keeping a close eye on for over a year now is the NYSE Composite Index. This index is one of the major indices in the United States but seldom gets quoted on the airwaves. It should. And once one understands why, maybe others will take a bit more notice […]
A$ continues to show strength
Since 28th May the Australian dollar (AUD) has continued to strengthen, rising from 92 cents to 94 cents. These two price zones represent important support and resistance areas and provide an insight into where the AUD might be headed in the short to medium term. There are many variables that drive the AUD and trying […]