How far can the Dow Jones go? Part 2
Following on from my previous blog, in the discussion with my fellow golfing member I told him that the great majority of investors in Australia are NOT active in the share market at the moment. Retail investor activity in the stock market is at multi-decade lows and retail investor sentiment towards shares is at the […]
How far can the Dow Jones go?
Recently I was asked by a fellow member at my golf club what the next 10 years might hold in store for an investor with a 10-year investing horizon. While the round of golf progressed we discussed this big-picture question and his quizzing helped me express a view that I probably wouldn’t have come up […]
Commodities, BHP & RIO – where to?
When conducting analysis to determine where resource stocks may be heading in the near to intermediate future, one of the main charts, amongst others, that I consult is the Continuous Commodity Index ($CCI). The CCI is a benchmark of performance for commodities prices. It is an equally weighted index using 17 commodity futures prices. Each […]
“Easy way to ride a hot market”
This week’s blog is a commentary on a recent AFR WEEKEND article that appeared under the Smart Money section entitled “Easy way to ride a hot market”. This same article can be read online under the title “How to make the most of the market’s upswing? . It is one of the better newspaper articles […]
And they’re racing…
It is Spring Carnival time in Melbourne and the horses have come to town. It’s a great time of year where the Champagne flows and much fun is had. The fashion, beauty and food industries look forward to a well deserved boost but the big winners from Spring Carnival are the bookies. While punters hit […]
The history making event happened! Now what?
In February this year, I wrote one of my most well-read and distributed blogs entitled “History Making Event on the Horizon”. Feel free to read it again right now. The event discussed was the potential breakout by the S&P500 of a 13+ year range to a new all-time high thus potentially signalling: the end of […]
USA Debt Ceiling
Unless you are living under a rock you would be aware of this event. The media has megaphoned it to all the corners of the globe and in the process magnified it above all other news. As the saying goes: “Bad news sells!” Or rather in this case, the potential of bad news. Is it […]
Reading Tea Leaves – Follow up on those 2 charts
A month ago I looked at the hard right-hand edge of two charts in which a symmetrical triangle had occurred following a SPA3 entry signal, viz. INPH and ARWR. These are examples of real money trades that I entered in our publicly traded real money SPA3 NASDAQ Portfolio. The entries were triggered by SPA3 entry […]
Directional Trading
Once in a while I select a comment from the blog that I think all bloggers will gain benefit from. This week I have chosen a comment left by Don. Last time I looked SPA3 didn’t make any investments in falling markets thereby missing out on profit opportunity. Response to comment by Don: Let’s firstly […]
Loss trades are a Guarantee
One of the realities of trading and investing in the share market is that we WILL suffer losses. Not every trade we place will make a profit, and many will actually be losers. It is this fact that we have to come to grips with and be able to fully acknowledge and understand to be […]