A hung parliament
For the first (oops, second) time in our history, we have a hung parliament. Under a parliamentary system of government, a hung parliament occurs when no political party has an absolute majority of seats. Resolving a hung parliament will usually result in a minority government forming a coalition, with independents or other smaller parties to […]
How low can the All Ords go?
This week I have moved away from psychology training as I feel that it is important to add my commentary on the current market conditions. I’m not one to normally predict the direction of the market. To be honest I don’t get caught up in the economic noise or the negative press articles on the […]
Current market conditions
Over the past few months Australian traders and investors have witnessed a divergence between the All Ords and the Dow Jones Index. Whilst this ‘de-coupling’ has been going on for some time with the USA indices rising by more than the ALL-ORDS, only recently has it had a negative impact on Australian sharemarket investors. The […]
Tiger Woods and the GFC
I read an interesting article in the New York Times recently on the rise and fall of Tiger Woods and comparing this with the rise and fall of certain sections of the financial industry in relation to the Global Financial Crisis. Much is often made of the similarities between the psychological aspects of sport and […]
Has anything changed?
Please let me start this Blog topic by declaring that by no means am I a qualified economist. But I feel compelled to add my two cents worth on a recent email doing the rounds that originated from Ross Greenwood. The numbers and statistics quoted in the email below are staggering and you have to […]
Reflections on 2009 and a plan for 2010
After a well earned break following a busy year, we are now back to business in 2010. As the year ahead begins to unfold I would like to take this opportunity to reflect on the events of 2009 and how this may help us with our trading plan this year. The first few months of […]
An interview with well known author and trader Kel Butcher
In this weeks blog I interview author, trader and traders mentor Kel Butcher. Kel started his trading journey way back in 1989 and has been involved in the markets for just on 20 years. Kel is the author of A Step-by-step guide to buying and selling shares Online and 20 Most Common Trading Mistakes and […]
How much is too much??
Following on from last week’s blog on the Storm Financial debacle I thought this week we could take a look at an issue that irks me and fellow independent traders and investors – the issue of the fee’s charged by fund managers and financial planners. As many of you are well aware these fee based […]
General Market Overview
It’s now been two weeks since SPA3 generated a Low Market Risk signal on the Australian market . For users of the SPA3 system this indicates they can increase their position sizing for new buy signals on individual stocks. However, there are absolutely no guarantees that the market will remain low risk, and may indeed […]
Reflections on 2008 and a plan for 2009
2008 will long be remembered by traders and investors alike for a variety of reasons, both good and bad. For the educated and prepared ones 2008 either turned out relatively OK if they reduced the exposure of their long positions and went mainly to cash, or for a small percentage, absolutely wonderful if they were […]