Category: Share Trading
Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
Looking at the 33 years in question, we have 2 years which went sideways (1987 & 2008), another 3 years which went down (1990, 2007 & 2011), while the other 28 years went up. This provides us with an 84.8% chance that 2015 will see the market ...
Friday the 13th is known to be an unlucky day and if you were long the market then it was an unlucky day. This ties in with what the markets did over the last week, with the US markets playing catch up (down) with our local market. BHP was a stand out last week, so I have included it in this week’s market commentary along with why, at times, markets move stocks, as compared to stocks moving markets.
Read more about Australian Share Market Today - XJO Commentary 16 Nov 15
The markets have been at the “Cross Roads” recently and two different paths have been taken. The US markets took one path and moved up over the last week however the XJO took the other path and moved down. Will these paths cross once more before the year is out, and if so, will it be one or both coming to meet the other?
Interview with Michael Heffernan, PhillipCapital on Sky Business News, 5 Nov 2015. Heffernan says the market has been miserable today much like Melbourne's weather. He says our market is good value and our economy is okay, but despite all that we are watching what is happening in the US...
Read more about Australian Share Market Today - CSL Shares & Brambles Shares
Australian Market (XJO) Daily – 5239.4 – 30.10.15. Monday was an up day, reaching just 10 points higher than Friday before closing just below the open and forming a Doji. Doji’s are a sign of indecision and potential reversals (that is if they are in the correct position in a trend, such as at the end of it). This was confirmed on Tuesday, which was a down day.
Read more about ASX XJO Commentary 02-11-2015 - Australian Share Market News
Australian Market (XJO) Daily – 5351.6 – 23.10.15. For the second week in a row Monday was an inside day, but this time forming a Doji. It was Tuesday that confirmed a down day and the potential third top of the Triple Top mentioned last week. Wednesday was another down day, retracing more than 75% of the small previous up range (but not going below 5164) before closing above the open but down from the high of the day and looking like a reversal.
Read more about Australian and US Market Commentary
This weekend saw another titanic battle and that was the battle for the mountain (Mount Panorama). After the last couple of years with Ford dominating, Holden managed to get the top spot this year. However it wasn’t clear sailing as it has all the ups and downs of a trader in the current market. The thrills and spills and the hits and misses that we find each day navigating the markets. The highest highs and the lowest lows you will find in both motor racing and the market. To see who is leading the race between the Bulls and the Bears please find attached a summary of this week’s Market Commentary looking at the Australian and US markets.
Australian Market ASX XJO. We made a low on Monday (4973.4) before rallying hard for two days, reaching 5221.1 and gaining 247.7 points or 5.0%. I have spoken in previous reports about expecting volatility in our market, and this is a perfect example of that. If this wasn’t enough to convince you about expecting volatility in our market, we then fell for the next two days, dropping 167.4 points or 3.2% to round out the week. That’s a move of 8.2% up and back for the week from Monday’s low.
Read more about Australian Market XJO - Commentary