Tag: australian market report
Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
“Everyone knows that the market is going to correct but nobody wants to believe it’s actually going to happen”. The current Bull market in the US started at the bottom of the GFC which was ...
It was the Winter Solstice last Wednesday (21st) which is a seasonal change and we can see how this affects the markets more times than not. June is the weakest month of the year seasonally however this is followed by July which is one of the two strongest months of the year (December the other) possibly because of the start of the new financial year here in Australia?
It was a big week for just 4 days thanks to the Queen’s Birthday holiday in most states last Monday.
As mentioned last week that what if the leaders, the stocks that were doing all the heavy lifting tripped or stumbled? This is what occurred on Friday and you can see the technical damage in the daily charts of the FANG stocks I have included in the Appendix below.
Read more about Australian & US Market Report - 12 June 17
US & Australian Market Commentary 08 August 2016 - The wider markets are not as strong as seen by the Russell 2000 index
There is a lot of indecision in the markets both locally and in the US currently. This could be an indication of changes taking place and it’s not just on the daily but also the weekly time frames. The larger US indices have risen but not all boats have risen with this tide over in the US. This is a sign that the strength...
Come Monday the Aussie market will have the result (if we have one yet) from the Federal election to digest.
Read more about Market Commentary – 04 July 2016 – Australia Election Edition
The Aussie market could be finalising its 5 week topping pattern, which could be confirmed as early as tomorrow. The US markets may have false broken high only to reverse and kick start the move back down...
Read more about Australian and US Market Commentary 13 June 2016 – A Bull Trap?
Just like the wild weather we have been seeing all along the eastern seaboard of Australia the markets have been swinging around wildly. So much so the S&P 500 and the Dow Jones look to be moving in different directions. One of them is leading and the other will follow but which one is which?