Tag: s&p/asx 200
Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
The US markets over the last week look just like the Aussie market did back on 22nd August when it broke higher from going sideways only to find it didn’t have any follow through before reversing. Will this week ahead confirm they are setting up in the same way?
Read more about Market Commentary – US and Australian Markets 26 Sept 2016
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...
US & Australian Market Commentary 25 July 2016 - Aussie market made the highest level for 2016 so far, how long will it stay bullish?
The Aussie market on the other hand did break higher above recent highs and made the highest level for 2016 so far. Because of this the picture is looking very different and a lot more Bullish at this point in time. However I believe it will all come back down to what the US markets do as to just how Bullish the Aussie market will be.
Australian and US Market Commentary 18 July 2016 – Will the new all-time highs in both S&P 500 and Dow Jones last?
New all-time highs in both the S&P 500 (2169.05) and the Dow Jones (18,557.43) were made on Friday after making new highs each day of the week. It took almost 14 months to surpass the previous all-time highs (2134.72 & 18,351.36) and even then we are only 1.6% & 1.1% above these levels.
Déjà vu is the phenomenon of having the strong sensation that an event or experience currently being experienced has already been experienced in the past. First we are a week after the Federal election and we still don’t know who is leading the country. Second this is ...