Tag: us stock market report
Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
Markets used to mainly move on the back of events like companies reporting etc, however what we have recently seen is that markets are …
The Aussie market looks like it is in the process of establishing a lower top. We reached the Fibonacci 61.8% retracement level (within 2 points) of the last swing down on ...
This chart which explains why the local market has been performing the way that it has over this year which is different to most of the recent years
Believe it or not in the last week we broke above 6000 for the first time in almost 9 years. Back in January 2008 was the last time the XJO…
There is a golden rule in the markets and it says that “after a lot of small range days we will get big range days and after a lot of big range days we will get small range days”.
On the Aussie market we got the largest daily move for a little while on Thursday and this was a down move which also happened to see the lowest levels since the June 8 bottom.
Read more about Australian and US Stock Market Report 25 Sep 17
“If you are going to buy a Bull then buy a young one”. This is a quote I will never forget and it was made by a person who I have respected for many years as her Charting Wisdom has been unparalleled.
Strong moves up and down yet we still really haven’t gone anywhere locally. We are still trapped inside the sideways trading range and it is looking like the US markets are joining us. A new all-time high on the Dow but not on the S&P 500 or the NASDAQ. This could be sector rotation from Tech stocks to your more old economy stocks like those you find in the Dow?
Read more about Stock Technical Analysis - US and Australian Stock Market Report
Friday was the end of the financial year here in Australia. We start the new week coming with a fresh start for a more promising year irrespective of how good or not so good it was. The XJO gained 488.1 points or 9.8% over last financial year but from a calendar basis we are up only 55.7 points or 1.0% and we are now half way through the year.
Just how much more does the CAC 40, which is the French stock market, along with the other European stock markets have in them if Macron wins? Will it be the typical buy the rumour and sell the fact, effect taking place?