Shareswatch Australia

The 2013 Federal Budget, the Australian Economy and Gold

Greg Atkinson — Mon, 20 May 2013 04:19:28 +0000

The Australian 2013 Federal Budget failed yet again to prepare the Australian economy for the downturn in the commodities cycle. Meanwhile gold prices continue to fall and it is looking like the ultimate asset bubble has finally popped.

Commonwealth Bank and Rio Tinto – a shorter term trading strategy

Greg Atkinson — Fri, 10 May 2013 03:29:03 +0000

Shares in Commonwealth Bank (ASX:CBA) and Rio Tinto (ASX:RIO) may offer investors a shorter term trading opportunity whilst the outlook for global markets appears confused and uncertain. Also a review of the S&P/ASX 200 three month and six month candlestick charts.

A mixed market outlook and long term investing

Greg Atkinson — Tue, 30 Apr 2013 02:09:21 +0000

An overview of a long term investment strategy for the Australian stock market during times of an uncertain global economic outlook including a review of the ASX All Ordinaries Index chart from 1988 to 2013.

Tough times for Gold Prices, Mining Stocks & the ASX 200

Greg Atkinson — Thu, 18 Apr 2013 06:45:27 +0000

It has been quite a week with investors needing to digest the slump in gold prices and also the weakening of commodity prices as well. The gold bulls will pull out some of the usual stories about gold demand from India to try and calm themselves, but the reality is that if investors keep pulling funds out of gold ETF's and central banks offload gold we wll then gold prices will keep falling.

ASX Charts Review: S&P/ASX 200, All Ords Index, CBA, GOLD & TLS

Greg Atkinson — Mon, 08 Apr 2013 01:08:47 +0000

The Australian stock market appears poised to head lower this week and there are signs that the rally which started in the middle of 2012, is turning into a decent sized correction. Over the next week or so the key areas to watch will be the mining stocks, banking stocks and gold prices. But already if we look at some charts in these areas we can see a trend developing.

Gold versus S&P 500 – Where is the Value?

J.W. Jones — Sat, 30 Mar 2013 04:57:40 +0000

This past week we received the final 4th Quarter GDP number which came in at 0.39%. The total 4th Quarter growth was terrible, plain and simple. Based on the performance in the equity markets that we have seen thus far in the 1st Quarter of 2013 investors would expect strong GDP growth. However, the only thing spurring stock market growth is the constant humming of Ben Bernanke’s printing press.

What could be the next move for the ASX All Ordinaries Index?

Greg Atkinson — Wed, 27 Mar 2013 02:04:43 +0000

Since mid last year the Australian stock market has staged a fairly impressive rally with the ASX All Ordinaries Index moving from a decidedly bearish level of down near 4000 to a bull market level of just under 5200 points. But of late the market has slipped back which will worry some investors while others see this a simply a pause before the rally upwards continues.

The Australian economy: Are the charts half full or half empty?

Greg Atkinson — Thu, 14 Mar 2013 23:56:11 +0000

According to data released the other day, the Australian economy created around 70,000 positions recently which apparently is very good according to most economists. This is despite the fact that most of the jobs were part-time roles and I saw no breakdown regarding what type of jobs were created. That doesn't seem to matter, once the media and assorted experts say it's time to cheer then we are suppose to cheer.

A quick look at 52 week high and low stock prices: March 2013

Greg Atkinson — Wed, 06 Mar 2013 07:16:12 +0000

Since mid 2012 the Australian stock market has been on a roll with the ASX All Ords & S&P/ASX 200 both closing today above 5100 points as the bull market continues. A review of the 52 week stock prices for a range of ASX listed stocks including the Commonwealth Bank, Fairfax, Perpetual Limited and Australand.

Stockwatch: WorleyParsons Ltd (WOR)

David Dittman — Mon, 25 Feb 2013 14:54:46 +0000

WorleyParsons Ltd (ASX: WOR), in line with a recent theme, announced–on the same day it revealed results for the first half of fiscal 2013–a new contract award, this one to provide engineering services at the Fort Hills oil sands project. The work, which will begin immediately, will generate AUD140 million of revenue for WorleyParsons.

Gold and Silver Prices nearing Long Term Support

Chris Vermeulen — Fri, 22 Feb 2013 06:41:34 +0000

Gold and silver along with their related miners have been under a lot of selling pressure the last few months. Prices have fallen far enough to make most traders and investors start to panic and close out their long term positions which is a bullish signal in my opinion.

The ASX All Ordinaries March Towards 5000 – Been There, Done That

Greg Atkinson — Tue, 12 Feb 2013 01:43:20 +0000

Recently every move upwards the stock market takes, no matter how slight, is greeted with almost ecstatic cries of joy from many analysts, finance journalists and assorted market watchers. It's as if the ASX All Ordinaries was heading towards a new high and investors were being showered with money in the midst of a raging bull market that had no limits. Certainly there have been good returns of late for those investors who timed their entry into market almost perfectly, but for longer term investors it's more of case of here we go again.

Japan’s leaders must see the need for sustaining a fiscal Big Bang

Gregory Clark — Thu, 31 Jan 2013 23:09:26 +0000

With Japan’s stock market surging even before Prime Minister Shinzo Abe unveiled his plans for economic stimulus, we would have expected the usual anti-stimulus critics to be silent, at least for a while. But no. Already we hear the usual complaints — more printing of money, more public debt, more baramake (waste) and so on.

The Shareswatch Random Stocks Portfolio: January 2013

Greg Atkinson — Mon, 28 Jan 2013 04:57:36 +0000

A performance review of the Shareswatch Random Portfolio which is a randomly selected collection of shares from within the S&P/ASX 200. Included in the portfolio are ASX listed Woolworths (WOW), Arrium Limited (ARI), Coca-Cola Amatil Limited (CCL) and Platinum Asset Management (PTM).

Signs that a Correction Maybe Near in the SPX, RUT & DJIA

J.W. Jones — Wed, 23 Jan 2013 22:57:04 +0000

The number of U.S. stocks trading above their 50 period moving averages is reaching close to the highest levels in the past 5 years. Many times when these price levels have been reached we witness a correction at the very least and any short-term gains are usually given back in short order.

BHP Billiton, Commonwealth Bank, & Telstra 2012 Charts Review

Greg Atkinson — Tue, 15 Jan 2013 03:14:22 +0000

A review the 1 year performance of three ASX listed blue-chip stocks namely the Commonwealth Bank of Australia (ASX:CBA), BHP Billiton (ASX:BHP) and Telstra Corporation (ASX:TLS).

Australian stock market outlook & forecast for 2013

Greg Atkinson — Tue, 08 Jan 2013 09:07:33 +0000

Forecast and outlook for Australian share market for 2013. End of year prediction for the ASX All Ordinaries Index & S&P/ASX 200 Index plus a review of some major economic indicators such as the Baltic Dry Index & house prices.

ASX All Ordinaries Index 2012 charts review.

Greg Atkinson — Wed, 02 Jan 2013 04:54:43 +0000

In 2012 the Australian stock market finished the year higher with the ASX All Ordinaries Index posting a gain of around 12% to close at 4663.30 Although this gain was solid, overall the market is still below where it finished at the end of 2009 and a long way below the pre-GFC high of 2007.

U.S. Market Forecast – Tis The Season To Drink & Own Coffee

Chris Vermeulen — Sun, 30 Dec 2012 01:01:26 +0000

Lower coffee bean prices has helped lift share prices of coffee companies like Starbucks: SBUX, Coffee Holdings Co.: JVA, Coffee Roasters Inc.: GMCR, and PEET’s Coffee: PEET. But cheap coffee may not be around that much longer and the lower earnings for coffee brewers may be closer than most may think.

Will the S&P/ASX 200 continue to rally in 2012?

Greg Atkinson — Mon, 17 Dec 2012 08:00:32 +0000

Will the Australian S&P/ASX 200 enjoy a Santa Rally this year and continue to rise or are stocks about to slide back during a correction in the lead up to Christmas and the end of 2012?