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  • Weekly Market Wrap: Traders Cautious While Awaiting Greek Bailout Resolve | Online Stockmarket Trading Update
    Companies are forecasting a tough 2012 particularly in the first half year The bears are winning the battle for control of our market this week and trading volumes continue to steadily improve The ABS surprised this week reporting the unemployment figures dropped to 5 1 Financials were in focus with the majors increasing interest despite the RBA keeping rates on hold CBA and Westpac reported results and took the opportunity to justify their out of cycle rate increases and warned of further jobs losses in the sector The concerning theme out of the bank results was the anemic credit growth as retail banking is struggling with rising funding costs while provisions and impairments are at record lows as the economy continues to slow The Aussie market dropped below its 50 day moving averages for the first time in two months On the S P ASX 200 the 4180 level is the key pivot level and if this can hold the market could to be setting up for an assault on the 4320 level near term but if this level gives way the next support level will be 4080 This week we found support around the 4180 level but we are now trading below the 13 day moving average which sits around 4240 Many of the S P ASX sectors are trading below their 150 day moving averages MAs with the exception of Telecoms Industrials and Utilities The Energy sector is holding up as crude oil prices hold around the US100 level The dividend season is underway so you can look to boost your yields through options strategies The MDS Financial Advisory Services team can help with these trades Call me on 1300 610 024 for further information Investors should also be looking to utilise options strategies to protect their positions as options are a relatively cheap form of insurance given the falling volatility of late Keep an eye on the Aussie reporting season and remain attuned to the news from overseas particularly from the eurozone Greece and China in relation to easing policies and the US with its earnings season Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4201 and is only just holding above the key medium term pivot support level around 4180 Key levels for the index next week will be 4150 and 4250 with 4180 the key pivot level By Michael Hevern MDS Trading Desk Authorised Representative 417348 MDS Financial Services Pty Ltd AFSL 333298 For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research This report was prepared by Michael Hevern It represents the views and opinions of the author It is not intended for use by any third party without the approval of Michael Hevern While this report is based on information from sources which are considered reliable its accuracy and completeness cannot be guaranteed Any

    Original URL path: http://blog.traderdealer.com.au/2012/02/17/weekly-market-wrap-traders-cautious-while-awaiting-greek-bailout-resolve/ (2013-02-02)
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  • Company Reporting | Online Stockmarket Trading Update
    into 2012 banks are struggling to achieve growth in the current environment and miners are cashed up but earnings have been tempered by delays due to weather events and their CAPEX budgets are expanding in the next few years Companies are forecasting a tough 2012 particularly in the first half year The bears are winning the battle for control of our market this week and trading volumes continue to steadily improve The ABS surprised this week reporting the unemployment figures dropped to 5 1 Financials were in focus with the majors increasing interest despite the RBA keeping rates on hold CBA and Westpac reported results and took the opportunity to justify their out of cycle rate increases and warned of further jobs losses in the sector The concerning theme out of the bank results was the anemic credit growth as retail banking is struggling with rising funding costs while provisions and impairments are at record lows as the economy continues to slow The Aussie market dropped below its 50 day moving averages for the first time in two months On the S P ASX 200 the 4180 level is the key pivot level and if this can hold the market could to be setting up for an assault on the 4320 level near term but if this level gives way the next support level will be 4080 This week we found support around the 4180 level but we are now trading below the 13 day moving average which sits around 4240 Many of the S P ASX sectors are trading below their 150 day moving averages MAs with the exception of Telecoms Industrials and Utilities The Energy sector is holding up as crude oil prices hold around the US100 level The dividend season is underway so you can look to boost your yields through options strategies The MDS Financial Advisory Services team can help with these trades Call me on 1300 610 024 for further information Investors should also be looking to utilise options strategies to protect their positions as options are a relatively cheap form of insurance given the falling volatility of late Keep an eye on the Aussie reporting season and remain attuned to the news from overseas particularly from the eurozone Greece and China in relation to easing policies and the US with its earnings season Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4201 and is only just holding above the key medium term pivot support level around 4180 Key levels for the index next week will be 4150 and 4250 with 4180 the key pivot level By Michael Hevern MDS Trading Desk Authorised Representative 417348 MDS Financial Services Pty Ltd AFSL 333298 For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research This report was prepared by Michael Hevern It represents the views and opinions of

    Original URL path: http://blog.traderdealer.com.au/tag/company-reporting/ (2013-02-02)
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  • Sp/asx 200 | Online Stockmarket Trading Update
    sovereign debt ratings including those of Spain Italy and Portugal and cut its outlook on AAA rated France Austria and the U K Also weighing on the mood was the S P downgrade of 34 of the 37 Italian banks it covers highlighting their issues with sovereign debt European markets are holding up well this week despite news overnight that the Greek debt deal was still not finalised Greece needs a EUR130 billion loan tranche before its March 20 bond redemption payment becomes due to avoid default Across the region financials have been weighing on sentiment due to the prospect of further downgrades for the eurozone banks The Moody s Investors Service has placed the ratings of 114 financial institutions in the eurozone countries on review for possible downgrade pointing to the banking system s vulnerability to the euro zone sovereign debt crisis In the US the three major markets are all around 3 year highs as domestic economic data continues to surprise to the upside Positive employment data has boosted momentum and the tech heavy Nasdaq is still outperforming up 16 since its December lows and up 26 from its October lows US traders are choosing to focus on the domestic economy while keeping one eye on the developments in Greece Expect a pop if and when the Greek debt deal gets resolved but this may be an opportunity to lighten up especially if trading volumes fail to pick up on any breakout Asian stock markets have been holding up as well In Japan the Nikkei Stock Average rose after the Bank of Japan surprised the market by expanding its asset purchase program The Hong Kong market is breaking to 6 month highs In China the market is holding at 2 month highs despite the central bank saying in its quarterly monetary policy report that the country still faces the risk of slower growth and higher inflation and that it must continue to guard against inflation risks Financials have been under pressure and growth sensitive resource stocks have also eased In Australia the earnings season heated up this week with the general themes being retailers are struggling and expecting consumer confidence to deteriorate into 2012 banks are struggling to achieve growth in the current environment and miners are cashed up but earnings have been tempered by delays due to weather events and their CAPEX budgets are expanding in the next few years Companies are forecasting a tough 2012 particularly in the first half year The bears are winning the battle for control of our market this week and trading volumes continue to steadily improve The ABS surprised this week reporting the unemployment figures dropped to 5 1 Financials were in focus with the majors increasing interest despite the RBA keeping rates on hold CBA and Westpac reported results and took the opportunity to justify their out of cycle rate increases and warned of further jobs losses in the sector The concerning theme out of the bank results was the anemic credit growth as retail banking is struggling with rising funding costs while provisions and impairments are at record lows as the economy continues to slow The Aussie market dropped below its 50 day moving averages for the first time in two months On the S P ASX 200 the 4180 level is the key pivot level and if this can hold the market could to be setting up for an assault on the 4320 level near term but if this level gives way the next support level will be 4080 This week we found support around the 4180 level but we are now trading below the 13 day moving average which sits around 4240 Many of the S P ASX sectors are trading below their 150 day moving averages MAs with the exception of Telecoms Industrials and Utilities The Energy sector is holding up as crude oil prices hold around the US100 level The dividend season is underway so you can look to boost your yields through options strategies The MDS Financial Advisory Services team can help with these trades Call me on 1300 610 024 for further information Investors should also be looking to utilise options strategies to protect their positions as options are a relatively cheap form of insurance given the falling volatility of late Keep an eye on the Aussie reporting season and remain attuned to the news from overseas particularly from the eurozone Greece and China in relation to easing policies and the US with its earnings season Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4201 and is only just holding above the key medium term pivot support level around 4180 Key levels for the index next week will be 4150 and 4250 with 4180 the key pivot level By Michael Hevern MDS Trading Desk Authorised Representative 417348 MDS Financial Services Pty Ltd AFSL 333298 For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research This report was prepared by Michael Hevern It represents the views and opinions of the author It is not intended for use by any third party without the approval of Michael Hevern While this report is based on information from sources which are considered reliable its accuracy and completeness cannot be guaranteed Any opinions expressed reflect my judgment at this date and are subject to change Contracting Hevern Pty Ltd is a Corporate Authorised Representative No 408868 of MDS Financial Services Pty Limited ABN 28 088 190 283 AFSL No 333298 MDS and Michael Hevern has been appointed as an Authorised Representative of Contracting Hevern Pty Ltd Opinions conclusions and other information expressed in this report are not given or endorsed by MDS Financial Services Pty Ltd unless otherwise indicated The information contained in this Report is General Advice only as the information or advice given does not take into

    Original URL path: http://blog.traderdealer.com.au/tag/spasx-200/ (2013-02-02)
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  • Weekly Market Wrap: Global Markets Melt-Up As Greek Bailout Nears Completion | Online Stockmarket Trading Update
    Chinese CPI figures surprised to the upside up at 4 5 above the expected 4 which could mean the government will postpone any monetary easing near term This report comes close on the heels of last week s report that showed Chinese manufacturing activity figures were better than expected with the PMI at 50 5 in January The Chinese market is at 2 month highs The Aussie market is building for a sharp move as it has been bouncing between its 50 and 200 day moving averages MAs for the past month On the S P ASX 200 the 4180 level is the key pivot support level and as long as this holds the market looks to be setting up for an assault on the 4320 level near term The reporting season so far has not produced many surprises with results pretty much in line and forecasts of a tough 2012 The surprise news from the RBA to leave interest rates on hold is a vote of confidence for the Aussie economy near term This week we again found support around the 4200 level and we are now trading above the 13 day moving average which sits around 4230 Many of the S P ASX sectors are testing their 150 day moving averages near term The Energy sector has broken through as crude oil prices hold around the US100 level We are seeing a rotation out of the defensive sectors such as Utilities Consumer Staples and Health Care while Consumer Discretionary continues to underperform The Materials and Financials sectors are consolidating near term The dividend season is underway so you can look to boost your yields through options strategies The MDS Financial Advisory Services team can help with these trades Call me on 1300 610 024 for further information Investors should also be looking to utilise options strategies to protect their positions as options are a relatively cheap form of insurance given the falling volatility of late Keep an eye on the Aussie reporting season and remain attuned to the news from overseas particularly from the eurozone Greece and China in relation to easing policies and the US with their earnings season Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4277 and is holding above the key medium term pivot support level around 4180 Key levels for the index next week will be 4180 and 4320 with 4250 the key pivot level By Michael Hevern MDS Trading Desk For daily Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research Tags ASX earnings season eurozone markets RBA S P ASX 200 US markets Weekly Market Wrap Stock Market Analysis Greek Bailout A Step Closer Hedging With a Bear Put Spread Part 8 of Options Trading for All Types of Market Environments This entry was posted on Friday February 10th 2012 at 1

    Original URL path: http://blog.traderdealer.com.au/2012/02/10/weekly-market-wrap-global-markets-melt-up-as-greek-bailout-nears-completion/ (2013-02-02)
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  • S&P ASX 200 | Online Stockmarket Trading Update
    looking to close higher for a seventh week out of the past nine On the S P ASX 200 the 4180 level is the key support level and it has held once again as the market looks to be setting up for an assault on the 4320 level near term This week we again found support around the 4180 level but we are now trading at the 200 day moving average which sits around 4305 A number of the S P ASX sectors are trading above their 150 day moving averages including Energy Consumer Discretionary Technology and Industrials and their appears to be some rotation out of the more defensive sectors like Utilities and Telecoms while the Materials and Financials are testing overhead resistance and would need to break through for the market to punch through the 4300 level The dividend season rolls on so you can look to boost your yields through options strategies The MDS Financial Advisory Services team can help with these trades Call me on 1300 610 024 for further information Investors should also be looking to utilise options strategies to protect their positions as options are a relatively cheap form of insurance given the falling volatility of late Keep an eye on the Aussie reporting season and the political situation and remain attuned to the news from overseas particularly from the eurozone and China in relation to easing policies and the US as their markets hover around multi year highs Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4271 and is holding above the key medium term support level around 4180 Key levels for the index next week will be 4220 and 4320 with 4250 the key pivot level For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research By Michael Hevern MDS Trading Desk This report was prepared by Michael Hevern It represents the views and opinions of the author It is not intended for use by any third party without the approval of Michael Hevern While this report is based on information from sources which are considered reliable its accuracy and completeness cannot be guaranteed Any opinions expressed reflect my judgment at this date and are subject to change Contracting Hevern Pty Ltd is a Corporate Authorised Representative No 408868 of MDS Financial Services Pty Limited ABN 28 088 190 283 AFSL No 333298 MDS and Michael Hevern has been appointed as an Authorised Representative of Contracting Hevern Pty Ltd Opinions conclusions and other information expressed in this report are not given or endorsed by MDS Financial Services Pty Ltd unless otherwise indicated The information contained in this Report is General Advice only as the information or advice given does not take into account your particular objectives financial situation or needs Tags Asian Markets ASX News commodities prices eurozone debt Greek Debt market analysis S P ASX 200 US markets Posted in Stock Market Analysis No Comments Weekly Market Wrap Global Markets Melt Up As Greek Bailout Nears Completion Friday February 10th 2012 The Aussie market looks to be setting up for another assault on the 4300 level as the earnings season gets underway and the RBA surprises by leaving interest rates on hold The earnings season heated up this week with stocks like RIO BHP NAB Newscorp and Telstra posting results Of the 25 S P ASX 200 stocks that have already reported a quarter have beaten forecasts and around a half have reported in line This seems to be an underlying trend as analysts would have backed their expectations prior to the reporting season Most companies are forecasting a tough 2012 particularly in the first half of the year The bulls are winning the battle for control of the market as we progress into February and trading volumes continue to steadily improve February is a busy time for Aussie income investors with the reporting season and many stocks will be going ex dividend in the next month The US markets took the cue of the upbeat monthly unemployment reading now down to 8 3 and continued their melt up Additionally the reporting season surprises remain to the upside particularly in technology and industrials sectors The tech heavy Nasdaq has held onto its gains which leaves the index at the highest level since 2001 while the Dow Jones and the S P 500 indices are at their highest levels since mid 2008 European markets are also continuing to melt up with the European Stoxx 600 index holding at 6 month highs The London FTSE is outperforming as it approaches 2 year highs while the German market is at 6 month highs The focus in the eurozone has been on the Greek bailout negotiations where overnight there was progress with Greek political leaders reaching an agreement on key austerity measures Also the European Central Bank announced that collateral rules will be relaxed for institutions trying to access cheap money from the ECB Elsewhere a number of central banks have met with the ECB keeping key rates unchanged as expected while the Bank of England said it would increase its asset purchase program by an additional GBP50 billion designed to combat a weak near term growth outlook Asian markets have held on to recent gains China has again been in focus as Chinese CPI figures surprised to the upside up at 4 5 above the expected 4 which could mean the government will postpone any monetary easing near term This report comes close on the heels of last week s report that showed Chinese manufacturing activity figures were better than expected with the PMI at 50 5 in January The Chinese market is at 2 month highs The Aussie market is building for a sharp move as it has been bouncing between its 50 and 200 day moving averages MAs for the past month On the S P ASX 200 the 4180 level is the key pivot support level and as long as this holds the market looks to be setting up for an assault on the 4320 level near term The reporting season so far has not produced many surprises with results pretty much in line and forecasts of a tough 2012 The surprise news from the RBA to leave interest rates on hold is a vote of confidence for the Aussie economy near term This week we again found support around the 4200 level and we are now trading above the 13 day moving average which sits around 4230 Many of the S P ASX sectors are testing their 150 day moving averages near term The Energy sector has broken through as crude oil prices hold around the US100 level We are seeing a rotation out of the defensive sectors such as Utilities Consumer Staples and Health Care while Consumer Discretionary continues to underperform The Materials and Financials sectors are consolidating near term The dividend season is underway so you can look to boost your yields through options strategies The MDS Financial Advisory Services team can help with these trades Call me on 1300 610 024 for further information Investors should also be looking to utilise options strategies to protect their positions as options are a relatively cheap form of insurance given the falling volatility of late Keep an eye on the Aussie reporting season and remain attuned to the news from overseas particularly from the eurozone Greece and China in relation to easing policies and the US with their earnings season Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4277 and is holding above the key medium term pivot support level around 4180 Key levels for the index next week will be 4180 and 4320 with 4250 the key pivot level By Michael Hevern MDS Trading Desk For daily Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research Tags ASX earnings season eurozone markets RBA S P ASX 200 US markets Weekly Market Wrap Posted in Stock Market Analysis No Comments Market Wrap Market Melt up Continues Wednesday January 25th 2012 The Aussie market continues to melt up rising over 5 percent from the start of 2012 and volatility is contracting as investors appear to be comfortable with the current state of the market The bulls remain in control and trading volumes have been steadily improving throughout the month The US markets are set to have their best January since 1997 and their reporting season continues to beat expectations Financials are having a particularly stellar run and even home builders are joining in this bullish move and are up 50 percent in the past 3 months Globally investor sentiment has been boosted by successful eurozone bond auctions with borrowing costs pulling back despite the recent S P downgrade of eurozone nations and the EFSF bailout fund However the views for 2012 growth from the World Bank and the IMF have been ratcheted down with the IMF suggesting that if the eurozone does not resolve its debt issues the global economy could be in for a 1930 s moment Greece has been the focus in the eurozone this week The European leaders and Greek bondholders are still in negotiations over the Greek bailout where Greece has to write down the country s debt by EUR100 billion A resolution is essential as Greece must repay EUR14 5 billion of maturing debt in March to avoid a default Commodities have had another good week with copper outperforming up over 12 and gold is up 7 for the year Iron ore and energy stocks have also jumped into the New Year Many Asian markets are closed this week for the Lunar New Year The Aussie market has once again found medium term support around the 4000 level and appears to be setting up for a retest of the multi month highs around 4350 This week we found support around the 4100 level and we are now trading above the 50 day moving average which sits around 4150 Many of the S P ASX sectors are looking to test their 150 day moving averages MAs near term which could give some pause as these levels have held prices in check for the past six months The Telecoms and Utilities sectors are in sustained uptrends while the Financials and Industrials sectors look set to break into a new uptrend The next dividend season begins in February so you can look to boost your yields through options strategies Last week we highlighted Toll Holdings for a dividend yield play and the stock is now up 10 in 5 days The MDS Financial Advisory Services team can help with these trades Call me on 1300 610 024 for further information Investors should also be looking to utilise options strategies to protect their positions as options are a relatively cheap form of insurance given the falling volatility of late Remain attuned to the news from overseas particularly from the eurozone Greece and China in relation to easing policies and the US with their earnings season Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 is melting up with the index currently trading at 4254 and above the key pivot level around 4180 Key levels for the index next week will be 4180 and 4320 with 4230 the key pivot level By Michael Hevern MDS Trading Desk For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research Tags ASX Commodities eurozone debt IMF market wrap S P ASX 200 Stock Market Analysis US markets Posted in Stock Market Analysis No Comments Weekly Market Wrap Strong Start To The New Year Friday January 20th 2012 The Aussie market has started the year with some gusto rising nearly 5 percent from the start of 2012 The US has provided positive leads as their reporting season gets underway and there s been an absence of any real surprises out of the eurozone Investor sentiment has been boosted by successful eurozone bond auctions with borrowing costs pulling back despite the recent S P downgrade of eurozone nations and the EFSF bailout fund The ECB is reported to be seeking up to US1 trillion in additional funds to boost financial assistance to the European financial system In the US there is talk of QE3 in this presidential election year and the earnings season has started off well with most companies beating downgraded earnings forecasts Commodities have also had a good start to the year with copper outperforming gaining over 10 for the year Iron ore and energy stocks have also jumped into 2012 The Aussie market has once again found support around the 4000 level and appears to be setting up for a retest of the multi month highs around 4350 Once again we found support around the 4050 level and we re now trading above the 50 day moving average which sits around 4150 The bulls continue to control the market and trading volumes are steadily improving The calendar year has started off positively led by the US investors as their earnings season gets going US financials have had an amazing start to the year with some of the major banking shares up over 20 percent and even the home builders are joining in this bullish move Local investors should be aware that the Chinese market is closed next week for the Lunar New Year and that many of the S P ASX sectors are looking to test their 150 day moving averages near term which could give some pause as these levels have held prices in check for the past six months The Telecoms and Utilities sectors are in sustained uptrends and the Industrials sector is just breaking into a new uptrend The next dividend season begins in February so you will be well advised to look to options strategies to boost your yields protect your profits and manage risk The MDS Financial Advisory Services team can help with this Call me on 1300 610 024 for further information Remain attuned to the news from overseas particularly from the eurozone and China in relation to easing policies and the US with their earnings season Monitor the performance of the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 is up 1 4 so far this week The index is currently trading at 4218 and is trading above the key pivot level around the 4180 Key levels for the index next week will be 4180 and 4320 with 4230 the key pivot level By Michael Hevern MDS Trading Desk For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research Tags australian stock market Commodities equities prices market wrap QE3 S P S P ASX 200 Stock Market Analysis US Market Posted in ASX Trading News No Comments Winning and Losing Streaks in the Australian Market Friday August 5th 2011 I was recently reading that the Dow Jones was down for eight consecutive days and that got me thinking about winning and losing streaks in the Australian Market and what advantage these could provide to us as traders Dow Jones Industrial Average On any given day the Australian market as represented by the XJO is higher just over half the time 53 But to add a second day to the winning streak occurs 25 of the time and a third day it is down to 13 Long winning streaks are relatively rare with a move up for five days in a row occurring just 1 8 of the time The longest winning streak was 11 up days in a row that occurred in 2003 shown in the chart below The next longest winning streaks were three runs of nine days up also in 2003 and 2004 And then three runs of eight days in 2001 2005 and 2010 Runs of eight days or more are very scarce with this occurring just 0 26 of the time S P ASX 200 XJO Winning Streak The longest losing streak for the Australian market was 12 days in 2008 This was followed up with two 9 day losing streaks one in 2000 and the second in 2010 As with winning streaks losing streaks of eight days are very rare occurring just 0 11 of the time S P ASX 200 XJO Losing Streak Even though the Dow fell for eight consecutive days the Australian market was only lower for three days before managing a bounce during the recent falls as shown below S P ASX 200 XJO If the market has been higher for up to five days this is a bullish sign with a 60 probability the market will be higher the next day and an average gain of 0 1 the next day If the market continues higher for more than five days then a reversal is likely and the average gain turns negative If the market has been falling for five days then this is also a bullish sign There is a 60 probability that the market will be higher the next day and this extends out to six days with the probability of an up day rising to 62 Longer losing streaks are rare but in general when they occur these are likely to result in further falls A fall of eight consecutive days as we have seen in the US markets usually occurs during a bear market A word of caution to all traders out there the recent falls could be the start of a new leg down in the longer term bear market By

    Original URL path: http://blog.traderdealer.com.au/tag/sp-asx-200/ (2013-02-02)
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  • Weekly Market Wrap: Markets Ease As Investors Reassess | Online Stockmarket Trading Update
    sparked the worst diplomatic crisis between the two nations since 2005 putting at risk a trade relationship that has tripled in the past decade to more than US340 billion The Chinese market continues to underperform and had it biggest 2 day drop in 6 months this week on concerns over the escalating tensions with Japan and worsening economic slowdown The Shanghai Composite has fallen over 7 this year on concerns the government is not loosening monetary policy or introducing stimulus policies fast enough to counter the slowdown in the economy The Chinese central bank said it is placing more emphasis on price stability boosting concerns it will delay easing monetary policy even as the economy slows and as inflation has accelerated for the first time in five months in August and may limit any monetary easing The Chinese market is down at levels not seen since February 2009 and the preliminary HSBC PMI reading of 47 8 a number below 50 signals a contraction showed Chinese manufacturing is contracting for an eleventh month in September In commodities crude oil has fallen over 7 this week while gold has held around 7 month highs and copper remains at 4 month highs The Australian market is looking to push towards the 4450 level due to the fact that there has been a coordinated global central bank action to boost economic activity worldwide The mining and mine services sectors have been in focus this week as commodity prices pulled back and data showed slowing global growth In our market the defensive sectors have seen profit taking as investors switch into growth sensitive sectors Telstra Real Estate REITs and info tech stocks have eased back after recently making new yearly highs The financials and materials sectors have resumed their upward path The financial sector is back at 12 month highs The materials sectors continued higher as we are see rotation into this sector in reaction to the central bank actions Investors should have protection in place for their capital and could look to put their money to work while reducing their risk by using options and warrants strategies Remain attuned to the news from overseas particularly from the eurozone China and the US Monitor the performance of Italian and Spanish borrowing costs China and the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4411 and is looking to close the week higher again Key levels for the index next week will be 4350 and 4450 with 4380 the key short term pivot level Traders have received the news they wanted from the ECB and the US Fed QE3 and now the BoJ in Japan and are still watching for some response from the Chinese central bank Contact me at D2MX Trading on 1300 610 024 and I can help you trade using a number of strategies that will give you the tools to navigate this market and help

    Original URL path: http://blog.traderdealer.com.au/2012/09/21/weekly-market-wrap-markets-ease-as-investors-reassess/ (2013-02-02)
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  • The Great Market Melt-Up Continues | Online Stockmarket Trading Update
    the biggest banks at 20 percent since mid May and has lowered interest rates in June and July Investors are showing concern that the central bank may hold off on further easing measures in the near term In commodities crude oil prices again surged to around US96 this past week as traders positioned themselves for the anticipated stimulus of monetary easing globally The gold price has bounced in the past few of sessions to US1 620 after news of the ECB s reassurances and the prospect of QE3 in the US although this will be delayed into September at this stage Copper prices have settled to their 1 month support levels The Australian market has continued higher and is now at 3 month highs due to the prospect of coordinated global central banks action and our mining and energy stocks continue to show much needed signs of recovery The 4300 level is the current pivotal level and 4260 is the critical support level for next week In our market the defensive sectors have seen further profit taking with traders moving towards growth sensitive mining and energy stocks as our earnings season unfolds Companies that disappoint are being punished through their share prices with Telstra Real Estate REITs and health care stocks all easing this week despite the dividend season this month The industrials materials and energy sectors are bouncing off key 3 year lows and we have seen some active short covering in the near term The financial sector is at 12 month highs In the past few of weeks we have forwarned that we are seeing some buying in the energy and materials sectors as investors are seeking some Risk On and we have seen follow through again this week Investors should have protection in place for their capital and could look to reduce their risk by using options and warrants strategies Look to pick up value stocks in growth sensitive sectors when they reach your buy levels Remain attuned to the news from overseas particularly from the eurozone China and the US and as companies continue their reporting Monitor the performance of Italian and Spanish borrowing costs China and the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4351 and is looking to close the week at its highs for the week Key levels for the index next week will be 4260 and 4400 with 4300 the key short term pivot level Contact me at D2MX Trading on 1300 610 024 and I can help you trade using a number of strategies that will give you the tools to navigate this market and help you boost your returns on investment Michael Hevern Investment Adviser D2MX Trading This report was prepared by Michael Hevern It represents the views and opinions of the author It is not intended for use by any third party without the approval of Michael Hevern While this report is

    Original URL path: http://blog.traderdealer.com.au/2012/08/17/weekly-market-wrap-the-great-market-melt-up-continues/ (2013-02-02)
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  • Asx Company Earnings | Online Stockmarket Trading Update
    easing measures in the second half of this year However recent comments from the Chinese central bank revealing that it is still concerned about a rebound in inflation have weighed on sentiment To date the Chinese central bank has left the reserve ratio for the biggest banks at 20 percent since mid May and has lowered interest rates in June and July Investors are showing concern that the central bank may hold off on further easing measures in the near term In commodities crude oil prices again surged to around US96 this past week as traders positioned themselves for the anticipated stimulus of monetary easing globally The gold price has bounced in the past few of sessions to US1 620 after news of the ECB s reassurances and the prospect of QE3 in the US although this will be delayed into September at this stage Copper prices have settled to their 1 month support levels The Australian market has continued higher and is now at 3 month highs due to the prospect of coordinated global central banks action and our mining and energy stocks continue to show much needed signs of recovery The 4300 level is the current pivotal level and 4260 is the critical support level for next week In our market the defensive sectors have seen further profit taking with traders moving towards growth sensitive mining and energy stocks as our earnings season unfolds Companies that disappoint are being punished through their share prices with Telstra Real Estate REITs and health care stocks all easing this week despite the dividend season this month The industrials materials and energy sectors are bouncing off key 3 year lows and we have seen some active short covering in the near term The financial sector is at 12 month highs In the past few of weeks we have forwarned that we are seeing some buying in the energy and materials sectors as investors are seeking some Risk On and we have seen follow through again this week Investors should have protection in place for their capital and could look to reduce their risk by using options and warrants strategies Look to pick up value stocks in growth sensitive sectors when they reach your buy levels Remain attuned to the news from overseas particularly from the eurozone China and the US and as companies continue their reporting Monitor the performance of Italian and Spanish borrowing costs China and the US dollar for a guide to the future direction of commodities and equities prices The S P ASX 200 index is currently trading at 4351 and is looking to close the week at its highs for the week Key levels for the index next week will be 4260 and 4400 with 4300 the key short term pivot level Contact me at D2MX Trading on 1300 610 024 and I can help you trade using a number of strategies that will give you the tools to navigate this market and help you boost your returns

    Original URL path: http://blog.traderdealer.com.au/tag/asx-company-earnings/ (2013-02-02)
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