archive-au.com » AU » T » TRADERDEALER.COM.AU

Total: 499

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • Trading System | Online Stockmarket Trading Update
    for 30 to 60 minutes Utilise the features in the IRESS Trader platform to select your trades according to your market view You will save time and potentially increase your returns by trading with the trend 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 To subscribe to the D2MX Daily Trading Report or call 1300 610 024 Also see Warrant Trading for All Types of Market Environments Series Part 1 Shorting With Limited Risk Using MINIs Part 2 Boosting Dividend Yield Using Warrants 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 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 D2MX Pty Limited ABN 98 113 959 596 AFSL No 297950 D2MX 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 D2MX 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 Disclaimer Using leverage to invest can be a two edged sword as it can magnify your returns when the stock price rises but will in turn magnify the losses if the trade does not perform as expected For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research The D2MX Financial Advisory Services offers general advice on trading options to generate consistent steady income on your investment portfolio Call 1300 610 024 for further information Tags company earnings day trading gap trading stock trading tips trading asx shares Trading Strategy trading system Posted in Trading Strategies No Comments Webinar Playback Back Testing in Market Analyser 7 Friday April 20th 2012 With the Market Analyser 7 Trading System you can back test your strategy against historical data to see if your theory would have resulted in a profit or loss then adjust it accordingly Thanks to everyone who joined the webinar For more events and recordings of past webinars check the Webinars page Tags back tester ma 7 Market Analyser trading platform trading system Posted in Market Analyser 7 No Comments In the engine room March 2009 Wednesday March 18th 2009 Without question the Market Analyser provides one of the most sophisticated back testing facilities available Create a complete trading system using your own custom entry and exit rules apply a stop loss

    Original URL path: http://blog.traderdealer.com.au/tag/trading-system/ (2013-02-02)
    Open archived version from archive


  • Stock Market Analysis: Global Markets Rebound Despite World Bank Growth Forecasts | Online Stockmarket Trading Update
    and low business confidence likely to weigh on economies in developed nations down from last year s forecast of 3 percent and after global growth of 2 3 percent in 2012 In London the FTSE 100 was up 0 5 at 6 132 in Germany the DAX closed up 0 6 at 7 735 while in France the CAC closed up 1 0 at 3 744 and Spain closed up 0 6 Asian Markets Asian stock markets dropped again yesterday but the regional benchmark index is still trading around levels not seen since August 2011 The MSCI Asia Pacific Index fell 0 7 but the index is still on track to extend its rally for a third consecutive month on the back of news that showed the Chinese economy is recovering and Japanese shares gaining after the new leadership promoted a new stimulus package In Japan shares found support after pulling back 2 6 in the previous session its biggest session fall since last May This market has had a stellar run of nine straght weeks higher and is still trading around 32 month highs after the Bank of Japan BoJ Governor Masaaki Shirakawa said the central bank will pursue powerful monetary easing Chinese shares extended their losses in the session after a report showed the nation s foreign direct investment declined for the first full year since 2009 as economic growth slowed and manufacturers relocated to markets with cheaper labor China will release GDP figures today and with the Chi nese gross domestic product expected to rise 7 8 from a year earlier in the final quarter of 2012 up from 7 4 growth in the third quarter according to the median forecast of economists surveyed by Bloomberg In China the SSE Composite down 1 1 at 2 248 while in Hong Kong the Hang Seng Index closed down 0 1 at 23 339 and in Japan the Nikkei 225 Index was up 0 1 at 10 609 South Korean KOSPI closed down 0 2 for the session Commodities The Dollar Index was at lower 79 68 on a higher Euro while the Australian Dollar last traded lower at 1 055 Commodities prices traded higher For the session the Benchmark crude NYMEX for December delivery was up 0 9 settled at US95 17 Copper prices are looking for key support level as Copper for December delivery was up 1 5 at US3 6595 while December Gold was up 0 2 or US3 60 at US1 686 60 ASX News Today BLD Boral the building products maker will cut 700 people from its workforce with most of the reduction coming from its head office is in Sydney FMG Fortescue Metals decision to walk away from a deal to invest in a small unconventional gas exploration company in WA could be the result of rising iron ore prices ILU Iluka Resources the mineral sands miner has generated nearly one third less revenue in 2012 than the previous year as Chinese demand

    Original URL path: http://blog.traderdealer.com.au/2013/01/18/stock-market-analysis-global-markets-rebound-depite-world-bank-growth-forecasts/ (2013-02-02)
    Open archived version from archive

  • Stock Market Analysis: Markets Weaken Due To Slowing Global Growth Forecast | Online Stockmarket Trading Update
    DAX closed up 0 2 at 7 691 while in France the CAC closed up 0 3 at 3 708 and Spain closed down 0 2 Asian Markets Asian stock markets generally dropped yesterday but the regional benchmark index is still trading around levels not seen since August 2011 The MSCI Asia Pacific Index fell 0 7 but the index is still on track to extend its rally for a third consecutive month on the back of news that showed the Chinese economy is recovering and Japanese shares gaining after the new leadership promoted a new stimulus package In Japan shares pulled back 2 6 its biggest session fall since last May This market has had a stellar run of nine straght weeks higher and is still trading around 32 month highs after the Bank of Japan BoJ Governor Masaaki Shirakawa said the central bank will pursue powerful monetary easing Chinese shares fell after a report showed the nation s foreign direct investment declined for the first full year since 2009 as economic growth slowed and manufacturers relocated to markets with cheaper labor In China the SSE Composite down 0 7 at 2 309 while in Hong Kong the Hang Seng Index closed down 0 2 at 23 357 and in Japan the Nikkei 225 Index was dopwn 2 6 at 10 600 South Korean KOSPI closed down 1 2 for the session Commodities The Dollar Index was at higher 79 80 on a lower Euro while the Australian Dollar last traded higher at 1 057 Commodities prices traded lower For the session the Benchmark crude NYMEX for December delivery was up 0 9 settled at US94 17 Copper prices are looking for key support level as Copper for December delivery was down 0 6 at US3 617 while December Gold was down 0 3 or US4 30 at US1 679 60 ASX News Today BBG Billabong shares eased a day after the stock rallied 16 percent as traders braced for a potential bidding war for the troubled surfwear company BLD Boral the building products maker will cut 700 people from its workforce with most of the reduction coming from its head office is in Sydney CTY Country Road expects total group sales to have increased by 50 percent in the half year ending 31 December 2012 after the acquisition of fashion retailer Witchery and accessories brand Mimco in August FMG Fortescue Metals decision to walk away from a deal to invest in a small unconventional gas exploration company in WA could be the result of rising iron ore prices NAM Namoi Cotton shares surged after it agreed to partner with global commodities company Louis Dreyfus in a deal that will deliver it more than 34 million QAN Qantas says there is no change to its order of 15 Boeing 787 aircraft after Japaness Airlines grounded all their Dreamliners following a series of incidents in recent days RIO Rio Tinto says predictions of falls in iron ore prices should not

    Original URL path: http://blog.traderdealer.com.au/2013/01/17/stock-market-analysis-markets-weaken-due-to-slowing-global-growth-forecast/ (2013-02-02)
    Open archived version from archive

  • Stock Market Analysis: Global Markets Ease, Focus Is On Asia In 2013 | Online Stockmarket Trading Update
    Treasury which set an upper goal for the sale of EUR5 5 billion sold EUR 5 75 billion worth of 12 month bills at an average 1 472 percent compared with 2 556 percent in December In London the FTSE 100 was up 0 1 at 6 117 in Germany the DAX closed down 0 7 at 7 675 while in France the CAC closed down 0 3 at 3 697 and Spain closed down 0 4 Asian Markets Asian stocks generally rose yesterday with the regional benchmark index trading around levels not seen since August 2011 In Japan shares continued their stellar run of nine straght weeks higher and are now trading around 32 month highs after the Bank of Japan BoJ Governor Masaaki Shirakawa said the central bank will pursue powerful monetary easing The MSCI Asia Pacific Index rose 0 3 as the index extends its rally for a third consecutive month on the back of news that showed the Chinese economy is recovering and Japanese shares gained on speculation new Prime Minister Shinzo Abe will pursue more aggressive policies to stimulate the world s third largest economy Data is indicating that the Chinese slowdown is bottoming In China the SSE Composite up 0 6 at 2 325 while in Hong Kong the Hang Seng Index closed down 0 1 at 23 264 and in Japan the Nikkei 225 Index was up 0 7 at 10 879 South Korean KOSPI closed down 1 2 for the session Commodities The Dollar Index was at higher 79 73 on a lower Euro while the Australian Dollar last traded higher at 1 056 Commodities prices traded mixed For the session the Benchmark crude NYMEX for December delivery was down 0 8 settled at US93 37 Copper prices are looking for key support level as Copper for December delivery was up 0 1 at US3 635 while December Gold was up 0 6 or US9 50 at US1 678 ASX News Today AIX Australian Infrastructure Fund AIX on Tuesday voted to sell its holdings in its airport assets to the federal government s Future Fund BBG Billabong s US suitor says the embattled Australian surfwear company presents a good opportunity to expand its action sportswear lines LEI Leighton the construction company has won a 200 million contract to build a head office for energy explorer Esso in Papua New Guinea RIO Rio Tinto lifted global iron ore production by four percent to a record 253 million tonnes in 2012 better than expected SEK Seek the online job ad company is increasing its stake in Chinese employment website Zhaopin as it continues a global expansion TCL Toll road operator Transurban has lifted its revenue in the first half of FY13 due to increased traffic on its roadways TOL Toll Holdings has revealed a possible cost of NZ19 million from its battle with the New Zealand Inland Revenue Department IRD over the use of optional convertible notes OCNs to shuffle trans Tasman income Ex

    Original URL path: http://blog.traderdealer.com.au/2013/01/16/stock-market-analysis-global-markets-ease/ (2013-02-02)
    Open archived version from archive

  • Stock Market Analysis: Global Markets Hold On To Gains | Online Stockmarket Trading Update
    in France the CAC closed up 0 1 at 3 708 and Spain closed down 0 4 Asian Markets Asian stock markets continued higher yesterday as Chinese shares pushed higher The MSCI Asia Pacific Index rose 0 5 for the session and has recorded its longest winning streak in over three years on the back of signs of economic growth improving in the world s largest economies The index rose 14 for the 2012 calendar year following announcements from central banks globally of added stimulus designed to spur growth and data that is indicating that the Chinese slowdown may be bottoming The Chinese market surged after reports that the government regulator said China can boost by 10 times quotas for foreign investment in its financial markets The govrnment is also seeking to explore diverse global investment opportunities for its government reserves This offset news that rising inflation figures could cast a shadow over the prospect of an easing of domestic monetary policy near term The Chinese market looks to have bottomed and has plenty of room to the upside especially if the Chinese government s efforts to boost domestic spending and accelerate urban development come to fruition In Japan investors pushed shares even higher celebrating their change of leadership with the market now up for nine straight weeks its longest such streak since hitting an all time high back in 1989 In China the SSE Composite up 3 0 at 2 311 while in Hong Kong the Hang Seng Index closed up 0 6 at 23 413 and in Japan the Nikkei 225 Index was up 1 4 at 10 801 South Korean KOSPI closed up 0 5 for the session Commodities The Dollar Index was at lower 79 49 on a higher Euro while the Australian Dollar last traded higher at 1 0557 Commodities prices traded higher For the session the Benchmark crude NYMEX for December delivery was up 0 7 settled at US94 17 Copper prices are looking for key support level as Copper for December delivery was down 0 3 at US3 645 while December Gold was up 0 5 or US7 40 at US1 668 ASX News Today BBG Billabong the surfwear retailer has received a takeover offer from VF Corporation owner of the North Face and Timberland brands and a US private equity firm BSL Bluescope faces the Australian Workers Union AWU questioning over the 100 million in government assistance given to company after the steelmaker shed another 170 jobs at its Victorian plant MAH Macmahon Holdings the mining support contractor has rejected a 25 million takeover offer from India owned Sembawang Australia STO Santos says Nexus Energy the oil and gas explorer has again suspended production at its Longtom operations in Victoria because of an electrical fault OZL OZ Minerals the mining giant has yet to be contacted by the Australian Federal Police AFP about the reopening of a corruption investigation RIO Rio Tinto will release its December quarter production figures today with analysts

    Original URL path: http://blog.traderdealer.com.au/2013/01/15/stock-market-analysis-global-markets-hold-on-to-gains/ (2013-02-02)
    Open archived version from archive

  • Stock Market Analysis: Global Markets Continue Higher | Online Stockmarket Trading Update
    France the CAC closed up 0 1 at 3 706 and Spain closed up 0 1 Asian Markets Asian stock markets have rallied into the New Year although they eased last week due to mixed economic data out of China The MSCI Asia Pacific Index fell 0 1 last week snapping a seven week winning streak having recorded its longest winning streak in over three years on the back of signs of economic growth improving in the world s largest economies The index rose 14 for the 2012 calendar year following announcements from central banks globally of added stimulus designed to spur growth and data that is indicating that the Chinese slowdown may be bottoming The Chinese market eased last week but is up 15 from its November lows as trade data surprised to the upside but rising inflation figures cast a shadow over the prospect of an easing monetary policy near term In Japan investors have celebrated their change of leadership with the market now up for nine straight weeks its longest such streek since hitting an all time high back in 1989 In China the SSE Composite down 1 8 at 2 243 while in Hong Kong the Hang Seng Index closed down 0 4 at 23 264 and in Japan the Nikkei 225 Index was up 1 4 at 10 801 South Korean KOSPI closed down 0 5 for the session Commodities The Dollar Index was at lower 79 49 on a higher Euro while the Australian Dollar last traded higher at 1 055 Commodities prices traded lower For the session the Benchmark crude NYMEX for December delivery was down 0 3 settled at US93 56 Copper prices are looking for key support level as Copper for December delivery was down 1 5 at US3 654 while December Gold was down 1 0 or US17 40 at US1 660 ASX News Today BBG Billabong the surf wear retailer has appointed a former Network Ten executive Peter Myers as its new chief financial officer BSE Base Resources share surged after the Australian company convinced the Kenyan government not to enforce new nationalist laws on it requiring local ownership BSL BlueScope Steel is expected to announce major job losses today at a Victorian port facility according to the Australian Workers Union MAH Mchman says the Indian owned suitor Sembawang for control over the construction arm of Macmahon Holdings has withdrawn its offer SEK Seek the online job ad company is increasing its stake in Chinese employment website Zhaopin as it continues a global expansion TCL Toll road operator Transurban has lifted its revenue in the first half of FY13 due to increased traffic on its roadways Ex dividend Date Countplus Limited Merchant House Ozgrowth Limited Tower Limited Market Summary ASX to open higher US UK Europe higher US ADRs Broadly higher By Michael Hevern D2MX Investment Advisor For Buy and Sell recommendations on ASX listed companies register for a FREE trial of FREE trial of D2MX Financial Research Tags

    Original URL path: http://blog.traderdealer.com.au/2013/01/14/stock-market-analysis-global-markets-continue-higher-2/ (2013-02-02)
    Open archived version from archive

  • Trader Dealer Blog - Part 3
    Merkel said the promise of lifting the eurozone out of its debt crisis is worth the pain that is being caused by German inspired austerity In the UK the FTSE remains around 8 month highs In London the FTSE 100 was up 0 4 at 5 936 in Germany the DAX closed up 0 6 at 7 653 while in France the CAC closed up 0 3 at 3 648 and Spain closed up 0 9 Asian Markets Asian stock markets ended higher yesterday with the regional benchmark index remains at its highest levels in over a year while the Chinese market continues to trade above one month highs The MSCI Asia Pacific Index has advanced for the past three weeks recording its longest winning streak in three years on the back of signs of economic growth improving in the world s largest economies The index is up 12 for the year following announcements from central banks globally of added stimulus designed to spur growth and data that is indicating that the Chinese slowdown may be bottoming The Chinese market rose again following last week s strong performance and is up 4 8 for December and is still trading around 1 month highs China has set its initial target for economic growth at 7 5 percent for a second year and tightened its inflation goal to the lowest level since 2010 but the leadership still needs to stimulate the domestic economy in order to push GDP growth back above 8 In Hong Kong the markets backed off 16 month highs The Japanese stock market finished at fresh 8 month highs as the yen weakened following the change of leadership on the weekend and exporters advanced as the yen touched a 9 month low The Bank of Japan is expected to increase its asset purchase plan by Y5 Y10 trillion at Thursday s meeting and there is trade data due out today In China the SSE Composite up 0 1 at 2 162 while in Hong Kong the Hang Seng Index closed down 0 1 at 22 494 and in Japan the Nikkei 225 Index was up 0 9 at 9 923 South Korean KOSPI closed up 0 5 for the session Commodities The Dollar Index was at lower 79 33 on a higher Euro while the Australian Dollar last traded higher at 1 054 Commodities prices traded lower For the session the Benchmark crude NYMEX for December delivery was up 0 8 settled at US87 91 Copper prices are looking for key support level as Copper for December delivery was down 0 5 at US3 647 while December Gold was down 1 6 or US26 50 at US1 671 70 ASX News Today ANN Ansell the gloves and condom maker has increased its exposure to Latin America by buying Brazilian military clothing company Hercules for US77 million ALZ Takeover target Australand says it has not received an approach from property giant Mirvac about a potential merger BBG Billabong the surfwear retailer is in a trading halt after reports said former director has made a 527 million offer for the struggling company CBA CommBank is increasing its stake in John Symond s Aussie Home Loans to 80 percent and extending its position as the country s number one home lender DLX DuluxGroup the paint maker says sales have improved so far in fiscal 2013 and expects a rise in full year net profit CTX Caltex Australia has forecast a return to full year profit in 2012 but a slowdown in its marketing business has raised concerns FMG Fortescue Metals plans to sell a stake in its Pilbara rail and port assets but the move has raised concerns about what the loss of control will mean for its future growth FUN Funtastic the toy distributor has reaffirmed its guidance of 23 25 million in earnings for fiscal 2013 LNG Liquefied Natural Gas Ltd says the cost of building its Fisherman s Landing project in Queensland is on track to cost US 1 1 billion Corporate News Reporting today Integra Mining Limited Full year 2012 AGM Ex dividend Date Singapore Telecomm SGT Market Summary ASX to open higher US UK Europe higher US ADRs Broadly higher By Michael Hevern D2MX Investment Advisor For Buy and Sell recommendations on ASX listed companies register for a FREE trial of FREE trial of D2MX Financial Research Michael ASX Company News Morning Wrap Stock Market Analysis Asian Markets ASX ASX News Business News Commodities Crude Oil European Markets Ex Dividend gold price Nasdaq Stock Market Analysis stockmarket trading US Market wrap Stock Market Analysis Global Markets Continue Higher December 18th 2012 0 US stock markets broke a 3 day losing streak overnight as investors were encouraged by the progress on the fiscal cliff negotiations European stock markets eased overnight easing back from 18 month highs overnight as investors took some profits off the table Asian stock markets ended mixed yesterday the regional benchmark index remains at its highest levels in over a year Commodities prices were modestly higher Gold prices are trading around US1 699 while crude oil closed around US87 The Australian market is looking to open higher today as stock prices rebounded in the US and the European markets The markets continue to be driven by news around stimulus and to be very reactive to news flow around the impending US Fiscal Cliff The banks were the biggest drivers in the US but materials stocks also performed well Remember we have index and equities options expiry on Thursday this week The SPI Futures is trading above the key level of 4550 ended up 0 5 or 24 points at 4597 The key levels for our index today are 4580 to 4630 See below for ASX listed companies in the news today US Markets US stock markets broke a 3 day losing streak overnight as investors were encouraged by the progress on the fiscal cliff negotiations The three benchmark indexes ended up around 0 6 The financials sector was the biggest gainer on the S P500 up over 2 are is on track for its highest levels since mid October The Materials and Technology sectors were up over 1 1 for the session The S P 500 is still up 14 percent for the year Since the 1980s the US markets have averaged a gain of 1 5 for December and they are now up 1 1 for the month so far The fiscal cliff negotiations are making progress as the House Speaker Boehner proposed a tax rate increase for the first time in the US budget debate The talks continue US investors have been positioning for a resolution of the fiscal cliff before Christmas so any delays would weigh on equities Expect markets to be news driven until the issues are finally resolved and this could take as late as January next year but investors have factored in a resolution before Christmas In economic news an index of New York area manufacturing showed shrinking activity in for a fifth month in a row in December The Dow Jones closed up 0 8 at 13 235 the S P 500 index up 1 2 at 1 430 the Nasdaq ended up 1 3 at 3 010 and the smaller cap Russell 2000 was up 1 4 European Markets European stock markets eased overnight easing back from 18 month highs overnight as investors took some profits off the table The Stoxx 600 has backed off its highest level since May 2011 and has rallied 14 percent for the year as optimism grew that the US Congress and President Barack Obama would resolve the impasse over the US budget and as the European Central Bank remains committed to an unlimited bond buying plan Across the region the telecoms sector fell 1 1 weighing on the markets Eurozone trade balance figures for October also weighed on sentiment as seasonally adjusted exports fell by 1 4 month on the month further down from the 1 3 drop in September The eurozone banking system was again in focus as the European Central Bank President Draghi said ECB policies and governance reforms in the eurozone have revived confidence that will help encourage a gradual economic recovery in the second half of next year The European financial leaders have agreed to put the ECB in charge of all large eurozone lenders rather than their national regulators Some 200 banks will automatically qualify for oversight by the ECB but there are over 6 000 lenders that may eventually be included The banking system was in focus in Spain as the Banco Santander fell 1 2 after is was announced that Santander would absorb a smaller competitor The German market continues to trade at its highest level in nearly five years and this market is now up 27 percent from its June lows German Chancellor Angela Merkel said the promise of lifting the eurozone out of its debt crisis is worth the pain that is being caused by German inspired austerity In the UK the FTSE remains around 8 month highs In economic news a preliminary reading of Markit s eurozone purchasing managers composite output index rose to a nine month high at 47 3 in December up from 46 5 in November In London the FTSE 100 was down 0 2 at 5 912 in Germany the DAX closed up 0 1 at 7 604 while in France the CAC closed down 0 1 at 3 638 and Spain closed up 0 6 Asian Markets Asian stock markets ended mixed yesterday with the regional benchmark index remains at its highest levels in over a year while the Chinese market is trading around one month highs The Japanese stock market finished at fresh 8 month highs as the yen weakened following change of leadership while stocks in nuclear power generators surged higher as exporters advanced as the yen touched a 9 month low The Bank of Japan is expected to increase its asset purchase plan by Y5 Y10 trillion at this week s meeting The MSCI Asia Pacific Index has advanced for the past three weeks recording its longest winning streak in three years on the back of signs of economic growth improving in the world s largest economies The index is up 12 for the year following announcements from central banks globally of added stimulus designed to spur growth and data that is indicating that the Chinese slowdown may be bottoming The Chinese market rose again following Friday s strong performance and is up 4 8 for December and is still trading around 1 month highs but the leadership still needs to stimulate the domestic economy in order to push GDP growth back above 8 In Hong Kong the markets backed off 16 month highs In China the SSE Composite up 0 4 at 2 160 while in Hong Kong the Hang Seng Index closed down 0 4 at 22 513 and in Japan the Nikkei 225 Index was up 0 9 at 9 828 South Korean KOSPI closed down 0 6 for the session Commodities The Dollar Index was at lower 79 57 on a higher Euro while the Australian Dollar last traded higher at 1 055 Commodities prices traded higher For the session the Benchmark crude NYMEX for December delivery was up 1 0 settled at US87 47 Copper prices are looking for key support level as Copper for December delivery was down 0 7 at US3 676 while December Gold was up 0 1 or US2 20 at US1 699 ASX News Today BBG Billabong the surfwear retailer is in a trading halt after reports said former director has made a 527 million offer for the struggling company CTX Caltex Australia has forecast a return to full year profit in 2012 but a slowdown in its marketing business has raised concerns FMG Fortescue Metals plans to sell a stake in its Pilbara rail and port assets but the move has raised concerns about what the loss of control will mean for its future growth FXJ Fairfax Media announced sale of its remaining stake in the New Zealand based online auction and classifieds site Trade Me PMP PMP the printing and distribution business has received some good news after it retained the contract to print catalogues for Woolworths LLC Lend Lease will carry out a 1 billion revamp of Sydney s convention and entertainment centre precinct in a public private partnership with the NSW government LNC Linc Energy shares have been surging due to continued speculation that Russian billionaire Roman Abramovich is interested in the company LYC Lynas returned from another trading after Malaysian government ministers ordered it to export waste from its local rare earths plant QAN The ACCC has approved plans by Qantas to more closely integrate its operations with that of its low cost airline Jetstar TSE Transfield Services has won several new contracts worth 140 million including work on two major energy projects Corporate News Reporting today DuluxGroup AGM Funtastic AGM Incitec Pivot AGM Ex dividend Date Amadeus Energy AMU Market Summary ASX to open higher US UK Europe higher US ADRs Broadly higher By Michael Hevern D2MX Investment Advisor For Buy and Sell recommendations on ASX listed companies register for a FREE trial of FREE trial of D2MX Financial Research Michael ASX Company News Morning Wrap Stock Market Analysis Asian Markets ASX ASX News Business News Commodities Crude Oil European Markets Ex Dividend gold price Nasdaq Stock Market Analysis stockmarket trading US Market wrap Money Magazine s Best of the Best goes to Trader Dealer December 17th 2012 0 Best of the Best 2013 Cheapest Non Advisory Phone Brokers At Trader Dealer we ve always placed a high emphasis on good customer service so we re proud to have once again been named in Money Magazine s Best of the Best list in the Cheapest Non Advisory Phone Brokers category We don t charge extra fees for trades placed over the phone and we have a trading desk staffed by friendly qualified traders ready to place your orders or answer your questions So if you like the security of having a trader place orders on your behalf or you re caught away from your trading platform when a trade signal hits call 1300 130 545 and we ll be happy to help you out More about brokerage rates More about phone trading with Trader Dealer Lucy Trader Dealer News awards best broker brokerage money magazine phone trading Trader Dealer Stock Market Analysis Global Markets Finsihed Week In The Green December 17th 2012 0 US stock markets eased on Friday night but are trading back above the pre election levels European stock markets are continuing on their amazing run but eased back from 18 month highs overnight Asian stock markets ended mixed on Friday but ended higher for the week Commodities prices were modestly higher Gold prices are trading around US1 697 while crude oil closed around US86 The Australian market is looking to open lower today as stock prices eased in the US and the European markets The markets continue to be driven by news around stimulus and to be very reactive to news flow around the impending US Fiscal Cliff The SPI Futures is trading above the key level of 4550 ended down 0 1 or 3 points at 4577 The key levels for our index today are 4540 to 4600 See below for ASX listed companies in the news today US Markets US stock markets eased on Friday night but are trading back above the pre election levels The three benchmark indexes ended modestly lower for the week The technology sector was the biggest drag on the S P500 as Apple shares continued their slide The S P 500 is still up 13 percent for the year Since the 1980s the US markets have averaged a gain of 1 5 for December and they are now up 1 1 for the month so far On Thursday the Federal Reserve Chairman Ben Bernanke said the central bank will buy US45 billion a month of Treasury securities starting in January in addition to US40 billion a month of mortgage debt purchases The easing bias will continue well into 2015 The fiscal cliff negotiations are making progress but at a slower pace The fiscal cliff talks continue US investors have been positioning for a resolution of the fiscal cliff before Christmas so any delays would weigh on equities Expect markets to be news driven until the issues are finally resolved and this could take as late as January next year but investors have factored in a resolution before Christmas The Dow Jones closed down 0 3 at 13 135 the S P 500 index down 0 4 at 1 413 the Nasdaq ended down 0 7 at 2 971 and the smaller cap Russell 2000 was up 0 1 European Markets European stock markets are continuing on their amazing run but eased back from 18 month highs overnight as investors took some profits off the table The Stoxx 600 has backed off its highest level since May 2011 and has rallied 14 percent for the year as optimism grew that the US Congress and President Barack Obama would resolve the impasse over the US budget and as the European Central Bank remains committed to an unlimited bond buying plan In a further step towards financial unification of the eurozone countries the European financial leaders agreed to put the ECB in charge of all large eurozone lenders rather than their national regulators Some 200 banks will qualify for oversight by the ECB In economic news a preliminary reading of Markit s eurozone purchasing managers composite output index rose to a nine month high at 47 3 in December up from 46 5 in November The German market is trading at its highest level in nearly five years and this market is now up 27 percent from its June lows In the UK the FTSE remains around 8 month highs In London the FTSE 100 was down 0 1 at 5 921 in Germany the DAX closed up 0 2 at 7 596 while in France the CAC closed up 0 1 at 3 643 and Spain closed up 0 1 Asian Markets Asian stock markets ended mixed on Friday but ended higher for the week with the regional benchmark index at its highest levels in over a year while the Chinese market is trading around one month highs Investors reacted positively to the news from the US Fed Reserve and the Chinese data that confirmed the economy is bottoming The MSCI Asia Pacific Index has advanced for the past three weeks recording its longest winning streak in three years on the back of signs of economic growth improving in the world s largest economies The index is up 11 for the year following announcements from central banks globally of added stimulus designed to spur growth and data that is indicating that the Chinese slowdown may be bottoming The Chinese market is up 4 3 for December and is still trading around 1 month highs but the leadership still needs to stimulate the domestic economy in order to push GDP growth back above 8 In Hong Kong the markets is at 16 month highs The HSBC s preliminary Purchasing Managers Index for December continued to show an expansion in activity UP at a 14 month high of 50 9 In Japan the market rose again above 7 month highs with exporters advancing as the yen touched a 9 month low The Liberal Democratic Party gained a majority in the election in a landslide Machinery orders have risen for the first time in three months In China the SSE Composite up 0 4 at 2 074 while in Hong Kong the Hang Seng Index closed up 0 8 at 22 503 and in Japan the Nikkei 225 Index was up 0 7 at 9 581 South Korean KOSPI closed up 0 6 for the session Commodities The Dollar Index was at lower 79 54 on a higher Euro while the Australian Dollar last traded higher at 1 056 Commodities prices traded higher For the session the Benchmark crude NYMEX for December delivery was up 1 0 settled at US86 73 Copper prices are looking for key support level as Copper for December delivery was up 0 6 at US3 683 while December Gold was up 0 1 or US0 20 at US1 697 ASX News Today APN APN News Media shares plunged to a record low after announcing a profit warning ALZ Australand has rejected an offer from fellow property company GPT Group for its commercial and industrial and investment property portfolio BHP BHP Billiton has rid itself of looming risks with the controversial 30 billion Browse gas project after deciding to sell its interest to oil and gas giant PetroChina CTX Caltex Australia has forecasti a return to full year profit in 2012 but a slowdown in its marketing business has raised concerns EGP Echo Entertainmen announced John Redmond the former head of major casino groups in the United States has been named the new chief executive of casino owner LLC Lend Lease will carry out a 1 billion revamp of Sydney s convention and entertainment centre precinct in a public private partnership with the NSW government LNC Linc Energy shares have been surging due to continued speculation that Russian billionaire Roman Abramovich is interested in the company LYC Lynas returned from another trading after Malaysian government ministers ordered it to export waste from its local rare earths plant MAH Macmahon Holdings shares plunged to an 8 year low after the mining contract launched a 80 7 million capital raising and sold its ailing construction business QAN The ACCC has approved plans by Qantas to more closely integrate its operations with that of its low cost airline Jetstar SXL Southern Cross Media Group will resume advertising on Sydney radio station 2DayFM but will donate the profits following the controversial prank call to a London hospital TSE Transfield Services has won several new contracts worth 140 million including work on two major energy projects WPL Woodside Petroleum has warned that further cost blowouts in the oil and gas industry could jeopardise future long term investment Corporate News Reporting today JB Hi Fi Ltd JBH Trading statement Ex dividend Date None Market Summary ASX to open flat US UK Europe flat US ADRs Broadly lower By Michael Hevern D2MX Investment Advisor For Buy and Sell recommendations on ASX listed companies register for a FREE trial of FREE trial of D2MX Financial Research Michael ASX Company News Morning Wrap Stock Market Analysis Asian Markets ASX ASX News Business News Commodities Crude Oil European Markets Ex Dividend gold price Nasdaq Stock Market Analysis stockmarket trading US Market wrap Weekly Market Wrap Global Markets Continue Their Stellar Run Higher December 14th 2012 0 Once again markets pushed higher this week with many now testing their October peaks as traders wait for signs that equities prices can push to new highs Markets have a seasonal tendency to trade higher from around now into the year s end however the news around the US fiscal cliff continues to dominate sentiment particularly in the US US stock markets again pushed higher trading back above the pre election levels The three benchmark indexes are on track to finish in the green for the week which bodes well for a push higher into year s end The S P 500 is now up 13 percent for the year Since the 1980s the US markets have averaged a gain of 1 5 for December and they are now up 1 1 for the month so far On Thursday the Federal Reserve Chairman Ben Bernanke said the central bank will buy US45 billion a month of Treasury securities starting in January in addition to US40 billion a month of mortgage debt purchases The easing bias will continue well into 2015 Investor sentiment was initially boosted by optimism that the Fed Reserve would provide additional stimulus and that the fiscal cliff negotiations are making progress However overnight the US House speaker Boehner said the White House is not serious about cutting spending and needs to implement higher taxes in its plans The fiscal cliff talks continue US investors have been positioning for a resolution of the fiscal cliff before Christmas so any delays would weigh on equities Expect markets to be news driven until the issues are finally resolved and this could take as late as January next year but investors have factored in a resolution before Christmas European stock markets are continuing on their amazing run but eased back from 18 month highs overnight as investors took some profits off the table The Stoxx 600 has backed off its highest level since May 2011 and has rallied 14 percent for the year as optimism grew that the US Congress and President Barack Obama would resolve the impasse over the US budget and as the European Central Bank remains committed to an unlimited bond buying plan In a further step towards financial unification of the eurozone countries the European financial leaders agreed to put the ECB in charge of all large eurozone lenders rather than their national regulators Some 200 banks will qualify for oversight by the ECB The German market is trading at its highest level in nearly five years and this market is now up 27 percent from its June lows In the UK the FTSE remains around 8 month highs Asian stock markets have been on the rise again this week with the regional benchmark index at its highest levels in over a year while the Chinese market is trading around one month highs Investors reacted positively to the news from the US Fed Reserve and the Chinese data that confirmed the economy is bottoming The MSCI Asia Pacific Index has advanced for the past three weeks recording its longest winning streak in three years on the back of signs of economic growth improving in the world s largest economies The index is up 11 for the year following announcements from central banks globally of added stimulus designed to spur growth and data that is indicating that the Chinese slowdown may be bottoming The Chinese market is up 4 5 for December and is still trading around 1 month highs but the leadership still needs to stimulate the domestic economy in order to push GDP growth back above 8 In Japan the market rose again above 7 month highs with exporters advancing as the yen touched a 9 month low Polls show that the Liberal Democratic Party looks likely to gain a majority in the upcoming election Machinery orders have risen for the first time in three months In commodities iron ore is up 42 from its September lows copper is up nearly 8 in a month aluminum is up 12 since October lows and gold is up 10 from its lows but crude oil is hovering around its lowest level in three weeks The Australian market has had another strong week but is running up into resistance around the 4620 level The market held above the 4550 level and is now hovering above 4590 having broken above the highs of mid October Our market has rebounded on the back of positive sentiment around the globe and the Aussie banks continued higher in the chase for yield but we also saw money pour into resource stocks as investors look for a turnaround in the materials sector for 2013 Key levels for the index next week will be 4540 and 4630 with 4570 the key short term pivot level Be aware that we may see a short term top in the market in the next couple of weeks so be ready to protect your position and or take profits In today s Analyst s Eye we provide you with a Stocks Shopping List for Christmas Traders remain oblivious to the impending US fiscal cliff and continue to be optimistic on the back of positive news regarding a resolution Greece has now received its bailout funds and the Chinese leadership is hinting at a more accommodative stance to promote growth for next year Remain attuned to the news from overseas particularly from the eurozone China easing and the US fiscal cliff Monitor the US dollar for a guide to the future direction of commodities and equities prices Contact me at D2MX Advisory on 1300 610 024 and we can help you trade using a number of strategies that will give you the tools to navigate this market and help you improve your returns on investment Michael Hevern Investment Adviser D2MX 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 D2MX Pty Limited ABN 98 113 959 596 AFSL No 297950 D2MX 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 D2MX 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 Disclaimer Using leverage to invest can be a two edged sword as it can magnify your returns when the stock price rises but will in turn magnify the losses if the trade does not perform as expected Michael Stock Market Analysis Stocks for the 2012 Christmas Hamper December 14th 2012 0 Last Christmas in our end of year note we highlighted high yielding stocks as the place to park your money Christmas Hamper for 2012 and that has proven to be a fantastic strategy for our clients While trading in high yielding stocks is not guaranteed to deliver strong returns to investors or traders dividends do offer a margin of safety which can in turn boost any capital return on the company s shares as evidenced by this year s performance Dividends also offer Super Funds the additional benefit of franking credits which can boost the portfolio s annual performance A review of the stocks we highlighted in last year s note paints a far rosier picture If you had simply constructed a portfolio with the 15 stocks highlighted then you could have returned 14 8 for the year in capital growth plus an additional 6 2 in dividends There were some standout performers with capital returns Perpetual was up 70 and NiB Health was up 40 while Telstra and Tatts were up 30 and Commbank and Westpac returned 25 Note these returns were did not include the dividends There were also a couple of dogs Metcash and Oz Minerals were both down over 23 2013 Outlook At this stage the prospects for 2013 appear to be clearer than they were at the same time last year In the US investors are facing the fiscal cliff in the short term but they are factoring in a resolution to that in the New Year The European markets are now at 18 month highs and the German market which is the European powerhouse is at 5 year highs The Europeans have battled their way through the year without any major catastrophes Greece was bailed out belatedly and the Spanish banks were also provided with bailout funding The eurozone is making progress on a unified banking system with the European financial leaders agreeing to put the European Central Bank in charge of all large eurozone lenders rather than their national regulators Some 200 banks will qualify for oversight by the ECB Germany is even considering the idea that it may allow Greece to write off some of its debt The Asian region as a whole has been underperforming on the world stage led by the Chinese market which went into hibernation as they grappled with stricter corporate governance standards and the once in a decade leadership changes The Chinese market recently hit its lowest levels since the GFC ended in 2009 However data out of China is now indicating that the economy is bottoming which should be positive for a move higher in New Year All in all we are definitely seeing some green shoots in markets globally which bodes well for 2013 The markets look set to move higher next year even though there will no doubt be some setbacks along the way as we saw this year in April and October Let s Go Shopping One way to trade into the New Year is to take a more domestic focus trading in stocks with consistent fundamentals that reward shareholders through a strong dividend stream This worked fantastically this year so here are some suggestions for 2013 We have done a quick review using the d2mxIRESS software searching the S P ASX200 stocks that have consistent fundamentals that reward shareholders through a strong dividend stream The shortlist of stocks is summarised in the table and chart below Note we have sorted these stocks by year to date performance There are a number of ways to utilise this information for your investing in 2013 including Choose the stocks that have performed the best in terms of YTD return and Yield such as Telstra Corporation Spark Infrastructure Westpac Bank and Tatts Group This method assumes that these stocks will continue to outperform into 2013 Choose the stocks that offer the best in terms of Dividend Yield such as Tabcorp Holdings Tatts Group Myer Holdings Metcash and National Bank Choose the stocks that have performed the best in terms of Return on Equity and Yield such as Tabcorp Holdings Tatts Group Myer Holding Metcash and National Bank Choose the stocks on a contrarian basis that is those stocks that have been sold off in the past year and are trading on single digit PE on the hope of a recovery into 2012 such as Tabcorp Holdings Metcash and National Bank Note this is a similar methodology to the Dogs of the Dow methodology used by traders in the Untied States to select high yielding underperforming stocks So decide on your selection criteria and add some of these stocks to your Christmas hamper Additionally keep a watchlist of these stocks so that you can start accumulating if there is a pullback in the first quarter of the New Year Wishing you all a Merry Christmas from the D2MX Advisory Team and we trust that Santa Claus delivers you exactly what you want for Christmas and we will return in the New Year Bonus For trade ideas and recommendations on how to trade in this market sign up for a free trial of the D2MX Daily Trading Report which provides a daily serving of insightful market analysis from the D2MX Advisory team including Trade ideas and strategies Dividend enhancement strategies Market scans to watch International market analysis and Highlights from the S P ASX 200 To request an obligation free trial call 1300 610 024 or email advisory d2mx com au Michael Hevern Investment Adviser D2MX 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 D2MX Pty Limited

    Original URL path: http://blog.traderdealer.com.au/page/3/ (2013-02-02)
    Open archived version from archive

  • 2013 January | Online Stockmarket Trading Update - Part 2
    is obliged to pay for spending it has authorized Of the 52 S P500 companies that have reported 34 have exceeded expectations The Dow Jones closed up 0 6 at 13 596 the S P 500 index up 0 6 at 1 480 the Nasdaq ended up 0 6 at 3 136 and the smaller cap Russell 2000 was up 0 9 European Markets European stock markets gained the most in a week with the gains led by the retailers as increased revenue and better than expected US housing starts The Europe Stoxx 600 was up 0 6 for the session recovering from early losses as trading volumes were up 7 above the monthly rolling average The index is up 2 9 for the year The three benchmark indexes all ended higher for the session up over 0 6 after struggling for direction early Traders shrugged of the news fomr the World Bank that it had cut its global growth forecast for this year to 2 4 percent citing austerity measures high unemployment and low business confidence likely to weigh on economies in developed nations down from last year s forecast of 3 percent and after global growth of 2 3 percent in 2012 In London the FTSE 100 was up 0 5 at 6 132 in Germany the DAX closed up 0 6 at 7 735 while in France the CAC closed up 1 0 at 3 744 and Spain closed up 0 6 Asian Markets Asian stock markets dropped again yesterday but the regional benchmark index is still trading around levels not seen since August 2011 The MSCI Asia Pacific Index fell 0 7 but the index is still on track to extend its rally for a third consecutive month on the back of news that showed the Chinese economy is recovering and Japanese shares gaining after the new leadership promoted a new stimulus package In Japan shares found support after pulling back 2 6 in the previous session its biggest session fall since last May This market has had a stellar run of nine straght weeks higher and is still trading around 32 month highs after the Bank of Japan BoJ Governor Masaaki Shirakawa said the central bank will pursue powerful monetary easing Chinese shares extended their losses in the session after a report showed the nation s foreign direct investment declined for the first full year since 2009 as economic growth slowed and manufacturers relocated to markets with cheaper labor China will release GDP figures today and with the Chi nese gross domestic product expected to rise 7 8 from a year earlier in the final quarter of 2012 up from 7 4 growth in the third quarter according to the median forecast of economists surveyed by Bloomberg In China the SSE Composite down 1 1 at 2 248 while in Hong Kong the Hang Seng Index closed down 0 1 at 23 339 and in Japan the Nikkei 225 Index was up 0 1 at 10 609 South Korean KOSPI closed down 0 2 for the session Commodities The Dollar Index was at lower 79 68 on a higher Euro while the Australian Dollar last traded lower at 1 055 Commodities prices traded higher For the session the Benchmark crude NYMEX for December delivery was up 0 9 settled at US95 17 Copper prices are looking for key support level as Copper for December delivery was up 1 5 at US3 6595 while December Gold was up 0 2 or US3 60 at US1 686 60 ASX News Today BLD Boral the building products maker will cut 700 people from its workforce with most of the reduction coming from its head office is in Sydney FMG Fortescue Metals decision to walk away from a deal to invest in a small unconventional gas exploration company in WA could be the result of rising iron ore prices ILU Iluka Resources the mineral sands miner has generated nearly one third less revenue in 2012 than the previous year as Chinese demand and prices plummeted QAN Qantas says travellers will soon know how much it will cost to fly on a combined Qantas Emirates network after their alliance received interim authorisation from the competition watchdog RIO Rio Tinto says 14 billion in writedowns loom and announced the resignation of Tom Albanese STO Santos the oil and gas company is on track to meet its 2013 production forecasts after enjoying a 10 percent rise in 2012 WPL Woodside Petroleum has achieved a record 2012 production result and hopes to do even better this year as it develops more projects overseas Ex dividend Date None Market Summary ASX to open higher US UK Europe higher US ADRs Broadly rebounded By Michael Hevern D2MX Investment Advisor For Buy and Sell recommendations on ASX listed companies register for a FREE trial of FREE trial of D2MX Financial Research Tags Asian Markets ASX ASX News Business News Commodities Crude Oil European Markets Ex Dividend gold price Nasdaq Stock Market Analysis stockmarket trading US Market wrap Posted in ASX Company News Morning Wrap Stock Market Analysis No Comments Stock Market Analysis Markets Weaken Due To Slowing Global Growth Forecast Thursday January 17th 2013 US stock markets were under pressure overnight but rebounded from early losses European stock markets ended flat for the session overnight as the World Bank cut its global growth forecast Asian stock markets generally dropped yesterday Commodities prices were lopwer Gold prices are trading around US1 679 while crude oil closed around US94 The Australian market is looking to open lower today as stock prices fell in the US and the European markets overnight as the World Bank cut its global growth forecast The markets are being driven by US earnings season is underway with a number of major financial companies reporting this week while the impending debt ceiling and the technology sector are weighing on sentiment Remember it is index options expiry today so expect volatility on the open The SPI Futures is trading above the key level of 4600 ended up 0 2 or 8 points at 4713 The key levels for our index this week are 4670 to 4730 See below for ASX listed companies in the news today US Markets US stock markets were under pressure overnight but rebounded from early losses caused by the World Bank downgrading global growth forecasts The three benchmark indexes all ended higher for the session except for the Dow Jones Index The S P50 index is up nearly 9 from its November lows and is trading around 5 year highs The S P500 sectors ended in the red except for technology and energy sectors up around 0 4 while the laggards were led by the materials and industrial sectors down over 0 4 Near term investors are focusing on corporate earnings but the impending debt ceiling needs to be resolved in February President Obama warned Republicans in Congress not to use the need for a debt limit increase to force through new spending cuts and insisted he will not negotiate on raising the debt ceiling because the US is obliged to pay for spending it has authorized Of the 36 S P500 companies that have reported 28 have exceeded expectations The Dow Jones closed down 0 2 at 13 511 the S P 500 index up 0 3 at 1 472 the Nasdaq ended up 0 2 at 3 117 and the smaller cap Russell 2000 was down 0 3 European Markets European stock markets ended flat for the session overnight as the World Bank cut its global growth forecast The Stoxx 600 was down 0 1 for the session recovering from early losses as trading volumes were up 20 above the monthly rolling average The index is up 2 3 for the year Across the region the mining sector weighed on the markets Stock prices fell early after the World Bank cut its global growth forecast for this year to 2 4 percent citing austerity measures high unemployment and low business confidence likely to weigh on economies in developed nations down from last year s forecast of 3 percent and after global growth of 2 3 percent in 2012 In London the FTSE 100 was up 0 2 at 6 103 in Germany the DAX closed up 0 2 at 7 691 while in France the CAC closed up 0 3 at 3 708 and Spain closed down 0 2 Asian Markets Asian stock markets generally dropped yesterday but the regional benchmark index is still trading around levels not seen since August 2011 The MSCI Asia Pacific Index fell 0 7 but the index is still on track to extend its rally for a third consecutive month on the back of news that showed the Chinese economy is recovering and Japanese shares gaining after the new leadership promoted a new stimulus package In Japan shares pulled back 2 6 its biggest session fall since last May This market has had a stellar run of nine straght weeks higher and is still trading around 32 month highs after the Bank of Japan BoJ Governor Masaaki Shirakawa said the central bank will pursue powerful monetary easing Chinese shares fell after a report showed the nation s foreign direct investment declined for the first full year since 2009 as economic growth slowed and manufacturers relocated to markets with cheaper labor In China the SSE Composite down 0 7 at 2 309 while in Hong Kong the Hang Seng Index closed down 0 2 at 23 357 and in Japan the Nikkei 225 Index was dopwn 2 6 at 10 600 South Korean KOSPI closed down 1 2 for the session Commodities The Dollar Index was at higher 79 80 on a lower Euro while the Australian Dollar last traded higher at 1 057 Commodities prices traded lower For the session the Benchmark crude NYMEX for December delivery was up 0 9 settled at US94 17 Copper prices are looking for key support level as Copper for December delivery was down 0 6 at US3 617 while December Gold was down 0 3 or US4 30 at US1 679 60 ASX News Today BBG Billabong shares eased a day after the stock rallied 16 percent as traders braced for a potential bidding war for the troubled surfwear company BLD Boral the building products maker will cut 700 people from its workforce with most of the reduction coming from its head office is in Sydney CTY Country Road expects total group sales to have increased by 50 percent in the half year ending 31 December 2012 after the acquisition of fashion retailer Witchery and accessories brand Mimco in August FMG Fortescue Metals decision to walk away from a deal to invest in a small unconventional gas exploration company in WA could be the result of rising iron ore prices NAM Namoi Cotton shares surged after it agreed to partner with global commodities company Louis Dreyfus in a deal that will deliver it more than 34 million QAN Qantas says there is no change to its order of 15 Boeing 787 aircraft after Japaness Airlines grounded all their Dreamliners following a series of incidents in recent days RIO Rio Tinto says predictions of falls in iron ore prices should not impact it posted record annual production and indicated its massive expansion plans are on track STO Santos will release its fourth quarter production report today Ex dividend Date Katana Capital Market Summary ASX to open lower US UK Europe lower US ADRs Broadly eased By Michael Hevern D2MX Investment Advisor For Buy and Sell recommendations on ASX listed companies register for a FREE trial of FREE trial of D2MX Financial Research Tags Asian Markets ASX ASX News Business News Commodities Crude Oil European Markets Ex Dividend gold price Nasdaq Stock Market Analysis stockmarket trading US Market wrap Posted in ASX Company News Morning Wrap Stock Market Analysis No Comments Stock Market Analysis Global Markets Ease Focus Is On Asia In 2013 Wednesday January 16th 2013 US stock markets ended just in the green overnight after rebounding from early losses European stock markets eased for a fourth session overnight Asian stocks generally rose yesterday with the regional benchmark at levels not seen since August 2011 Commodities prices were mixed Gold prices are trading around US1 678 while crude oil closed around US93 The Australian market is looking to open lower today as stock prices drifted in the US and the European markets overnight The markets are being driven by US earnings season is underway with a number of major financial companies reporting this week while the impending debt ceiling and the technology sector are weighing on sentiment The SPI Futures is trading above the key level of 4600 ended down 0 1 or 6 points at 4686 The key levels for our index this week are 4660 to 4700 See below for ASX listed companies in the news today US Markets US stock markets ended just in the green overnight after rebounding from early losses The three benchmark indexes all ended flat for the session but the S P50 index is up nearly 9 from its November lows and is trading around 5 year highs while the Dow Transportation index was up 0 7 and is at record highs The S P500 sectors ended in the green except for technology which was down 0 7 while the gains were led by the financials industrials and consumer staples sectors all up over 0 3 Near term investors are focusing on corporate earnings but the impending debt ceiling needs to be resolved in February President Obama warned Republicans in Congress not to use the need for a debt limit increase to force through new spending cuts and insisted he will not negotiate on raising the debt ceiling because the US is obliged to pay for spending it has authorized The Dow Jones closed up 0 2 at 13 534 the S P 500 index up 0 1 at 1 472 the Nasdaq ended down 0 2 at 3 110 and the smaller cap Russell 2000 was up 0 1 European Markets European stock markets eased for a fourth session overnight as a report showed weaker than expected German growth which offset Spain s better than targeted sale of debt The Stoxx 600 was down 0 1 for the session as trading volumes week up 17 above the monthly rolling average The index is up 2 3 for the year Across the region the technology sector weighed on the markets In economic news the Federal Statistics Office in Wiesbaden in a preliminary report said the German economy probably shrank in the final quarter of 2012 and Gross domestic product GDP may have dropped as much as 0 5 percent from the third quarter In 2012 German growth slowed to 0 7 percent down from 3 percent the previous year While in Spain the Treasury which set an upper goal for the sale of EUR5 5 billion sold EUR 5 75 billion worth of 12 month bills at an average 1 472 percent compared with 2 556 percent in December In London the FTSE 100 was up 0 1 at 6 117 in Germany the DAX closed down 0 7 at 7 675 while in France the CAC closed down 0 3 at 3 697 and Spain closed down 0 4 Asian Markets Asian stocks generally rose yesterday with the regional benchmark index trading around levels not seen since August 2011 In Japan shares continued their stellar run of nine straght weeks higher and are now trading around 32 month highs after the Bank of Japan BoJ Governor Masaaki Shirakawa said the central bank will pursue powerful monetary easing The MSCI Asia Pacific Index rose 0 3 as the index extends its rally for a third consecutive month on the back of news that showed the Chinese economy is recovering and Japanese shares gained on speculation new Prime Minister Shinzo Abe will pursue more aggressive policies to stimulate the world s third largest economy Data is indicating that the Chinese slowdown is bottoming In China the SSE Composite up 0 6 at 2 325 while in Hong Kong the Hang Seng Index closed down 0 1 at 23 264 and in Japan the Nikkei 225 Index was up 0 7 at 10 879 South Korean KOSPI closed down 1 2 for the session Commodities The Dollar Index was at higher 79 73 on a lower Euro while the Australian Dollar last traded higher at 1 056 Commodities prices traded mixed For the session the Benchmark crude NYMEX for December delivery was down 0 8 settled at US93 37 Copper prices are looking for key support level as Copper for December delivery was up 0 1 at US3 635 while December Gold was up 0 6 or US9 50 at US1 678 ASX News Today AIX Australian Infrastructure Fund AIX on Tuesday voted to sell its holdings in its airport assets to the federal government s Future Fund BBG Billabong s US suitor says the embattled Australian surfwear company presents a good opportunity to expand its action sportswear lines LEI Leighton the construction company has won a 200 million contract to build a head office for energy explorer Esso in Papua New Guinea RIO Rio Tinto lifted global iron ore production by four percent to a record 253 million tonnes in 2012 better than expected SEK Seek the online job ad company is increasing its stake in Chinese employment website Zhaopin as it continues a global expansion TCL Toll road operator Transurban has lifted its revenue in the first half of FY13 due to increased traffic on its roadways TOL Toll Holdings has revealed a possible cost of NZ19 million from its battle with the New Zealand Inland Revenue Department IRD over the use of optional convertible notes OCNs to shuffle trans Tasman income Ex dividend Date None Market Summary ASX to open

    Original URL path: http://blog.traderdealer.com.au/2013/01/page/2/ (2013-02-02)
    Open archived version from archive



  •