A meteoric rise today from the starting gun. No looking back as a combination of strong overseas leads, steady Chinese market and continued short covering pre the reporting season helped things along nicely. We did lose 10 points at the closing match out so some caution ahead of Greek stock... Show More
Momentum in the index is starting to build as we have another go at 6000…overseas markets are leaping …fish are jumping and the cotton is high…hard to resist this…Two day meeting of the Fed will be crucial but it seems that China isn’t listening anyway as it marches ever higher…QE... Show More
The big question I am asked is ,when do we get out of banks and into resources?....to be or not to be..that is the question...more at http://beeksdownunder.com/2015/04/24/friday-24th-april-the-big-questionis-it-timeresources-v-banks-time-to-switch-sides/ Show More
Few thoughts on the Aussie market today and the Iron Ore rebound predicted by Joe Hockey!...http://beeksdownunder.com/2015/04/23/thursday-23rd-april-here-comes-the-sun-and-i-say-its-alright/ Show More
A bit of backing and filling to finish the week as the Iron Ore battles continue to dominate the headlines..BHP and RIO are on the verge of being called ‘Un-Australian’ as commentators and pollies come out swinging on their ‘dig it til they hurt’ policy…Fortescue once again joined the fray... Show More
Let’s face it guys ,the worlds’ second biggest economy growing at a rate of 7% ain’t too shabby…there are many countries that would give their eye teeth to be growing at half that!!Us included!!the stuff that dreams are made of…much has been made of the Chinese slowdown…but put it in... Show More
So close and yet so far…the rally died yesterday as Chinese numbers disappointed…let’s face it when the Asian markets are going gangbusters why bother with the ASX200(Shanghai up another 1.5% yesterday!!!!)…only really for locals at the moment and the theme of yield is still strong in this one Luke..read more... Show More
Few thoughts from the coal face!!http://beeksdownunder.com/2015/03/11/wednesday-11th-march-are-we-there-yetare-we-waaaaaaaaaaaaaaaaa/ Show More
Few thoughts for a Tuesday morning..http://beeksdownunder.com/2015/03/10/tuesday-10th-march-put-the-dummy-back-in/ Show More
Few thoughts on oil spills(and thrills) http://beeksdownunder.com/2014/12/11/thursday-11th-december-no-use-crying-over-spilt-oil/ Show More
Greece is the worst and the Bull in the China shop gets neutered!!http://beeksdownunder.com/2014/12/10/wednesday-10th-december-greece-is-the-worstand-the-bull-in-the-china-shop-gets-neutered/ Show More
More records falling as the rally continues..few thoughts on the market today http://beeksdownunder.com/2014/12/04/thursday-4th-december-another-night-another-record/ Show More
Are Coal and Oil just a few years apart ?Few thoughts on the market today!http://beeksdownunder.com/2014/12/03/wednesday-3rd-december-le-chat-est-mort-nest-pas/ Show More
Afternoon market report...http://beeksdownunder.com/2014/11/13/thursday-market-wrap-19/ Show More
Few thoughts for a Monday..http://beeksdownunder.com/2014/11/03/monday-4th-november-another-surprise-from-japan-as-boj-strikes-there-we-are-new-record-on-wall-street-and-so-it-came-to-be/ Show More
Friday on my mind!http://beeksdownunder.com/2014/10/31/friday-31st-october-so-closenext-week-then/ Show More
Few thoughts on Clowns today! http://beeksdownunder.com/2014/10/30/thursday-30th-october-send-in-the-clowns/ Show More
Morning sports fans,a few thoughts on global markets this morning.http://beeksdownunder.com/2014/10/28/tuesday-28th-october-oil-sinkstwitter-is-pining-for-the-fjords/ Show More
Few thoughts for a gorgeous Monday morning..http://beeksdownunder.com/2014/10/27/monday-27th-october-its-all-about-the-banksalways-is/ Show More
Morning sports fans...few thoughts this morning to keep you amused..http://beeksdownunder.com/2014/10/24/friday-24th-october-the-fomo-is-strong-in-this-one-luke/ Show More
dont go into Dick Smith then..that may change your view!
Suspect more to come...
might get rougher!!Corporate chicken with the government looks to be the go...government does nothing corporates go!
bad management in both cases...but they wont suffer..
lean and mean not fat and bloated..same could be said for the Howard Government too...just think of the opportunity wasted..a real sovereign wealth fund not just a civil servants retirement benefits fund..which now Costello will get more of!!!
I agree with Chris...this one is a buy...all the iron ore stocks have been whacked a bit due to china numbers but think its overdone especially when you look at the production numbers coming out of the Pilbara..November iron ore exports were up 24% on the previous year and grew another 8% in December on data released this morning.
airlines and TV stations are on my avoid list...best gauge is the quality of ads on the TV..but the audience for free to air is fading rapidly as the young eyeballs choose their entertainment media vastly differently to my generation!
crazy stuff..FOMO is rife...I find it riddiculous and unfortunately for my kids they will never own a house in Sydney until I die!!
that guy I met George would be the man
long time to go..but dotcom boom2.0
Why $85bn..why not round it up to $100bn ..would work more betterer..wouldnt it!