The positive trade outcome at the recent G20 meeting and dovish comments by US Federal Reserve Chairman Powell are both important catalysts for a rally in Asian markets into the year-end and early 2019. So for our Livewire Christmas Cracker, we are taking a look at a very attractive buying... Show More
I have just returned from Fidelity’s annual bespoke Silicon Valley bus tour, where the team has spent time with 26 companies and their top management. Despite all the market noise around the recent NASDAQ sell-off, this trip has provided confirmation that the pace of innovation coming out of this part... Show More
While ‘technology’ was once a distinct industry, today there is technology in every business and every sector globally. Being a successful investor in this environment means buying businesses that can stay ahead of the curve, explains Garry Laurence, Portfolio Manager at Perpetual Limited. He shares the example of Nasdaq; while... Show More
The Nasdaq Composite index has completed a technical top formation / closed below key support which has generated a technical sell signal. The index technical outlook has turned negative. The minimum downside target is located at 5810. Show More
The Nasdaq Composite index is overbought and is located near key resistance of the long-term upward trend channel that originated in 2008. It is now also located at overbought levels on a momentum / RSI basis which is reason for caution relating to the sustainability of the current rally. Show More
The Eurostoxx50 index generated a technical sell signal on 13/6/16 at 2853. The further sell off last night resulted in the minimum downside target located at 2700 being reached. The index technical outlook remains negative given there is no sign of base forming emerging. The declines that have occurred over... Show More
The Dow Jones generated a technical sell signal at 17,732 on 13/6/16 (on the same day as the key European indices generated sell signals). On Friday night, the S&P500 and Nasdaq indices both completed technical top formations / closed below key support levels which activated technical sell signals. The downside... Show More
The three key US indices have generated technical buy signals in rapid succession. The S&P500 and Dow Jones generated buy signals last night and the Nasdaq generated a buy signal on 15/9/15. This is a strong positive momentum indicator for the US market outlook. Show More
Just over a week ago the view was expressed that the risk remained for a renewed sell off on the Australian market. This secondary pullback eventuated, and was a key requirement if technical base forming is to ultimately occur. The ASX200 index originally generated a technical sell signal at 5833... Show More
During June, it was highlighted that given major global index sell signals had been generated in rapid succession, it indicated that the global stockmarket trend / momentum had turned negative, and flagged that a major turning point had occurred. Show More
Good Morning, Markets have largely been weak over the past few days, mainly due to weakness in commodities (iron ore, copper at 6 year lows, gold at 8 year lows, oil at $48.00/barrel. However, it will be the AUS reporting season that kicks off next week, which will really be... Show More
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The search-engine giant added $65 billion to its market capitalization on Friday, more than the size of Hewlett-Packard Co. “The surge, following earnings that topped analyst estimates, is the biggest one-day gain in value ever for a U.S. company, according to data compiled by S&P Dow Jones Indices. Apple Inc.... Show More
The release of BlackBerry’s (TSX:BB) pager in 1999 followed by its first smartphone in 2000 revolutionised the corporate world. Allowing busy professionals to check their email when away from their desks, BlackBerries became so popular that they spawned the nickname ‘CrackBerries’. Between early 1999 and mid-2008 BlackBerry’s shares had increased... Show More
Most Australian investors know that the Australian equity market is top heavy with financial and resources stocks. As a result, if either of these important industries is performing well, there is a decent chance that the Australian equity market will be performing well too. Meanwhile, however, the Australian equity market... Show More
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Billionaire Carl Icahn is a known Apple bull, but his assessment on what the world’s largest public company should be trading at is still jaw-dropping. Icahn believes the stock should be trading for $240 a share or 18x projected 2016 earnings. Keep in mind, the shares are currently trading at... Show More
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