Resource sector volatility continues to fall. The measure in the chart (used in the PortfolioDirect investment report as a short term market direction...
John Robertson
PortfolioDirect
Resource sector volatility continues to fall. The measure in the chart (used in the PortfolioDirect investment report as a short term market direction indicator) is based on movements in the small resources share price index. As long as volatility is falling, there is usually upward pressure on prices. As a rule of thumb, peaks in volatility indicate buy signals and troughs indicate prices will start falling. Volatility is still falling but approaching the lower reaches of its historical range. A sharp turn may not necessarily follow. A prolonged period of low volatility such as occurred in the late 1990s is a strong possibility - and a key theme in our investment strategy - but this would also imply only moderate upward price pressure rather than a cyclical adjustment.
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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