ASX200 continues steady advance
The ASX200 has continued a steady rise over the last month making May of 2016 a “hold and stay” rather than a “sell and go away”. The daily chart below of the ASX200 shows the steady advance from around 4910 in mid-April and right through May. The ASX200 has risen from below to above: the […]
When On Balance Volume falls over
As featured in the Herald Sun
Friday 27th May 2016.
By David McCulloch – Market educator and consultant to Share Wealth Systems
5 Common Financial Mistakes and HOW to Avoid Them
It’s normal to make a mistake or two as an investor – in fact it’s an essential part of the learning process. Because successful investing is often based on good judgment, even experienced investors fall prey to common sense errors now and then. While it’s unlikely you’ll make perfect decisions every time, understanding the typical […]
ASX200 reaches resistance
Whilst the chart of the ASX200 shows that a technical resistance zone has been reached there may be more good news that stalks behind the scenes and that belies the current poor economic news of a waning China that fills the airwaves. But first to the chart of the ASX200. In January and March I […]
Pros and cons of investing in an overseas market vs Australia
Have you ever wondered if the grass really is greener on the other side? Of course you have. Experienced and new investors all have the same drive when managing share market investments – to grow wealth. The hard part is figuring out how to best allocate your assets, and where to invest. Diversifying your investments […]
ASX200 not yet out of the woods
The first chart below of the ASX200 index uses two charting techniques, support and resistance zones and long term trend lines that form channels. The channel demarcated with red trend lines is an upward trending channel and the channel demarcated with black lines is a downward trending channel at an inverted gradient of the up […]
The ASX’s significant support zone has held… so far
It is two months since I last analysed the ASX benchmark indices for the Switzer Super Report when I asked the question, “will the ASX’s significant support zone hold?” At this stage, using a subjective ‘rule’ that I have observed over the last twenty years or so, I can report that the ASX’s significant support […]
Dividends – what are they?
A dividend is a sum of money paid to shareholders by some companies, that reflect the company’s earnings. Regardless of how a company’s stock price is performing, dividends provide shareholders with a steady return, as they are typically paid out quarterly or twice a year. Not all companies pay dividends, it is usually the more […]
A Quick Guide to Investment Housekeeping
How often do you review and assess your investment strategy? For many investors, the urge to act typically arises when there is heightened “noise” around the investment markets, with plenty of people offering predictions about the direction of share prices. Other investors wait for interim company results to be announced before taking action on their […]
Is BHP a buy yet?
The 32 year logarithmic chart below shows the channel in which BHP’s share price has moved over this period. The black median trend line shows the controlling gradient. The two outer bold red trend lines are the upper and lower channel lines and the thinner red lines are support and resistance trend lines reached along […]