The Hindenburg Omen is another technical indicator that has been talked about a lot in the media recently. This indicator looks at data from the New York Stock Exchange so it may be more relevant for the US markets. More information on how this indicator is calculated can be found in Wikipedia.
This indicator has a [...]
I have covered a number of my favourite sources of fundamental information in the first three posts in this series so today I would like to cover sources of “non-fundamental” information which include technical and sentiment analysis. Technical analysis involves looking at price charts, technical indicators like volume, moving averages, Fibonacci retracement levels, and Moving [...]
Investors need to keep up with the financial news which may affect their investments. With the internet, it is now very easy to get breaking news, literally seconds after it happens on the many free finance news portals. My favourite international news portal would be Bloomberg. I normally check the Bloomberg headlines and key US [...]
In Part 2 of this series, we continue with more of my favourite sources of fundamental information. Another book that has greatly increased our understanding of what to expect in the future is Harry Dent’s The Great Depression Ahead: How to Prosper in the Debt Crisis of 2010 – 2012. He bases his predictions for [...]
I remember first hearing about the US subprime crisis around July 2007, three years ago. At that time we had no idea of its implications – was it a small problem that would be quickly resolved or the beginning of something much bigger? As new SMSF trustees, I remember feeling very fearful about what the [...]
I have been tracking the Shanghai Composite Index on this blog since August 2009, when it made a sharp 20% correction. When I last looked at the Shanghai Composite Index on December 22, 2009, it looked like it was on the verge of breaking the long-term up trend line that started from November 2008. It [...]
I must admit I was a little skeptical when I was invited by ino.com to trying out their suite of tools for traders, which they felt would be useful for readers of this blog. My initial thoughts were that their tools are probably not going to be applicable because
SMSF trustees are long term investors, not [...]
Watching the stock market action in the past week for me has been more exciting than watching the Australian Open. The most “entertaining” market is none other than the venerable DOW (see chart above) which comprises of the 30 largest companies in the US. Just one day after making a new high, the index fell [...]
After the spectacular stock market rally of 2009, even the most bullish analyst is not expecting an encore of this performance in 2010. The more optimistic forecasts are for a 10-20% increase but the odds are higher for stocks to go sideways or down in 2010. There is still a lot of uncertainty if the [...]
I am sure no consumer likes to pay commissions for the financial products we buy. Unfortunately, the financial product providers have no choice but to pay commissions to provide incentives for financial advisers to recommend their product. Last weekend, we had drinks with one of Kingsley’s good friends who works for a fund management company [...]