The case for a rally is building but there are those who think another correction could follow that. On the other hand, some ‘experts’ see the market going up around eight to nine per cent by year’s end. The simple story is that no one knows but so long as you have a long-term approach […]

After stocks had a rough day at the office, in the final hour the major US indices ended up positive, which was a pretty good effort considering some unsettling news on the economy has started to worry some investors. Remember one of the underlying bets going on in investors’ and traders’ minds is the strength […]

If the market’s reluctance to rise and its recent tendency to dive is stressing you out, don’t worry — there might be a stress relief market mover on the way. And if it works out, it could be the catalyst for the rally that lies ahead. The promise of a market maker, which could, if […]

Wall Street gave into the positive vibe with stocks rallying on better European debt news and then the technicals took over. But the big question is, can it last? The news I like to read early in the morning is that the euro went up against the US dollar. When the euro goes up and […]

For public holiday revellers, there have been two days of Wall Street we need to review to get a feel for what might happen today on our markets. Friday’s Dow Jones close was a 38.54 rise to 10,211.07 but it lost 20.18 points this morning and you can blame bad news flow and a couple […]

As if willed by a desperate optimist like yours truly, Wall Street has turned on a dime and headed up. And it was good economic news that helped the market move higher. The 2.76 per cent jump in the Dow Jones — that’s 273 big points — and the two per cent plus rises in […]

OK, Wall Street couldn’t deliver a positive outcome but the fact there wasn’t a rout on the US stock market is a good sign. You have to remember the flow of news is to the negative with ratings agencies such as Fitch inadvertently — I hope it is inadvertent! — making life easy for short-sellers […]

We needed a Wall Street relief rally and it turned up on cue but now we have to see some consolidation so a base is built to unwind the correction. As I have said before, we have to see the positives of the US recovery out-punch the negatives coming out of Europe. But wait, there’s […]

The resource super profits tax is a big deal for Australian investors and our political parties as well as their enamoured supporters but it remains a sideshow to the real drivers or destroyers of stock market confidence and share prices. Regular readers know I’m not a fan of the tax in its current form as […]

The big news is that the Dow Jones index finished down below 10,000 and you can blame a disappointing US jobs report, which President Barack Obama had inferred was going to be good and people believed him, but that was only part of the story. The Dow lost 323 points of 3.2 per cent and […]

The banks copped a bagging in the Fairfax press and the charge is gouging which has delivered billions. But rather than complaining, maybe you can come up with a strategy that could turn this into a bottom line advantage. The allegation is that the big banks which have been crying poor because they are borrowing […]

The Australian stock market will be up today with Wall Street ignoring more Spanish bulldust with investors focusing on good economic news. And President Barack Obama helped by making comments that helped natural gas producers and the thrill seekers in the nuclear industry. Also US Treasury Secretary Tim Geithner made some sensible comments ahead of […]