I love charts, particularly when they show one of my stocks going from bottom left…
Uranium is the talk of the town at the moment, with multiple stocks outperforming in a falling market…
In this episode, Marcus Padley is joined by John Abernethy, Founder and Chairman at Clime Investment Management (ASX: CIW).
Technical picture is pretty predictable today. Everything is going down. Except SNAS, BBUS, LNAS and BEAR.
It turns out that there is a large chunk of retiree investors that don’t care about the capital value of the shares they hold…
Making a loss? Can’t Sell? Read this and you will have sold before you get to the end…
Next week’s Stock Market Diary
Sell signals on the US markets. A couple of buy signals in Australia.
I have always admired Andrew Forrest’s courage and determination in taking on the big boys and turning the Cloudbreak ore body into a highly profitable mining business. It was an ore body that both BHP and RIO had passed over as too difficult to mine. Twenty years later under Fortescue it has the lowest cost of production of any iron ore mine in Australia and Fortescue is the fourth biggest iron ore producer in the world. Twiggy had hoped to use BHP’s rail and port facilities but when that was denied he built his own. Clearly, a man who knows where he’s going and is not going to be stopped.
Sell signals on Big Tech including NDQ, FANG. Sell signals now on the S&P 500 from overbought levels – IVV, SPY. URNM and ATOM getting more overbought (Uranium up 5% overnight). Other ETF sell signals – QLTY, QUAL, plus Japan and India.