The Rum Rebellion analyses the Aussie stock market from a perspective you won’t get in the mainstream business pages. The Australian stock market is heavily influenced by the banking sector (financials make up around one-third of the index’s value) and the resource sector. While these are obviously important, there is plenty of stuff going on ‘under the hood’, so to speak. We seek to highlight these opportunities, as well as alert you to the danger signs.
To do this, we use charts in our analysis. A picture is worth a thousand words and a chart contains a wealth of information about a stock, sector or index as a whole. So on the days that we’re talking about stocks or stock markets, we’ll throw in a few charts to show you what we’re talking about.
More importantly, it’s not just about what we think. It’s about what the market is saying. Charts help you to cut through the noise and opinions and show you what is really going on in the markets.
Aussie stocks bounced strongly yesterday. The ASX 200 finished up nearly 1%. And overnight, US stocks had another good session, rising around 1% on — what else — hopes of additional stimulus! That should translate…
As you’re probably aware by now, an ‘inverted yield curve’ is the bond market’s way of saying there’s a recession a comin’. In this case, we’re talking about recession in the world’s largest economy…
Meanwhile, in Australia, I have to ask: Is this another sign that the market has peaked? Or is it just peak Magellan? By that I mean Magellan Financial Group Ltd [ASX:MFG]. From the December…
Good investors understand there is nuance in the market. What’s affecting one company in the retail sector may not impact others in the same way. That’s why I always consult the charts. They help to…
Stocks rose 311 points on the Dow yesterday. This is typical bear market action; sell-offs are followed by about a 50% bounce. If it really is a bear market, the buyers will regret it. They…
While markets may be experiencing a relief rally for now (US markets were up more than 1% overnight), keep your eye on Hong Kong. It could be the catalyst for the bear to really come…
Is this the start of the fear? The Dow and S&P both plunged nearly 3% overnight. The NASDAQ sank 3.5%. Yesterday, the ASX 200 fell around 2%. It could lose the same again today.
Pop the champagne everyone (or a valium, if you’re a bear) the Australian stock market finally did it! Yesterday, the ASX 200 closed at a new, all-time high of 6,845.1 points, up 0.3% on the…
I want to tell you about the Achilles heel of this economic bubble. It’s emerging world debt! Listen to my video today to find out why world debt may be the last straw to burst…
The fact remains that stocks are pricing in ongoing good times, while bond markets are pricing in anything but. My guess is that the view of the stock market will prevail for the time being,…