Trading Tutors

Everything off to the Cleaners

Tom — Fri, 18 May 2012 00:04:18 +0000

Yes, it’s time for a spring clean – after all, it is the northern spring. But this current market easing has little to do with the European crisis – it really is just because markets were getting ahead of themselves – as Greenspan once said ‘irrational exuberance.” So let’s look at a few charts: Our [...]

Grinding On…

Lachlan — Thu, 17 May 2012 23:58:43 +0000

It’s been a gloomy week for markets across the globe. The local bourse has shed close to 5% and the Aussie dollar has slipped back to more palatable levels, at least for exporters, who will see this as a near-term positive for buyer demand. European nations continue to flounder, with a new French President not [...]

Aussie Dollar Under Pressure

Mat — Thu, 17 May 2012 23:50:28 +0000

As I write this article on Wednesday afternoon, 16 May (is that the date already?!), the Australian Dollar is trading at just under 99 US cents, some six cents lower than it was trading two weeks ago. In my last article for the Trading Tutors newsletter, I showed the weak signal offered by the Australian [...]

Bears in control for now

Aaron — Tue, 15 May 2012 02:13:36 +0000

Aaron Lynch from Safety in the Market examines the market activity after open on May 15th.

Anybody have a clue?

Tom — Fri, 11 May 2012 04:08:16 +0000

Does anybody out there have a clue about what is going on? Last week as I was writing, markets were going gangbusters and I had to step in and caution about a retreat and sure it came sooner than later and all the optimism of last week turned sour. They blamed it on elections in [...]

Westpac Meets New Resistance

Lauren — Fri, 11 May 2012 04:05:36 +0000

Over the past few months we have been enjoying a surge in price for Australia’s Westpac Bank (ASX:WBC) from lows of around $20 in February to $23 in May. Trading one and two day ABC setups would have brought in some nice profits. As WBC pushed through 50% of the 2011 bear range, it shot [...]

A European Landslide

Lachlan — Mon, 07 May 2012 04:04:29 +0000

At the beginning of his presidency, no one would have thought Nicholas Sarkozy would have such an impact on global markets. Today, as he is ousted from French presidency, global markets dive over concerns of his successor. So much, in fact, that Asian markets are looking at their worst session in more than six months! [...]

The Great US Rebound

Lachlan — Fri, 04 May 2012 01:42:50 +0000

US Markets retreated slightly today (2 May) following a minor fall in new jobs for the month and higher European unemployment. A big-picture view, however, indicates that major US economic bellwethers – housing and stock markets – are experiencing a robust recovery. click to enlarge Sure, business is not what it used to be and [...]

Australian Dollar Lower As Federal Budget Approaches

Mat — Fri, 04 May 2012 01:39:37 +0000

The Reserve Bank of Australia (RBA) made a surprise decision to cut the overnight cash rate by one half of one per cent on Tuesday this week. The interest rate cut will not be the only major piece of economic news for May, with the Federal Government releasing their 2012/13 budget next Tuesday, May 8. [...]

Great run but…

Tom — Fri, 04 May 2012 01:36:21 +0000

We are nearing a high – and maybe it is time to think about reviewing your positions. All of this depends on when you bought, your view of the weeks and months ahead and many other factors. I am not saying the market is going to fall out of the sky but I am not [...]