Retirement Today – Predictions

Predictions. Predictions are everywhere. It’s that time of year. Weather predictions, political predictions and of course financial predictions. Foreseeing the future has been an obsession for the human race for centuries. At one time you might have been burned at the stake if you got it right. Now you just lose your reputation when you…

Trading Section

SUMMARY MQG hits resistance around $185. No action in the Ideas Trades. Oil has a big overnight rise, good for WDS. The CBA prints a weekly sell signal. GOR prints a daily buy signal, too early for a trade. MQG has hit resistance around $185 and come off the top. Short-term momentum has stalled. The stock is likely…

End of Day Report

ASX 200 bounces 75 points to 7421 (+1.0%) in a solid yet unexciting day really. Third weekly decline still, and down 77 points on the week. Banks led the charge up, with CBA hitting record highs up 0.7%. The Big Bank Basket up to $193.89 (+1.0%). MQG rallied 1.5% with insurers up as QBE rallied…