INVESTMENT SCAMS WARNING Scott Phillips (Motley Fool) has now had his imagery used in the same way Dominic Stevens (ASX CEO) has had his image used and abused in social media posts that show both of them inviting Australians to join a WhatsApp investment group guaranteeing 60% returns. It goes without saying that there are…
Urgency The talking heads in the media speak daily and react by the second. That is their gig. And because of their focus on each 'moment' they will always paint a picture of disaster when the market falls and a bubble when the market rises. They will also miraculously appear to be vastly more intelligent…
Broker Research Do I really have to explain this one. Most broker research is a cross between a marketing document and sucking up to the companies the research is written about, in the hope of a corporate relationship if one doesn't exist, or to service the existing relationship if it already does. The analysts aren’t…
Urgency The talking heads in the media speak daily and react by the second. That is their gig. And because of their focus on each 'moment' they will always paint a picture of disaster when the market falls and a bubble when the market rises. They will also miraculously appear to be vastly more intelligent…
TIME We are all flying through life. Busy busy busy. Important things to do. So very important. Can't talk, can't stop, can't go, can't come, can't make it, can't do it. Busy. We all have our own reasons. I write an average 6600 words a day, 250 days of the year. That's 1.65 million words…
ASX 200 lost another 40 points to 7716 (-0.5%) ahead of Fed meeting and US CPI. Once again, resources were the biggest culprits as iron ore remains under pressure, BHP fell 0.6%, and RIO off 1.5% with base metals falling, S32 continues to soften down 0.8%, and PLS falling 2.9%. Uranium stocks on the nose as…
Another down day as we await the US CPI this evening and the FOMC Meeting tomorrow morning
SUMMARY Oil stocks give up morning gains indicating buyers are staying on the sidelines. Still not time to buy. If it’s dug out of the ground chances are it fell over yesterday. A look today at the Iron ore giants. SUL in the headlines today. Share price recently bottomed. GUD breaks out of its pennant…
SUMMARY Not much to report. Apple up 7% keeps Big Tech going. Resources not looking good again today. Uranium our only exposure. Waiting for the CPI, FOMC and RBA. Interest rates getting boring. Australian Jobs numbers and Chinese CPI today. Education Corner – There are a lot of things that will waste your time. MARCUS…
TIME We are all flying through life. Busy busy busy. Important things to do. So very important. Can't talk, can't stop, can't go, can't come, can't make it, can't do it. Busy. We all have our own reasons. I write an average 6600 words a day, 250 days of the year. That's 1.65 million words…
