The ASX 200 has finished the day up 50 points to 7864, regaining most of what was lost on Friday. Energy overtook Materials as the best performing sector following news of the Iranian president's fatal helicopter crash. Brent has spiked to $84.40 and is now up 4% since its low last Wednesday. WDS and STO…
We all have a lot of trouble buying stocks that have gone up a lot and selling stocks that have gone down a lot. If that’s you then I regret to inform you that you are being affected by a well-established financial concept that only affects soft brained investors. It is called “Anchoring”. Anchoring, also…
There's not much to report overnight. Not much coming up next week. Nvidia results are about as exciting as it gets (next Thursday). A good week last week. Record highs in the US. We are fully invested in our Strategy and Income Portfolios and are trying not to catch the top getting re-invested in the…
THE WEEK THAT WAS A good strong week. Plenty of column inches on the Budget, which was a yawn. The biggest change was a $300 power bill voucher. We knew almost everything else well in advance. Then the two parties decided to argue about who could cut immigration the most before the Business Council waded…
There are a number of ways to approach the glorious game of stock picking. Let me tell you what you already know, there is no Holy Grail and I get particularly irritated with the quotation, adulation and promotion of Warren Buffet. The idea that you can do it “The Warren Buffett Way”. It is my contention…
Many investors have been brainwashed by decades of smarter than thou finance participants telling them value investing is the be-all and end-all of making money in stocks. I'm afraid to tell you that it is not so. Value is only one share price variable, and it's not a terribly good one. This is the standard stock valuation formula.…
SUMMARY PLS finds a bit of support at the $3.96 level. A note on stop losses. SQ up a touch in the US. Bitcoin down 1%, holds onto most of its gains from the previous session. No change to LNAS. Raising ORI stop loss to $18.13. Still on standby for ALL. Got away from us…
A bit of a rant on AI today – its not the Messiah.
ASX 200 fell 67 points to 7814 (-0.9%) as broad-based losses after a huge run yesterday. Index up 0.84% this week. Banks eased back despite an 8.2% run in BEN after results beat expectations. The Big Bank Basket fell to $210.47 (-0.6%). MQG dropped 1.3%, and other financials under pressure. Insurers slid, QBE down 1.5%…
ASX 200 overdid it yesterday. Rate cuts hopes return after Employment numbers yesterday. Banks bonanza continues. CBA all-time high. Next week’s Dairy – light on. Education Corner – The Problem with Warren Buffett.
