2020 is coming to an end. What a year it has been. It has been described as a hot mess, inside a dumpster fire, inside a slow-motion train wreck. Obviously, little has gone to plan. If someone at the start of 2020 was to tell you that you would spend the year inside your house,…
In 2003 I bought a million shares in a stock called Paladin (ASX: PDN) at 1.6 cents. I sold them two weeks later for 3.2 cents having doubled my money and pocketed $16,000. Heroic. Except for the fact that three years later Paladin hit $9.57. Hindsight is a terrible thing. Financially I was done and…
This excerpt is taken from Henry’s Take where Henry explores whether you should sell Polynovo (ASX: PNV) and buy Avita (ASX: AVH). In any market, you have to compare like with like. When you look at fruit, you hold the apple in your hand and compare it to all the other apples. No use trying…
Less than four weeks to Christmas. The commentators are already talking about the “Santa Claus Rally” which is when the market seasonally rallies into the New Year. It is a well-accepted market phenomenon, and there is some logic behind it. A lot of financial decisions are made by companies and individuals at the end of…
We use Omnitrader as our charting software. With software like this you can scan over 2000 stocks a day for any technical signal you like using stock standard formulas or any you might want to create uourselves. It is fully programmable. For instance you can scan the market to find RSI sell signals (as here),…
We have had a question about the best charting software on the Marcus Today Stock Discussion Group. Trading View is clearly one of the most popular. We asked AI what's the best trading platform?" It came back with this list: TradingView: TradingView is a popular web-based platform that offers a wide range of charting tools…
We all have a lot of trouble buying stocks that have gone up a lot and selling stocks that have gone down. 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 known as ‘focusing…
I once had a holiday job with Mercedes Benz in their International and Diplomatic sales show room in Green Park just opposite the Ritz in London. My job was to escort the guy who took the deposits to the bank. No big deal you might think but when the Ambassador of King Gotalotadosh from a…
This week a special ‘On the Couch’ with Chris Hall the CIO of Ellerston Low Volatility Income Strategy fund or ELVIS. The ELVIS Fund has been a consistent outperformer and is made up of between 30-40 mid to large cap stocks with a focus on delivering low volatility consistent income returns. For any member looking at ways…
