ASX200 end of September

ASX 200 Ends the Month in Uninspiring Fashion

WEDNESDAY MID WEEK CATCH UP, 30th September 2020 The ASX 200 (ASX: XJO) has ended the month in uninspiring fashion as it oscillated between small gains and losses on Monday to close down 13 points. The banks slid back on some profit-taking after big moves last week on news lending restrictions would be eased.    Tuesday saw a similar pattern evolve; the market closed flat after early optimism evaporated. Another quiet day of indecision…  Wednesday saw the market down 64…

Read more

New Normal

I’m feeling just a little bit more optimistic for the first time in months.  There may be just a chink of light at the end of the tunnel.  If Victoria can get its house in order Australia might just achieve some degree of a new normality.  I know we can’t expect to return to the…

Read more

Super For The Long Term

‘Superannuation is for the long term’.  I wonder how many people react as I do to that statement.  I immediately have two reactions.  The first and most obvious is that at 82 with 83 approaching at an alarming rate there is no long term for me.  It’s a case of living for the day, week…

Read more

Petbarn

One of my daughters has been looking for a casual job and one came up at PetBarn yesterday packing online boxes. Her response was “I’d better apply before JobKeeper ends and everybody else starts looking for a job”. Clever girl. Getting ahead of the curve. The same applies in the stock market. Assume everything everybody…

Read more

Hello Stranger

It’s amazing how a simple and apparently insignificant thing can have such an amazing impact on life.  When Victoria declared mask wearing to be mandatory I thought that’s OK not a big issue if it helps solve the problem.  I had no idea how it would change things. Ever since working briefly in Libya and…

Read more
ASX director buying and selling

How To Track Director Buying And Selling

You can track Director buying and selling every day on the Market Index website – CLICK HERE – this gives you a daily list of directors transactions although you can click through on each code to see the history of directors transactions in any stock, or you can simply search a particular stock code at…

Read more
Warren Buffet's story related to Orangutans flipping coins

Stock Market Secrets: Orangutans

The concept for this article has been unashamedly stolen from Warren Buffet although it has been given an an Australian flavour. He expounded the US version in a speech in 1984 commemorating the fiftieth anniversary of the book Security Analysis by Benjamin Graham and David Dodd, the bible of value investing. He called his speech…

Read more