The last broad participation bull market that Australia had was 20 years ago……change my mind. The chart below is of the number of cumulative new highs-new lows for the All Ordinaries Index. As you can see the last defined upswing with broad participation was in 2003/07. Interestingly this was also a period when the local…Details
Part of the difficulty in trading is deciding upon which universe to allocate your time effort and capital to. Select the wrong universe and it doesn’t matter how good you consider your trading system to be your results will always be suboptimal. The data below shows the value of $1 invested in a variety of…Details
Ever wondered if it’s worth putting in the effort to create a long-term portfolio? We’ve got you covered. Take a closer look at the pros and cons of long-term investing. Whether you’re a newbie or a seasoned investor, this could make a big difference in your financial journey.Details
This is currently what my daily daily system sees.
There is actually a bit more discontinuity than I thought there would be.
With monotonous regularity, I will see a financial planner or broker put up a chart such as the one below and then loudly proclaim that you never have to worry just buy things and hang onto them because the market always goes up. However, this does raise the question of what exactly drives the market…Details
Recently my spam filter caught an email extolling the virtues of covered call funds. I have been aware of these sorts of funds for a while but have never paid them much attention for reasons that will become apparent in this piece. The website I referenced defines a covered call ETF as the following –…Details