Nickel’s Price Chart Gives Me Goose Bumps
I have to admit that nickel’s chart gives me goose bumps, and I am relieved that I was not on the wrong side of the market during the severe correction that started in 2007. Unlike other metals such as gold, nickel has only industrial use, and its price movements are more aligned with its fundamentals….
Australia’s Role In The Golden Age Of Gas
Natural gas has become even more desirable after the Australian government unveiled a plan to pass a carbon tax, which should boost demand for natural gas, since natural gas is a cleaner source of energy than coal. The last International Energy Agency (IEA) report paints a rosy picture for both supply and demand in coming…
Is Wesfarmers (WES) a safehaven in troubled times?
Wesfarmers has for years defied contemporary business logic by continuing to perform as one of the world’s most profitable conglomerates. Decades ago, the idea of individual companies diversifying their income streams by acquiring unrelated companies was in favor. In a rush to get in on the game, many large corporations went on acquisition binges. Like…
BROKER BUYs: upgrades from brokers Australia-wide
OM Holdings (OMH) Closing price $1.025 Weekly change $+0.135 % change +15.1% Broker Calls Macquarie – BUY Euroz – BUY RBS – HOLD CHART Chart: Share price over the year to 08/07/2011 versus ASX200 (XJO) The decision by manganese business OM Holdings to cancel plans for a listing on the Hong Kong sharemarket is a…
Stock of the Week – wealth manager performing despite the crisis
Stock: IOOF Holdings Limited Stock code: IFL Share Price: $6.45 (as at close 17/06/11) P/E Ratio: 13.66 (Sector P/E 13.71) Market Cap: $1,482,000,000 Broker Buy Recommendations: Morningstar, $7.85 target (17th June 2011, share price was $6.45 that day) Patersons Securities (14th June 2011, share price was $6.46 that day) RBS Australia, $7.96 target (16th May…
Lessons from the Gurus – Peter Lynch
Of all the great investors throughout history, some feel Peter Lynch offered more simple and practical advice than any other guru. He started out as an ordinary mutual fund manager for Fidelity Investments, managing their Magellan fund. He started in 1977 and by the time he left the fund in 1990, he had achieved average…
Lessons from the Gurus – Sir John Templeton
If you search the Internet for history’s greatest investors, Sir John Templeton will surely be on the list. An American by birth, later in life he emigrated to the Bahamas and became a British citizen. In his early years he worked for a Wall Street investment firm but in 1937 he and a few…
Modern Gold-Digging: From Prospecting to Prospectus
After gold’s stellar run over the past decade from $275 to $1,500 an ounce, many investors who were slow to get on board are kicking themselves over missing the boat. However despite the recent volatility and a raft of downgrades to forecasts for commodities prices, many analysts are still gold bulls. HSBC analyst Jim Steel…
Why would I buy an ETF over a managed fund? What are the advantages of ETFs?
There are some major differences and advantages of ETFs over managed funds which investors should be aware of. The primary differences are summarised in the table below: Expanding on these characteristics: Risk Diversification – ETFs usually provide all the diversification benefits of traditional managed funds, providing an investor exposure to an entire index. The…
Randomness and the Stochastic Indicator
Trivia question: who said “If you visualise a rocket going up in the air – before it can turn down, it must slow down.’ I agree, it doesn’t sound extremely profound, mostly just common sense. However, the same person added: “Stochastic measures the momentum of price. Momentum always changes direction before price.” The author is…
