Analysis & Opinion

Go With the Flow Using Elliott Wave

Elliott Wave (EW) principle has a tarnished reputation among traders because it has been misunderstood and misused. Unlike a simple moving average (SMA) generated using charting software-for example SMA is calculated by summing the closing prices and dividing the sum by the number of periods-Elliott Waves cannot be reliably plotted by a computer. Therefore, the…

SECTOR SCAN: Consider Green Stocks For Tomorrow’s Gains

Green stocks. Or, alternative energy companies. Hot rocks. Solar, waves and wind. All possibilities, all listed companies to take a chance on. The alternative energy story centres on potential, as there’s not much to talk about in the way of earnings. Equities analyst Steven Hing says alternative energy companies deserve much more than a passing…

YOUR PORTFOLIO: Diverse Resources Stocks To Spread Risk/Reward

The Japanese earthquake was the catalyst to sell stocks, according to resources analyst Gavin Wendt, of MineLife. Prior to the earthquake, Wendt says global financial markets were already jittery amid civil war in Libya, Middle East tension, continuing European debt woes, rising oil prices and fears of an inflation outbreak. “But the Japanese catastrophe was…

Will the ERA sell-off continue?

Stock: Energy Resources of Australia Stock code: ERA Share Price: $7.76 (as at Friday 1st April, 2011) Broker buys:  Alto Capital (28/3/2011, share price was $8.31 that day) Chart: Share price over the year to 01/04/2011 versus ASX200 (XJO) The expression “timing is everything” must still be ringing in Phillpe Jabre ears.  The $6 billion…

Best/worst performers in a rising A$ market

With around 30 percent of listed company earnings sourced overseas, a 10 percent rise in the Australian dollar would typically cut earnings by around three percent. But due to a myriad of factors, none the least being hedging structures, offsetting revenue and input costs, the correlation between the Aussie dollar and share price movements has…

Ten Internet and IT Stocks To Watch

It has been a long road since Y2K and the Dot Com boom and bust, but the IT and internet sector is starting to gain traction again with a number of companies reporting solid profits and dividends. Expecting to benefit from a notable uplift in information technology (IT) spending by state and federal governments, plus…

CANSLIM Investing – Does It Really Work?

Last week we introduced the CANSLIM investing strategy, pioneered by American investment guru, William O’Neil.  Although it truly is a valid investing strategy for growth stocks, it is controversial to some who see O’Neil’s organisational support in the publication Investors Business Daily and at Investors.com as blatant efforts at commercialising the system.  Somehow, investment gurus…

Oil Search Limited – The Growth Story Behind The Numbers

Behind many puzzling numbers one encounters in life, there lies a story.  Several weeks ago in an article about Benjamin Graham’s Seven Tests on Finding Safer Shares, we found an unexpected PE Ratio in the shares of Australian energy company, Oil Search Limited. The PE for the ASX energy sector is 21.5, yet the PE…

Taking the pulse of the healthcare sector

The variety of subsectors in the healthcare sector, from hospitals to biomedical technology to pharmaceuticals – just to name a few – makes it difficult to generalise about ‘healthcare’ as an investment pick. Within the sector, there is opportunity to invest defensively, to target value, and to gamble on the potential for tremendous growth in…

Bear of The Week – 27th March 2011

Stock: Macmahon Holdings Limited Stock code: MAH Share Price: $0.575 (as at Friday 25th March, 2011) Broker sells:  Novus Capital (14/3/2011, share price was $0.54 that day) State One Stockbroking (14/3/2011, share price was $0.54 that day) Chart: Share price over the year to 25/03/2011 versus ASX200 (XJO) A common theme for so many companies…