Andrew Page

When it comes down to a choice between technicals and fundamentals, technicals usually win out.

Last week I examined the performance of the Japanese market over the past 20 years and claimed that although the major indices have declined by around 69% in that time, the experience for long term investors would be substantially better provided even the most basic of principles were applied.

They say that one should always avoid speaking of politics and religion in polite conversation.

It’s been a gloomy week for markets across the globe. At time of writing the local bourse has shed more than 5% for the week, the US dollar is in decline and energy prices are on the rise.

If I could have a dollar for every time someone tells me the markets are about to turn, I’d be a rich man.

Moving averages have long been a favourite tool of technical analysts because of their simplicity and predictive power.

This week the Australian Central bank raised the official interest rate for the first time since March 2008.

Despite a lot of rhetoric over the so called ‘September effect’ most major markets around the world ended last month at or just below 12 month highs.

Yesterday’s ultimatum to Telstra by the Government certainly came as a big surprise and has many Australians wondering what this means for them.

There are a number of clichés associated with the various months of the year, and what we tend to observe on the market in those periods.