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Articles for: Australia
Day One snorkelling around the Whitsundays put paid to any honest intentions I had of doing some serious “markets” research!
Most Australians have a need to accumulate wealth for retirement. Surveys indicate that generally few people truly understand how much capital is required to retire in a life style to which they have been accustomed.
The Dow has been bound between 9000 and 9300 – give or take – for almost two months now hitting a low of 8999 during the week. It has been feigning a continuing rally, which so far has been thwarted.
Trading Tutors has a large number of readers who trade futures, so in response to many requests I am reviewing some futures markets to quickly scan for interesting emerging trends.
US “good news” economic reports arrived at the end of the weekend and the markets came off.
When considering the options market the trader faces the choice of either the local Australian market or the U.S. Options market.
The US markets partied big time last Friday showing no signs of wanting to ease up.
Company earnings season is well under way in the USA and generally reports have been well received by the “street”.
Even though the US market ran strongly on Friday there are doubts still lurking.
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