Articles for: Fundamental Analysis

It is a curious phenomenon of the human condition that we so often focus on effects rather than causes and we sometimes struggle with the idea that correlation does not imply causation.

After a substantial rally from the March low, US and Australian markets have recently lost momentum.

As it turns out, this was amazingly prescient, with the market rallying strongly between then and now.

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.

In my last article I noted that we could be approaching technical resistance in the S&P 500 and that I am paring back my long positions as individual charts begin to show weakness.

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

Looking back through articles from earlier this year How Sold Are We and A Standard Rally, it is clear I was initially skeptical of the March low and subsequent rally.

Attempting to calculate the ‘fair’ or ‘intrinsic’ value of a listed company is no easy task.