Trading Tutors: -ASX

The Story Continues

Tim Walker 5 Jun, 2009

When we last left Santos (STO:ASX) in Issue 309, it had suffered a significant sell-off in the aftermath of a 2-day trading halt due to a capital raising. The market was clearly oversold after falling 14.5% from the close of trading on 8 May to the close on 14 May. It then came back and made a first higher bottom on the 1-Day Swing Chart. I finished the analysis with the words, ‘this is yet again a time to watch this market carefully for a signal.’

Insuring Your Portfolio

Andrew Page 29 May, 2009

If the possibility of a market downturn has you worried, you might want to consider purchasing some insurance for your portfolio. Here I am referring to a process called ‘hedging’, which ensures that your downside risk is limited by purchasing a financial instrument that will offset any loss incurred in your portfolio.

Bring Back the Uptick Rule

Jordan Craw 29 May, 2009

What was the SEC thinking leading up to July 6th 2007? That is the day when the uptick rule - a rule in place since 1934 to help keep markets orderly - was removed. Famous Investor Lazlo Birinyi has been among those calling for its reinstatement for some time and is now joined by several members of US congress. It’s about time!

Banking Avalanche?

Tom Scollon 29 May, 2009

Banking executives, fund managers, investors, retirees watched a little nervously early this week as the short selling ban on Australian local banks was lifted. Was an avalanche about to happen?

Goings On

Tim Walker 22 May, 2009

In recent articles I have been illustrating some of the difficulties that a market can present in trading, and Santos (STO:ASX) has been giving more than a few of them lately! In Issue 305 I showed a weekly chart which had the market sitting on the mid-point of the range from the June 2008 all-time high and the October 2008 low. At the time, I said that we needed to wait for a signal from the market, either that it was going to hold above the 50% level or that it was going to head lower. Chart 1 updates this earlier chart.

Plan to take action

Aaron Lynch 20 May, 2009

Island reversal patters are powerful indicators in many markets. The notion that a gap in the markets price action is a guide to strength or weakness in a particular trend is well held by many technical analysts.

Need a Leg Up?

Noel Campbell 20 May, 2009

Welcome all our Safety in the Market traders to this month’s dedicated newsletter. While April proved a slightly tougher month for trading than March it still essentially provided more to the upside for the overall market.

Avoiding the Next Brisconnections

Jordan Craw 8 May, 2009

There has been quite a bit controversy in the press regarding Brisconnections in the last few months and for good reason, the situation really is astounding. What seemed like a safe, income stock to many retail investors was actually an instrument carrying huge liabilities.

What To Do When The Market Says No

Tim Walker 8 May, 2009

There is an old saying that the Stock Market spends 80% of its time working out where to go and 20% of its time getting there. The times when the market is preparing for a move are usually known as periods of 'accumulation' or 'distribution', depending on whether the coming move is to be up or down respectively. These 'beds of preparation', as they are also known, are characterised by sideways price action.

Can you pallet it?

John Jeffery 4 May, 2009

In the article entitled "Brambles - A Thorny Subject" I considered the usefulness of combining On Balance Volume and Bollinger Bands as a simple trading method.

Articles for: ASX