Articles for: ASX

By now many of you will be aware that the Australian Securities and Investments Commission has decided, in its wisdom, to extend the ban on short selling of financial stocks until 31 May 2009.

You may remember back in December we looked at a Calendar trade on Woolworths (WOW) based on our outlook from Kevin Rudd’s bonus payment.

The most important thing you can do prior to becoming involved in the market is to ensure you have realistic expectations.

The truth will set you free but first you will want to slash your wrists.

When it comes to trading and following Australian Stocks I tend to prefer sticking with the top 20 stocks.

The MACD (moving average divergence / convergence) is a popular and often cited trading indicator.

These past few weeks have been marked by a raft of capital raisings and dividend cut backs as companies struggle to lower their debt burden and shore up their balance sheets.

This is a topic about which I wrote some time ago in this column and SharesBulletin but I feel further mention is warranted here in the Trading Tutors Newsletter.

In November of 2007, after five years of phenomenal growth, the Commonwealth Bank of Australia touched a new record high of $62.16. Of course since then the bank, which was the very definition of a solid blue chip company, has since dropped over 60%, last week returning to levels not seen since early 2003.

A question I’m constantly asked is, “how do you trade this type of market?” Well, if you must trade in this market then do it safely and yes that is possible.