Showing posts with label asx. Show all posts
Showing posts with label asx. Show all posts

Monday, 12 August 2013

It's Reporting Season!!!

I have been of the radar for a little while now, there was a period just before I wrote my last blog piece when there was real uncertainty in my mind about trading on the Australian stock exchange.

Towards the end of May and June was a period in time where I took the old mans advice of 'if in doubt stay out'. It has only been during July and August that the market has started to look a lot friendlier.

And now we move into a time that is great if like me you like the banks - its reporting season time!

So to help you all out during reporting season here is a link to the CBA commsec website that give a video break down and full reporting.

http://www.investing.commsec.com.au/reportingseason

Happy Trades

Sunday, 7 July 2013

Aussie Share Market To Perform Well In 2nd Half 2013

Word is currently coming out that a number of experts feel the Australian share market will start to outpace its international compatriots.

During the first half of the year the Aussie was over shadowed by global markets, and while investors will still need to be aware of the faltering mining sector, good thinks should happen.

The main rule as always is too ensure you have an amply diversified portfolio for the months ahead.

With both lower share prices and lower interest rates for borrowers, market turnover and demand is tipped to increase. Main positive for the market appear to be;

1. Share valuations at more reasonable levels
2. The fall in the Aussie dollar, which is good for local company earnings and healthier for overall Australian economy;
3. The Reserve Bank's fire power to lower interest rates even further if needed; and a change in government, which will be good for business confidence and ultimately investment.

Lets hope for a stronger second half of 2013 building on the momentum of the first months of the year that has been stifled in recent months.