Rally

I have been watching the latest US rally with some interest and each night when I review the markets I notice an interesting thing. The rally is extremely lumpy in its distribution. Have a look at the graph below which compares the rally in the major US indices to the FTSE100, ASX 200 and the…

Details

$100 Later

Earlier this month I wrote about a talking head who suggested that traders should go short Apple based upon the fact that it had – a) Gone up a lot and that is bad b) Long in the tooth – which is obviously a technical term that I dont understand. So what has happened since…

Details

Dodgy Stat Of The Day

For some idiotic reason I wanted to find out the trajectory of funds under management within the superannuation industry. You would think that data that had such national significance would be easy to find….guess again. To get some inkling of the way funds under management had been growing in the past decade I had to…

Details