Share Market Wrap 1st Dec 06

During November, and for much of this year, the big movers in the Australian share market have been the smaller companies, with the Small Ordinaries Index (XSO) rising 24.57% from 1 Jan 06 to 30 Nov 06. This is in contrast to the All Ordinaries Index (XAO) which only rose 16.01%, the ASX Top 50  […read more]

Share Market Wrap 24th Nov 06

This week has seen increased volatility in the market with the All Ords falling 88.5 points on Monday only to rise back once again over the last few days. So, is this something we should be concerned with? Not really, because I believe the volatility is being driven by Telstra with the float of T3  […read more]

Share Market Wrap 17th Nov 06

This week I watched a documentary about the collapse of Enron which was reported to be the 7th largest company in the world prior to its collapse. While I was amazed at how they deliberately manipulated energy prices which they then profited from, I will say that I was not surprised. Whether we like it  […read more]

Share Market Wrap 10th Nov 06

What a week we have had as official interest rates have risen once again and the T3 float has exceeded the government’s target. Given that a lot of people, who previously invested in Telstra, have lost a significant portion of their investment over many years, I am amazed that the float was so well received.  […read more]

Share Market Wrap 2nd Nov 06

Last week the All Ordinaries Index traded through its previous all time high of 5352.10 achieved in May this year, making the current bull run the longest in over 25 years. The second longest bull-run was prior to 1987 when the Australian market traded up for 39 months.   The current bull market has been rising  […read more]

Share Market Wrap 27th Oct 06

Over the last few weeks financial analysts have been encouraging the public to buy Telstra because they claim it is cheap and a good long term investment since it pays a solid dividend. But how cheap is cheap? Is a stock that is falling in value really cheap? I remember reading reports claiming Telstra was  […read more]

Share Market Wrap 20 Oct 06

This week the government finally approved the new cross media ownership laws. The Packer’s and Murdock’s have been pushing for this to occur for years, so it is no wonder they made the first strike in the moving Australia’s media assets around.  But are the new laws really good for the country?  This depends on  […read more]

Share Market Wrap 13th Oct 06

Since the launch of the marketing campaign to promote the sale of Telstra’s T3 float, people have been wondering why they should buy it and if they did buy it how much money they would make from it. I certainly won’t be promoting it, but if you want to buy Telstra there is a way  […read more]

Share Market Wrap 6th Oct 06

This week the government launched its marketing campaign to promote the sale of Telstra’s T3 float. This may sound a little cynical but I can’t help but think that this marketing show is like the old snake oil salesman looking for a sucker. Let’s face it both the Australian and international institutions have already indicated  […read more]

Share Market Wrap 29th Sept 2006

While the RBA has recently reported that it is a worried about the dramatic increase in borrowings to invest directly in shares and managed funds, they have indicated they are even more concerned by the fact that one third of the loans are secured by a single share. Securing a margin loan with only one  […read more]