Recent content by GFD

Good work! Be careful with the PE as its forward PE which is based on unknown assumptions. Using PE's of individual companies has many issues (there are several good books which explain this). Using PE's of groups of shares can be useful however to understand how far we are from the mean and...

Any luck? The sector/industry group PEs would be really useful in identifying which areas of the market to look for value... My brokers research data from Morningstar includes current sector/market PE only, no historical data. Checked the Morningstar website and there is no sector PE data...

Can't deny the popularity of CFDs in the Aussie market. Am surprised only Macquarie and IB offer short sales of actual shares on the ASX. Does anyone use these services or similar? Regarding CFDs my main concerns are: 1) Dealing with a market maker not the market itself, which presents...

Is anyone short selling Australian shares directly, and who are the brokers offering this service in the market? CFDs, ETOs and other leveraged products are not of interest to me. Macquarie Prime has high fee's at 2%, plus stock lending charge and other fees per trade which add to a handsome...

Yield curves below. While there havent been two consecutive quarters of negative GDP since '91 for a classic recession, the GFC and 2011 would be near enough for me. The current GDP growth is rather weak and trending in range which I would imagine won't change until after the US elections and...

If you look at the yield curves below what do you forecast?

Coppock is interesting and well worth back testing yourself on the charts to see how well it works as a leading indicator and the typical lag between the signal and markets change in direction. Looks bearish to me right now in US and here, but please try it yourself.

Investigating this further with my broker, I would prefer my stops to execute automatically but my broker doesn't offer market to limit exit price in conditional orders. So I have decided to apply a 30bsp margin to the larger stocks and monitor how they execute. For stocks outside the asx200...

Thanks skyQuake, so I am coming to the conclusion that using conditional orders with a trigger price and allowing it to execute at market to limit maybe the simplest option. This type of order is free, but will be subject to the spread due to market depth. If that's less than 30bsps...

Does anyone have updates on the current costs and limitations of GSLOs for share trading? There was mention of a 5% or 10% limit being the minimum gap to guarantee the price below the current price. Is it possible to set a guaranteed trailing stop? Also when using conditional orders for...