Recent content by Tropico

COB still looks like it is in an uptrend despite the pullback over the last couple of weeks. Hopefully it has found support now and the trend will continue. Upside: 0.85, 0.95 and >1.00. Downside: 0.70 and <0.57.

Could I have COB for September thanks Joe. Will post in the thread later today

My pick, yet again, for the monthly comp. ASM managed to finish July comp in positive territory after the previous few months saw the downtrend continue. A couple of indicators are "buy", especially after Thursday and Fridays price movement. Of course, if I didn't pick it for the August comp, it...

Could I have ASM again please Joe. I was thinking of ditching it, but FOMO got the better of me.

I thought as much lol.

So where is the freckle?

You can find most of the answers at https://business.gov.au/guide/starting Section 4 will give you info on ABN, Business name, Tax registration and Trade mark. All of these can be done without lawyers, although an account may help.

You are correct in that it could be inferred as misleading. however both points are true: "the CBA has increased it's fixed term interest rates", and, it is "just days before the next Reserve Bank board meeting". Edit: the journalists are good at that. To what extent the fixed rates by CBA...

Looks as though CBA are getting in early, the rest to follow: The Commonwealth Bank of Australia (CBA) has increased its fixed mortgage rates by a huge 1.4 per cent, just days before the next Reserve Bank board meeting.

That chart doesn't look too bad with Faramir and Miner included. End of the month, end of the quarter, end of the financial year year. I wonder what next months chart will look like, pending the RBA announcement of course.

Going for it again in the July comp. After the market took the news well in May, that only lasted for a day for a day, it did manage to maintain support above $5.00. Then comes June and the slide continued, along with a lot of the other June comp entries. Now for July, we have inflation...

Could I have ASM again please Joe. Guess I'm a glutton for punishment.

An interesting article from Reuters on shipping costs and the affect on inflation. This just confirms my thought that inflation is going to continue to rise at an increasing rate. I might be wrong but did the RBA and US Fed indicate that interest rates will be 3% by the end of 2022? They are...

Gold is holding up quite well, up to $US1849 as I type. The AUD is also holding on at just above $US0.70. So it is not all out panic stations just yet, when the dash to cash ($US) would normally see both fall. But I guess times are not normal, or at least, not the same as the past. The question...

But they can control the interest rate and the money printing, even if they do miss the target more often than not. It is an inexact science (/theory) after all. Nothing like this happened when Trump was the US President (but I might be feeling a little sarcastic).