Following on from my previous blog, in the discussion with my fellow golfing member I told him that the great majority of investors in Australia are NOT active in the share market at the moment. Retail investor activity in the stock market is at multi-decade lows and retail investor sentiment towards shares is at the…
Recently I was asked by a fellow member at my golf club what the next 10 years might hold in store for an investor with a 10 year investing horizon. While the round of golf progressed we discussed this big picture question and his quizzing helped me express a view that I probably wouldnât have…
When conducting analysis to determine where resource stocks may be heading in the near to intermediate future, one of the main charts, amongst others, that I consult is the Continuous Commodity Index ($CCI). The CCI is a benchmark of performance for commodities prices. It is an equally weighted index using 17 commodity futures prices. Each…
This week’s blog is a commentary on a recent AFR WEEKEND article that appeared under the Smart Money section entitled “Easy way to ride a hot market”. This same article can be read online under the title “How to make the most of the market’s upswing? . It is one of the better newspaper articles…
In February this year I wrote one of my most well read and distributed blogs entitled “History Making Event on the Horizon”. Feel free to read it again right now. The event discussed was the potential breakout by the S&P500 of a 13+ year range to a new all-time high thus potentially signalling: the end…
Unless you are living under a rock you would be aware of this event. The media has megaphoned it to all the corners of the globe and in the process magnified it above all other news. As the saying goes: “Bad news sells!” Or rather in this case, the potential of bad news. Is it…
Is the mining boom over? Are the major miners a BUY? What is the status of the markets right now? What historically has occurred to the markets when countries announce WAR? These questions and many more were discussed by Gary Stone and Peter Switzer recently on Switzer TV. Watch Gary Stone run his eye over…
Welcome once again to the Gary Stone Journal. This week weâve opened the doors to an exclusive and normally customer only webinar that was recorded just yesterday. Watch Gary Stone as he steps through and undertakes thorough analysis across the North American, European and Asian Pacific Markets followed by commentary on the major currencies and…
In February this year I wrote a journal post that there may be a History Making Event on the Horizon. This week’s blog will update where the equity markets are with respect to that event. You may wish to reread that well liked article by clicking on the link above. Well, the event did occur,…
Gary’s Comments Most equity markets around the world have suffered a half-decent retracement over the last 3 weeks, except the DJIA, S&P500 and NASDAQ which have only really tracked sideways. Despite this retracement most equity indices around the world are still enjoying long term Up trends, as shown in the table below. The retracement was overdue and hence welcomed.…