Gary’s Comments The table below shows a totally green “% Change” column and totally red  “Intelledgence Risk Status” (Intelledgence takes a long term view using price action and momentum of price action), “Short Term Trend” and “Long Term Trend” (uses Intelledgence) columns. What does that tell us about the current state of affairs in equity markets? Well, I am a…

Global stock markets have experienced extreme levels of volatility over this past week, not seen since the events leading up to and contributing to the GFC in 2007 and 2008 – the CBOE Volatility Index (VIX) doubled in just 3 trading sessions! This was followed on Tuesday of this week by the greatest one day…

Last Tuesday night, July 26, Gary joined guest host Lachlan Mc Pherson from HUBB Financial on Sky Business Channel’s ‘Your Money Your Call’ The pair discussed the recent oversold condition in our equity markets as well as participant indecision and the likely direction and trading range of the market in the medium term. Lachlan and…

Gary’s Comments All equity indices in the Overseas Market table below are in short term up trends except for the Shanghai All Share Index.  The short term up trend will remain in tact until new 7 day lows occur. However, most of the indices have completed a lower high which is fine provided they are followed up…

Gary’s Comments The world is once again abound with negative economic news in both the USA and in Europe. These factors are obviously weighing heavily on equity markets which have seen falls around the world from 6% to 14% since early to mid April. Equity indices around the world are stretched on the downside in…

Earlier last week Gary joined Julia Lee from Bell Direct on Sky Business Channel’s ‘Your Money Your Call’. Julia and Gary opened the show by analyzing the Australian market’s direction following the recent 7.7% decline, which has occurred over the last seven weeks, and the 78.6% retracement of the gains since the last high on…

Gary’s Comments Plenty of red in the international equities indices but lots of green in the commodities table over the last week. All major equities indices around the world are in short term downtrends. The S&P500 and DJI indices are holding their major support levels of 1320 and 12400, respectively, but only just. I know that…

Gary’s Comments World equity markets hang in the balance following their respective bounces after the Japanese earthquake and tsunami. Short term trends in the tables below are all mostly down. It is important to note that equity indices had run strongly up until the middle of February and were due for a breather – either…

Following on from last weeks blog post, I have continued to dissect the statements made by Mr Kerr Nelson in the Australian Financial review article, “Wizards of the game”. I hope you enjoy my commentary. “Loss aversion is an irrational approach sadly evident in the stockmarket. Many investors keep hanging on to losing stocks in…

For those that know me, you know that I am an avid reader of market related books and newspaper articles. Last week I came across an article in the Australian Financial Review called “Wizards of the Game”. The Financial Review interviewed some of Australia’s most respected and high profile fund managers and their individual approach…