Understanding CFDs: An introductory guide to CFDs

What are CFDs? A contract for differences (CFD) is an agreement between a buyer and a seller that the buyer will pay the seller the difference between the current value of an asset and its value at the time of the contract. CFDs provide traders and investors with the opportunity to profit from price movements without owning the actual asset...

October 23, 2022
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China’s slow growth a worry for Australia?

China, Australia’s savior during the 2009 Global Financial Crisis may not provide the same security in what may be an impending recession. This does not bode well for the Australian economy which so far has performed relatively well in the recent volatile market conditions. The ASX which has been resilient in the global sell off, on the back of i...

October 21, 2022
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US equities decline amid global inflationary headwinds as yields and the Dollar jump.

US stocks broke a two-day winning streak with the major indexes finishing moderately lower as global inflation fears lingered after both Canada and the UK CPI figures came in hot, showing signs that the inflation peak may not yet be in.   With risk aversion back (for the day at least) Bonds were sold off (Price down, yields up) with the ...

October 20, 2022
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Is Credit Suisse running out of Credit?

This year has not been kind to the domestic and global economy. The financial woes keep rolling in, this time an old issue has rear its head with one of largest global investment banks seeing its share price drop significantly. That institution in question, is stalwart Credit Suisse. Credit Suisse’s share price is down more than 70% – from 1...

October 20, 2022
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Procter & Gamble beats estimates – the stock is up

The Procter & Gamble Company (NYSE:PG) reported its latest financial results before the opening bell on Wednesday. The largest consumer goods company in the world topped both revenue and earnings per share (EPS) estimates for the quarter – sending the stock price higher at the open. Revenue reported at $20.612 billion (up by 1% year-ove...

October 20, 2022
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Tesla Q3 revenue falls short of Wall Street expectations – price target raised by Bank of America

Tesla Inc. (NASDAQ:TSLA) reported its Q3 financial results after the closing bell on Wednesday. World’s largest automaker exceeded earnings per share (EPS) estimates for the quarter but fell short on revenue. Revenue reported at $21.454 billion (up by 56% year-over-year) vs. $21.982 billion expected. EPS at $1.05 per share (up by 69% year-over...

October 20, 2022
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USDCHF pair retraces as price level indicates a potential entry opportunity

The USD had a pullback in recent days as equities have rebounded allowing for other strong currencies such as the CHF to see   From a technical perspective the chart shows some interesting price action that may indicates an important inflection point for the price. On the weekly chart, the price has been in a long-term range between 0.87...

October 19, 2022
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Qantas shares price lift off, but Dividends on hold for FY22

Qantas Airways Limited (QAN:ASX) is the flagship carrier of Australia and the country's largest airline by fleet size. The company has had a resurgence in 2022 and the share price has rebounded from the lows of the pandemic. The “Flying Kangaroo” as it’s known throughout the industry, said that it would report an underlying pre-tax profit ...

October 18, 2022
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US stocks rally, Dollar slides as markets turns risk on amid UK fiscal U-turn and positive US earnings

US stocks soared in Monday’s session in an epic short squeeze as markets turned risk-on after new UK Chancellor pivoted on proposed tax cuts that had roiled UK bond markets and Strong bank earnings from the US calmed recession fears. The Dow Jones finished the session up 1.86% , with the tech and growth heavy Nasdaq outperforming, up 3.43% und...

October 18, 2022
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Natural Gas – Technical Analysis

Natural gas has fallen roughly 30% since the start of September, and has now landed on a daily trend line. Taking a look at the last couple of weeks of price action, natural gas has been consolidating between $6.5 to $7.3 for the last 3 weeks as it decides on the next move. Analysing the area that natural gas is currently sitting on, there i...

October 18, 2022
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What is mean reversion?

Mean reversion strategies are some of the simplest trading strategy’s used by sophisticated traders. However, when most traders hear the term, they immediately get confused. So, what is mean reversion and why do traders use it as a strategy?   Mean reversion is the tendency for the price of an asset to move back to its long-term averag...

October 18, 2022
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The Week Ahead – Volatility set to continue with key inflation readings from UK, Canada, NZ, EU and Japan.

Volatility in markets is set to continue this week with a slew of inflation figures from Canada to New Zealand being released, along with Australian employment figure and the minutes from the last RBA meeting where they surprised markets with “dovish” rate hike. Last week saw the markets react violently to the hot CPI figure out of the US, w...

October 17, 2022
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AUD bounces strongly in line with US equity’s jump

The US indices pumped higher as holders of shorts had to close their positions which resulted in one of the strongest sessions in recent months. The US dollar finally dropped back down, and it gave the AUD some much needed relief and is showing some potential of a short-term reversal. The question remains, whether this bounce will hold, or whether ...

October 14, 2022
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US equities surge after shrugging off hot CPI figure in chaotic session

US stocks ripped higher after a hot CPI figure saw the S&P 500 open over 2% down from the previous close only to finish up 2.6%. This came despite an Inflation figure that was higher than analysts expectations (8.1% YoY)  at an 8.2% increase from September last year and a 40 year high. S&P 500: This is only the 5th time in histor...

October 14, 2022
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How to maximise your trading strategy using Relative Volume?

  For new traders, it can be difficult to know which indicators to use, the saturation of various moving averages, RSI’s, MACD’s and more can be overwhelming and counterproductive. However, utilising relative volume, as an indicator is one of the most important sources of information for technical traders.   What is Volume? Vo...

October 13, 2022
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