Gear yourself up for another buying opportunity?
While I’m not rushing to buy just yet, I will watch the news and data drops and be ready to ‘pounce like a tiger’ on assets I want to hold for the long term.
Peter Switzer is the founder of Switzer Group - a content, publishing and financial services firm. Peter is an award-winning broadcaster, talking each morning to 2GB's Ben Fordham about the latest in finance and money. You can read his views daily on Switzer.com.au, and subscribe to Switzer Report for his latest insights, analysis and recommendations.
While I’m not rushing to buy just yet, I will watch the news and data drops and be ready to ‘pounce like a tiger’ on assets I want to hold for the long term.
Another negative day for US stocks, so put on your market-panic seatbelts but don’t make them too tight because at some time over the next few weeks you’ll want to be a buyer of quality companies caught up in this temporary sell-off. Why do I say that?
To follow a line of the Bee Gees, how can a loser ever win? I’ve been reflecting on 8 loser stocks and wondering if there’s any reason to keep hoping they might turnaround and go for a decent rise higher. Check out my conclusions here.
The US registered another loser week for stocks, which makes it two in a row, but historically speaking, this conforms with the past as the Stock Traders Almanac says this is what often happens in the first two weeks of August.
Who’s right – the short sellers or the analysts? I’ve done the grunt work to see what positive views the analysts might have about those companies that are heavily shorted.
A rally for stocks (on the back of a lower job creation figure for the American economy) U-turned when hourly wage numbers in the state of the labour market report rose more than expected.
I’m backing a 10% rise in the stock market this financial year, as a minimum. To that I’d add at least 5% for dividends. I’m hoping the RBA doesn’t make it all too difficult by raising rates too high and thereby creating a recession.
The Dow Jones Industrial Average was up again, and this week registered the 13th day of rises on the trot, which hasn’t happened since 1987.
In a climate changing world, can you seriously invest in oil, gas and coal stocks?
The Dow Jones Industrial Average fought for a 10-day in a row rise, which are the best consecutive up-days for the index since 2017! This coincided with the Nasdaq dropping over 2%, as initial jobless claims in the US fell to a two-month low, which sparked some to argue that this will push the Fed to give another rate rise this upcoming week, which hurt tech stocks.
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