The local market is on the cusp of a major breakthrough approaching the all-time highs zone where the index has retreated from in the past.
On a very long-term yearly chart the index is consolidating a breakout initially made back in 2019.
The US based Dow Jones index is leading the way having made a new all-time high in the past week.
Gold spiked briefly higher recently before settling lower.
Some analysts suggest that the US based S@P 500 index could add 1,000 points from the recent breakout.
A list of the ASX 300 stocks that gained more than 50 per cent over the last 12 months.
A list of the ASX 300 stocks that dropped more than 50 per cent over the last 12 months.
Some interesting information on the local Real Estate market.
A few statistics on how markets perform during First Term Presidents.
Disclaimer: The commentary on different charts is for general information purposes only and is not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column. Merry Christmas and a Happy, Safe and Prosperous festive season to all.
Monitor, measure, manage and maximise… Cheers Charlie.
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