The local market finished up strongly yesterday after a few days down with some analysts suggesting that was only the first leg down for the current correction, time will tell.
The US based S@P 500 has also bounced after making a slightly lower low.
REA Group is taking a breather after setting a new all-time high.
Resmed put a in a strong day yesterday.
CSL is up around 25 per cent from the October lows.
Paladin Energy is up strongly today and has moved above recent resistance levels.
The Betacryp ETF is taking a breather before an expected announcement on Cryptocurrency ETF’s.
Some seasonal tendencies for the Australian market.
One advisors general portfolio starting point allocations for the next year.
A US recession could finally be on the way when unemployment in the US rises.
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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