The local market is still trading in a sideways pattern.
The US based Nasdaq index closed lower on worries that Nvidia’s latest results may not come up to expectations.
Shares in Apple are again at an interesting level.
Uranium stocks like Paladin have come off the highs.
Wisetech Global shares were up strongly on the back of the latest numbers.
Corporate Travel shares are down today.
Woolworths shares are lower after their latest earnings update.
The long and steady decline of Star Entertainment.
Australian’s income is falling faster than that of the OECD averages.
One interesting indicator called the Titanic Syndrome is signalling some trouble for the US stock market is fast approaching.
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.
Monitor, measure, manage and maximise… Cheers Charlie.
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