The local market was up strongly from the low these past couple of weeks and could be due a breather. The last four days have been hovering around the 9000 level with projected higher inflation and still no concrete Iranian war solution weighing on investor minds.
The SPY S@P 500 ETF has had a ten per cent hiccup and recovery with the big up trend still intact.
Corporate insider buying of US technology stocks is very high and may have given investors more confidence to buy. Internet source.
The so called magnificent seven US stocks ETF MAGS is up strongly from the lows and has moved above a down sloping trend line. A solid higher low could help cement the change in trend.
Santos share holders might be a tad disappointed their shares were unable to move out of the long sideways range given the dramatic rise in energy prices. Maybe a fatter dividend is coming.
Pro Medicus shares were up around seven per cent today and may have turned the corner and formed a bottom at these prices. Time will tell.
Lithium stock Core Lithium could be posturing for another run up.
Medical imaging mob Echoiq is having a great run up for now.
SKS Technologies has moved up and out of the recent choppy sideways action.
This graph shows several different seasonal patterns that could play out in 2026. Interesting to note the “Trump” seasonal looks to have made a low right on cue. Will the trend continue? A build up of inflation and perhaps higher interest rates could manifest in the next few months. Time will tell how it goes with lots of global uncertainty still around.
An interesting comparison of global food prices and a fertilizer price index.
This graph taken from a Vanguard interactive chart shows the Australian share market held up very well from the 1999 to 2010 period of the US tech bubble bursting and GFC dramas. The US and International share markets dismally under performed over the same period.
This shows how much impact the big jump in fuel prices is having on our spending. Courtesy CBA and the internet.
This gem shows the energy returned on the lifecycle of the asset generating the power. So called green energy does not give you much return for your investment in these terms.
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. Cheers Charlie.
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