loader image

Business
  • Charlie's Charts

Charlie’s Charts 10th July 2025

The local market is still stuck in a sideways consolidation below a resistance zone.  President Trumps ever changing tariff policies are causing uncertainty in investors minds. The RBA decision to not cut interest rates also let the air out of some punters bullishness. The SPY ETF that mirrors the US S@P 500 index is slowly edging up to new highs. July is seen as a strong month seasonally with August and September weaker historically. Some gold miners like Northern Star have taken a beating on recent updates which saw lower volumes and increased costs. Cobram Olive Estate moved sharply higher […]

Jul 10, 2025

  • Charlie's Charts

Charlie’s Charts 3rd July 2025

The local market is down today and looks to be struggling to move above the 8,600 level for now. The US based S@P 500 index just completed a cross of the 50 day moving average above the 200 day moving average, commonly called a Golden Cross. There have been 38 Golden Crosses over the past 75 years with a median one year return of around 13 per cent. The signal was profitable 81 percent of the time one year later. Another positive indicator is that since 1988 when May and June close higher shares are on average up 14.8 per […]

Jul 3, 2025

  • Charlie's Charts

Charlie’s Charts 26th June 2025

The local market looks to be treading water for the moment. With the Trump Tariff deadline approaching and tensions in the Middle East anything could happen. The local index on the monthly chart shows price near the upper boundary of the trend channel. The price of some local gold miners has been more volatile than the price of gold. The price of gold has been trading sideways for a while now, perhaps consolidating the big move up. Xero has just announced a large US acquisition. Lotus Resources looks like it could be forming a basing pattern here after making a […]

Jun 26, 2025

  • Business milestone

C&D Electronics proudly serving Narrabri and region for 30 years

C & D Electronics has been proudly serving Narrabri and the surrounding region for 30 years. Chris and Spider Cunningham have operated the family-owned business since 1995. Its long involvement in the business scene has seen C&Ds become well-known for its quality service and advice. “All three of my children Rick, Tash and Leon have worked within the business at some stage of their lives,” Chris said. “Tash has been with me from the start as a casual staff member after school to now managing the shop with me today. I’m very lucky to have my granddaughter Ayla to be […]

Jun 26, 2025

Loading