Archive for August, 2009

Australian share market’s rise The Australian share market’s rise to a fresh 10-month high on Monday was erased by a fall in Asian share markets, leaving traders wary of profit taking after sharp gains in the Australian market since March. Banks sustained their gains on the back of a positive trading update from Australia and [...]

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ANZ Capital 79,198 Blue Energy shares from July 22 to August 26, increasing from 113,525,219 shares (20.07%) to 113,604,417 shares (18.07%). STOCK DASHBOARD: August 28, 2009 Blue Energy Closing Price: 24.0c Price change from previous trading day: 2.1% Relative Strength (6 months percentile rank): 52.6 Market capitalisation: $150.9 million Turnover volume: 273,639.0 Volume Index (1 [...]

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Richard Uechtritz, the man behind JB Hi-Fi, has peeled off more than $3 million from his stake in the booming retailer to take his total receipts from share sales to $43 million.

Today we were unsure whether we should serve you another warm helping of property…
Or whether we should take the time to look at something else. We thought of debt, but that was bound to end full circle in a property discussion. Incidentally, you’ll recall we held the Australia in the Red debt summit [...]

LONDON (AFP) – - New York oil prices surged to 75 dollars on Tuesday for the first time in ten months, as traders welcomed news of rebounding consumer confidence in key energy consumer the United States.
In afternoon trade here, New York’s main contract, light sweet crude for October delivery, spiked to 75.00 dollars per barrel [...]

Banks prepare for tighter lending
Moves to tighten lending in the mainland appear to be more imminent as measures to lift banks’ capital adequacy ratios make progress.
China Construction Bank (0939) yesterday confirmed a recent industry watchdog report indicated a possibility of lifting its CAR so as to control lending.
Analysts said the moves are aimed at mopping [...]

It’s tempting to make this week a ‘Property Week’ in Money Morning.
We weren’t surprised to see the Money Morning mailbag bursting at the seams here at the Old Hat Factory yesterday.
Within minutes of yesterday’s email going out the replies started flooding in.
Perhaps the most remarkable response was from the property bulls.
Look, let’s be fair about [...]

South Australian business Penrice Soda has reported a 33 per cent increase in after-tax profit for the last financial year.

Although many of you don’t think you "trade" – and many of you don’t use technical analysis and don’t know about trading systems – you already have one. Get a reliable trading sytem !! It may be very unspecific, but however you pick stocks and whatever you use to determine the time to buy or [...]

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(Adds comment and detail) By Simone Giuliani