If the Australian stock market does need another interest rate cut to breach 6,000, then we could be in for a longer than expected wait.
Stimulus for the Chinese economy no longer benefits the Australian Economy. The steel/iron ore boom is over…and it isn’t coming back.
If you’re sick of central bank mumbo-jumbo and you want to get back to pure stock speculation, beaten down stocks in the resources sector are the best place to start.
Investors are scared. They’re buying dividend stocks, not because they’re bullish on the outlook for the stock market, but because they don’t have a choice.
Instead of tackling 21st century problems with 20th century solutions, they could allocate that $11 billion to innovative, forward thinking initiatives.
I urge you to develop the ability to read a stock chart and start to listen to what the market is telling you.
We have picked up a strong hint to where resource investment will flow in Australia. And if you get there before the crowd does, you can reap sensational gains…
If you want to make money in resources this year, keep reading. And if you don’t want to lose money this year, keep reading!
If you want to be a successful resource investor, you must be able to connect the dots. From here, you can perform fundamental and technical research on companies within each sector.
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