The Aussie market didn’t like the data, with Myer shares falling 4.6%. But the jokes really on the early investors. The departments store share price is now worth one fifth of value compared to initial public offering price of $4.10 in November 2009.
I’m sure you know the old saying, if you can’t beat them join them. This could be the best strategy for you and I. By investing in companies that are part of this technological advance, you essentially hedge your life against its consequences.
Buying out of favour stocks is hard for the average investor. As I said, we’re not wired for it. We’re wired for conformity and groupthink. In evolutionary terms, wandering too far from the tribe was a recipe for an early death.
There has been a falling out between two recognised Aussie brands. Vitamin business Blackmores Ltd [ASX:BKL] fell as much as 5.2% this morning, to $129.87 per share.
When capital flows into small stocks in such a convincing way, it tells you that something is going on. You shouldn’t ignore it. The next challenge for the ASX 200 is to breach 6,000 points.
If we’re right, then there are a few select graphite companies that are set to benefit from this electric vehicle boom. This one is a mining company whose sole focus is the mining and production of natural graphite for the electric vehicle market.
Yesterday’s climb gives Qantas shareholders a year-to-date return of 83.7%. What has caused the stock to appreciate so aggressively? There are three catalysts that come to mind.
You can still profit in a market trending sideways. All you have to do is come up with an investment idea, identify growing trends and only invest in what you understand.
Shorting stocks is, in part, a process of reading market dynamics. What the buyers and sellers are doing. Especially those with informational advantages. The best investors learn to think independently, but invest with market dynamics in mind.
Our market hasn’t had the best year. In 2016, the ASX 200 climbed nearly 7%. But in 2017, we’ve gone nowhere. So what can you do to profit from a stock trending sideways?