Why on Earth anyone invests in the Australian Shares? (SPX)The last 16 years. The US S&P 500 index (in red) Vs the Australian All Ordinaries index. The US broad market index up by 607%, the Australian index up by 58%. The US S&P 500 index is a broad measure of the top 500 companies in the US, and the All Ordinaries likewise from the largest 500 companies listed in Australia. The US represents about 25% of Global GDP Vs Australia at 1.6%. The US S&P500 index companies also earn about 40% of their earnings from outside America (due to their Global reach). Their companies also lead in tech, banking, defense etc. Why does anyone invest solely in the Australian share markets? The Australian index is very narrowly weighted to the big 4 banks (mostly leveraged on Australian residential real estate), and the large miners (leveraged on the commodity cycle). Both very narrow, non-diversified risky strategies, and clearly over the long term a crap investment compared to the breath of risk and performance outcomes of the US multinational giants of expansion and leading edge innovation.
Allordinaries
#CE1 $CE1.ASX Shaping nicely for push higher $CE1.ASX Shaping nicely for push higher
Calima Energy Limited (CE1, formerly Azonto Petroleum Limited) is an oil and gas exploration company investing in oil and gas exploration and production projects internationally with more than 72,000 acres of drilling rights prospective for the Montney Formation in British Columbia, the most active oil and gas play in Canada
$FOD.AX on Friday broke out from Long-term FW #ASX $FOD$FOD.AX on Friday broke out from Long-term FW #ASX $FOD
$ROO.ASX when we are going to see some action again? #ROO$ROO.ASX when we are going to see some action again?
consolidating before popping up and move higher
Broad ASX All Ord shows lagging Midcaps (Tech & Mining) from NovThe broad ASX All Ordinaries Index (XAO), since the beginning of November 2020, shows the underperformance of previously overperforming Midcap (XMD) sectors of Information Technology (XIJ - note particularly the high flyer Afterpay APT) - and Mining (XMM) to a lesser extent.
$OSP.ASX looks like sell off died already . #OSP #ASX$OSP.ASX looks like sell off died already . #OSP #ASX
About the company
Osprey Medical Inc. (OSP) is a medical device company with operations based in USA. The Company is focused on protecting patients from the harmful effects of X-ray dye (contrast) used during commonly performed angiographic imaging procedures.
Fair Value Estimate 0.052c if it holds this level
$DCN.ASX What a great looking chart to take position #DCN $DCN.ASX What a great looking chart to take position #DCN
$QTM $QTM.ASX this one may pop up as well$QTM $QTM.ASX this one may pop up as well
QUANTUM HEALTH GROUP LIMITED
Medical Equipment Distribution and Manufacture
Number of shares 1,128,308,291
$IXR.ASX it is setting up for move higher$IXR.ASX it is setting up for move higher
Ionic Rare Earths Limited (IXR, formerly Oro Verde Limited) is an Australian based company focusing on investments in the mining and resource sector. Currently IXR is focusing on its flagship Makuutu Rare Earths Project in Uganda.
Fair Value Estimate 0.020c Current price 0.013c
$TMZ.ASX looks like at this level. #TMZ $TMZ.ASX looks like at this level.
Thomson Resources Ltd (TMZ) is an Australia based exploration company focussed on the discovery and development of mineral deposits within NSW and in particular the unexplored Thomson Fold Belt. The current focus of the company is on Bygoo Tin Project.
ALL ORDINARIES – An Expected MoveBeen speaking about this Index Heavily, this movement is to be expected & I’ll explain why.
- This Demand Zone that we are moving through today was a 4H Demand Zone, it was Low Quality, meaning there is levels underneath it that are formed on Market Pivots, which yield Higher Quality Demand Zones
- There are a number of Levels in the way of the Main Demand Zone at 5700
- Most notably the 23.6% Fibonacci Level, this area lines up nicely with liquidity to the left where we have multiple respected daily candles & wicks
- This would be the most logical High Timeframe level to look towards, which the 23.6% Fibonacci Level acting as nice support for XAO.
- We’ve got a decent amount of room on the indicators, Steamroller, CCI & RSI to facilitate a move in that direction also.
- Our in-house developed Unicon Indicator was telling us there was an increasing bearish bias forming at the 6250 level (Orange Arrow) and that is being maintained with this break of the Demand Level.
Looking towards that 23.6% Fibonacci Level in the immediate term.
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$TNR.ASX Setting up nicely - #TNR$TNR.ASX Setting up nicely - #TNR
TORIAN RESOURCES LIMITED
Torian Resources Limited (TNR) is focusing on the exploration and evaluation of gold in Western Australia.
#DHR $DHR.ASX Shaping nicely - Upper gap around 1.6C$DHR.ASX Shaping nicely - Upper gap around 0.016c
Dark Horse Resources Limited (DHR, formerly Navaho Gold Limited) is a mineral resource company with a particular focus on Argentina, where it has invested in gold with goals to discover a multimillion ounce gold deposit.
Number of shares 4,036,368,444
$DDD.ASX this one is looking good .$DDD.ASX this one is show some interest in the Market.
3D Resources Limited (3D Resources) is a minerals explorer targeting high value commodities (gold, copper, lead, zinc and nickel) in WA and is evaluating “advanced mineral projects" that can transform the company into a mineral producer. The Company's WA projects are in the Proterozoic of the East Kimberley, and the Archaean Cosmo Newbery area, in the Eastern Goldfields.
Resent News
3D Resources (ASX:DDD) increased resources at its Adelong Goldfield in NSW, by 42 per cent to 180,600oz.
This follows the delivery of a maiden resource for the Caledonian, Donkey Hill and Currajong East deposits.
3D says all deposits remain open at depth and most along strike, which offers the potential for exploration to further expand resources.
The company notes that further historical data is under review and that modelling work has provided a clearer view to target extensions and further resource upgrades.
$SPT.ASX creeping up $SPT.ASX creeping up and the chart looks good however I think it is Overvalued
Splitit Payments Ltd (SPT) is a technology company providing cross-border credit-card based instalment solutions to businesses and retailers. Splitit enables merchants to offer their customers to pay for purchases in instalments.