Market Sentiment

Dow 93 = +4
Nas 21 = +1
S&P 15 = +2
Ftse -9 = -1
Nik +5 = +1
ASX Futures +55 = +1

Market Sentiment = +8

Market Sentiment

Dow -208 = -4
Nas -37 = -2
S&P -24 = -2
Ftse -36 = -1
Nik -418 = -1
ASX Futures -75 = -1

Market Sentiment = -11

Who Gives Financial Advisors Advice?

For many Mums and Dads, Fund managers (including Super Fund managers) and investors, they seek financial advice on investments from Financial Advisors, large and small.
But who gives advice on investment products to Financial Advisors?? The melt down in the Sub-prime debt products, which has now spread panic across global stock markets, has had many Financial Advisors crying foul.
The Financial Advisors said they relied on research houses giving strong ratings on the products, so the Financial Advisors then sold the products to their clients.
The research houses included some big names such as Standard & Poor's, Morningstar, Lonsec, InvestorWeb Research, to name a few.
So what are the lessons here? If you want a job done.... do it yourself. Do your own research, invest in products that you understand, keep it simple (simple products included) and understand leveraged investment products and instruments.
As for the recent sell off seen in the market, it will bring opportunity to those who do the chart study and research.

The Sub-prime Story

It was first called a "storm in a teacup", now it has been said "its the tech wreak of 2007. What has sent global markets into a tailspin? What is the Sub-prime story? In a nutshell, it is loans that have been made to US home buyers who normally would not qualify for a loan, hence the name "sub-prime".
These loans are provided by lenders who charge higher interest rates, the loans are then onsold to larger banks, they in turn "bundle" these loans with other products and sell them to fund managers, investment companies (listed and unlisted) and private investors.
Some investors take out margin loans to purchase these debt products, (mmmm use debt to buy someone's debt, great idea... NOT).
The returns to investors/fund managers on these debt products rely on the orginal US homebuyer, who didn't qualify for a loan under normal credit terms, ability to pay back the loan, when they default on the loan, the assets (home) is then sold in a fire sale. Where does the leave the investor/fund managers who purchase the debt product with borrowed funds/margin loans??.... Out of pocket of course.

Market Sentiment

Dow -312 = -4
Nas -49 = -2
S&P -35 = -2
Ftse -203 = -1
Nik -156 = -1
ASX Futures -152 = -1

Market Sentiment = -11

Market Sentiment

Dow +68 = +4
Nas +8 = +1
S&P +7 = +1
Ftse -44 = -1
Nik -144 = -1
ASX Futures +14 = +1

Market Sentiment = +5

Market Sentiment

Dow - 226 = -4
Nas -51 = -2
S&P -31 = -2
Ftse -125 = -1
Nik +38 = +1
ASX Futures -19 = -1

Market Sentiment = -9

Market Sentiment

Dow 92 = +4
Nas 3 = +1
S&P 7 = +1
Ftse 39 = +1
Nik -194 = -1
ASX Futures 5 = +1

Market Sentiment = +7

Market Sentiment

Dow -149 =-4
Nas -32 =-2
S&P -19 =-2
Ftse -55 =-1
Nik +41 =1
ASX Futures -42 =-1

Market Sentiment = -9

Market Sentiment

Dow +82 =4
Nas +21 =1
S&P +7 =1
Ftse +73 =1
Nik +101 =1
ASX Futures +21 =1

Market Sentiment = +9

Market Sentiment

Dow -53 =-4
Nas -13 =-1
S&P -3 =-1
Ftse -92 =-1
Nik -202 =-1
ASX Futures +11 =1

Market Sentiment = -7

Market Sentiment

Dow +21 =2
Nas +15 =1
S&P -1 =-1
Ftse -39 =-1
Nik -22 =-1
ASX Futures -12 =-1

Market Sentiment = -1

Market Sentiment

Dow +21 =2
Nas +15 =1
S&P -1 =-1
Ftse -39 =-1
Nik -22 =-1
ASX Futures -12 =-1

Market Sentiment = -1

Market Sentiment

Dow +21 =2
Nas +15 =1
S&P -1 =-1
Ftse -39 =-1
Nik -22 =-1
ASX Futures -12 =-1

Market Sentiment = -1

Market Sentiment

Dow +44 =2
Nas -10 =-1
S&P -3 =-1
Ftse -19 =-1
Nik +167 =1
ASX Futures +2 =1

Market Sentiment = +1

Market Sentiment

Dow +46 =2
Nas +5 =1
S&P +5 =1
Ftse +19 =1
Nik +255 =1
ASX Futures +7 =1

Market Sentiment = +7

Market Sentiment

Dow +284 =4
Nas +50 =2
S&P +29 =2
Ftse +83 =1
Nik -65 =-1
ASX Futures +67 =1

Market Sentiment = +9

Market Sentiment

Dow +76 =4
Nas +13 =1
S&P +9 =1
Ftse -16 =-1
Nik -203 =-1
ASX Futures +25 =1

Market Sentiment = +5

Dow -148 =-4
Nas -31 =-2
S&P -22 =-1
Ftse -82 =-1
Nik -9 =-1
ASX Futures -63 =-1

Market Sentiment = -11
Note this is the maximum minus sentiment

Market Sentiment
Dow -148 =-4
Nas -31 =-2
S&P -22 =-1
Ftse -82 =-1
Nik -9 =-1
ASX Futures -63 =-1

Market Sentiment = -11

Please note this is the maximum negative sentiment

Dow 38 =2
Nas 4 =1
S&P 1 =1
Ftse 23 =1
Nik 121 =1
ASX Futures 19 =1



Market Sentiment = +7

Market Sentiment 9/07/2007

Dow +46 =2
Nas +10 =1
S&P +5 =1
Ftse +55 =1
Nik -81 =-1
ASX Futures +41 =1

Market Sentiment = +5

Market Sentiment

Dow -11 = -2
Nas +12 = 1
S&P +1 = 1
Ftse -38 = -1
Nik 53 = 1
ASX Futures -15 -1

Market Sentiment = -1

Market Sentiment

Dow holiday
Nas holiday
S&P holiday
Ftse +33 =1
Nikkei +19 =1
ASX Futures +5 =1

Market Sentiment = +3

Market Sentiment

Dow +42 =2 Nas +13 =1
S&P +5 =1
Ftse +49 =1
Nik +8 =1
ASX Futures -3 =-1

Market Sentiment = +5

Market Sentiment

Dow +127 =4
Nas +29 =1
S&P +16 =2
Ftse -17 =-1
Nik +8 =1
ASX Futures +55 =1

Market Sentiment = +8

Market Sentiment

Dow -14 =-2
Nas -5 =-1
S&P -2 =-1
Ftse 37 =1
Nik 206 =1
ASX Futures 13 =1

Market Sentiment = -1

Australian Stocks Post Best Performance in 20 Years

With global economies remaining strong, Australian stocks have recorded their best performance in 20 years.
In 12 months the ASX 200 has recorded a 23.7% return, while the all ordinaries saw a 25.2% gain.
The S&P/ASX200 accumulation index, which includes dividend payments, rose 28.4 per cent points, its biggest single year rise since 1987, which saw the S&P/ASX200 accumulation index jump 54 per cent ahead of the worst collapse since the Great Depression of the 1930's.
However unlike 1987, returns in 2006 were driven by steady earnings, in a low interest rate environment, and healthy economic growth.

Growth Economies

Economies in Asia are to be fully developed within 10 years, according to the head economic advisor with Mastercard, Dr Yuwa Hedrick - Wong.
Australia would be a major winner as increased spending in Asia will provide opportunities to Australian exporters, and especially in the financial services sector.
In India, the economy is expected to double within 10 years, with one of the biggest growth area being in "organised" retail shopping facilities (supermarkets). Currently "organised" shopping facilities make upabout 5% of the market. Energy supply is another growth market.
So while the focus has been China, other markets are following China's lead.