The ASX 200 is crushing it again – should you buy stocks now or sell the rally?
Add back dividends and the ASX 200 closed at a record high Wednesday, despite the AI selloff, soaring oil, a housing downturn – how!?
Mentioned
KEY POINTS
- There’s so much uncertainty in global stock markets, with war, soaring oil prices, rampant inflation and an AI trade that appears to be on the brink of unravelling.
- And yet, the major Australian share market index is trading at a fresh record high once dividends are accounted for – it just doesn’t make sense!
- Unless, of course, you’re a ChartWatch LIVE viewer. If that’s the case, then you know exactly what’s going on, how to spot strong trends and how to manage your risk. If you’re not a ChartWatch viewer... then you’d better keep reading!
The stock market seems complicated, but it doesn't have to be. ChartWatch LIVE Webinars take the guesswork and confusion out of investing by teaching you a clear set of rules to help allocate your capital and manage your risk in the markets.
Click the "Watch on YouTube" button in the player above, or go to our YouTube page, to check out our other fantastic technical analysis videos when you're done with this one!
If you attended, I trust that you enjoyed the session and leant plenty about how to think and act like a trend following technical analyst. If you weren't able to make it, or if you haven't registered yet, then I hope you can join me Wednesday, 18 November, at 12:00pm AEDT for the next instalment. Be sure to bring an open mind about investing plus your favourite ASX stock for me to analyse!
In this week's edition (click links to jump to a segment of the video 📺!)
00:01:05 PORTFOLIO MANAGEMENT MODEL Nasdaq Composite
00:08:20 S&P/ASX 200
00:09:55 AROUND THE GROUNDS
00:10:00 Index Wrap (Russell 2000, European Markets, Nifty 50, Shanghai Composite)
00:12:25 ASX Sector Wrap
00:15:20 LME Base Metals Wrap (Aluminium, Copper, Nickel, Lead, Tin, Zinc)
00:16:10 GFEX Lithium Carbonate Futures and Australian Spodumene 6%
00:18:50 Crude Oil
00:21:25 Thermal Coal and European Natural Gas
00:21:50 Uranium and Iron Ore
00:21:55 COMEX Copper
00:23:05 Gold and Silver
00:23:25 AI Trade Key Charts (SSE STAR 50, KOSPI, SOX)
00:24:30 Credit Crisis Key Charts (S&P 500 Equal Weight, KBW Nasdaq Bank Index and KBW Nasdaq Regional Bank Index)
00:24:50 Australian 10-Year Government Bonds and 10-Year US Treasury Bonds
00:37:30 Uptrends List Criteria: The Continuation Setup Checklist
00:50:55 ANZ Group (ANZ) 00:52:20 Commonwealth Bank (CBA) and Westpac Banking Corp. (WBC)
00:55:05 ASX 200 vs ASX 300 – which to follow?
01:00:10 Silver
01:03:15 Back-Adjusted Futures Charts
01:06:30 HOW TO GET CARL'S TREND RIBBONS
ChartWatch *LIVE* Webinar
ChartWatch *LIVE* Webinars – WEEKLY Wednesday's @ 12pm AEDT
Learn more about technical analysis and trend following through real case studies on ASX stocks. Australia's premier technical analyst, Carl Capolingua, shares his unique insights on stocks as requested by viewers. Ask about a company in your portfolio or anything related to trading and investing and get Carl's expert opinion.
Places are limited so >REGISTER NOW!<
