Given the Dows (DJI) performance last Friday, you would think that the ASX will be either down or swinging for the week. The Dow closed down 127.04 points – or 1.41% – last Friday, and so whether the ASX will follow US’s sentiment will be unclear. Last week Rio Tinto’s (RIO) announcement on the state [...]

The All Ords (AORD) was down 43.3 points today, or approximately 1% as the Dow Jones late recovery failed to invoke any positive sentiment on the Aussie Market. The S&P200 (AXJO) was also down around the same, falling 42.6 points to 3,970.80 or roughly 1% as well. It seems despite my prediction yesterday that mining stocks [...]

Update @ 12:18: Well the opening higher was short lived. Check out the All Ords Chart (AORD) – it shows a drop straight down – not down around 11 points. Not one stock has posted “large” gains with most trading in a range of between $0.02 and $0.25.  The ASX (AORD) has opened slightly higher [...]

As has happened so often with the market over the last couple of weeks, the All Ords (AORD) has once again finished much lower – down 284 points to close around 3,988.1. The S&P200 (AXJO) didn’t fair much better either – it was down 6.7%, or 286.6 points to close around 4,013.4.  This was inevitable [...]

Have no doubt folks. The All Ords (AORD) and the S&P200 (AXJO) are going to take a hammering today. The Australian Market is definitely going to take a leaf out of the USA’s Book, with the Dow (DJO) plummeting more than 700 points – you can image the Aussie Market is going to open, at [...]