Stuart McPhee

Australian private trader for more than 20 years, author, trading coach, licensed adviser and regular speaker at major trading events all around the world. Graduate of RMC Duntroon and former Australian Army Officer.

The Word is Spreading – ASX200 is Starting to Look Bearish

My responses to some media questions: 1. The Australian sharemarket is in ‘correction’ territory now – what does that mean for investors? Indices trading at seven month lows is never a good thing. It attracts attention and almost turns investors bearish simply because of the attention it gets. For the last couple of months the …

The Word is Spreading – ASX200 is Starting to Look Bearish Read More »

AUD/USD Drops to 0.7350 after Consumer Confidence Falls

Consumer confidence has fallen, handing back the gains made in previous weeks.  The ANZ/Roy Morgan weekly consumer confidence index fell 0.4 per cent to 112.5 in the first full week of August, after gaining 5.5 per cent in the previous three weeks. Households’ views of their personal finances fell 2.7 per cent last week, after …

AUD/USD Drops to 0.7350 after Consumer Confidence Falls Read More »