Australian (ASX) Stock Market Forum

*Good News Only Thread - Stocks & Shares*

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It's all good news at present $ wise im back to were it all started with the correction, bought in cheap with MBL, ZFX, BNB, PPT, BPT +others, everything has gone ex div over the last 2-3 weeks so I have surplus cash. My U16s union team won there final 18-17 yesterday so were in the GF, the DRAGONS avoided the wooden spoon and its also fathers day. It doesn't get any sweeter:D:dance::bananasmi:band:alcohol:
 
Ken Fisher, what a sham. Plenty of missguided reasoning but not one supported or substantiated argument in the article.

The only slight good point was to aver towards oil stocks.

One of the intersting aspects of those picking on the so called doomsayers is that most of the doomsayers provide substantiated argument. And if you can read a bit deeper the hypothesis provides evidence on which to actually benefit from the coming bad times. One to short the markets, 2. as fisher says get into oil, 3 good food companies, 4 precious metals to hedge against the collapse of currencies and so on.

Too many think the world must be on a plate. Markets have allways at times and in cycles gone up strongly and they have allways gone down strongly and saying that there is tangible evidence that they may be going down strongly now is not being a doomsayer, its being prepared, you could call it an optimistic opportunity.

An awesome recovery, possible but I cant' buy it
 
DON'T THOU THEE WORRY! CNBC, through an analyst, feel that present falls, on US jobs data, are very much overdone.
 
Interest rates in the US are set to fall. Markets should recover momentum in most sectors as the bull chases the bear.
 
Mining and oil stocks were given further good news this week as commodity prices rose.
One of the strongest sectors of late is thermal coal with spot prices rising to US$70 per tonne against prices agreed earlier in the year between US$52 - US$54 per tonnne.
 
noirua

You start some awesome threads, imo.


And I was thinking someone's good news could someone elses "bad" news.


:bounce:


(PS: I was thinking, a THANK YOU! smilie would be really great)

:thankyou:
 
Just what the doctor ordered for the United States of America. A weaker and weaker US Dollar will help on the imports front and encourage cheaper exports to Europe and beyond.
All this should push the DOW 30 to higher and higher levels.
The current account deficite should improve rapidly and increase visitors to American shores.

So, with interest rates falling, America should push on far more strongly than forecast.
 
The Extrata bid for Jubilee should be good news for some of the smaller nickel miners. Anyone receiving cash for their Jubilee shares now has made a very nice profit. Their association with nickel has been an experience they would like to repeat. What better way is there than to reinvest in the likes of AGM, SMY, THX, just to name a couple. I think it will be especially helpful to AGM.
 
George Soros, the American Billionaire, believes that China will continue to boom for the next ten years. I can't say anymore about what he said because this is the Good News Only Thread.
 
noirua said:
George Soros, the American Billionaire, believes that China will continue to boom for the next ten years. I can't say anymore about what he said because this is the Good News Only Thread.
Click to expand...

Noirua, maybe you can put it in the doom & gloom thread (Imminent & severe correction) or start your own Bad News Only thread ;).

Or post a link to it?
 
Uncle Festivus said:
Noirua, maybe you can put it in the doom & gloom thread (Imminent & severe correction) or start your own Bad News Only thread ;).

Or post a link to it?
Click to expand...

Hi Uncle festivus, Sometimes bad news can be good news, if it is not as bad as they thought it would be or they hold back some of the bad news and hope no one noticed.

Morgan Stanley made a US$3.75 billion writedown and the stock rose nearly 5% in after hours trading. So good news, and markets will improve in the U.S. when they reopen, until ...
 
A weaker and weaker Dollar is just what the doctor ordered to turn the U.S. economies trading deficit round. Not so good news for consumers of oil related goods or inflation pressure - I doubt that matters much in the short term.
 
Investments may be better in America afterall, as Ben Bernanke looks forward to a recovery in the second half of 2008.

Book your flights now and visit the States whilst the currency advantages Australia.
 
Take no notice of the bad news bears as it's good news all the way. Coal is the big news plus out of the improved and extended ports all round Australia. This factor will help Australia in its continued growth for the next 40 years.
 
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