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Is Woolworths a SELL before the February results?

Woolworths (ASX:WOW) shares have staged a great recovery during the last 18 months. However when I look at the technicals of Woolworths as well as its valuation, I question whether they can continue on here. A catalyst for some movement would be the half yearly results in February. This means that investors in Woolworths might have to consider taking some action before then. Woolworths (ASX:WOW) share price chart After recovering well across 2016 – 2017, the shares hit a key …

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What is OPEC and its Impact on the Economy

What is OPEC? OPEC stands for Organization of Petroleum Exporting Countries. It is a cartel which consist of 12 oil-producing countries. They include Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Indonesia, Libya, The United Arab Emirates, Algeria, Nigeria, Ecuador, Gabon, Angola and Equatorial Guinea. OPEC is a permanent intergovernmental organisation which is headquartered in Vienna Austria. The organisation controls 78 percent of the world’s oil exports. As these OPEC nations produce such a significant portion of the world’s oil supply, …

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Evan Lucas

Macro-Micro: Goldilocks and the no bears

Start of the three week of a new calendar year (On that note Happy New Year to all) and already the word of 2017 and has been released by Macquarie Dictionary – I think I have already spotted what the word of 2018 will be: ‘Goldilocks’. The two major economic think tanks in the IMF and the World Bank finally crunched enough numbers to agree with what the rest of the economic world has been saying for 12 months – …

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Video: More upside for Telstra share price

Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 15 January 2018. Shares covered: (ASX:TLS), (ASX:OZL), (ASX:SYD), (ASX:HSO), (ASX:COB) Click on the image below to access the video on the FNN site:   Current share prices available here. You can learn more about technical analysis in this article.   Did you like this video? Share this page on Facebook and Twitter! Sign …

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“Your Stock Request” – 11 January 2018

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at mail@fairmontequities.com with your stock request. Limit of one per person, no guarantee of a mention. This week’s stock request: (ASX:DTL), (ASX:YPB), (ASX:COE), (ASX:TRS), (ASX:GPT), (ASX:LIT), (ASX:PLS), (ASX:GXY), (ASX:IGO) Latest prices available on the ASX website. You can learn more about technical analysis in this article.   Michael Gable is managing director of Fairmont …

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