Technical Analysis is a method of analysing supply and demand in the market by looking at price movements and volume. It can visually show how emotions are driving stock prices higher or lower. By understanding this, you will be able to identify when stock prices are running ahead of themselves or if they are being oversold. That is, technical analysis can show us when the market is unable to push a stock any higher and therefore it is likely to …
There has been a lot of news recently on blockchain and in particular bitcoin. The price of Bitcoin has had an amazing run as it was trading at US$0.39 in 2010 and it currently trading at US$7,387. These terms may be intimidating to the non-tech savvy person so in this article we will explain the concepts of blockchain and bitcoin in easy to understand terms. The Connection Between Bitcoin and Blockchain Blockchain is the technology that enables bitcoin to operate. …
Read MoreWhat is Bitcoin? Demystifying Blockchain and Bitcoin
In the last two months, we have seen the Australian dollar shed nearly 5% to the US dollar. From nearly US$0.81, one Australian dollar is now fetching closer to US$0.77. As the outlook for the Australian dollar turns more negative, investors need to be aware of how this can impact their share holdings. We have previously written on this blog about what would happen to stocks if the Australian dollar appreciated. (You can access it here – https://fairmontequities.com/high-australian-dollar-will-affect-sector/ ) But …
The decision to open your own Self Managed Super Fund (SMSF) may be difficult one. It is therefore important to understand the pros and cons of SMSF‘s to help you decide whether a SMSF is best for your current life circumstances.The decision to open your own Self Managed Super Fund (SMSF) may be difficult one. It is therefore important to understand the pros and cons of SMSF‘s to help you decide whether a SMSF is best for your current life …
Who was Fibonacci? Guglielmo Fibonacci was an Italian mathematician born in Pisa, Italy in 1175AD who introduced the Fibonacci numbers. He has been hailed as the greatest European mathematician of the middle ages. When Fibonacci was young, he travelled with his father who was a merchant through the Eastern Mediterranean and North Africa. It was during his travels that he met with many other merchants and learnt the Hindu-Arabic numeric system. He published his first book titled “Liber Abaci” and …