Latest Newsletter is now available

Our new FREE fortnightly NEWSLETTER is now available from here - DOWNLOAD - right click and save as if you want.

We are still looking at stocks like JBH, IMD, BXB and AGO.

If you have missed an issue, you can go to our ARTICLE ARCHIVE page to find back issues.

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Our lastest FREE NEWSLETTER is available for download

Our lastest FREE NEWSLETTER is available for download. CLICK HERE

In this newsletter we note that the ASX200 is showing signs of a shift from the bearish bias of two weeks ago, to a moderate bullish bias. There are a lot more stocks coming up on our radar right now. The trick for investors and traders is to identify the ones with the strongest possiblity of sustained share price appreciation over either the short term or long term, depending on your time frame and style of investing or trading.

My style, as outlined in my Ebook, Simple Tactics, Profitable Trading (buy it here) (download free chapter here), is typically shorter term, so the stocks I find to trade and which I discuss in this blog and in our FREE fortnightly newsletter, often fit my personality and trading profile.

As always I remind readers that the FREE fortnightly newsletter is open to everyone to download but its principle function is to act as an educational supplement for those who have bought my books. The newsletter allows me an avenue to demonstrate the original trading techniques discussed in my books, in near-real-time market conditions. We do this for two reasons. First, we want to prove in a public forum that our personally devised techniques really work (in other words, we are not full of shit). Secondly, we want to offer ongoing education for those who sometimes struggle with the trading examples shown in the book or with our explanations in the book.

Dont forget to visit us at www.stpt.com.au

Recent stocks of interest

Are you watching CBA? In our last FREE Newsletter we told you to watch five charts. CBA and BHP were two of those charts. CBA is trying hard to get back above the long term trend line and resume the rally. If the bulls are successful in doing this, the broader ASX200 will rally because of two things. Firstly, there is a trickle down effect. CBA is the largest listed stock on the XJO by capitalisation. Therefore, when it rallies, like yesterday, it lifts the XJO by about 15 points by itself, so our market looks like its going in the right direction. Secondly, this bullishness has an effect on the entire market like a vortex and it sucks in day traders and other investors and traders who (impulsively) decide they need to be a part of the rally. As a result, we get some overflow of money from the leading stocks such as CBA and BHP into second tier stocks such as ANZ, RIO and so on.

Stocks which have hit our radar screen are NVT, NXT and ALL. Their charts are provided below.