US earnings season started overnight with listed Aluminium producer, Alcoa, disappointing the market with earnings that missed estimates, as well as lowered future earnings forecasts. The results sent shares in Alcoa down more than 11 percent overnight, with the release helping to force the DOW 200 points lower.
Picking direction to a trader is what swinging a golf club is to a golfer. It’s not the only factor that determines your success, but good luck teeing off if you can’t.
On Friday the 26th of August, Estia Health (EHE.ASX), a listed provider of residential aged care services closed at a price of $4.92 per share. By the next Friday, second of September, it closed at a price of $3.15, a weekly fall of around 36 percent.
Far more than the 2.0% anticipated, and following a fall of 4.4% in the previous quarter.
Federal parliament restarts today, for the first time following the election. First up on the agenda is a budget repair bill that the government states will save $6.1 Billion over four years. The bill includes many savings measures that failed to pass the last previous parliament.
Volatility is a very important factor in expressing a view on the market and placing a trade.
When volatility is quoted on a stock or Index, it generally is quoted on the basis that the strike price being referenced is an at-the-money option.