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.
There has been much hype around Lithium (and Lithium related stocks) recently, as prices of the metal skyrocket. The prices have risen on the back of strong demand growth for the silvery-white metal, with lithium consumption doubling in the twelve years from 2000.
I wrote last week about the rise in cryptocurrencies, which use distributed ledger systems, maintained by diversified stakeholders, to record transactions. The advantage of such a system is that everyone has a copy of the same ledger, and it is therefore immutable and irrefutable.
Many of us are aware of Bitcoin, a currency that is tracked by a single ledger system known as a “block chain”. The single ledger system means that all transactions are visible and agreed upon by the entire network. The advantage of this system is a thoroughly transparent value transfer system, where users can transact directly between one another, without the need for intermediaries and government regulation.