aspiringguru

aspiringguru

There's more devil in the detail. - not all of these produce oil/gas, some are more retail/distribution orientated. - some are in different stages of developing resources. - some have responded faster to recent oil/gas price spikes.

aspiringguru

The chart speaks louder than any ASX announcement from the board. Will more state licensing deals save bagholders? 28/08/2020 jumped 92% in 1d from $6.58 to $12.68 on 27-28 august 2020. PointsBet Partners with NBC 30 oct 2020 to 16 Feb 2021 from $9.49 to $17.22 gain 81% 16 Feb 2021 to 28 Feb 2022 from $17.21 to $3.49, loss 79%

aspiringguru

Just a quick snapshot showing the 500% + price gain on crude oil from COVID crash in 2020 to March 2022. Over 500% increase. Given tensions in Ukraine and boycotts of Russia, this bull run is likely to continue.

aspiringguru

This might be just a simple charting of the fall from grace for Pfizer (PFE), Moderna (MRNA) and BioNTech (BNTX). Compare the dates of dips with press coverage of fading covid19 efficiency and emerging adverse effects and the story becomes more complicated.

aspiringguru

Stepping back to look at a long term chart of the ASX200, S&P500 and ASX.WES (Wesfarmers) over 30 years. It's very telling seeing the higher % gains in the US indice over the ASX indice. More telling is seeing ASX.WES outperform the indices due to significant reform and expansion of the company via acquisitions and growth.

aspiringguru

this chart might be too busy, fundamentally Supermarkets (COL & WOW) chart differently to electronics/entertainment (HVN & JNH) which chart differently to

aspiringguru

just a quick comparison of ASX coal stocks. while much of the price movement is due to commodities prices, the differing levels of resources, expansion plans and exploration proving resources explains much of the chart movements.

aspiringguru

Needs more work to finess this. Valuation of these and other companies in progress.

aspiringguru

just a course comparison of some major retail stocks.

aspiringguru

ARB rode the wave of Covid19 induced de-urbanisation and holidays within Australia for 2 years. Has the omnicron induced latest panic popped that bubble? idk either. will see where the next few weeks take us.

aspiringguru

not a detailed chart analysis. just comparing notes with a mate.

aspiringguru

reading charts after the event only highlights the need to understand fundamentals.