Pavan Sharma

Global markets were once again higher overnight, as major Wall Street indices hit new record levels with Boeing rising and bank stocks gaining ahead of a near certain move by the Federal Reserve to raise interest rates. The Fed will make its announcement

Is the stock showing signs of strength after its 52 week low?

Excellent chart from SCL

Choppy nature of the chart indicates the stock could be a mean reversionist playground

Stock continues to move in the right direction for investors

Bad break from the stock after it looked to be showing some strength

There seems to be a sense of complacency in markets at the moment, and volatility remains extremely depressed. Once again, the key event to watch this week will be the US Federal Reserve rate announcement which begins its 2-day meeting today.

Global markets were higher on Friday in the wake of the latest upbeat US jobs report.  Payrolls data on Friday bolstered optimism about the US economic outlook as its showed a 228,000 hiring spree last month, cementing the likelihood of an interest rate

Both the Australian and NZ dollar have trended lower of late, and several market commentators suggest there is more to come. Morgan Stanley have suggested that investors position for further currency falls, with a forecast for the AUD to hit 65 cents agai