BUSINESS

Australian Stock Market Report – Midday 9/18/13

Investors are sitting on the sidelines ahead of tomorrow morning's US central bank update on its stimulus strategy. The All Ordinaries Index (XAO) is down 0.3 per cent, however still is hovering around five-year highs. Local stocks have improved over seven of the past eight sessions. Global markets moved negligibly overnight and interrupted trade in the region is also keeping a lid on trade.

Get Ready for an S&P Market Meltdown

It was a relatively quiet day on the stock market. The S&P500 backed off a little, but it's had a pretty good run lately. We've been telling our subscribers that the market is set up for either a meltdown or a melt-up. We're sitting in the meltdown camp.
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Australian Stock Market Report – Afternoon 9/17/13

Local shares edged higher today, to make it seven wins in eight trading sessions. The All Ordinaries Index (XAO) improved by a modest 0.1 per cent, hitting a fresh five-year high. The ASX200 index has now closed above 5200pts for six trading sessions (June 2008 was the last time this happened).

Ex-Vatican Prelate Confirms Handling Secret Financial Accounts – Report

Monsignor Nunzio Scarano, a suspended Vatican official who was arrested in June on money-laundering charges, told prosecutors that his office, the Administration of the Patrimony of the Apostolic See (APSA), has handled and provided financial services for outside clients.

Uranium Buying Interest Emerging

By Greg PeelUranium market participants gathered in London last week for the World Nuclear Association Annual Symposium and it appears, as is often the case when industry colleagues get together to gee each other up, that some buying interest emerged as a result.

Vodafone Australia Taps Twerking Craze in New TV Advert

Mobile phone services provider Vodafone Australia just launched a new TV commercial titled Kidult that features the latest craze of twerking made popular by former Hannah Montana star, Miley Cyrus.

Australian Stock Market Report – Midday 9/16/13

Australian shares are improving for the sixth time in seven sessions, with the All Ordinaries Index (XAO) edging higher by 0.6 per cent at lunch. Former treasury secretary, Larry Summers has withdrawn from the race to head the US central bank this morning.

Australian Corporate Bond Price Tables

PDF file attached.Corporate bonds offer an alternative to equity investment in providing a fixed "coupon", or interest payment, unlike equities which pay (or not) non-fixed dividend payments, and a maturity date, unlike equities which are open-ended.

American Empire of Debt

Our 'Crash Alert' flag warns of a crash in US stocks. Readers are advised to proceed with caution.

Apple Inc iOS7 Revamps iPhone 5 to Match New Release iPhone 5S with Speed Boosters, Mood Finger Scan Apps & Skintz Gold Fibre Wrap

While you might be completely satisfied with your iPhone 5 or iPhone 4, 4S for that matter, there is still some covetousness around the buzz created by Apple’s (APPL) new iPhone releases, iPhone 5S, and iPhone 5C. And it’s purely psychological – not your fault. Advertising has a strange way of creating an overwhelming impact on consumers.

Australian Stock Market Report – Afternoon 9/13/13

The modest losses were maintained for the duration of the session, with the All Ordinaries Index (XAO) easing by just 0.4 per cent by the close. The miners were the worst performers, with the sector slumping by 1.2 per cent.

Australian Stock Market Report – Midday 9/13/13

After five consecutive up days, the local sharemarket is giving back some of its improvements. The All Ordinaries Index (XAO) is down 0.4 per cent; however still is still 1.39 per cent firmer over the course of the week. Local stocks are also hovering around five year highs.

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