This post was originally posted on my Substack. Subscribe to support me! Quality over valuation. Buy great businesses at fair price instead of fair businesses at great prices. The tenet of proper investing has always been clear and straightforward. It was also drilled strongly into me after I bought a local Malaysian steel mill 9 years ago, and closed the position just last month at a loss. Ever since then, I believe I am on the right path, with successf...
Stocks to Watch Broadcom Inc (AVGO US)$Broadcom (AVGO.US)$ Daily Chart -[BEARISH ↘ **]AVGO is holding below 166.65 resistance and in line with descending trendline resistance as well. A pullback below this resistance towards 149.10 support is expected. RSI indicator is toppish, approaching resistance where price pulled lower in the past. Alternatively: A daily candlestick closing above 166.65 resistance will open a limited rise to...
Macro News Australia April Retail Sales +0.1% M/M S/Adj (Reuters Poll +0.2%) Retail sales in Australia rose at a slower-than-expected pace as shoppers remained wary in the face of high consumer prices, according to data released today by the Australian Bureau of Statistics. Australian Retail Sales Failed to Spring Back in April Australian retail sales remained weak in April, highlighting the plight o...
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Dart Board Picks : Cats eat Deere where I work.