Empowering Self-Directed Investors
From farmer to high school teacher to successful investor and financial advisor, Tom Scollon's career path has been diverse. Yet this interesting mix has resulted in far-reaching experience in a range of industries and enabled him to enjoy unmitigated success trading the markets. He has invested successfully on the Australian stockmarket for more than 20 years trading equities, options and other financial instruments using technical analysis techniques to determine trends and chart market movements. Tom believes that studying simple trends such as price and volume can reveal much about a stock’s prospects. He uses technical indicators such as “On Balance Volume”, “Bollinger Bands” and “Elliott Wave” to predict where the market might head next. He is a great teacher and in his articles he translates his views into easy-to-understand concepts for all levels of traders, and has thus developed a strong following over the years.
8 Apr, 2019
Up and down, but overall up – bumpy as the ride might have been...
Resources Pulling Market Higher
25 Feb, 2019
I had doubted that the XAO would go much higher, but I had not looked at the other major underlying market indices...
Too Far Too Fast
11 Feb, 2019
Every chart points to a pullback or a retreat of some degree. There is consensus amongst the indices...
28 Jan, 2019
The Santa rally, which yours truly did not expect, has in fact continued well into January...
A Shabby Finish
24 Dec, 2018
In my last words for 2018 I would like to extend best wishes from our team at Hubb to all our readers - loyal and unrelenting in pursuit of financial independence.
Christmas Rally or Rout
17 Dec, 2018
With year ends it is tough to call. Volume is light as the big players are basking in the Bahamas or skiing in Austria , so it takes little to move markets.
Danger in the Dow
10 Dec, 2018
We live in a frenetic world and what may have taken a decade to happen for the last generation, may only take a couple of years
Too Late to Dump Housing Stocks?
3 Dec, 2018
stocks that will experience a direct hit are spread over many ASX sectors – such as Materials, Realtors and of course the likes of banks and other financial services companies
Can Bitcoin Rise from the Ashes?
26 Nov, 2018
Perhaps it could rise once more but I doubt it
19 Nov, 2018
The market is not satisfied yet and will keep selling till they have plausible answers
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