Technical analysis, trading strategies, and market commentary by David Bird
Alphabet falls over 13 percent following earnings miss, David Bird notes
Alphabet, the parent company of Google, has dropped more than 13 percent after reporting weaker-than-expected earnings, resulting in over $520 billion being wiped off its market value. David Bird ...
David Bird: Perspective on financial news and media evolves after Newscorp masterclass
David Bird said his perspective on financial news and the media has changed after recording a one-hour masterclass at Newscorp headquarters, which will be distributed to their audience. Bird ...
Energy market shows signs of disbelief phase, David Bird notes
David Bird described the current energy market as being in the disbelief stage of a bull market. He drew a comparison to silver in early 2025, stating that many people believe energy prices are ...
David Bird: FCG ETF shows decade of accumulation with inverse head and shoulders pattern
The natural gas-focused FCG ETF has spent the past 10 years in what David Bird describes as textbook accumulation, featuring an inverse head and shoulders price pattern. Bird notes that the ...
Are you a buy high, sell low or buy low, sell high person, David Bird asks
David Bird posed a question regarding strategies for engaging with the SP500, asking whether people prefer a buy high, sell low approach or a buy low, sell high approach. No additional ...
David Bird: Platinum’s bull market at a potential turning point
David Bird questioned whether platinum’s bull market is ending or just beginning, suggesting that long-term chart analysis can reveal patterns and cycles unique to each asset. Bird described ...
Is another major rotation between Australian property and shares coming, David Bird asks
David Bird questioned whether another major rotation between Australian residential property and shares could be ahead. In a recent post, Bird compared historical price data for both asset classes ...
David Bird: Asset bought late in cycle can yield lower returns despite earlier gains
David Bird shared an example highlighting the risks of entering an asset class late in its cycle. He pointed to CSL, which rose from around $100 in 2015 to over $300 at its peak, emphasizing the ...
Popular investment advice overlooks market cycles, David Bird argues
David Bird criticized the widely used investment saying, 'time in the market, not timing the market,' calling it misleading. He argued that this approach ignores important factors such as ...
David Bird: Nasdaq weakness may be masked by large tech stocks
David Bird expressed concern about potential warning signs in the Nasdaq, stating that the index could be approaching a significant correction. He highlighted that most people focus on the Nasdaq ...
Gold declines while miners outperform, David Bird notes
David Bird observes that while gold prices have fallen, mining stocks are signaling a different trend. He points out that both gold and silver may still be early in a broader precious metals bull ...
David Bird: Australian property prices can fall below construction costs
David Bird questions whether property prices in Australia can decline to levels below the cost of construction, challenging the commonly held belief that ever-increasing construction expenses ...
Capital rotates as commodity cycles develop, David Bird notes
David Bird outlines the typical progression of capital rotation during commodity bull markets. Gold often leads the way by attracting initial investment before larger gold miners eventually ...
David Bird: Gold entered Wave 4 triangle in April 2025 as metals rotated
David Bird observed that in April 2025, gold began moving into a Wave 4 triangle pattern, leading to about six months of consolidation for the metal. During this period, Bird noted that capital ...
Fundamentals often trail price action during market turning points, David Bird notes
David Bird argues that fundamental analysis tends to lag behind actual market movements, especially when identifying major tops in asset classes. He observes that investors who focus strictly on ...
David Bird: Australian property sector sees lasting shift since GFC
David Bird highlights a significant long-term transformation in the structure of Australia's listed property sector. While acknowledging sharp corrections such as those during the global ...
CBA acts as leading indicator for Australian housing, David Bird notes
David Bird draws attention to a notable chart regarding the current downturn in the Australian housing market. He highlights that CBA, as Australia’s largest home lender, serves as a leading ...
David Bird: RBA rate hike odds reach nearly 100 percent today
David Bird highlights that markets are currently assigning about a 90 percent probability to an interest rate hike by the Reserve Bank of Australia today. He states his own estimate is even ...
Australian Energy Index contrasts with Nasdaq movement in 2000s, David Bird notes
David Bird compares the performance of the Australian Energy Index and the Nasdaq, pointing out that the two moved in nearly opposite directions during the 2000s. He highlights charts for both ...
David Bird: Australian Energy Index offers insights into market cycles
David Bird highlights opportunities he sees in the coming decade, suggesting that investors should focus on lesser-known corners of the market. He references the Australian Energy Index, known as ...
Oil reaches rare low compared to U.S. equities, David Bird points out
David Bird draws attention to a chart showing oil prices against the Dow Jones Industrial Average over the last 100 years. He observes that there have only been three previous instances where ...
