It's friday here in sunny Perth and I can't wait for the weekend. If you're anything like me, you look forward to the weekends so you can work on your own projects outside of your normal work. While the weekend awaits, I guess it seems appropriate that I reflect back on the past week.
I enjoy following stocks when I can, but recently I have been busy trying to close a personal project. Despite this, I noticed last week that there were at least three clear opportunities in the markets that were good bets. Those three were London's FTSE 100, the AUD/USD currency pair, and Apple.
h2. FTSE 100
Here's the FTSE 100 bouncing back. There's still plenty of opportunity in this index. I heard some analyst "predicting" it will hit 5,900 in 2006. Probably not a bad idea to keep an eye on the UK market as a whole.
Living in Australia, this currency pair is of particular interest. The pair has been quite volatile lately and was ranging between 0.75 and 0.77 for a while. It's recently slipped under 0.74. Another one to watch.
Everyone knows how well Apple has been performing in the consumer market place lately and this performance has been reflected in the share price. Over the last week the share price has gone up from about $55.50, to $61.85. This stock has been moving very quick lately.