Australian equities closed lower today as investors dumped stocks and bought gold. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all the action…
The Price of the VVC/AU hit a new low of $2.27 on Thursday, but bounced up slightly today. However, week-over-week, the Price of VVC/AU fell $0.04. We have three yellow lights and a DnDn situation. Therefore Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors…
Australian equities fell sharply today as worries over the global credit crunch returned and interest rate fears were renewed by a jobless report showing that unemployment is at a 33-year low. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy…
Australian equities rebounded today as the world’s central banks moved to ease the credit crisis with another injection of cash into the financial markets. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors…
Global growth concerns continued to plague Australian equities today pushing them lower for the third consecutive day. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You…
Global growth concerns plagued Australian equities today pushing them to a lower close. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all the…
The Price of the VVC/AU fell sharply last week and we now have three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.All investors should be aware of the risks…
Stronger commodity prices and strength in banking stocks pushed Australian equities higher today. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside.You may…