The Australian equities market closed higher for the second day in a row as the big miners and Woodside Petroleum led the charge into the black. If the Australian market continues to move higher tomorrow, the Primary signal will return to an Up. Therefore, with three yellow lights and…
Sinking oil prices, a great day on Wall Street and strong performances by the miners and banks helped the Australian equities market rebound strongly today. With three yellow lights and an DnDn situation Prudent Investors should not buy stocks at this time, but get their shopping lists ready in…
A weak lead from Wall Street and another bad day for banks caused the Australian equities market to fall for the third session in a row. With three red lights and an DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…
The Australian equities market closed lower today after Australia’s fourth-largest bank, ANZ, announced they have increased bad debt provisions. With one red light and an DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.You…
A strong week on the market and some mildly reassuring economic news throughout the week helped the MTI and other indicators reverse their course this week. The Price of the VVC/AU hit bottom at $2.18 on Tuesday, July 15th signaling that the start of an uptrend was apparent. Despite hitting the…
Despite a bad day for the resource sector, the Australian equities market ended the day up for the fourth session in a row as the big banks again led the charge. With one green light and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long.Aggressive…
A nice lead from Wall Street overnight and a strong day among retail banks helped the Australian equities market reach its highest mark since July 1st. Therefore, with one green light and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should…
Despite large losses amongst the big banks, the Australian equities market rebounded nicely to end the day flat thanks to a strong day by the big miners. Therefore, With three yellow lights and an UpDn situation Prudent Investors should have their shopping lists ready to buy stocks should the…