The Australian equities market experienced its biggest one-day gain in almost four months as strength in property trusts and big mining firms added support. With three yellow lights and a UpDn situation Prudent Investors should use caution when making new purchases or simply remain on the sidelines.Aggressive Investors and…
A week of more economic angst and uncertainty caused many of our major indicators to experience losses. The price of the VVC/AU hit its lowest low on Wednesday and met the same dreary mark on Friday. It ended a volatile week at $2.18, down $0.06 from last Friday’s reading of $2.24….
The Australian equities market experienced modest gains for the second day in a row after a good day on Wall Street and a strong showing by the financial sector. Therefore, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…
The Australian equities market saw strong gains today, led by the financial sector who benefited from the Reserve Bank’s announcement that interest rates had peaked. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market…
The Australian equities market plunged more than 2% today after the US Treasury bailed out home mortgage lenders Freddie Mac and Fannie Mae causing major losses in the financial sector. Therefore, with two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive…
The Australian equities market fell to a two-year low level today as large mining firms and property trusts experienced huge losses. Therefore, with two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You…
A tough week full of disappointing economic and market news brought plenty of red to the color guard and caused many of our indicators to suffer. Despite early gains, the price of the VVC/AU fell marginally this week, ending at $2.24, down $0.04 from last Friday’s reading of $2.28. The MTI…
Despite a strong afternoon, the Australian equities market closed sharply lower as credit concerns continued to haunt the financial sector. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see…