The Australian equities market experienced sharp losses today as credit fears resurfaced and worries of a declining global economy escalated. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.You may see all the…
Australian markets closed the day slightly higher as gold and oil prices rose. Nevertheless, 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.You may see all the action of the…
Much like last week, the Price of the VVC/AU moved in a tight range and failed to find a dominant pattern. Though it remains above the 40-day moving average, the Price of the VVC/AU gained no ground this week, ending at $2.27. The RT, BSR and MTI all gained ground so…
The Australian equities market saw moderate gains today as the Reserve Bank’s announcement of potential interest rate cuts was all the market needed to overcome early losses by the financial sector. Therefore, with three yellow lights and a DnDn situation Prudent Investors should have their shopping lists of high…
The Australian equities market lost ground today after a negative lead from Wall Street and worries about the health of the U.S. financial sector resurfaced. Therefore, with three yellow lights and a DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market up…
The Australian equities market closed moderately higher as large mining firms Rio Tinto and BHP Billiton helped counter early losses. With three yellow lights and an UpDn situation Prudent Investors may cautiously buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market with a bias…
Despite a lackluster day by the mining and energy sectors, the Australian equities market ended the day higher as a big rally on Wall Street Friday led to sizable gains by the financial sector. With one green light and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’…
The Price of the VVC/AU seesawed in a very tight range this week, but gained some ground by week’s end. Though the price failed to really find a pattern this week, it did exceed the 40-day moving average, indicating that the upturn that started on Thursday could last through next week….