The Price of the VVC/AU gained $0.09 this week ending at $1.59. Our recent bottom of $1.49 has served as a support level thus far. Recently, rallies have occurred after a new low has been reached and have lasted roughly 5 days. Right now is a great time to find some…
A rally in the resource sector pushed Australian equities higher today. Therefore, with three yellow lights and an UpDn situation Prudent Investors should have their shopping lists ready to go bargain hunting and bottom fishing should the market continue to move higher tomorrow.Aggressive Investors and Traders should play…
Mining firm Rio Tinto dragged the Australian equities market into the red today after BHP Biliton withdrew their takeover bid for the smaller firm. 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…
Australian shares gained more than 4% today after the mining and oil sectors turned in an impressive outing. 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…
After spending the majority of the day in the red, Australian equities came back to end slighlty higher after a rescue plan for U.S. Citibank was announced. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the…
The Price of the VVC/AU crashed through our previous support level of $1.64 and hit a new low of $1.49 on Thursday. Will the Price of the VVC/AU continue to fall? Only time will tell at this point. We know that recently, every time the Price of the VVC/AU has…
Australian equities entered their second-worst bear market in history today as Asian markets tumbled more than 5%. 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 downsideYou may see all the…
The Australian equities market fell moderately today after more bad economic reports and corporate earnings figures surfaced. 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 may see all the…