Mining and banking stocks dragged the Australian equities market down nearly 3.5% today, falling to their lowest level since 2004. 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…
The Australian equities market hit a new four-year low today after a bad lead from Wall Street and more grim economic data surfaced. With one red light and a DnDn situation Prudent investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders…
The Price of the VVC/AU fell $0.09 this week ending at $1.66. It also hit a new low of $1.62. The Primary Wave, as predicted in last Friday’s Views, has changed to Dn. With more corporate earnings reports coming out next week and the U.S. releasing Retail Sales Figures later today,…
The Australian equities market lost nearly $60 billion today as local shares fell to their lowest levels in over four years. 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 Australian equities market fell today after heavy losses amongst international share markets took a toll on local stocks. With one red light 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…
Renewed fears over a global recession resurfaced today and Australian shares closed sharply down. Nevertheless, 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 may…
Despite a weak performance by the banking sector, China’s $862 billion rescue plan boosted mining stocks and sent the Australian equities market upward. Nevertheless, with three yellow lights and a DnDn situation Prudent should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders…
The Price of the VVC/AU, much like Australian shares, had a topsy-turvy week, but managed to gain $0.03 from last Friday. Though the Primary Wave has remained an Up, the Price of the VVC/AU would need to gain $0.05 to continue its course on Monday. With the watchful eye of investors…