Despite the contraversy surrounding Commonwealth Bank’s $2 billion capital-raising debacle, Australian equities surged in early trading and ended the day moderately higher. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should…
Weakness in the resource sector and Telstra led Australian equities to a lower close. 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 to the downside.You may see…
The Australian equities market gained over 2% today on hopes that the U.S. government would implement an auto industry rescue plan soon. With three yellow lights and a DnDn situation Prudent investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should…
The Price of the VVC/AU remained relatively unchanged this week, gaining only $0.009. An Up occurred earlier this week and the RT, BSR and MTI all gained ground. I believe the Up will be short lived, however, since The Price of the VVC/AU would need to move $0.05 to continue with…
Weakness in many sectors caused the Australian share market to close over 1% weaker today. However, with three yellow lights and an UpDn situation Prudent investors may continue to buy high VST-Vector, ‘B’ rates stocks long, but caution is advised.Aggressive Investors and Traders should play the market up…
Despite sizeable losses amongst the major banks, stronger resource stocks led the Australian equities market to a higher close. Therefore, with one green light and an UpDn situation Prudent investors may now go bargain hunting and bottom fishing.Aggressive Investors and Traders should play the market with a bias…
Bank stocks dragged Australian equities down today when news surfaced that Westpac will be raising capital at a heavily discounted rate. Therefore, with three yellow lights and an UpDn situation Prudent investors should have their shoppling lists ready to go bargain hunting and bottom fishing should the market…
Takeover rumors involving Santos boosted oil stocks and led the Australian equities market to a higher close today. With three yellow 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 up…