The Price of our VVC/AU dropped $0.09 this week to $1.50. We are currently $0.01 above our all-time low and a gain of $0.06 would be necessary for the Primary Wave to turn Up. With economic reports about unemployment, inflation and a speech by RBA Governor Glenn Stevens coming up next…
Australian equities edged lower today after weaker-than-expected building approval data surfaced and Rio Tinto shares continued to fall. 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…
More gloomy economic data limited gains today and Australian shares closed slightly 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 play the market up or down as it develops…
Despite a cut in official interest rates, Australian equities fell over 4% today after gloomy economic data sent U.S. and European markets plunging. With one red light and a DnDn situation Prudent investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders…
Australian equities limited losses, but finished lower today as investors and traders waited for the Reserve Bank of Australia’s decision regarding interest rates tomorrow. Therefore, with three yellow lights and an UpDn situation Prudent investors and traders may continue to bargain hunt and bottom fish, but caution is…