Australian stocks closed the day higher, boosted by resource stocks and backed by firmer commodity prices. 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 to the downside.You…
The Price of the VVC/AU fell sharply this week, closing at $1.52. We are in a Confirmed Dn situation and the RT, BSR and MTI all lost ground. With the Price of the VVC/AU now $0.05 below Monday’s price of $1.57, it is safe to assume the Primary Wave will remain…
Australian stocks dropped over 4% today after bad jobs data and worries over corporate earnings took the market to a five-week low. With three red lights and a C/Dn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the…
The Australian stock market closed higher on gains in the banking and resource sectors. With three yellow lights, a DnDn situation and the presumption that stock prices will continue to move higher again tomorrow Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…
A horrible day by mining and energy stocks led Australian equities to a lower close. With three yellow lights, a DnDn situation and the presumption that stock prices will continue to move lower tomorrow Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…
More bad economic data caused Australian shares to end the day mildly in the red. 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 play the market up or down as…
The Price of the VVC/AU moved in a tight range, but closed the week higher ending at $1.60. We received a Confirmed Up call on Wednesday and the RT, BSR and MTI all experienced healthy gains this week. The Price of the VVC/AU is currently above Monday’s price of $1.58 meaning…
A poor day in the resource sector brought Australian equities to a lower close today. 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 play the market up or down as…