The Price of the VVC/AU lost $0.09 per share this week to end at $1.93 per share. Moreover, the RT, BSR and MTI all spiraled lower this week, giving us more signs that the market is far from recovering. While we may see some technical rallies next week, the Color Guard…
Australian stocks closed to the upside today after upbeat remarks from the United State’s President Obama’s State of the Union address. 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…
The Australian equities market fell sharply today after the release of the higher-than-expected CPI rate. 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.For those of you who are “Riding the…
Continued worries over the United States bank reform overhaul caused Australian equities to close in the red today. With three yellow lights and a DnDn situation Prudent Investors should stay on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the…
The Price of the VVC/AU lost $0.07 per share this week to end at $1.99 per share. The Price of the VVC/AU has now fallen for two consecutive weeks and the MTI is below 1.00, giving us a Confirmed Down signal. With two red lights and a C/Dn situation Prudent…
Negative leads from Wall Street and continued concerns over China’s decision to limit bank lending caused the Australian share market to close lower today. With two red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders…
Australian stocks closed slightly higher after BHP Billiton reported better-than-expected production volume for December. With three yellow lights and a DnUp 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…
A day of profit taking caused the Australian share market to close sharply lower. With two red lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the…