Australian equities managed to trim back early losses today after the Reserve Bank of Australia decided to leave the cash interest rate unchanged at 4.75%. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the…
Concerns over the global economy plagued the market and Australian shares closed lower today. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the Wave”, we are…
The Price of the VVC/AU lost $0.01 per share to end at $2.24 per share. While the Price of the VVC/AU closed lower for the week, the MTI finished higher. This phenomenon is a Bullish divergence and suggests that upside potential outweighs downside momentum. Although the market has been flat we…
Disappointing economic data from overseas caused the Australian share market to close sharply lower today. With one red light and an UpDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside.For…
Australian stocks closed flat today after a choppy day of trading. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are…