Monthly Archive: August 2011

Weekly Newsletter Friday, August 19, 2011

The Price of the VVC/AU lost a measly $0.006 per share this week to end at $2.087 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 is typically seen at market bottoms. Nevertheless, with two red…

Daily Update Thursday, August 18, 2011

Declines in the energy sector caused Australian equities to close lower today. With three yellow lights and an UpDn situation Prudent Investors should be cautious when buying stocks and only make purchases on up days. Aggressive Investors and Traders should play the market up or down as it develops.For…

Daily Update Wednesday, August 17, 2011

The Australian share market closed higher today after the release of positive wage data and hopes that the Reserve Bank of Australia would keep interest rates unchanged next month. With one green light and an UpDn situation Prudent Investors may buy stocks as the market moves higher.Aggressive Investors and…

Daily Update Tuesday, August 16, 2011

The Australian equities market closed lower today after being dragged down by profit taking and the resource sector. With three yellow lights and an UpDn situation Prudent Investors should be cautious when buying stocks and only make purchases on up days. Aggressive Investors and Traders should play the market…

Daily Update Monday, August 15, 2011

The Australian share market closed sharply higher after the release of a better-than-expected GDP figure from Japan. With three yellow lights and an UpDn situation Prudent Investors should be cautious when buying stocks and only make purchases on up days. Aggressive Investors and Traders should play the market up…

Weekly Newsletter Friday, August 12, 2011

The Price of the VVC/AU gained $0.01 per share this week to end at $2.09 per share. The Primary Wave has now returned to Up and our other indicators, the RT and BSR moved higher on a week-over-week basis. We now need to see the Price of the VVC/AU go up…

Daily Update Thursday, August 11, 2011

The Australian share market closed flat today after a volatile day of trading. 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 up or down as it develops with…

Daily Update Wednesday, August 10, 2011

Australian equities closed to the upside today as they followed U.S. markets higher. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside….