The Price of the VVC/AU lost $0.02 per share this week to close at $2.09 per share and changing the Primary Wave to down. Furthermore, our other indicators the RT, BSR and MTI all followed suit and moved lower on a week-over-week basis. We now need to see the Price of…
Worries over Greece’s debt weighed heavily on investors’ minds and the Australian share market closed 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 should play the market up or down…
Strength in the financial sector offset weakness in the mining sector causing Australian equities to finish the trading session slightly higher. However, with one red light 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 Australian share market closed lower today after Moody’s downgraded Italy, Spain and Portugal’s credit rating. With one red light and an UpUp situation Prudent Investors should use caution and only buy stocks if the market moves higher tomorrow.Aggressive Investors and Traders should play the market up or…
News that the Greek Parliament passed an austerity package caused the Australian share market to close higher today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks only on up days.Aggressive Investors and Traders should play the market with a bias to the upside. For…
The Price of the VVC/AU has moved higher for the fifth consecutive week, gaining $0.02 per share to close the week at $2.11 per share. Moreover, our other key indicators, the RT, BSR and MTI all moved slightly higher. Therefore, with three yellow lights and an UpUp situation Prudent Investors may…
Lower-than-expected earnings results from Telstra and BHP Billiton caused Australian equities to close lower today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks only on up days.Aggressive Investors and Traders should play the market up or down as it develops with a bias to…
Gains in energy stocks pushed the Australian share market higher today. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market to the upside.For those of you who are “Riding the Wave”, we are…