The Australian share market closed to the upside today on hopes of an interest rate cut from the Reserve Bank of Australia tomorrow. With one green light and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long if the market continues to move higher tomorrow.Aggressive…
The Price of the VVC/AU lost a measly $0.001 per share this week to close at $2.176 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…
Australian stocks closed to the upside today as they followed U.S. markets higher. With one green light and an UpUp situation Prudent Investors may buy stocks long on up days.Aggressive Investors and Traders should play the market with a bias to the upside.For those of you who are “Riding…
Australian shares closed slightly higher today on hopes of an interest rate cut from the Reserve Bank of Australia. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases and only buy stocks long on up days. Aggressive Investors and Traders should…
Disappointing Chinese manufacturing data pushed the Australian share market to a lower close today. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases and only buy stocks long on up days. Aggressive Investors and Traders should play the market up or…
The Price of the VVC/AU succeeded in gaining another $0.006 per share this week to end at $2.177 per share. However, our other indicators the RT and BSR moved lower on a week-over-week basis. This bearish divergence signals there may be trouble ahead and to use caution. So, with two red…
Gains in the resource sector pushed Australian stocks to a higher close today. With one green light and an UpUp situation Prudent Investors may buy stocks long on up days.Aggressive Investors and Traders should play the market with a bias to the upside.For those of you who are “Riding…
A positive result of the sale of short-term Spanish bonds pushed the Australian share market higher today. With one green light and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long only if the market continues to move higher tomorrow.Aggressive Investors and Traders should play…