Concerns over struggling euro zone economies caused the Australian share market to close lower today. With two 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…
After a volatile day of trading, Australian equities managed to end the session slightly 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…
Stock prices plummeted today on concerns over the euro zone debt crisis and lower-than-expected jobs data from the United States pushing the Australian share market sharply lower. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market…
The Price of the VVC/AU remained unchanged this week at $2.176, while our other key indicators, the RT, BSR and MTI continued to move lower on a week-over-week basis. With our Color Guard giving us mixed signals and our MACD flat, stay tuned next week to see if a clear direction…
Declines in the retail sector led the Australian share market to a lower close today. With one red light and an UpUp situation Prudent Investors should use caution and only buy stocks as the market moves higher.Aggressive Investors and Traders should play the market up or down as…
Positive economic data from China pushed Australian shares to a slightly 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…
The Australian share market closed higher today after the Reserve Bank of Australia decided to lower its cash interest rate by 50 basis points to 3.75%. With a mixed bag and an UpUp situation Prudent Investors should use caution when making new purchases and only buy stocks long on…