Worries surrounding Spain’s debt issues pushed Australian stocks lower today. With three yellow lights and an UpDn situation Prudent Investors should only buy stocks long when the market is moving higher. Aggressive Investors and Traders should play the market up or down as it develops.For those of you who…
The Australian share market closed higher today as investors applauded the European election results. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long as the market moves higher. Aggressive Investors and Traders should play the market up or down as it develops with a…
The Price of the VVC/AU fell for the second consecutive week losing $0.017 per share to close at $2.044 per share. Our other indicators the RT, BSR and MTI all followed suit and moved lower on a week-over-week basis. So, with three yellow lights, a DnDn situation and our MACD slightly…
Disappointing economic data from the U.S. and concerns over the Greek elections this weekend caused Australian shares to close lower today. With two red lights and a DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market to the downside.For those of you…
The Australian share market closed slightly lower today as investor’s remained cautious ahead of the Greek elections this weekend. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only on up days. Aggressive Investors and Traders should play the market up or down as…
Gains in the banking sector pushed the Australian share market slightly higher today. With one green light and an UpDn situation Prudent Investors should only make purchases on up days. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the…
The Price of the VVC/AU lost $0.025 per share this week to end at $2.032 per share. While the Price of the VVC/AU closed lower for the week, the BSR and MTI finished higher; this phenomenon is a Bullish divergence and is typically seen at market bottoms. Nevertheless, with two red…
Positive leads from overseas markets sent Australian stocks to a higher close today. However, 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…