Better-than-expected economic data pushed Australian stocks higher 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 downside.For those of you who…
The Australian share market closed higher today after the Reserve Bank of Australia lowered its cash interest rate by 25 basis points to 3.50%. 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…
Concerns over the global economy pushed Australian stocks to a sharply lower close 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 are…
The Price of the VVC/AU remained unchanged this week at $2.057. However, our other key indicators the, RT and MTI made slight gains, while the BSR was unchanged again this week. With our Color Guard giving us mixed signals, our indicators painting a foggy picture and our MACD flat, stay tuned…