Australian stocks closed to the upside today after the release of encouraging production results from Woodside and Santos. With one green light and an UpDn situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market with a bias to the…
Weak commodity prices and concerns over the U.S. economy pushed the Australian share market to a lower close today. With three yellow lights and an UpDn situation Prudent Investors should use caution when buying stocks at this time, only buying stocks long if the market moves sharply higher tomorrow….
Australian stocks closed to the upside today as banking stocks provided support. However, with three yellow lights and an UnDn situation Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.For those of you who are “Riding the…
Positive leads from overseas markets pushed the Australian share market to a higher close today. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.For those of you who…
After rising for two consecutive weeks, the Price of the VVC/AU reversed its course, losing $0.023 per share to end at $2.034 per share, wiping out the previous week’s gains. Our other key indicators, the RT, BSR and MTI also moved lower and our MACD is flat. Therefore, with three yellow…
Declines on Wall Street incited a sell-off in mining shares today sending the Australian share market to a lower close. With one red light and a DnDn situation Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.For…
The Australian share market closed the day slightly lower on weakness in the mining sector. With one red light and a DnDn situation Prudent Investors should move to the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.For those of you who are…
Weaker-than-expected Chinese import data dampened investor sentiment today sending the Australian share market to a lower close. With one red light and a DnDn situation Prudent Investors should move to the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.For those of you…