The Australian share market closed higher today on hopes of an interest rate cut from the Reserve Bank of Australia. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play…
Australian shares managed to close slightly higher after a volatile day of trading. However, declines outweighed advances and the Price of the VVC/AU ended lower. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the…
Gains from energy stocks pushed the Australian share market slightly higher today. However, with one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops…
The Price of the VVC/AU fell $0.032 per share this week to close at $2.142 per share. The Primary Wave is down and our other key indicators, the RT, BSR and MTI, all moved lower on a week-over-week basis. We now need to see the Price of the VVC/AU go down…
Strength in telecom stocks offset weak earnings data from the U.S. and Australian equities ended the trading session slightly higher. However, with two red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play…
Disappointing earnings data from the United States pushed the Australian share market to a lower close today. With one red light and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market with a…
Although the trading was choppy today, the banking sector managed to push Australian equities to a slightly higher close. 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…
Declines in the mining sector 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…