After three consecutive weeks of gains, the Price of the VVC/AU closed $0.006 per share lower this week to end at $2.201 per share today, changing the Primary Wave to Dn. However, our other key indicators, the RT, BSR and MTI, all ended the week higher. This is a Bullish divergence…
Financial and energy stocks rallied today leading the Australian share market to a higher close. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only as the market moves higher. Aggressive Investors and Traders should play the market up or down as it develops…
The Australian share market closed just below the break-even mark today amid quiet trading as investors await an update from U.S. Fed Chairman Ben Bernanke on the country’s stimulus measures. However, advances outweighed declines and the Price of the VVC/AU ended the day slightly higher. With one green light…
The Australian share market closed just slightly higher today after the Reserve Bank of Australia indicated there is a possibility of another interest rate cut. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long as the market moves higher. Aggressive Investors and Traders should…
The Australian share market closed to the upside for the fifth consecutive session led by strength in banks. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long as the market moves higher. Aggressive Investors and Traders should play the market up or down as…
The Price of the VVC/AU closed at $2.207 per share today, rising $0.066 per share over the last week and extending its winning streak to three consecutive weekly gains. Our other key indicators, the RT, BSR and MTI, continued to move higher on a week-over-week basis. Furthermore, with the Price of…
News that the U.S. will continue its bond buying program pushed the Australian share market to a higher close today. 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…
The Australian share market closed higher today with mining stocks leading the charge. 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 upside.For those of you…