The Price of the VVC/AU closed at $2.285 per share today, rising $0.017 per share over the last week and extending its winning streak to three consecutive weeks. While two of our key indicators the RT and MTI moved higher for the week the BSR moved lower. This bearish divergence between…
Strength in the mining sector offset weakness in the banking sector causing Australian equities to finish the trading session only slightly higher. With one green light and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market with…
Concerns over a possible military attack in Syria pushed the Australian share market to a lower close today. However, 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…
Financial stocks led the Australian equities market to a slightly higher close today. With one green light and an UpUp 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 who…
Gains from banking shares pushed the Australian share market slightly higher today. With three green lights and an UpUp situation Prudent Investors may buy stocks long as the market moves higher. Aggressive Investors and Traders should play the market to the upside.For those of you who are “Riding the…
The Price of the VVC/AU gained $0.021 per share to end the week at $2.268 per share, its second consecutive weekly gain. Moreover, our other key indicators, the RT, BSR and MTI, continued their upward climb on a week-over-week basis. Although we have three green lights and an UpUp situation, our…
Australian stocks closed to the downside today as they followed U.S. markets lower. With two red lights and a DnUp 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…
Gains from banking stocks pushed the Australian share market to a higher close today. However, with two green lights and a DnUp situation Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are…