Positive economic data from China pushed the Australian share market to a higher close today. However, with three yellow 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…
Australian stocks closed to the downside today as they followed global markets lower. With three red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the Wave”, we…
Australian equities closed lower today as investors reacted negatively to the Reserve Bank of Australia’s decision to lower its cash interest rate. 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…
Australian equities closed slightly lower today as investors await the Reserve Bank of Australia’s decision regarding interest rates. 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…
The Price of the VVC/AU increased $0.031 per share this week to close at $2.258 per share, its second consecutive weekly gain. Moreover, our other key indicators, the RT, BSR and MTI, all moved higher on a week-over-week basis. Therefore, with our MACD slightly positive, one green light and an UpUp…
The Australian share market closed higher today on encouraging economic data from China. 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…