Monthly Archive: October 2013

Daily Update Wednesday, October 9, 2013

Australian shares managed to close slightly higher after a volatile day of trading. However, the Price of the VVC/AU ended lower. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.For those of you…

Daily Update Tuesday, October 8, 2013

Continued concerns over the United States government shutdown pushed Australian equities to a lower close today. With three red lights and a DnDn 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…

Daily Update Monday, October 7, 2013

Worries over the United States economy dragged the Australian share market to a lower close today. With two red lights and a Confirmed Dn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the…

VectorVest 7 Australia Is Here!

The Price of the VVC/AU reversed its course this week and began moving lower, falling $0.046 per share to close at $2.282 per share. Furthermore, our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis. We now need to see the Price of the VVC/AU…

Daily Update Thursday, October 3, 2013

The Australian share market moved higher today led by resource stocks. However, with three yellow 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 the market up or down as it develops.For those…

Daily Update Wednesday, October 2, 2013

Gains from banking stocks pushed the Australian share market to a slightly higher close 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…

Daily Update Tuesday, October 1, 2013

News that the U.S. government has shut down pushed the Australian share market to a lower close today. 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…