The Price of the VVC/AU could not sustain the upside momentum it began the week with, falling $0.016 per share to close at $2.294 per share, its second consecutive weekly decline. Moreover, our other key indicators, the RT, BSR and MTI, also fell on a week-over-week basis. With our MACD in…
Australian equities managed to close slightly higher on extremely light volume due to the U.S. Thanksgiving holiday. With three yellow lights and an UpDn situation Prudent Investors should get their shopping lists ready to buy high VST-Vector, ‘B’ rated stocks if the market moves higher tomorrow.Aggressive Investors and Traders…
Declines from resource shares dragged the Australian share market to a lower close today. With one red light and an UpDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are…
Strength in the banking sector offset weakness in the resource sector causing Australian equities to finish the trading session only slightly higher. However, with one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a…
News that Iran has reached a nuclear agreement pushed the Australian share market to a higher close today. However, with three yellow lights and a DnDn situation Prudent Investors should 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 resumed its downside drive this week, losing $0.029 per share to close at $2.310 per share. Furthermore, our other key indicators, the RT, BSR and MTI, all continued to move lower on a week-over-week basis. Therefore, with our MACD negative, three yellow lights and a DnDn…
Concerns over the U.S economy dragged the Australian share market to a lower close today. 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 who are “Riding the Wave”,…
Continued profit taking pushed the Australian share market to a lower close today. 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 who are “Riding the Wave”, we are…