The Price of the VVC/AU fell for the second consecutive five day trading period, losing $0.027 per share to close at $2.275 per share. Our other key indicators the RT, BSR and MTI, all followed suit and continued to move lower. Therefore, with one red light, a DnDn situation and our…
Uncertainties surrounding the United States bond buying program caused the Australian share market to close to the downside 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…
News that the central bank of Turkey increased its lending rate boosted investor confidence and the Australian share market closed sharply higher today. However, with three yellow lights and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders…
Concerns over China’s economy dragged the Australian share market 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 “Riding the Wave”,…
The Price of the VVC/AU reversed its course for the third consecutive week, losing $0.024 per share to end at $2.299 per share and changing the Primary Wave to Dn. However, two of our other key indicators, the RT and BSR ended the week higher. This is a Bullish divergence and…
Steep declines from financial stocks pushed the Australian share market to a lower close today. With three yellow lights and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it…
The Australian share market closed lower today as investors sold off banking and resource stocks. With three yellow lights and an UpUp situation Prudent Investors should be cautious when buying stocks and only make purchases on up days. Aggressive Investors and Traders should play the market up or down…
Australian stocks closed to the upside today as they followed overseas markets 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 a bias to the upside.For those of you…