The Price of the VVC/AU reversed its course this week and began moving lower, falling $0.009 per share to end at $2.370 per share. Furthermore, two of our other key indicators, the BSR and MTI, also moved lower on a week-over-week basis. We now need to see the Price of the…
News that Qantas will cut 5000 jobs dampened investor sentiment today and Australian stocks closed lower. 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 down as it…
Banking stocks pushed the Australian share 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…
Declines from resource stocks dragged the Australian share market to a lower close today. 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 down as it develops with…
With no real catalyst to drive stocks in either direction, Australian equities closed flat 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…
The Price of the VVC/AU gained $0.035 per share this week to end at $2.379 per share. Two of our other key indicators, the BSR and MTI, moved higher on a week-over-week basis. Furthermore, with the Price of the VVC/AU advancing for two consecutive weeks and the MTI above 1.00, we…
Strength in resource stocks offset weak economic data from China and the Australian share market managed to end the trading session slightly higher. 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…
Better-than-expected earnings results from several companies pushed the Australian share market to a higher close today. With one green light and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market with a bias to the upside.For those…