The Price of the VVC/AU reversed its course this week, losing $0.008 per share to end at $2.450 per share and changing the Primary Wave to Dn. Our other key indicators, the RT, BSR and MTI, have all moved lower on a week-over-week basis. This movement indicates that upside momentum has…
The Australian share market closed lower today as investors sold off mining stocks. With one red light and a DnUp situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.For those of you who are “Riding the Wave”,…
Banking stocks pushed the Australian share market to a 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 who are…
The Australian share market managed to close slightly higher today amid low trading volume as investors await the release of more corporate earnings. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only when the market is rising. Aggressive Investors and Traders should play…
Weak iron ore prices pushed the Australian Share market to a slightly lower close today. However, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long only when the market is rising. Aggressive Investors and Traders should play the market up or down as it…
The Price of the VVC/AU gained $0.036 per share this week to end at $2.458 per share. Furthermore, with the Price of the VVC/AU advancing for two consecutive weeks and the MTI moving above 1.00, we received a Confirmed Up Signal on Tuesday, 19th of August. Our other key indicators, the…
Strong corporate earnings boosted the Australian share market to a 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 who…
Gains from banking and financial stocks pushed the Australian share market to a higher close today. With one green light and an UpDn 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…