The Australian stock market finished higher today as investors went bargain hunting. However, with one red light and a DnDn 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 who are “Riding the Wave”,…
Pro-democracy protests in Hong Kong sent the Australian stock market into negative territory today. Therefore, with two red lights and a DnDn 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 who are “Riding…
The Price of the VVC/AU moved lower for the fifth consecutive week, losing $0.039 per share to close at $2.336 per share. Our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis. Therefore, with three red lights, the MACD in negative territory and a DnDn…
The Australian stock market finished modestly higher today after the release of economic data. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside.For…
Weakness in resources sent the Australian stock market into negative territory today. Therefore, with three 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 short…
Strong Chinese manufacturing data lifted investor sentiment and sent the Australian stock market to a higher close today. However, with one red light and a DnDn 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…
The Australian stock market closed in negative territory today with losses in resources leading the way. Therefore, with three 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…
The Price of the VVC/AU fell for the fourth consecutive week, losing $0.034 per share to close at $2.375 per share. Our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis. Furthermore, with the RT falling below 1.00 this week, this indicates Bearish momentum in…