Gains in the banking sector lifted Australian equities to a slightly 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 you who are “Riding…
The Australian stock market closed lower today as investors anticipated the results of the U.S. Federal Reserve meeting. 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…
Caution ahead of the U.S. Federal Reserve meeting sent Australian equities 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”,…
The Australian stock market fell to a lower close today as investors displayed caution ahead of the U.S. Federal Reserve announcement. 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…
The Price of the VVC/AU fell for the third consecutive week, losing $0.025 per share to close at $2.409 per share. Our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis. Furthermore, with the Price of the VVC/AU falling for two consecutive weeks and the…
Losses in the resource sector sent the Australian stock market to a lower close today. Therefore, with two red lights and a C/Dn 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…
Australian shares finished in negative territory today after the release of weak economic data. Therefore, with two red lights and a DnUp 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…
Strength in the resources sector lifted the Australian stock market into positive territory today. However, with three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are “Riding…