Losses in banking stocks sent the Australian share market to a lower close today. 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…
Fears surrounding global economic growth 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 Price of the VVC/AU reversed its course over the last five trading days and began moving lower, falling $0.045 per share to close at $2.349 per share. Moreover, two of our other key indicators, the BSR and MTI, moved lower over the last five trading days. Therefore, with three yellow…
Weakness in banking and energy stocks sent the Australian share market to a lower close today. 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…
Steep declines from mining stocks pushed the Australian share market to a sharply lower close today. With one red light and a DnDn 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…
Profit taking led the Australian share market to a lower close today. With three yellow lights and an UpDn 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.For those of you who…
Lower-than-expected housing finance data dragged Australian equities to a lower close today. With three yellow lights and an UpDn 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.For those of you who…
The Price of the VVC/AU managed to gain $0.007 per share to end the week at $2.394 per share. Although the Price of the VVC/AU moved higher, two of our other key indicators, the RT and MTI moved lower this week, creating a bearish divergence. This movement suggests that downside risk…