Gains from financial and resource stocks pushed the Australian share market to a higher close today. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market up or…
The Price of the VVC/AU reversed its course this week, losing $0.071 per share to end at $2.265 per share and changing the Primary Wave to Dn. Furthermore, our other key indicators, the RT, BSR and MTI, all began moving lower on a week-over-week basis. With one red light and a…
The Australian share market closed lower today as resource stocks faltered due to declining commodity prices. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.For…
Concerns over the global economy plagued the market and Australian equities closed lower today. With one red light and a C/Dn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias to the…
Declining energy shares sent the All Ordinaries Index to a lower close today. However, with three yellow lights and an UpDn situation Prudent Investors should use caution and only buy stocks long if the market moves higher tomorrow. Aggressive Investors and Traders should play the market up or down…
Steep losses from commodity shares 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 and not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias to…
The Price of the VVC/AU managed to move higher for the second consecutive week, gaining $0.007 per share to close the week at $2.336 per share. However, our other key indicators, gave mixed signals this week, as the RT remained unchanged, the BSR made a slight gain and the MTI moved…
Rising crude oil prices boosted sentiment today and Australian stocks ended higher. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops…