Anticipation that Beijing will introduce a new monetary easing program to boost the slowing economy pushed the Australian share market to a higher close today. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play…
Weak commodity shares sent the All Ordinaries Index to a sharply lower close today. With three red lights and a DnUp 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…
The Price of the VVC/AU reversed its course again this week, losing $0.017 per share to end at $2.495 per share and changing the Primary Wave to Dn. Furthermore, two of our other key indicators, the BSR and MTI, also moved lower on a week-over-week basis. This movement indicates that upside…
Australian stocks closed to the downside today as they followed U.S. markets lower. 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”,…
With no real catalyst to drive stocks in either direction, Australian equities managed to finish today’s session slightly higher. However, the Price of the VVC/AU ended lower. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases and only buy stocks long…
Strength in the resources sector lifted the Australian stock 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…
Declines from financial stocks sent the All Ordinaries Index to a lower close today. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases and only buy stocks long on up days. Aggressive Investors and Traders should play the market up…
The Price of the VVC/AU reversed its course this week, gaining $0.053 per share from last Friday to close at $2.512 per share. However, our other key indicators gave mixed signals this week, as the RT remained unchanged, the BSR moved slightly lower and MTI squeezed out a gain. Nevertheless, with…