The Australian share market closed sharply higher today after the Reserve Bank of Australia indicated there is a possibility of another interest rate cut. 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…
Weak energy shares pushed the All Ordinaries Index to a modestly lower close today. However, the Price of the VVC/AU ended slightly higher. With two red lights and an UpUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders…
The Australian share market closed higher today on hopes of an interest rate cut from the Reserve Bank of Australia in the near future. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors…
The Australian share market ended the day lower led by weakness in the resource sector. 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 Price of the VVC/AU fell for the second consecutive week, losing $0.052 per share to close at $2.459 per share and giving us a preliminary signal of a sustainable downtrend. Furthermore, our other key indicators, the RT, BSR and MTI, all continued to move lower on a week-over-week basis. With…
Encouraging employment data and gains from financial shares pushed the All Ordinaries Index to a higher close today. Nevertheless, with three yellow 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…
Steep losses from mining stocks pushed the Australian share market to a 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 Australian share market closed flat today after the release of disappointing business confidence data caused morning gains to whittle away in afternoon trading. Therefore, with two red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors…