Weak iron ore prices dragged the Australian share market to a lower close today. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.For those of you who are…
Steep losses from banking and mining shares sent the All Ordinaries Index to a sharply lower close today. Nevertheless, 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 Price of the VVC/AU reversed its course this week, gaining $0.037 per share to close at $2.449 per share. The Primary Wave has returned to Up and our other key indicators, the RT, BSR and MTI, all moved higher on a week-over-week basis. We now need to see the Price…
A strong Australian dollar weighed on the market pushing Australian equities to a lower close today. Nevertheless, 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…
The Australian share market closed higher today as investors picked up retail stocks. 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…
Gains from mining and financial stocks offset losses from the energy sector today sending Australian equities to a higher close. 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…
Declines from banking stocks pushed the All Ordinaries Index to a lower close today. 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…
The Price of the VVC/AU fell for the second consecutive week, losing $0.067 per share to close at $2.412 per share, 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 two…