Australian equities closed to the upside today as bargain hunters stepped in to pick up beaten down financial and mining stocks. Nevertheless, with three yellow lights and an UpDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market as it develops.Portfolios For those…
The Australian share market plummeted today as poor Chinese industrial profits triggered losses in resources. With two red lights 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.Portfolios For those of you who are…
The All Ordinaries Index soared today supported by gains in the banking sector. With three yellow lights and an UpDn situation Prudent Investors should remain on the sidelines until we see a Green light in the Price column.Aggressive Investors and Traders should play the market up or down as…
The Price of the VVC/AU reversed its course yet again this week, falling $0.039 per share from five trading days ago to close at $2.172 per share. However, our other key indicators gave mixed signals this week, as the RT remained unchanged, the BSR squeezed out a modest gain and MTI…
Australian equities closed to the upside today as investors stepped in to pick up bargains in banking shares. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a…
Poor Chinese manufacturing data dampened investor confidence and dragged the All Ordinaries Index to a sharply lower close today. Therefore, 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…
Australian stocks closed to the upside today as they followed U.S. markets higher. Therefore, with one green light and an UpDn 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.Portfolios For those…
The Australian share market closed to the downside today as the decision to leave U.S. interest rates unchanged triggered concerns over the global economy. 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…