Losses in energy shares led the Australian stock market 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 when the market is rising. Aggressive Investors and Traders should play the…
The All Ordinaries Index closed slightly higher today as gains in the banking sector outshined losses in mining shares. 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…
The Price of the VVC/AU reversed its course yet again this week, losing a modest $0.01 per share to close at $2.268 per share. However, our other key indicators, the RT, BSR and MTI, are resting at their highest levels in over two months. The Bullish divergence between the Price of…
The Australian share market closed higher today with advances in the mining sector providing support. Therefore, with two green lights and an UpDn situation Prudent Investors may buy stocks long as the market is rising. Aggressive Investors and Traders should play the market with a bias to the upside.Portfolios…
Weakness in resource, energy and mining shares dragged the All Ordinaries Index lower today. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market as it develops with a bias to the downside.Portfolios For…
Losses in resources dragged Australian shares to a lower close today. With three yellow lights and an UpDn situation Prudent Investors should use caution and only buy stocks long as the market is rising. Aggressive Investors and Traders should play the market as it develops.Portfolios For those of you…
Profit taking in the energy sector caused the All Ordinaries Index to a close lower today. Nevertheless, with one green light and an UpUp situation Prudent Investors may buy stocks long as the market is rising. Aggressive Investors and Traders should play the market with a bias to the…
The Price of the VVC/AU reversed its course this week, advancing a whopping $0.12 per share to close at $2.278 per share. Furthermore, our other key indicators, the RT, BSR and MTI, moved markedly higher on a week-over-week basis. We will need to see the Price of the VVC/AU move higher…