Weakness in materials and energy shares dragged the All Ordinaries Index to a lower close today. Therefore, with three red lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play the market with a bias to the downside.Portfolios…
The Price of the VVC/AU reversed its course and moved lower this week, falling $0.021 per share to close at $2.236 per share, turning the Primary Wave back to Dn. Our other key indicators, the RT, BSR and MTI, have also moved lower over the past five-trading days. With the 5-day…
Advances from banking and healthcare stocks sent the Australian share market to a slightly higher close today. Nevertheless, with one red light and a DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play the market as it develops with a…
Australian equities closed lower today as tension in the middle east plagued the market. With one red light and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market as it develops.Portfolios AU ETF Model Portfolio We…
The All Ordinaries Index closed in the red today with losses in resource and banking stocks leading the fall. With one red light and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market as it develops.Portfolios AU…
The Australian stock market closed to the upside today supported by gains in financial and consumer shares. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market as it develops.Portfolios AU ETF Model…
After three consecutive weeks of falling, the Price of the VVC/AU reversed its course, advancing $0.078 per share to close the week at $2.257 per share, returning the Primary wave to Up. We will need to see the Price of the VVC/AU move higher for one more week to give us…
Strength in the U.S. markets helped boost Australian equities to a higher close today. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market as it develops.Portfolios For those of you who…