Monthly Archive: May 2016

Daily Update Tuesday, May 31, 2016

Australian shares closed to the downside today as losses from energy stocks weighed on the market. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long if the market moves higher tomorrow.Aggressive Investors and Traders should play the market as it develops.Portfolios AU…

Daily Update Monday, May 30, 2016

Advances from energy shares sent the All Ordinaries Index to a modestly higher close today. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market moves higher tomorrow.Aggressive Investors and Traders should play the market with a bias to the…

Weekly Newsletter Friday, May 27, 2016

The Price of the VVC/AU moved even higher this week, advancing $0.022 per share to finish at $2.379 per share. However, our other key indicators were mixed on a week-over-week basis, with the RT remaining unchanged, the BSR ending slightly lower and the MTI squeezing out a modest gain. With our…

Daily Update Thursday, May 26, 2016

Positive leads from Wall Street helped Australian equities close to the upside today. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the market moves higher tomorrow.Aggressive Investors and Traders should play the market as it develops with a bias to the…

Daily Update Wednesday, May 25, 2016

The All Ordinaries Index soared today as strong commodity prices boosted resource and energy stocks. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks long if the market moves lower tomorrow.Aggressive Investors and Traders should play the market as it develops.Portfolios AU ETF…

Daily Update Tuesday, May 24, 2016

Faltering oil prices dragged Australian shares to a lower close today. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks long if the market moves lower tomorrow.Aggressive Investors and Traders should play the market as it develops with a bias to the downside.Portfolios…

Daily Update Monday, May 23, 2016

Losses from resource shares sent the All Ordinaries Index to a lower close today. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks long if the market moves lower tomorrow.Aggressive Investors and Traders should play the market as it develops with a bias…

Weekly Newsletter Friday, May 20, 2016

The Price of the VVC/AU continued to rise this week, gaining $0.016 per share to close at $2.357 per share. However, our other key indicators, the RT, BSR and MTI, failed to follow suit on a week-over-week basis and are now falling off of recent highs; creating a Bearish divergence and…