Monthly Archive: May 2016

Daily Update Monday, May 9, 2016

Australian shares closed to the upside today with strength in energy and banking stocks providing support. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long only if the market moves higher tomorrow. Aggressive Investors and Traders should play the market as it…

Weekly Newsletter Friday, May 6, 2016

The Price of the VVC/AU managed to move higher this week, gaining $0.009 per share to end at $2.315 per share. However, our other key indicators, the RT, BSR and MTI, ended mixed over the last five trading days, with the RT unchanged, the BSR moving higher and the MTI moving…

Daily Update Thursday, May 5, 2016

The Australian stock market finished today’s session higher as investors cheered cash profit results from National Australia Bank. However, the Price of the VVC/AU ended lower. Nevertheless, with one green light and an UpUp situation Prudent Investors may buy stocks long only if the market moves higher tomorrow.Aggressive…

Daily Update Wednesday, May 4, 2016

Losses from resource stocks caused Australian equities to plummet today. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market moves higher tomorrow.Aggressive Investors and Traders should play the market as it develops.Portfolios AU ETF Model Portfolio We…

Daily Update Tuesday, May 3, 2016

The Australian share market soared today as investors reacted positively to the Reserve Bank of Australia’s decision to cut interest rates. Therefore, with three 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…

Daily Update Monday, May 2, 2016

The All Ordinaries Index closed to the downside today as losses in banking shares weighed on the market. However, the Price of the VVC/AU ended higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long if the market moves higher tomorrow.Aggressive Investors and…