Monthly Archive: August 2016

Daily Update Tuesday, August 9, 2016

The All Ordinaries Index closed to the upside today despite the release of mixed earnings reports. However, the Price of the VVC/AU ended modestly lower. With one red light and a DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should…

Daily Update Monday, August 8, 2016

The Australian share market closed to the upside today following the release of encouraging U.S. jobs data. Nevertheless, with three yellow lights 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.Portfolios AU…

Weekly Newsletter Friday, August 5, 2016

The Price of the VVC/AU reversed its course this week and began moving lower, falling $0.019 per share to end at $2.470 per share, turning the Primary Wave to Dn. Two of our other key indicators, the BSR and MTI, also lost ground on a week-over-week basis. We will now need…

Daily Update Thursday, August 4, 2016

The Australian stock market closed to the upside today with gains in the energy sector providing support. However, the Price of the VVC/AU ended slightly lower. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders…

Daily Update Wednesday, August 3, 2016

Losses from banking and financial stocks dragged the Australian share market to a sharply lower close today. Therefore, 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…

Daily Update Tuesday, August 2, 2016

The All Ordinaries Index fell to a lower close today despite news that the Reserve Bank of Australia lowered interest rates. Nevertheless, 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…

Daily Update Monday, August 1, 2016

Strength in resource shares lifted the Australian stock market to a higher close today. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market with a bias to the upside.Portfolios AU…