Monthly Archive: October 2016

Daily Update Monday, October 31, 2016

Australian shares closed to the upside today as the release of upbeat earnings results from Qantas and the rising price of oil boosted sentiment. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play…

Weekly Newsletter Friday, October 28, 2016

For the third consecutive week, the Price of the VVC/AU moved lower, falling $0.074 per share to finish at $2.348 per share. Our other key indicators, the RT, BSR and MTI, also lost ground on a week-over-week basis and have been hitting lower lows. After falling 3.1% this week, the Price…

Daily Update Thursday, October 27, 2016

Losses from retail and energy stocks dragged the Australian equity market lower 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 AU ETF Model…

Daily Update Wednesday, October 26, 2016

Australian shares plummeted today following discouraging earnings results from Wesfarmers. 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 AU ETF Model Portfolio We…

Daily Update Tuesday, October 25, 2016

Strength in materials and financial shares pushed the All Ordinaries Index to a higher close today. Nevertheless, with three yellow lights and a DnDn 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 ETF Model…

Daily Update Monday, October 24, 2016

Australian equities closed to the downside today as declines in energy and healthcare stocks weighed. Therefore, with one red light 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 AU…

Weekly Newsletter Friday, October 21, 2016

The Price of the VVC/AU continued to move lower over the last five trading days, sliding $0.005 per share to end the week at $2.422 per share. However, our other key indicators ended mixed over the last five-day trading period, with the RT remaining stagnant, the BSR squeezing out a modest…

Daily Update Thursday, October 20, 2016

Positive leads from U.S. markets coupled with rising oil prices sent Australian shares to a higher close today. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as it develops.Portfolios AU…