Monthly Archive: February 2017

Daily Update Thursday, February 16, 2017

Australian equities managed to close just above even today as rising banking shares helped erase early losses. Therefore, with one green 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 with a…

Daily Update Wednesday, February 15, 2017

Upbeat earnings figures from Commonwealth Bank and Wesfarmers helped lift the All Ordinaries Index 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…

Daily Update Tuesday, February 14, 2017

The Australian share market closed to the downside today as concerns over upcoming earnings results erased early gains. Nevertheless, with three yellow lights and an UpUp 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…

Daily Update Monday, February 13, 2017

Australian equities closed to the upside today as rising oil prices and the release of positive earnings results lifted sentiment. Therefore, with one green 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…

Weekly Newsletter Friday, February 10, 2017

The Price of the VVC/AU reversed course this week and began moving higher, gaining a whopping $0.043 per share to finish at $2.558 per share, returning the Primary Wave to Up. Our other key indicators, the RT, BSR and MTI, also improved on a week-over-week basis. Additionally, the Price of the…

Daily Update Thursday, February 9, 2017

Australian shares closed to the upside today as the release of upbeat earnings results boosted sentiment. 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…

Daily Update Wednesday, February 8, 2017

Gains from banking stocks helped lift Australian equities to a higher close today. Therefore, with one green 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 with a bias to the upside.Portfolios…

Daily Update Tuesday, February 7, 2017

The All Ordinaries Index managed to close to the upside today as investors reacted positively to the Reserve Bank of Australia’s decision to leave the cash interest rate unchanged. Nevertheless, with a mixed bag and an UpUp situation Prudent Investors may buy stocks long only if the market is…