Monthly Archive: May 2017

Daily Update Wednesday, May 31, 2017

The All Ordinaries Index finished slightly higher today as strength in the financial and consumer sectors provided support. However, the Price of the VVC/AU ended modestly lower. Therefore, with one red light and a DnDn situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors…

Daily Update Tuesday, May 30, 2017

Gains from banking shares helped the Australian stock market close to the upside today. Nevertheless, with two 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…

Daily Update Monday, May 29, 2017

The All Ordinaries Index closed in the red today as falling commodity prices dented energy stocks. Therefore, with two red lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling tomorrow. Aggressive Investors and Traders should play the market with a bias to…

Weekly Newsletter Friday, May 26, 2017

Despite receiving a Confirmed Down, C/Dn, signal on Wednesday, 24th May, the Price of the VVC/AU bounced off the support level of $2.61 per share and added an overall $0.015 per share for the week to end at $2.618 per share. The Primary Wave has returned to Up and we will…

Daily Update Thursday, May 25, 2017

Strength in the materials and financial sectors lifted Australian equities higher today. Therefore, with one green light and an UpDn 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…

Daily Update Wednesday, May 24, 2017

The Australian stock market managed to close to the upside today as gains from CSL Ltd lent support. However, the Price of the VVC/AU ended slightly lower. With one red light and a C/Dn situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors…

Daily Update Tuesday, May 23, 2017

Weak banking shares led the All Ordinaries Index into the red today. However, the Price of the VVC/AU moved modestly higher. 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…

Daily Update Monday, May 22, 2017

Rising oil prices helped Australian shares close higher 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 Portfolio We are…