Monthly Archive: May 2017

Daily Update Tuesday, May 9, 2017

Weakness in banks dragged Australian equities to a lower close today. 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 as it develops with a bias to the downside. Portfolios…

Daily Update Monday, May 8, 2017

Stronger copper prices helped the Australian share market 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…

Weekly Newsletter Friday, May 5, 2017

The Price of the VVC/AU experienced a pull back this week and ended lower, falling $0.028 per share to finish at $2.623 per share. With the Primary Wave now Down and the MTI below the level of 1.00, we could see a Confirmed Down, C/Dn, situation as early as 10th May…

Daily Update Thursday, May 4, 2017

The All Ordinaries Index ended the day lower with losses in financials and materials leading the fall. Therefore, 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…

Daily Update Wednesday, May 3, 2017

The Australian equity market fell to a lower close today as investors displayed caution ahead of the U.S. Federal Reserve announcement. Therefore, with two red lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors and Traders should play the market…

Daily Update Tuesday, May 2, 2017

Weakness in the financial sector dragged Australian stocks into the red today. Therefore, with one red light 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 AU ETF Model Portfolio We…

Daily Update Monday, May 1, 2017

Gains from industrial shares sent the All Ordinaries Index 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…