Australian equities ended the day higher as weaker-than-expected inflation eased concerns surrounding a near-term interest rate hike. Nevertheless, with a mixed bag 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…
Australian equities ended in the red today, following a weak session on Wall Street. 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 10 Stock Model…
Despite news of a new CEO for the Commonwealth Bank, Australian equities closed higher today, focusing, instead, on the strength of the Australian dollar. 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…
The Price of the VVC/AU reversed course from five trading days ago, adding $0.032 per share to close at $2.819 per share and turning the Primary Wave to Up. However, two of our other key indicators, the RT and BSR, ended lower from five trading days ago. The Bearish divergence between…
Australian equities finished the day higher as financial and healthcare stocks led the charge. 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 10 Stock Model…
Gains in financials helped Australian shares end higher today. 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 10 Stock Model Portfolio We are long with…
Declining bank shares sent the AORD to a lower close today. 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 a bias to the downside.Portfolios 10…
For the second consecutive week the Price of the VVC/AU fell, declining $0.029 per share to end at $2.784 per share; giving us a preliminary signal of a sustainable downtrend. Our other key indicators, the RT, BSR and MTI, also lost ground on a week-over-week basis. With the MACD moving into…