Monthly Archive: August 2018

Daily Update Thursday, August 9, 2018

Advancing financials helped lift the AORD today. 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 10 Stock Model Portfolio…

Daily Update Wednesday, August 8, 2018

Australian equities closed to the upside today as bank shares provided support. 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 10 Stock Model Portfolio…

Daily Update Tuesday, August 7, 2018

BHP and Rio Tinto ended lower today as labor disputes hindered buying and sent the AORD into the red. With two red 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…

Daily Update Monday, August 6, 2018

Australian equities moved higher today as stronger iron prices inspired buying. 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 10…

Puts to Protect the Downside.

The Price of the VVC/AU reversed its course for the third consecutive week, losing $0.028 per share to close at $3.020 per share and turning the Primary Wave to Dn. Furthermore, our other key indicators, the RT, BSR and MTI, also followed suit and moved lower from five trading days ago….

Daily Update Thursday, August 2, 2018

Australian shares finished to the downside today as falling mining stocks weighed. 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 with a bias to the downside. Portfolios 10 Stock…

Daily Update Wednesday, August 1, 2018

Losses in financials outweighed gains in miners sending the AORD to a lower close in late trade today. However, the Price of the VVC/AU ended modestly higher today. With a mixed bag and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive…