Monthly Archive: October 2019

Daily Update Thursday, October 31, 2019

Worse-than-expected earnings data from ANZ Banking group pushed Australian shares to a lower close today. 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.To view the All User…

Daily Update Wednesday, October 30, 2019

Losses in mining stocks led the decline and Australian shares closed lower today. 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 developes.To view the All User Group Member…

Daily Update Tuesday, October 29, 2019

Remarks from President Trump gave hope for an end to the trade deal between Beijing and Washington and Australian stocks closed modestly higher. With bone 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…

Daily Update Monday, October 28, 2019

Optimism amid progress in the US/Sino trade talks boosted sentiment and Australian shares closed modestly higher 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 with a bias to the upside.To…

Top Trump Cards.

The Price of the VVC/AU managed to move higher again this week, gaining $0.045 per share to close at $3.361 per. Two of our other key indicators, the BSR and MTI, also closed higher on a week-over-week basis. With the Price of the VVC/AU moving higher for two consecutive Friday over…

Daily Update Thursday, October 24, 2019

Strength in resource shares buoyed by gains in crude prices led Australian stocks to a modestly higher close. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops.To view the All User…

Daily Update Wednesday, October 23, 2019

Australian stocks ended modestly lower today as gains in mining stocks were offset by profit-taking in healthcare shares. With two red lights and an DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.To view…

Daily Update Tuesday, October 22, 2019

Investor optimism amid some progress in the trade deal between Washington and Beijing sent Australian stocks to a higher close today. With three yellow lights and an DnDn situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as…