Monthly Archive: February 2020

The Coronavirus and the Gold Stock Portfolio.

The Price of the VVC/AU spiraled lower this week as COVID-19 fears gripped the world. Overall, it faltered $0.346 per share since last Friday to close at $3.361 per share. Our other key indicators, the RT, BSR and MTI, all plummeted this week as well and are at oversold levels. With…

Daily Update Thursday, February 27, 2020

Australian equities closed lower today due to enduring coronavirus worries. With two red lights and a 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.Portfolios 10 Stock Model Portfolio We are long with…

Daily Update Wednesday, February 26, 2020

Australian shares moved sharply lower today as coronavirus fears continued to weigh on the market. With two red lights and a 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.Portfolios 10 Stock Model Portfolio…

Daily Update Tuesday, February 25, 2020

The continuing impact of the coronavirus caused Australian stocks to finish lower today. With three 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 Model…

Daily Update Monday, February 24, 2020

Renewed worries about the coronavirus caused the AORD to close sharply lower today. With two red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.Portfolios 10 Stock Model Portfolio We…

Daily Update Thursday, February 20, 2020

The possibility of increased stimulus measures pushed the AORD to a record high 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.Portfolios 10 Stock Model…

Daily Update Wednesday, February 19, 2020

Australian equities closed higher today with CSL and Cochlear leading the charge. 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.Portfolios 10 Stock Model Portfolio …