Monthly Archive: March 2020

Daily Update Thursday, March 19, 2020

Concerns that stimulus measures wouldn’t be able to help the market sent the AORD to a lower close today. 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…

Daily Update Wednesday, March 18, 2020

Australian equities finished deep in the red today as investors feared the posibility of a recession. 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…

Daily Update Tuesday, March 17, 2020

Australian stocks finished sharply higher today following stimulus measures from the Reserve Bank of Australia. 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.Portfolios 10 Stock Model Portfolio We are…

Daily Update Monday, March 16, 2020

Australian equities dropped dramatically today due to worries that stimulus measures would not be able to adequately aid the economy. 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…

No Signs of Life Yet.

Uncertainty and fear sent the Price of the VVC/AU sharply lower this week. Overall, it plummeted $0.292 per share to close at $3.038 per share. Our other key indicators, the RT, BSR and MTI, also plunged to historic low levels. We can’t be sure how long this will last, but all…

Daily Update Thursday, March 12, 2020

Australian stocks closed sharply lower today following US travel suspensions due to the coronavirus. With three 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 Wednesday, March 11, 2020

Australian equities decreased today as investors worried that stimulus measures would not offset the decline in the economy. 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…

Daily Update Tuesday, March 10, 2020

Australian equities rose today as stimulus hopes and bottom-fishing aided the market. 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.Portfolios 10 Stock Model Portfolio We are long with a…