Monthly Archive: April 2020

Daily Update Thursday, April 30, 2020

Australian stocks closed sharply higher today with financial and energy sectors leading the charge. With one green light and an UpDn 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…

Daily Update Wednesday, April 29, 2020

Australian equities closed sharply higher today as global COVID-19 lockdown restrictions started to become more relaxed. With one green light and an UpDn 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…

Daily Update Tuesday, April 28, 2020

After hearing the Treasury was not in the process of creating further stimulus measures, Australian stocks closed just below even today. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as…

Daily Update Monday, April 27, 2020

The Bank of Japan proposing to buy government bonds helped Australian equities close higher today. 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…

The MTi Has Not Broken Above 1.00.

The falling price of crude put a damper on stock prices this week and the Price of the VVC/AU finished to the downside. Overall, it lost $0.096 per share to close at $2.938 per share and the Primary Wave has returned to Dn. Our other key indicators, the RT, BSR and…

Daily Update Thursday, April 23, 2020

The AORD finished modestly lower today as losses in the financial and healthcare sectors outweighed the increases in miner shares. However, the Price of the VVC/AU ended just slightly higher. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…

Daily Update Wednesday, April 22, 2020

Australian equities ended slightly lower today as losses in energy and mining stocks were offset by stronger-than-expected retail sales reports. 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…

Daily Update Tuesday, April 21, 2020

Statements about a significant economic contraction from the RBA caused Australian stocks to finish lower today. 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…