Australian equities closed lower today with energy shares leading the decline as COVID-19 lockdowns decreased oil consumption. With three yellow lights 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.Portfolios 10 Stock Model…
Although investors remained cautious amid talk of a possible global recession, some better-than-expected trade data from China provided comfort. The Price of the VVC/AU finished to the upside for the second consecutive five-day trading period. Overall, it rose $0.104 per share to close at $3.034 per share. Our other key indicators,…
Weak economic data from the U.S. sent Australian shares to a lower close today. With three yellow lights 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.Portfolios 10 Stock Model Portfolio We…
Fears of a recession resulting from the coronavirus sent the Australian stock market to a modestly lower close today. However, the Price of the VVC/AU finished slightly higher. With one green light and an UpDn situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and…
Outstanding trade data from China sent Australian shares higher today. 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 10 Stock Model Portfolio…
Despite continued volatility, the Price of the VVC/AU managed to close higher over the last five trading days, adding $0.121 per share to close at $2.971 per share. Our other key indicators, the RT, BSR and MTI, also made gains in the last five trading days. The BSR remains at a…
Losses in the financial sector led Australia’s main index modestly lower today. However, the Price of the VVC/AU ended just slightly higher. With one green light and an UpDn situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market…
Statements from the Reserve Bank of Australia about the likelihood of an economic contraction sent Australian stocks to a lower close today. However, the Price of the VVC/AU ended modestly higher. With one green light and an UpDn situation Prudent Investors may buy stocks long if the market is…