Monthly Archive: May 2020

Daily Update Tuesday, May 19, 2020

Global economies reopening lifted investor sentiment which caused Australian shares to close sharply higher today. With three green lights and an UpDn 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…

Daily Update Monday, May 18, 2020

Australian stocks finished higher today led by strength in the energy and mining sectors. With one green light and an UnDn 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 Thursday, May 14, 2020

Australian equities closed sharply lower today as unemployment reached its highest level in about 5 years due to COVID-19 restrictions. With one red light 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 Wednesday, May 13, 2020

The AORD made slight gains today with the Commonwealth Bank’s stocks leading the way. However, the Price of the VVC/AU finished modestly lower. 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…

Daily Update Tuesday, May 12, 2020

Worries about a second wave of COVID-19 infections in some countries sent Australian shares to a lower close 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 it develops.Portfolios…

Daily Update Monday, May 11, 2020

Australian equities rose today as preparations to lighten more lockdown restrictions aided sentiment. 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…

Westpac Bank Results Surprise to the Upside.

Lockdown restrictions continued to ease helping the Price of the VVC/AU post a modest gain when compared to last Friday despite downtrodden economic reports around the globe. Overall, it gained a slight $0.050 per share to close at $3.026 per share. Our other key indicators, the RT, BSR and MTI, also…