Monthly Archive: June 2020

Daily Update Thursday, June 18, 2020

Disappointing unemployment data sent Australian shares to a lower close today. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops with a bias to the downside.Portfolios 10 Stock Model Portfolio …

Daily Update Wednesday, June 17, 2020

Hopes of a quick economic recovery sent the AORD to a higher close today. With three yellow lights and a DnUp 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…

Daily Update Tuesday, June 16, 2020

Australian shares closed sharply higher today on hopes of further stimulus in the U.S. With three yellow lights and a DnUp 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…

Daily Update Monday, June 15, 2020

Fears of a second wave of COVID-19 infections sent Australian stocks sharply lower today. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops with a bias to the downside.Portfolios 10 Stock…

Dividend Aristocrats.

Although the week began on an up note, the US Fed report managed to put a damper on stock prices and the Price of the VVC/AU finished lower. Overall, it lost $0.055 per share over the last five trading days to close at $3.127 per share and the Primary Wave is…

Daily Update Thursday, June 11, 2020

The US Federal Reserve’s dismal economic forecast caused Australian equities to close in the red today. With three yellow lights and an UpUp 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 10 Stock Model…

Daily Update Wednesday, June 10, 2020

Australian stocks closed just above even today as positive sentiment about global economic recovery slightly outweighed anxieties about the US Federal Reserve’s upcoming meeting. With two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the…

Daily Update Tuesday, June 9, 2020

Prospects of a quick economic return to normal allowed Australian shares to close sharply higher today. With three green lights 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…