Shaky sales and wages data combined with rising diplomatic tensions with China caused Australian shares to close to the downside. 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…
The Price of the VVC/AU continued to move higher this week, getting a boost from encouraging economic data and vaccine hopes despite the rising number of COVID-19 infections. Overall, it rose $0.013 per share to finish the week at $3.340 per share. However, our other key Market Timing indicators, the RT,…
Better than anticipated business investment data sent Australian shares higher. 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 Stock Model Portfolio We…
Rising COVID-19 death toll dented sentiment causing Australian equities to end to the downside. 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 Portfolio…
Indications of progress in Sino-US trade talks boosted sentiment causing Australian stocks to end higher. With one green light 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 with a bias…
Tech stocks closed at a record peak while daily COVID-19 cases slowdown sending Australian equities into the black. 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 market with a bias to the…
Despite global economic uncertainties and lingering coronavirus concerns, the Price of the VVC/AU moved higher for the third consecutive week, rising $0.02 per share to close at $3.327 per share. Our other key indicators, the RT, BSR and MTI, also made considerable gains this week. The MACD has been in positive…
Concerns surrounding the decision to reject China-backed company’s offer could escalate tensions between the two nations sending Australian shares into the red. 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…