Monthly Archive: August 2020

Gold Is Surging.

Despite lingering coronavirus and trade concerns between the U.S. and China, the Price of the VVC/AU managed to move higher over the last five trading days. Overall, it gained $0.059 per share to close at $3.266 per share, returning the Primary Wave to Up. With a mix of Green and Red…

Daily Update Thursday, August 6, 2020

The AORD ended higher following a greater finish on Wall Street as mining and energy stocks rallied. 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 upside.Portfolios…

Daily Update Wednesday, August 5, 2020

Due to investors avoiding risky bets ahead of the corporate earnings season, Australian shares ended to the downside. With one red 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.Portfolios 10…

Daily Update Tuesday, August 4, 2020

Tech-led overnight rally caused Australia’s main index to close modestly higher. 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 upside.Portfolios 10 Stock Model Portfolio We…

Daily Update Monday, August 3, 2020

Australian equities closed lower due to concerns over virus-led business closures. With one red light and a DnUp situation, the Color Guard is mildly Bearish. So Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play the market as it develops with a…