Australian shares closed sharply lower with miners and financials experiencing major blows. With two red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.Portfolios 10 Stock Model Portfolio We are…
Australian shares closed in positive territory boosted by an overnight rally in global equities along with a fall in new COVID-19 cases. With one green light and a UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market as…
Financial and consumer stocks weighed on Australian shares, causing a lower close. However, the Price of the VVC/AU closed higher. With three yellow lights and a UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as it…
Economic concerns weighed on the market this week and the Price of the VVC/AU reversed course and moved lower. Overall, it lost $0.005 per share to finish the week at $3.278 per share. All three of our other key indicators, the RT, BSR and MTI, closed lower when compared to five…
Australian shares closed to the downside due to doubts surrounding economic recovery. With two red lights 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 downside.Portfolios 10 Stock Model Portfolio We are…
Hopes that the Central Bank will cut interest rates caused Australian Stocks to close sharply higher. 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…
Possible delays in fresh stimulus sent the All Ordinaries Index to a lower close. With two red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.Portfolios 10 Stock Model Portfolio …
Australian equities ended at their lowest since the end of June, led by weak iron ore prices. With two red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.Portfolios 10 Stock…