Monthly Archive: September 2020

Daily Update Tuesday, September 8, 2020

Hopes for further stimulus boosted sentiment and Australian shares ended to the upside. 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 with selections…

Daily Update Monday, September 7, 2020

Anticipation of a coronavirus vaccination sent the All Ordinaries Index to a higher close. However, the Price of the VVC/AU ended lower. 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…

The Supermarkets…With a Twist.

A sharp sell-off in the final session cemented a week-over-week loss for the Price of the VVC/AU. Overall, it fell $0.040 per share to close at $3.300 per share and the Primary Wave is now Dn. Additionally, all three of our other key indicators, the RT, BSR and MTI, also finished…

Daily Update Thursday, September 3, 2020

An optimistic US Fed survey and hopes for additional stimulus drove the AORD higher. With one green light and an UpUp 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…

Daily Update Wednesday, September 2, 2020

Optimistic manufacturing data from the US and China caused Australian stocks to end 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 are…

Daily Update Tuesday, September 1, 2020

Australian equities ended sharply lower ahead of the release of economic data that could reveal the severity of the damage from COVID-19. 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…