Coronavirus concerns hindered stock prices this week and the Price of the VVC/AU continued to move lower. Overall, it lost $0.112 per share to close at $3.307 per share. Additionally, with the MTI below 1.00 and the Price of the VVC/AU moving lower for two consecutive five-day trading periods, we received…
Australian equities closed sharply lower due to fears surrounding a coronavirus surge and uncertainty surrounding a global economic recovery. With two red lights and a C/Dn 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…
The All Ordinaries Index closed higher led by gains in gold and tech stocks. With three yellow lights an 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…
A rise in COVID-19 cases along with a stall in US stimulus caused Australian shares to close in the red. 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…
A high in coronavirus cases and gold stocks leading losses sent Australian equities lower. 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…
Lack of progress on a new stimulus deal in the U.S. dented sentiment and the Price of the VVC/AU finished slightly lower this week. Overall, it fell $0.009 per share to close at $3.419 per share and the Primary Wave is Dn. Furthermore, all three of our other key indicators, the…
The All Ordinaries Index closed lower today as losses in energy and financials weighed. 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…
Hopes of further stimulus in the U.S. boosted sentiment and Australian shares closed slightly 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…