Monthly Archive: December 2020

Daily Update Thursday, December 17, 2020

Australian equities closed sharply higher today on optimism surrounding a fast economic recovery. 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 upside.Portfolios 10…

Daily Update Wednesday, December 16, 2020

Hopes of further stimulus in the U.S. boosted sentiment and Australian shares closed higher. However, 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, December 15, 2020

News that China is halting coal imports weighed on mining stocks and the All Ordinaries Index closed 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…

Daily Update Monday, December 14, 2020

Hopes of a swift economic recovery sent Australian shares to a higher close today. However, 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…

Top Iron Ore Producers – Australia.

Lack of progress on a new stimulus deal in the U.S. along with trade tensions with China dented sentiment and the Price of the VVC/AU reversed course and finished lower this week. Overall, it fell $0.020 per share to close at $3.521 per share and the Primary Wave is Dn. Furthermore,…

Daily Update Thursday, December 10, 2020

Renewed trade tensions with China sent the All Ordinaries Index to a lower close today. 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…

Daily Update Wednesday, December 9, 2020

Encouraging coronavirus vaccination news boosted sentiment and Australian stocks closed in positive territory today. 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…

Daily Update Tuesday, December 8, 2020

Better-than-expected economic data pushed Australian equities to a higher close today. 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 upside.Portfolios 10 Stock Model…