Rising iron ore prices boosted mining shares and Australian stocks closed in positive territory. 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…
Although worries increased surrounding the coronavirus outbreak, the Price of the VVC/AU managed to end its fifth straight week higher. Overall, it gained $0.021 per share to finish the week at $3.541 per share. Two of our other key indicators, the RT and BSR, also ended the week higher. However, our…
As the mining index soared following the approval from China of long held-up coal shipments, Australian shares ended 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 with a bias to…
Losses in the healthcare and consumer sectors offset gains in utilities and industrial stocks causing the All Ordinaries Index to end flat. However, the Price of the VVC/AU was unchanged. With two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive…
As the central bank continues to keep interest rates at an all-time low, investors are hopeful for an economic recovery and Australian shares ended 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…