Monthly Archive: May 2021

Daily Update Wednesday, May 19, 2021

Australian equities closed sharply lower today as losses in bank and mining shares weighed. 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 …

Daily Update Tuesday, May 18, 2021

Australian equities finished higher today with energy and mining shares providing support. With one green light and an UpDn 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…

Daily Update Monday, May 17, 2021

The S&P/ASX 200 closed higher today with gold stocks leading the charge. With three yellow lights and a DnDn 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…

Battle of the Blue-Chips Part II.

Technology stocks got pummeled again early this week, cementing a loss for the Price of the VVC/AU as it shed $0.049 per share to finish at $3.689 per share. All three of our other key Market Timing indicators, the RT, BSR and MTI, also moved lower over the last five trading…

Daily Update Thursday, May 13, 2021

Strong US inflation data caused investors to dump technology stocks today and Australia’s main index closed in the red. With three 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…

Daily Update Wednesday, May 12, 2021

Faltering mining and financial shares sent the S&P/ASX 200 lower today. With three 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 10 Stock Model Portfolio We are long…

Daily Update Tuesday, May 11, 2021

Australian equities closed sharply lower today as losses in tech weighed. 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 long…

Daily Update Monday, May 10, 2021

Australian equities closed higher today with mining stocks leading the charge. 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…