Monthly Archive: August 2021

Daily Update Monday, August 9, 2021

Losses in miners offset gains in financials and the S&P/ASX 200 closed flat today. However, the Price of the VVC/AU ended slightly lower. With one red light and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the…

The Earnings of Bhp and Rio Keep Powering Higher and Higher.

Afterpay’s buyout news and gains in bank stocks combined to send the Price of the VVC/AU higher this week. Overall, it rose $0.052 per share to finish at $3.920 per share, a new all-time closing high. Furthermore, all three of our other key Market Timing indicators, the RT, BSR and MTI,…

Daily Update Thursday, August 5, 2021

Gains in bank shares outweighed losses in miners and the S&P/ASX 200 closed higher today. However, the Price of the VVC/AU ended lower. 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…

Daily Update Wednesday, August 4, 2021

Australian equities closed higher today with energy and mining shares 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…

Daily Update Tuesday, August 3, 2021

Although lockdowns remain in heavily populated states, the central bank cut back on stimulus, disappointing investors and sending Australia’s main index lower. 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…

Daily Update Monday, August 2, 2021

News that Afterpay had agreed to a buyout by Square gave investors a reason to buy stocks today and the S&P/ASX 200 soared. 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…